Sebright Property Management Limited

Notes

1. General Information

Sebright Property Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08390052 . The registered office is Odeon House, 146 College Road, Harrow, HA1 1BH.

Basis of Preparation

During the current financial year, the company has changed its accounting framework from FRS 102 (The Financial Reporting Standard applicable in the UK and Republic of Ireland) to FRS 105 (The Financial Reporting Standard applicable to the Micro-Entities Regime).

Reason for the Change

The company qualifies as a micro-entity under the Companies Act 2006 and has opted to adopt FRS 105 to benefit from the simplified reporting requirements. This change provides a more appropriate and cost-effective financial reporting framework while remaining compliant with applicable regulations.

Impact of the Change

FRS 105 has simplified the company’s financial reporting, including:

• Reduced disclosure requirements.

• No requirement to present a statement of changes in equity.

• Simplified accounting policies where applicable.

The change in accounting framework has had no impact on the recognition or measurement of balances in the financial statements.

The financial statements have been prepared in compliance with FRS 105 for the first time in this reporting period.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 10 (2024: 7)

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Sebright Property Management Limited

Balance Sheet (continued)

As At 28 February 2025

3. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 29 February 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 28 February 2025
	£	£	£	£	£
Mr Benn Thompson	80,000	-	-	-	80,000

The above loan is unsecured, interest free and repayable on demand.

For the year ending 28 February 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr Benn Thompson

Director

10/10/2025

	2025	2024
	£	£
Fixed assets	5,019	6,648

Current assets	160,963	143,364
Creditors: Amounts Falling Due Within One Year	(118,890 )	(118,441 )

NET CURRENT ASSETS	42,073	24,923

TOTAL ASSETS LESS CURRENT LIABILITIES	47,092	31,571

Creditors: Amounts Falling Due After More Than One Year	(25,690 )	(30,335 )
Accruals and deferred income	(1,000 )	(1,000 )

NET ASSETS	20,402	236

CAPITAL AND RESERVES	20,402	236