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.Annual Accounts/Report & Balance Sheet
Thanks to the new 2023 financial services law (here) as it applies to property-clubs, and mercifully the transition period for us to reach compliance: 31st January 2025, we are delighted to advise the passwords are coming OFF of our Unique Property Club pages starting on St Valentines Day, 14th February 2025 with this page for the accounts of ONE of the EIGHT companies within Unique Property Group.
For clarification as most sets of accounts have an Annual Report, the following perspective excerpt summarises what all the efforts of Unique Property Group seeks to achieve.
Crucially this represents our body of work so far (from 1997 to 2025)…
^^ Our Report To 2025 ^^
The Annual Accounts for ONE and the MAIN operating company that owns and project managed the Unique Property Club follows…
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Unique Property Bulletin Ltd
Owner of Unique Property Club
Here is the most recent financial summary of Unique Property Bulletin Ltd.,
Total Assets
£314,427.74
No Mortgages As It Is Company Policy To Ban All Mortgages
^^ Unique Property Bulletin Ltd., Excerpt ^^
Please Note: The American bank account was closed in October 2014 and funds repatriated to the UK before the end of 2014.
If/when further projects commence in America, Canada or Europe, this will be reflected in separate accounts and ringfenced limited companies (or equivalent) in either France, Italy, Switzerland etc.
America and Canada are on the Unique Property Bulletin/Club radar, but not until 2027 or earlier if the new UK-Halifax, Nova Scotia airline route re-starts.
^^ Unique Property Bulletin Ltd., Excerpt ^^
The full Annual Report & Accounts are available from the independent Companies House “live” website: Click Here and for filing history: Click Here.
Unique Property Bulletin Ltd., also project manages (but does not own) the other 11 buildings within the Unique Property Club network (as at 31-12-2024).
Full Disclosure: The total of Unique Property Club buildings, cash and assets under control of the directors of Unique Property Bulletin Ltd., but with each project having a different set of shareholders, is approximately…
£2,053,838.
Combined UPC Asset Buildings As At 31st December 2024.
Mortgages are banned on all Unique Property Club buildings.
All buildings are 100% owned by the membership.
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Unique Property Bulletin Ltd
Cash Balances Including Angels’ Share Reserves
The Annual Report & Accounts for Unique Property Bulletin Ltd., require the book-keeper to present numerous documents for audit. A crucial one, and in the interests of the new legislation (here) requirement for FULL DISCLOSURE is the accounting year end: “cash at bank” reconciliation statement. Here is a vital part of that documentary process for the year~end numbers. The directors of Unique Property Bulletin Ltd., warrant and guarantee this to be a true and accurate electronic version of the original document…
^^ Bank Statement Excerpt For Year End ^^
£60,694.19
^^ “Cash At Bank” ^^
^^ Provided As Part of The New Full Disclosure Protocol ^^
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Unique Property Bulletin Ltd
Mandated Company Rules
^^ Foundation Rules of Unique Property Club (UPC) ^^
^^ & UPC Owner Unique Property Bulletin Ltd ^^
It is important to repeat the earlier statement as these numbers form part of our legal obligation under the “Sophisticated Investor” protocol at a gold-standard of deployment and not just as a legal loophole. We must ensure that our new members can and do know the details of what, why, who, when and how Unique Property Club functions. That is our definition of becoming a legal “sophisticated investor.” This is the spirit of the law
To get to the fun part, we are required to be legal and for reasons beyond our control, and property-clubs fall within the scope of financial services legislation.
Unique Property Club
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^^ The Fun Part ^^
But we must get our legal part and:
Our financials require in proper order first!
Better to over-engineer our legal responsibilities, rather than (with all due respect) abuse a legal loophole and deploy legal minimum of our new members buying £10 shares in two random limited companies so the system is short-circuited into pushing folk into joining in a day.
We prefer a system that gives new members a month to a full year to consider about fully joining. That is why we have established the grace period that the new Convertible Bond Certificate process allows. A proper period of reflection and time to do due diligence for new members to decide whether they want to choose on their own terms whether to join Unique Property Club.
We believe this Convertible Bond Certificate (click here) process is much fairer and more secure. It is designed to be in the spirit of the law as well as the letter of the law for new members to have as long as they need. Even a year if so chosen, to “look at the books” and see what we do from the inside.
Then with decide whether to buy a slice of a unique building (the law requires us to follow the rules about our readers buying a share of buildings) and the financial services legislation has property-clubs as falling within the terms of the legislation. Hence we need to follow the “sophisticated investor” rules.
Please do not be too concerned about this as the way we have structured Unique Property Club, is the rules will become well understood a decent amount of time and in a manner that does not hurt the brain!
To ensure that all that our members achieve is well understood this is the Unique Property Club body of work and de facto credentials. All verifiable. Especially now the new law (here) means we can take the passwords off of our pages.
We Repeat This As It Is Important
Readers Understand This Is What
Has Been Achieved To Date
& We Aim To Continue
The next charity and not-for-profit equivalent will help to cure the Winter Fuel Allowance controversy and in a way that will not cost HM Treasury a penny.
We are non-political. It is just we have the answer and that can be seen by checking the charities that we have established (here) and also Google the acronym: FOTSQM for the TS Queen Mary charity, written, registered and created: here.
The experience and skillset our directors and trustees have gained from previous voluntary work can be seen by Googling the acronym COP-GS for our nascent Community Owned Power – Generator Station initiative.
