REGISTERED NUMBER: 10502197 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2025

FOR

UK PROGRESSIVE PROPERTY LTD

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

227,052

642,092

CURRENT ASSETS

Debtors

5

3,104

3,104

Cash at bank

2,399

17,427

5,503

20,531

CREDITORS

Amounts falling due within one year

6

162,417

608,916

NET CURRENT LIABILITIES

(156,914

)

(588,385

)

TOTAL ASSETS LESS CURRENT LIABILITIES

70,138

53,707

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

70,038

53,607

SHAREHOLDERS' FUNDS

70,138

53,707

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 August 2026 and were signed by:

Mrs. N H Celikcan - Director

1.	STATUTORY INFORMATION

UK Progressive Property 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:

10502197

Registered office:

Unit 2.02

High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

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.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful

life.

Freehold property - 2% on straight line

Fixtures and fittings - 15% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Long

and

property

leasehold

fittings

Totals

£

£

£

£

Cost or valuation

At 1 December 2024

429,838

240,000

5,994

675,832

Disposals

(429,838

)

-

-

(429,838

)

At 30 November 2025

-

240,000

5,994

245,994

Depreciation

At 1 December 2024

17,194

12,564

3,982

33,740

Charge for year

-

2,094

302

2,396

Eliminated on disposal

(17,194

)

-

-

(17,194

)

At 30 November 2025

-

14,658

4,284

18,942

Net book value

At 30 November 2025

-

225,342

1,710

227,052

At 30 November 2024

412,644

227,436

2,012

642,092

Cost or valuation at 30 November 2025 is represented by:

Fixtures

Long

and

leasehold

fittings

Totals

£

£

£

Valuation in 2024

(17,305

)

-

(17,305

)

Cost

257,305

5,994

263,299

240,000

5,994

245,994

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

3,104

3,104

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

94

Amounts owed to associates

19,821

11,308

Taxation and social security

399

3,280

Other creditors

142,197

594,234

162,417

608,916

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

70

Ordinary

£1

70

70

30

Class A

£1

30

30

100

100

8.	RELATED PARTY DISCLOSURES

Other creditors includes an amount of £58,395 due to the director- Mrs N H Celikcan. This is an interest free and unsecured advance to the company which does not have a fixed date of repayment and £81,124 due to Miss Ruby Kingsley.Interest is charged for £1.50% p.a.