London Property Guru Limited - Filleted accounts

Registered number

07949699

London Property Guru Limited

Filleted Accounts

31 March 2025

London Property Guru Limited
Registered number:		07949699
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		6,304			7,880

Current assets
Debtors	4	754,777			668,690
Cash at bank and in hand		96,674			40,269
		851,451			708,959

Creditors: amounts falling due within one year	5	(141,061)			(146,674)

Net current assets			710,390			562,285

Total assets less current liabilities			716,694			570,165

Creditors: amounts falling due after more than one year	6		(100,917)			(108,675)



Net assets			615,777			461,490

Capital and reserves
Called up share capital			185,100			185,100
Profit and loss account			430,677			276,390

Shareholders' funds			615,777			461,490

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr Fabrizio Rossetti
Director
Approved by the board on 17 September 2026

London Property Guru Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	11		11


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	At 1 April 2024			43,978
	At 31 March 2025			43,978

	Depreciation
	At 1 April 2024			36,098
	Charge for the year			1,576
	At 31 March 2025			37,674

	Net book value
	At 31 March 2025			6,304
	At 31 March 2024			7,880


4	Debtors	2025		2024
£			£

	Trade debtors	754,777		576,730
	Other debtors	-		91,960
		754,777		668,690


5	Creditors: amounts falling due within one year	2025		2024
£			£

	Bank loans and overdrafts	24,757		31,854
	Trade creditors	9,840		6,590
	Taxation and social security costs	106,464		107,823
	Other creditors	-		407
		141,061		146,674


6	Creditors: amounts falling due after one year	2025		2024
£			£

	Bank loans	100,917		108,675


7	Other information

	London Property Guru Limited is a private company limited by shares and incorporated in England. Its registered office is:
	112 Prince Gardens
	London
	W3 0LJ