REGISTERED NUMBER: 01692785 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

BANNER PROPERTY SERVICES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs J Z O Tack

REGISTERED OFFICE:

869 High Road

London

N12 8QA

REGISTERED NUMBER:

01692785 (England and Wales)

ACCOUNTANTS:

EA

Chartered Accountants

869 High Road

London

N12 8QA

FIXED ASSETS

Tangible assets

4

-

55,693

CURRENT ASSETS

Stocks

2,434

1,900

Debtors

5

11,854

65,469

Cash at bank

32,352

46,767

46,640

114,136

CREDITORS

Amounts falling due within one year

6

32,948

118,768

NET CURRENT ASSETS/(LIABILITIES)

13,692

(4,632

)

TOTAL ASSETS LESS CURRENT LIABILITIES

13,692

51,061

CREDITORS

Amounts falling due after more than one year

7

-

12,233

NET ASSETS

13,692

38,828

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

13,592

38,728

13,692

38,828

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 5 November 2025 and were signed on its behalf by:

Mrs J Z O Tack - Director

1.	STATUTORY INFORMATION

Banner Property 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 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 annual rates in order to write off each asset over it's estimated useful life.

Long Leasehold relates to improvements carried at cost with no depreciation provided.

The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in The Financial Reporting Standard 102 (Section 1A) for small entities. The director considers that to depreciate it would not give a true and fair view and that it is necessary to adopt The Financial Reporting Standard 102 (Section 1A) for Smaller Entities in order to give a true and fair view. If this departure from the Act had not been made, the profit for the financial year would have been reduced by the amount of depreciation.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 July 2024

30,234

35,845

16,634

Disposals

(30,234

)

(35,845

)

-

At 30 June 2025

-

-

16,634

DEPRECIATION

At 1 July 2024

-

14,679

16,634

Charge for year

-

10,935

-

Eliminated on disposal

-

(25,614

)

-

At 30 June 2025

-

-

16,634

NET BOOK VALUE

At 30 June 2025

-

-

-

At 30 June 2024

30,234

21,166

-

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 July 2024

11,144

33,258

127,115

Disposals

-

-

(66,079

)

At 30 June 2025

11,144

33,258

61,036

DEPRECIATION

At 1 July 2024

10,145

29,964

71,422

Charge for year

999

3,294

15,228

Eliminated on disposal

-

-

(25,614

)

At 30 June 2025

11,144

33,258

61,036

NET BOOK VALUE

At 30 June 2025

-

-

-

At 30 June 2024

999

3,294

55,693

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

182

55,512

Other debtors

11,672

9,957

11,854

65,469

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

30,600

Trade creditors

19,318

34,128

Taxation and social security

10,158

46,027

Other creditors

3,472

8,013

32,948

118,768

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

12,233

8.	RELATED PARTY DISCLOSURES

Included in creditors, amounts falling due within one year is an amount of £2,659 (2024: £3,161) owed to the former director Mr O B Quarrell. The loan is interest free.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs J Z O Tack.