Invicta House Properties Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13185166

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		867,900		869,730

			867,900		869,730
CURRENT ASSETS
Debtors	5	532		-
Cash at bank and in hand		2,881		3,187

		3,413		3,187
Creditors: Amounts Falling Due Within One Year	6	(501,750 )		(515,464 )

NET CURRENT ASSETS (LIABILITIES)			(498,337 )		(512,277 )

TOTAL ASSETS LESS CURRENT LIABILITIES			369,563		357,453

Creditors: Amounts Falling Due After More Than One Year	7		(376,848 )		(376,948 )

NET LIABILITIES			(7,285 )		(19,495 )

CAPITAL AND RESERVES
Called up share capital	9		1		1
Profit and Loss Account			(7,286 )		(19,496 )

SHAREHOLDERS' FUNDS			(7,285)		(19,495)

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Invicta House Properties Ltd

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 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 her 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

Mrs Karen Weetman

Director

17/09/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Invicta House Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13185166 . The registered office is 192 Castle Road, Bedford, MK40 3TY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, including the provisions of Section 1A “Small Entities”, and the requirements of the Companies Act 2006.

These are the company's first financial statements prepared under FRS 102. The date of transition to FRS 102 was 1 March 2024. The comparative information has been restated where necessary in accordance with Section 35 of FRS 102.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Investment Properties

Investment properties are properties held to earn rental income and/or for capital appreciation.

Investment properties are measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss in the period in which they arise.

Investment properties are not depreciated.

Investment properties were valued at £867,900 at 28 February 2026 (2025: £869,730). The resulting fair value loss of £1,830 (2025: gain £22,030) has been recognised in profit or loss.

2.4. Fair value measurement

Fair value is determined by the directors by reference to available market evidence. At 28 February 2026, the fair values were based on current market valuations provided by the estate agent responsible for managing the properties. Comparative and transition-date fair values were determined by reference to property valuations obtained from Nationwide. The directors consider these valuations to provide a reasonable estimate of the properties' fair values at the relevant reporting dates.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2025: 1)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost or Valuation
As at 1 March 2025	869,730
Revaluation	(1,830 )

As at 28 February 2026	867,900

Net Book Value
As at 28 February 2026	867,900

As at 1 March 2025	869,730

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Invicta House Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

5. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	532	-

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Mortgages due within 1 year	12,806	12,722
Director's loan account	488,944	502,742

	501,750	515,464

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Other creditors	376,848	376,948

8. Deferred Taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date where transactions or events giving rise to an obligation to pay more tax, or a right to pay less tax, in the future have occurred at the reporting date.

Deferred tax assets are recognised only when 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 tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply when the timing differences reverse.

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	1	1

10. Transition to FRS 102

These are the company's first financial statements prepared in accordance with FRS 102. The company's date of transition was 1 March 2024.

Under the company's previous accounting framework, FRS 105, investment properties were carried at cost. Under FRS 102, investment properties are measured at fair value with changes in fair value recognised in profit or loss.

At the transition date of 1 March 2024, the fair values were determined by reference to property valuations obtained from Nationwide. The carrying value of the investment properties was consequently increased from £822,278 to £847,700, resulting in an increase in opening retained earnings of £25,422.

During the comparative year ended 28 February 2025, a further fair value gain of £22,030 was recognised in profit or loss, increasing the carrying value of the investment properties to £869,730.

The principal effect of the transition is therefore the change in the measurement basis of the investment property from cost to fair value.

Effect of transition 1 March 2024

Increase in investment properties £25,422

Net deferred tax –

Increase in equity £25,422

Effect of transition 28 February 2025

Increase in investment properties £47,452

Net deferred tax –

...CONTINUED

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Invicta House Properties Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

10. Transition to FRS 102 - continued

Increase in equity £47,452

And for the comparative P&L:

Effect on YE 28 February 2025

Fair value gain on investment properties £22,030

Deferred tax effect –

Increase in profit for the year £22,030

No net deferred tax liability arises in respect of the investment property fair value adjustments. The gross deferred tax liability arising on the taxable temporary differences is matched by a deferred tax asset in respect of UK property business losses carried forward which are expected to be available against the reversal of those differences.

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