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Registered number: 14482938
Hypercloud Properties Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Peter Jarman LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14482938
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 554,363 415,000
554,363 415,000
CURRENT ASSETS
Debtors 5 7,350 19,089
Cash at bank and in hand 27,918 2,027
35,268 21,116
Creditors: Amounts Falling Due Within One Year 6 (237,839 ) (270,294 )
NET CURRENT ASSETS (LIABILITIES) (202,571 ) (249,178 )
TOTAL ASSETS LESS CURRENT LIABILITIES 351,792 165,822
Creditors: Amounts Falling Due After More Than One Year 7 (318,932 ) (151,469 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (22,294 ) (18,494 )
NET ASSETS/(LIABILITIES) 10,566 (4,141 )
CAPITAL AND RESERVES
Called up share capital 10 1 1
Fair value reserve 12 95,043 78,843
Profit and Loss Account (84,478 ) (82,985 )
SHAREHOLDERS' FUNDS 10,566 (4,141)
Page 1
Page 2
For the year ending 31 March 2026 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 M Ajibike
Director
07/09/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Hypercloud Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14482938 . The registered office is St James' Hall, Mill Road, Lancing, West Sussex, BN15 0PT.
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 represents rents receivable on investment properties for the accounting period.
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.
2.4. 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. 
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. 
2.5. Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
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Page 4
4. Investment Property
2026
£
Fair Value
As at 1 April 2025 415,000
Additions 119,363
Revaluations 20,000
As at 31 March 2026 554,363
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2026 2025
£ £
Cost 437,026 317,663
The investment properties were valued on an open market basis at the financial year end of 31st March 2026 by the director of the company.
The company owns 5 investment properties and the combined value of the properties was £554,363 at the financial year end March 2026.
Cost: £437,026
Valuation in 2025: £97,337
Valuation in 2026: £20,000
Total: £554,363
5. Debtors
2026 2025
£ £
Due within one year
Other debtors 7,350 19,089
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Bank loans and overdrafts - 51,000
Amounts owed to group undertakings 233,093 218,294
Other creditors 4,746 1,000
237,839 270,294
7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Mortgage 318,932 151,469
8. Secured Creditors
The mortgages are secured over the assets in the company, including the investment properties.
2026 2025
£ £
Bank loans and overdrafts 318,932 202,469
Page 4
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9. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 April 2025 18,494 18,494
Utilised 3,800 3,800
Balance at 31 March 2026 22,294 22,294
10. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
11. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2025 Amounts advanced Amounts repaid Amounts written off As at 31 March 2026
£ £ £ £ £
Mr Moruf Ajibike (313 ) 10,998 (10,339 ) - 347
The above loan is unsecured, interest free and repayable on demand.
12. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 April 2025 78,843 (82,985 )
Profit for the year and total comprehensive income - 14,707
Transfer to/from Fair value reserve - (16,200)
Transfer to/from Profit & Loss Account 16,200 -
As at 31 March 2026 95,043 (84,478 )
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