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Registered number: 10071097
Market Properties Limited
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
Market Properties Limited
ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
DIRECTORS
Feya Buchwald (Resigned on 8 November 2025)
Janusz Milewski
REGISTERED OFFICE
First Floor 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10071097
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
Market Properties Limited
ACCOUNTS
FOR THEYEARENDED31 MARCH 2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Market Properties Limited
BALANCE SHEET AT 31 March 2025
20252024
Notes££
FIXED ASSETS
Tangible assets23,862,7003,011,266
CURRENT ASSETS
Debtors410,284538
Cash at bank and in hand462,835391,677
473,119392,215
CREDITORS: Amounts falling due within one year51,468,8421,470,291
NET CURRENT LIABILITIES(995,723)(1,078,076)
TOTAL ASSETS LESS CURRENT LIABILITIES2,866,9771,933,190
CREDITORS: Amounts falling due after more than one year62,135,1432,033,980
PROVISIONS FOR LIABILITIES AND CHARGES9213,084-
NET ASSETS / (LIABILITIES)518,750(100,790)
CAPITAL AND RESERVES
Called up share capital10100100
Revaluation reserve1f,11639,251-
Profit and loss account(120,601)(100,890)
SHAREHOLDERS' FUNDS518,750(100,790)
For the year ending 31 March 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 13 August 2026 and signed on their behalf by
.............................
Janusz Milewski
Director
Market Properties Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
1c. Investment Properties
Investment properties are included in the financial statements at fair value. Gains and losses on remeasurement of fair value are recognised in the Statement of comprehensive income, within Other operating income. Net gains less related deferred tax on remeasurement of fair value of investment property at the year end, are included in a non-distributable reserve, Investment property revaluation reserve.
1d. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1e. Turnover
Turnover represents the total value of rental income receivable during the year. The total turnover of the company for the year has been dervied from its principal activity wholly undertaken in the UK.
1f. Revaluation Reserve
Surpluses and deficits on the revaluation of investment property are taken to the Statement of Comprehensive Income and subsequently transferred from Profit and Loss account reserve to a non-distributable Revaluation reserve (See also note 11).
Market Properties Limited
1g. Statutory Information
Market Properties Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 10071097 and registered office address is First Floor 690 Great West Road, Osterley Village, Isleworth, United Kingdom, TW7 4PU.
1h. Financial Instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments.
2. TANGIBLE FIXED ASSETS
Plant and
MachineryTotal
££
Cost
At 1 April 202423,44923,449
At 31 March 202523,44923,449
Depreciation
At 1 April 202419,84919,849
For the year900900
At 31 March 202520,74920,749
Net Book Amounts
At 31 March 20252,7002,700
At 31 March 20243,6003,600
3. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 1 April 20243,007,6663,007,666
Revaluation852,334852,334
At 31 March 20253,860,0003,860,000
The Investment properties are stated at fair value at the balance sheet date.
Market Properties Limited
4. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors9,746-
Prepayments538538
10,284538
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Taxation and social security -1,933
Directors current account242,942242,342
Trade creditors-152
Other creditors1,222,7681,222,768
Accruals3,1323,096
1,468,8421,470,291
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Bank loans (secured) >1yr2,135,1432,033,980
2,135,1432,033,980
The bank mortgages repayable in five years or more other than by instalments,are £2,135,143 (2024: £2,033,980).
7. SECURED CREDITORS
20252024
££
Amount of bank loans and overdrafts which are secured2,135,1432,033,980
The bank mortgages are secured over the investment properties of the company. The bank mortgages are charged at rate of 3.69% per annum.
Market Properties Limited
8. EMPLOYEES
20252024
No.No.
Average number of employees--
9. PROVISIONS FOR LIABILITIES 20252024
££
Deferred taxation213,084-
213,084-
10. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
50 Ordinary "A" shares of £1.00 each5050
50 Ordinary "B" shares of £1.00 each5050
100100
11. REVALUATION RESERVE 20252024
££
Investment property revaluation reserve 639,251-
639,251-