The Prospex Property Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 15186992

		31 October 2025		31 October 2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		1,100,000		975,000

			1,100,000		975,000
CURRENT ASSETS
Debtors	5	1,805		-
Cash at bank and in hand		796		1,001

		2,601		1,001
Creditors: Amounts Falling Due Within One Year	6	(424,069 )		(344,686 )

NET CURRENT ASSETS (LIABILITIES)			(421,468 )		(343,685 )

TOTAL ASSETS LESS CURRENT LIABILITIES			678,532		631,315

Creditors: Amounts Falling Due After More Than One Year	7		(377,742 )		(397,995 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(58,375 )		-

NET ASSETS			242,415		233,320

CAPITAL AND RESERVES
Called up share capital	9		100		100
Fair value reserve			299,850		239,765
Profit and Loss Account			(57,535 )		(6,545 )

SHAREHOLDERS' FUNDS			242,415		233,320

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The Prospex Property Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 Boon Koa

Director

16/07/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

The Prospex Property Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15186992 . The registered office is 21 New Walk, Leicester, LE1 6TE.

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. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Investment Property

	31 October 2025
	£
Fair Value
As at 1 November 2024	975,000
Additions	6,540
Fair value adjustments	118,460

As at 31 October 2025	1,100,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	31 October 2025	31 October 2024
	£	£
Cost	741,775	735,235

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The Prospex Property Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

5. Debtors

	31 October 2025	31 October 2024
	£	£
Due within one year
Other debtors	1,805	-

6. Creditors: Amounts Falling Due Within One Year

	31 October 2025	31 October 2024
	£	£
Bank loans and overdrafts	8,828	-
Accruals and deferred income	3,598	2,806
Directors' loan accounts	411,643	341,880

	424,069	344,686

7. Creditors: Amounts Falling Due After More Than One Year

	31 October 2025	31 October 2024
	£	£
Bank loans	377,742	397,995

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	31 October 2025		31 October 2024
	£		£
Bank loans	330,304		397,995

8. Secured Creditors

Of the creditors the following amounts are secured.

	31 October 2025		31 October 2024
	£		£
Bank loans and overdrafts	386,569		397,995

9. Share Capital

	31 October 2025	31 October 2024
	£	£
Allotted, Called up and fully paid	100	100

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