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REGISTERED NUMBER: 14236659 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2025

for

ISM Property Management Limited

ISM Property Management Limited (Registered number: 14236659)






Contents of the Financial Statements
for the Year Ended 31 July 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ISM Property Management Limited

Company Information
for the Year Ended 31 July 2025







DIRECTORS: I J Moss
Mrs S L Moss





REGISTERED OFFICE: 555 Smithdown Road
Liverpool
Merseyside
L15 5AF





REGISTERED NUMBER: 14236659 (England and Wales)





ACCOUNTANTS: Corbett & Co Accountants Ltd
Chartered Certified Accountants
555 Smithdown Road
Liverpool
Merseyside
L15 5AF

ISM Property Management Limited (Registered number: 14236659)

Balance Sheet
31 July 2025

31.7.25 31.7.24
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 451,491 291,194

CURRENT ASSETS
Cash at bank and in hand 7,628 33,632

CREDITORS
Amounts falling due within one year 5 109,943 110,675
NET CURRENT LIABILITIES (102,315 ) (77,043 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

349,176

214,151

CREDITORS
Amounts falling due after more than one
year

6

(289,155

)

(212,963

)

PROVISIONS FOR LIABILITIES (85,783 ) -
NET (LIABILITIES)/ASSETS (25,762 ) 1,188

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (25,862 ) 1,088
(25,762 ) 1,188

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2025 and were signed on its behalf by:





I J Moss - Director


ISM Property Management Limited (Registered number: 14236659)

Notes to the Financial Statements
for the Year Ended 31 July 2025

1. STATUTORY INFORMATION

ISM Property Management 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2024 291,194
Additions 104,491
Revaluations 55,806
At 31 July 2025 451,491
NET BOOK VALUE
At 31 July 2025 451,491
At 31 July 2024 291,194

ISM Property Management Limited (Registered number: 14236659)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2025

4. INVESTMENT PROPERTY - continued

Fair value at 31 July 2025 is represented by:
£   
Valuation in 2025 55,806
Cost 395,685
451,491

If the properties had not been revalued they would have been included at the following historical cost:

31.7.25 31.7.24
£    £   
Cost 395,685 291,194

All properties were valued on an open market basis on 31 July 2025 by the directors .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.25 31.7.24
£    £   
Taxation and social security 710 255
Other creditors 109,233 110,420
109,943 110,675

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.25 31.7.24
£    £   
Bank loans 289,155 212,963