INVOLVED PROPERTY INVESTMENTS LTD


Director	SPOONER, Tomas


Registered Address	C/O Eaccounts Ltd Ground Floor Cardigan House
	Castle Court
	Swansea
	SA7 9LA


Registered Number	13121847 (England and Wales)

Statement of Financial Position
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Investment property	3		360,000		240,895
			360,000		240,895
Current assets
Cash at bank and on hand		7,522		52
		7,522		52
Creditors amounts falling due within one year	4	(103,607)		(104,202)
Net current assets (liabilities)			(96,085)		(104,150)
Total assets less current liabilities			263,915		136,745
Creditors amounts falling due after one year			(211,180)		(186,424)
Net assets			52,735		(49,679)
Capital and reserves
Called up share capital			100		100
Profit and loss account			52,635		(49,779)
Shareholders' funds			52,735		(49,679)

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 30 October 2026, and are signed on its behalf by:

SPOONER, Tomas
Director
Registered Company No. 13121847

INVOLVED PROPERTY INVESTMENTS LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	The director has confirmed that he will continue to provide financial support and will not seek repayment of amounts owed to him for at least twelve months from the date of approval of these financial statements. The director therefore considers it appropriate to prepare the financial statements on a going concern basis.

	Revenue from rendering of services
	Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. Turnover represents rental income from short-term lettings, net of VAT where applicable, and is recognised over the period of each stay

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Investment property
	Investment property is carried at fair value, determined annually by the director with reference to recent lender valuations and market evidence for comparable properties. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	0		0

3.	Investment property

4.	Creditors: amounts due within one year

	2026	2025
	£	£
Other creditors	103,607	103,602
Accrued liabilities and deferred income	-	600
Total	103,607	104,202


	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.

5.	Secured creditors
	Bank borrowings of £211,180 (2025: £186,424) are secured by fixed charges, with negative pledges, over the company’s properties at 61 Mount Pleasant, Swansea, SA1 6EQ and 47 Richmond Road, Loughor, SA4 6QQ. All of these borrowings are repayable after more than five years.