So the past work from our group of 111 eccentric friends is important for perspective…
^^ These Are The Fruits of 28 Years Endeavour ^^
By 11 Volunteers & 111 Wonderful Shareholders.
This Is The The Cumulative Total From 1997 to 2024 ^^
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Who Owns
Unique Property Bulletin Ltd?
In Complince With Full Disclosure Rules: In 2016 the membership climbed back up to 111 active shareholders/owners across the 12 limited companies that run within the Unique Property Bulletin real-life buildings’ purchase, renovation and resale endeavour.
With respect to the specific Unique Property Bulletin Ltd., the ownership of this one (from 12) company is as registered in the Annual Return CS01 at Companies House…
Click Here
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How To Join Unique Property Club
It is actually fairly simple.
Under the new laws, our company legal advice is…
You are welcome buy a Convertible Bond Certificate for £500 or £1,000.
Then, in your own time, you can let one of the directors’ know whether you like what you see and what Unique Property Club does?
If “yes” then after a PROPER Sophisticated Investor/Business Angel journey of 14 days (minimum) to 365 days (automatic maximum) will follow. Not a “loophole” that is “gotten around”.
The managing director does NOT do “loopholes.” Earlier credentials (full disclosure protocol): click here, and decorated/commended, honourable discharge due to disability (here + normal here + crushed: here and prolapsed: here). Meaning end of a job he loved: here.
Hence we have stopped any possible abuse of “loopholes”. If in doubt, we were one of the 32 from whom a request to the Financial Conduct Authority and penultimately HM Treasury back between 2018 and 2022 to remedy the risks of the “Sophisticated Investor” loophole were made (click here and HM Treasury source: here).
So once a proper period of and at the new member’s choosing has passed, the Convertible Bond Certificate is either turned into a Share Certificate, or…
If you choose NOT to join, you do not need to do anything more. When it matures, 100% 0f your £500 will automatically be returned to you via your bank of origination, plus 7.5% interest added, totalling: £537.50.
^^ New Member’s Convertible Bond Certificate ^^
^^ Click On The Photo Above To Enlarge ^^
Once a new member has decided whether they wish to let their £500 mature OR to convert it into shares, all that is needed is for the bond holder to contact one of the Unique Property Club directors (click here) and instruct them to make the conversion.
=> At this point of “conversion” it is possible to increase a shareholding amount. But we recommend seeking independent advice first.
If you own a £1,000 Convertible Bond Certificate, then once it matures at 365 days (plus or minus 3 days), you will receive the full £1,000 plus £75 interest, totalling £1,075 with our compliments…
New members have a maximum available in each project up to a risk-spread across a total of five projects maximum (5 x £1,000 CBC bonds).
Total Maximum
5 of These In Different Projects
^^ New Member’s Convertible Bond Certificate ^^
^^ Click On The Photo Above To Enlarge ^^
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Curious About Joining Unique Property Club?
This next page is being readied for publication.
Please check back at 9pm on Thursday 6th February 2025
Click Here
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Tower Candidate For 2025 Unique Property Club Venture
Our Offer Will Be £19,000 Freehold
^^ Binnhill Tower: Lapsed Planning Consent ^^
^^ To Convert Into A Unique Home ^^
^^ Binnhill Tower: View From The Top of The Tower ^^
The current Owner Paid £13,500 in 2023: Click Here.
The owner was asking for £80,000 to sell: Here.
Archived: Here.
The current owner’s position? No sale. No wonder! The present owner upped their resale price from £13,500 to £80,000. We would suggest that is a bit ambitious. Especially when the current owner has not even bothered to renew the planning permission.
We were originally offered this tower in 2015 for £28,000 after a previous owner’s dad had died. We helped the lady find a buyer.
Our Unique Property Club process is to buy the buildings such as the tower featured above. Though at a more appropriate price. For example, the £13,500 the owner paid (here), plus, say £6,000 profit for the owner, which is reasonable. Either she will say “yes” or “no”. Our Unique Property Bulletin lists hundreds of these types of building a year so if the tower-owner says “no” we simply offer on the next candidate building until one says “yes.” There are dozens each month that we feature on our website. For example…
Church At £18,000 Freehold
^^ Just An Example of What £18,000 Can Buy ^^
This Is how £5 becomes £2,000,000.
From experience if/when we get the planning permission reinstated on the tower featured above, and market the building for sale on a dedicated place where folk looking to buy unusual property go in big numbers. Fact. Then a more reasoed scenarion of a £19,000 purchase plus £1,000 in legal and planning fees, will resell at £49,000 (or members get to buy UPC property at a 10% to 25% discount).
A key to resales being the website owned by the Unique Property Bulletin Ltd…
186,399 Views
& A Very Successful Sale
It is important to note that Unique Property Club operates all across the UK and beyond…
^^ Unique Property Club ^^
^^ Area of Operation ^^
Map Excerpt With Thanks To & Courtesy of Google Inc
This website will become fully open to members and open to non-members starting from 9pm Sunday 14th February 2025 when the PASSSWORDS start to be UNLOCKED (page by page as each passes compliance): Click Here (on or after 9pm on 14th Febraury 2025, thanks).
Before we navigate the new member Convertible Bond Certificate gentle month-to-a-full-year grace period of temporary membership (here), first and for legal compliance, the most important part of our covenant on being open in terms of the new legislation are, of course the accounts…
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To Return To The Front Page of
Unique Property Club
Click Here