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Registered number: 12682619
Observer Properties Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2025
TAG Accountants Group Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12682619
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 221,317 221,317
221,317 221,317
CURRENT ASSETS
Cash at bank and in hand 1,548 2,933
1,548 2,933
Creditors: Amounts Falling Due Within One Year 5 (73,857 ) (80,170 )
NET CURRENT ASSETS (LIABILITIES) (72,309 ) (77,237 )
TOTAL ASSETS LESS CURRENT LIABILITIES 149,008 144,080
Creditors: Amounts Falling Due After More Than One Year 6 (145,385 ) (145,385 )
NET ASSETS/(LIABILITIES) 3,623 (1,305 )
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 3,523 (1,405 )
SHAREHOLDERS' FUNDS 3,623 (1,305)
Page 1
Page 2
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Andile Siziba
Director
8th June 2026
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Observer Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12682619 . The registered office is 9 Shottery Brook Office Park Timothys Bridge Road, Stratford Enterprise Park, Stratford-Upon-Avon, England, CV37 9NR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The financial statements have been prepared on a going concern basis.
2.3. Significant judgements and estimations
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
2.4. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.6. Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
...CONTINUED
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2.6. Taxation - continued
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3. Average Number of Employees
The average number of employees during the year was NIL (2023 - NIL). NIL (2024: )
- -
4. Investment Property
2025
£
Fair Value
As at 1 July 2024 and 30 June 2025 221,317
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts 50,000 50,000
Other creditors 23,546 29,734
Taxation and social security 311 436
73,857 80,170
6. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 145,385 145,385
Amounts falling due in more than five years:
Repayable by instalments
2025 2024
£ £
Bank loans 138,885 145,385
7. Related Party Transactions
Terms of loans from related parties
£50,000 have been advanced on an interest free basis, there are no fixed repayment terms for the loan facility provided by related parties.
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