Company No: 15060382 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2025		31.08.2024
		£		£
Current assets
Stocks	3	618,670		618,670
Debtors	4	0		252
Cash at bank and in hand		3,640		1,727
		622,310		620,649
Creditors: amounts falling due within one year	5	( 633,259)		( 627,606)
Net current liabilities		(10,949)		(6,957)
Total assets less current liabilities		(10,949)		(6,957)
Net liabilities		( 10,949)		( 6,957)
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		( 11,049 )		( 7,057 )
Total shareholder's deficit		( 10,949)		( 6,957)

For the financial period ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period 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 financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of 2ways Property Limited (registered number: 15060382) were approved and authorised for issue by the Director on 21 October 2025. They were signed on its behalf by:

Mr S Pettit Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

2ways Property Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £10,949. The Company is supported through loans from the Parent Company. The director has received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Parent Company will continue to support the Company. After making enquiries, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The company's accounting period has been shortened to the seven months ended 31 March 2025 and as such the comparative amounts presented in the financial statements are not directly comparable.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Work in Progress

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

2. Employees

	Period from 01.09.2024 to 31.03.2025		Period from 09.08.2023 to 31.08.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, including the director	0		0

3. Stocks

	31.03.2025		31.08.2024
	£		£
Work in progress	618,670		618,670

4. Debtors

	31.03.2025		31.08.2024
	£		£
Other debtors	0		252

5. Creditors: amounts falling due within one year

	31.03.2025		31.08.2024
	£		£
Other creditors	633,259		627,606

6. Called-up share capital

	31.03.2025		31.08.2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100