REGISTERED NUMBER: 05410540 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

PROPERTY HOLDINGS & RENTAL SERVICES

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs L Roberts

Mr M J Roberts

SECRETARY:

Mrs L Roberts

REGISTERED OFFICE:

76 Chester Road

Shireoak

Walsall

West Midlands

WS8 6DU

REGISTERED NUMBER:

05410540 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

Black Country House

Rounds Green Road

Oldbury

West Midlands

B69 2DG

FIXED ASSETS

Tangible assets

4

2,196

2,932

Investments

5

200

200

Investment property

6

3,299,981

3,125,000

3,302,377

3,128,132

CURRENT ASSETS

Debtors

7

64,142

263

Cash at bank

58,859

447,409

123,001

447,672

CREDITORS

Amounts falling due within one year

8

885,010

771,797

NET CURRENT LIABILITIES

(762,009

)

(324,125

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,540,368

2,804,007

PROVISIONS FOR LIABILITIES

193,790

212,063

NET ASSETS

2,346,578

2,591,944

CAPITAL AND RESERVES

Called up share capital

300

300

Other reserves

735,917

735,917

Retained earnings

1,610,361

1,855,727

SHAREHOLDERS' FUNDS

2,346,578

2,591,944

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 18 September 2025 and were signed on its behalf by:

Mrs L Roberts - Director

1.	STATUTORY INFORMATION

Property Holdings & Rental Services 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.

Turnover

Turnover comprises revenue recognised by the company in respect of rent received during the year, exclusive of Value Added Tax and trade discounts.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

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.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors

Debtors

Short Term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at the transaction price.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

Cost

At 1 May 2024

and 30 April 2025

106,803

Depreciation

At 1 May 2024

103,871

Charge for year

736

At 30 April 2025

104,607

Net book value

At 30 April 2025

2,196

At 30 April 2024

2,932

5.	FIXED ASSET INVESTMENTS

Other

investments

£

Cost

At 1 May 2024

and 30 April 2025

200

Net book value

At 30 April 2025

200

At 30 April 2024

200

6.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 May 2024

3,125,000

Additions

174,981

At 30 April 2025

3,299,981

Net book value

At 30 April 2025

3,299,981

At 30 April 2024

3,125,000

The 2025 valuations were made by the directors, on an open market value for existing use basis. The original costs of the investment properties were £2,351,749

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

63,343

-

Prepayments and accrued income

799

263

64,142

263

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

310

7,873

Amounts owed to participating interests

702,777

683,512

Taxation and social security

25,419

76,213

Other creditors

156,504

4,199

885,010

771,797

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year loans totalling £114,102 were advanced to Directors. The maximum amount outstanding from a Director during the year was £57,071. All amounts were repaid before the year end and no interest was charged on these loans.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors, who have an equal shareholding.