Isaac Properties Limited

Isaac Properties Limited
Contents Page
For the year ended 31 March 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Isaac Properties Limited Accountants' Report For the year ended 31 March 2026
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Isaac Properties Limited for the year ended 31 March 2026 In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Isaac Properties Limited for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance This report is made solely to the Board of Directors of Isaac Properties Limited, as a body, in accordance with the terms of our engagement letter dated 01 April 2023. Our work has been undertaken solely to prepare for your approval the accounts of Isaac Properties Limited and state those matters that we have agreed to state to the Board of Directors of Isaac Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Isaac Properties Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Isaac Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Isaac Properties Limited. You consider that Isaac Properties Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Isaac Properties Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for the period ended 31 March 2026 .................................................... aa Chartered Accountants 6 Blenheim Court Peppercorn Close Peterborough, Cambs PE1 2DU 31 July 2026 1

Isaac Properties Limited
Accountants' Report
For the year ended 31 March 2026

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Isaac Properties Limited for the year ended 31 March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Isaac Properties Limited for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance

This report is made solely to the Board of Directors of Isaac Properties Limited, as a body, in accordance with the terms of our engagement letter dated 01 April 2023.

Our work has been undertaken solely to prepare for your approval the accounts of Isaac Properties Limited and state those matters that we have agreed to state to the Board of Directors of Isaac Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Isaac Properties Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Isaac Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Isaac Properties Limited.

You consider that Isaac Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Isaac Properties Limited .

For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for the period ended
31 March 2026

....................................................
aa Chartered Accountants
6 Blenheim Court
Peppercorn Close
Peterborough,
Cambs
PE1 2DU
31 July 2026

1

Isaac Properties Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	2,169,234	2,106,053
		2,169,234	2,106,053
Current assets
Debtors		530,041	568,882
Cash at bank and in hand		18,611	8,246
		548,652	577,128
Creditors: amount falling due within one year		(535,987)	(589,282)
Net current assets		12,665	(12,154)

Total assets less current liabilities		2,181,899	2,093,899
Creditors: amount falling due after more than one year		(1,205,549)	(1,218,640)
Provisions for liabilities		(39,069)	(26,844)
Net assets		937,281	848,415

Capital and reserves
Called up share capital	4	759,041	759,041
Revaluation Reserves		197,786	95,650
Profit and loss account		(19,546)	(6,276)
Shareholders' funds		937,281	848,415

For the year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 31 July 2026 and were signed by:

-------------------------------
Abdul Aziz
Director

2

Isaac Properties Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Isaac Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 11638742, registration address 6 Blenheim Court, Peppercorn Close, Peterborough, Cambridgeshire, PE1 2DU.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees including directors Average number of employees during the period was 1 (2025 : 1).

3.

Tangible fixed assets

Cost or valuation	Investment properties	Fixtures and Fittings	Total
	£	£	£
At 01 April 2025	2,106,053	-	2,106,053
Additions	-	-	-
Disposals	-	-	-
Revaluations	63,182	-	63,182
At 31 March 2026	2,169,235	-	2,169,235
Depreciation
At 01 April 2025	-	-	-
Charge for year	-	1	1
On disposals	-	-	-
At 31 March 2026	-	1	1
Net book values
Closing balance as at 31 March 2026	2,169,235	(1)	2,169,234
Opening balance as at 01 April 2025	2,106,053	-	2,106,053

4.

Share Capital

Authorised
100 Class A shares of £1.00 each

Allotted, called up and fully paid	2026 £		2025 £
100 Class A shares of £1.00 each	100		100
	100		100

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