REGISTERED NUMBER: 11551001 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

PROPERTEESY LTD

Page

Statement of Financial Position

1

to

2

Notes to the Financial Statements

3

to

6

FIXED ASSETS

Investment property

3

725,000

690,000

CURRENT ASSETS

Debtors

4

16,506

15,303

Cash at bank

13,304

3,804

29,810

19,107

CREDITORS

Amounts falling due within one year

5

(99,836

)

(118,164

)

NET CURRENT LIABILITIES

(70,026

)

(99,057

)

TOTAL ASSETS LESS CURRENT LIABILITIES

654,974

590,943

CREDITORS

Amounts falling due after more than one year

6

(498,312

)

(465,601

)

PROVISIONS FOR LIABILITIES

(44,956

)

(36,206

)

NET ASSETS

111,706

89,136

CAPITAL AND RESERVES

Called up share capital

100

100

Non-distributable reserve

134,868

108,618

Retained earnings

(23,262

)

(19,582

)

111,706

89,136

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 June 2026 and were signed by:

M Nowak - Director

1.	STATUTORY INFORMATION

Properteesy Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11551001

Registered office:

91 Hounslow Road

Hanworth

Feltham

London

TW13 6QA

The principal activity of the company is that of an investment property company.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the entity.

SIGNIFICANT JUDGEMENTS AND ESTIMATES

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Investment properties

The open market value of the investment properties has been determined by the director, based on mortgage valuations and her experience of the market.

GOING CONCERN

The accounts have been prepared on the going concern basis. The director believes this to be appropriate as she has expressed her willingness to support the business for the foreseeable future.

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

FINANCIAL INSTRUMENTS

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

690,000

Revaluations

35,000

At 30 September 2025

725,000

NET BOOK VALUE

At 30 September 2025

725,000

At 30 September 2024

690,000

The director considers the investment property to be stated at fair value as at 30 September 2025.

Fair value at 30 September 2025 is represented by:

£

Valuation in 2021

49,874

Valuation in 2023

37,960

Valuation in 2024

56,991

Valuation in 2025

35,000

Cost

545,175

725,000

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Other debtors

8,800

8,800

Deferred tax asset

7,706

6,503

16,506

15,303

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Other creditors

25,970

50,725

Directors' current accounts

67,547

58,158

Accruals and deferred income

6,319

9,281

99,836

118,164

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Other loans more 5 years

non-instalments

498,312

465,601

498,312

465,601

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5 years

non-instalments

498,312

465,601

498,312

465,601

The other loans are secured by fixed charges over all investment properties.

7.	EVENTS AFTER THE END OF THE REPORTING PERIOD

There were no significant events up to the date of approval of the financial statements by the Board.

8.	GOING CONCERN

The accounts have been prepared on the going concern basis. The director believes this to be appropriate as she has expressed her willingness to support the business for the foreseeable future.