REGISTERED NUMBER: 02627140 (England and Wales)

SCOPEVILLE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTOR:

Mr B Z Rozner

REGISTERED OFFICE:

2 Jessam Avenue

London

E5 9DU

REGISTERED NUMBER:

02627140 (England and Wales)

ACCOUNTANTS:

Sugarwhite Meyer Accountants Ltd

First Floor

94 Stamford Hill

London

N16 6XS

FIXED ASSETS

Tangible assets

5

1,190

1,322

Investment property

6

4,369,845

4,369,845

4,371,035

4,371,167

CURRENT ASSETS

Debtors

7

1,400,384

1,447,157

Cash at bank

1,069

2,054

1,401,453

1,449,211

CREDITORS

Amounts falling due within one year

8

181,547

216,145

NET CURRENT ASSETS

1,219,906

1,233,066

TOTAL ASSETS LESS CURRENT LIABILITIES

5,590,941

5,604,233

CREDITORS

Amounts falling due after more than one year

9

(1,280,091

)

(1,216,283

)

PROVISIONS FOR LIABILITIES

11

(618,046

)

(618,046

)

NET ASSETS

3,692,804

3,769,904

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

1,986,290

1,986,290

Retained earnings

1,706,414

1,783,514

SHAREHOLDERS' FUNDS

3,692,804

3,769,904

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 August 2026 and were signed by:

Mr B Z Rozner - Director

1.	STATUTORY INFORMATION

Scopeville Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared on the historical cost basis, as modified to include investment properties measured at fair value through profit or loss.

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.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. The estimates and underlying assumptions are reviewed on an ongoing basis.

Turnover

Turnover is recognised at the fair value of the consideration receivable in respect of services provided in the normal course of business. The turnover of the company is represented by rents and charges receivable in respect of the company's investment portfolio.

Tangible fixed assets

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

Fixtures and fittings

-

10% on reducing balance

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. It is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 November 2024

and 31 October 2025

4,830

DEPRECIATION

At 1 November 2024

3,508

Charge for year

132

At 31 October 2025

3,640

NET BOOK VALUE

At 31 October 2025

1,190

At 31 October 2024

1,322

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

4,369,845

NET BOOK VALUE

At 31 October 2025

4,369,845

At 31 October 2024

4,369,845

The fair value of the investment properties has been arrived at on the basis of a valuation carried out by the company's director who has the experience and expertise required to undertake such an exercise. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties in the same location.

The historical cost of investment properties at 31 October 2025 is £1,765,508.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

137,634

137,634

Amounts owed by group undertakings

-

890

Other debtors

1,262,750

1,308,633

1,400,384

1,447,157

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,556

5,556

Amounts owed to group undertakings

7,514

-

Taxation and social security

20,050

27,427

Other creditors

148,427

183,162

181,547

216,145

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,280,091

1,216,283

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more than 5 years by non-instalments

1,257,406

1,188,042

Repayable by instalments

Bank loans more than 5 years by instalments

463

6,019

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

1,285,647

1,221,839

The bank loan is secured by a legal charge over the company's investment properties.

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

618,046

618,046

Deferred

tax

£

Balance at 1 November 2024

618,046

Balance at 31 October 2025

618,046

Deferred tax arises from the revaluation of investment properties.

12.	RELATED PARTY DISCLOSURES

Other debtors include amounts aggregating £638,256 (2024: £677,145) due from related companies under common control.

Other creditors include amounts aggregating £13,635 (2024: £89) due to a related company under common control.

13.	ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Scopeville Holdings Limited, a company incorporated in the United Kingdom.