REGISTERED NUMBER: 06936457 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2025

FOR

POVEY (PROPERTIES) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Povey

Mrs M J Povey

S C Povey

Mrs L Collins

Mrs C Hamilton

SECRETARY:

Mrs M J Povey

REGISTERED OFFICE:

East Shefford House

Great Shefford

Hungerford

Berkshire

RG17 7EF

REGISTERED NUMBER:

06936457 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

6,829,678

10,748,187

6,829,678

10,748,187

CURRENT ASSETS

Debtors

6

364,647

72,409

Cash at bank

5,051,410

736,742

5,416,057

809,151

CREDITORS

Amounts falling due within one year

7

476,345

909,453

NET CURRENT ASSETS/(LIABILITIES)

4,939,712

(100,302

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,769,390

10,647,885

CAPITAL AND RESERVES

Called up share capital

5,200,000

5,200,000

Retained earnings

6,569,390

5,447,885

SHAREHOLDERS' FUNDS

11,769,390

10,647,885

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31st October 2025 and were signed on its behalf by:

C Povey - Director

1.	STATUTORY INFORMATION

Povey (Properties) 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc

-

33% on cost

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 Statement of Income and Retained Earnings, 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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st July 2024

and 30th June 2025

1,300

DEPRECIATION

At 1st July 2024

and 30th June 2025

1,300

NET BOOK VALUE

At 30th June 2025

-

At 30th June 2024

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st July 2024

10,748,187

Disposals

(3,918,509

)

At 30th June 2025

6,829,678

NET BOOK VALUE

At 30th June 2025

6,829,678

At 30th June 2024

10,748,187

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

34,848

65,131

Other debtors

30,599

7,278

65,447

72,409

Amounts falling due after more than one year:

Trade debtors

299,200

-

Aggregate amounts

364,647

72,409

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

26,529

162

Taxation and social security

197,393

220,052

Other creditors

252,423

689,239

476,345

909,453

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

9.	ULTIMATE PARENT COMPANY

The ultimate parent company is B S Povey 2 Limited, a company registered in England and Wales.

10.	RELATED PARTY DISCLOSURES

Included within other creditors is a loan from the directors of £109,000 (2024: £470,050).