Company No: 05677417 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTOR

P Robinson

REGISTERED OFFICE	Wey Court West
	Union Road
	Farnham
	GU9 7PT
	United Kingdom

COMPANY NUMBER

05677417 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

	Note	2025		2024
		£		£
Current assets
Debtors	5	9,908		8,323
Cash at bank and in hand	6	10,927		15,349
		20,835		23,672
Creditors: amounts falling due within one year	7	( 34,473)		( 42,983)
Net current liabilities		(13,638)		(19,311)
Total assets less current liabilities		(13,638)		(19,311)
Creditors: amounts falling due after more than one year	8	( 19,440)		( 24,996)
Net liabilities		( 33,078)		( 44,307)
Reserves
Profit and loss account		( 33,078 )		( 44,307 )
Total reserves		( 33,078)		( 44,307)

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

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Association of International Property Professionals Ltd (registered number: 05677417) were approved and authorised for issue by the Director on 26 June 2026. They were signed on its behalf by:

P Robinson Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Association of International Property Professionals Ltd (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Wey Court West, Union Road, Farnham, GU9 7PT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Other intangible assets

4 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment

3 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	2		2

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 01 January 2025	15,415		15,415
At 31 December 2025	15,415		15,415
Accumulated amortisation
At 01 January 2025	15,415		15,415
At 31 December 2025	15,415		15,415
Net book value
At 31 December 2025	0		0
At 31 December 2024	0		0

4. Tangible assets

	Office equipment		Total
	£		£
Cost
At 01 January 2025	9,286		9,286
At 31 December 2025	9,286		9,286
Accumulated depreciation
At 01 January 2025	9,286		9,286
At 31 December 2025	9,286		9,286
Net book value
At 31 December 2025	0		0
At 31 December 2024	0		0

5. Debtors

	2025		2024
	£		£
Trade debtors	5,311		0
Deferred tax asset	4,597		8,266
Other debtors	0		57
	9,908		8,323

6. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	10,927		15,349

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	5,560		5,560
Trade creditors	2,067		5,290
Amounts owed to related parties	21,517		28,693
Amounts owed to director	312		312
Accruals	2,150		1,000
Other taxation and social security	2,867		2,128
	34,473		42,983

8. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	19,440		24,996

There are no amounts included above in respect of which any security has been given by the small entity.

9. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	8,266		12,085
Charged to the Statement of Income and Retained Earnings	( 3,669)		( 3,819)
At the end of financial year	4,597		8,266

10. Liability of members

The members of the Association of International Property Professionals Ltd have undertaken to contribute a sum not exceeding £1 each to meet the liabilities of the Company if it should be wound up.