REGISTERED NUMBER: 06767305 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

PROPERTY SHOP (NW) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Chippendale

J P Allen

REGISTERED OFFICE:

Abacus House

450 Warrington Road

Culcheth

Warrington

Cheshire

WA3 5QX

REGISTERED NUMBER:

06767305 (England and Wales)

ACCOUNTANTS:

Hunter Healey Limited

Abacus House

450 Warrington Road

Culcheth

Warrington

Cheshire

WA3 5QX

FIXED ASSETS

Tangible assets

4

90,196

82,005

CURRENT ASSETS

Stocks

1,000

1,000

Debtors

5

202,533

167,940

Cash at bank and in hand

98,854

64,123

302,387

233,063

CREDITORS

Amounts falling due within one year

6

391,325

312,500

NET CURRENT LIABILITIES

(88,938

)

(79,437

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,258

2,568

CREDITORS

Amounts falling due after more than one year

7

-

2,039

NET ASSETS

1,258

529

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

958

229

SHAREHOLDERS' FUNDS

1,258

529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 20th October 2025 and were signed on its behalf by:

S Chippendale - Director

1.	STATUTORY INFORMATION

Property Shop (Nw) 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.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

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

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 30 (2024 - 22 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st April 2024

76,020

30,789

5,500

17,867

130,176

Additions

-

4,622

-

10,355

14,977

At 31st March 2025

76,020

35,411

5,500

28,222

145,153

DEPRECIATION

At 1st April 2024

-

29,517

2,406

16,248

48,171

Charge for year

-

1,579

774

4,433

6,786

At 31st March 2025

-

31,096

3,180

20,681

54,957

NET BOOK VALUE

At 31st March 2025

76,020

4,315

2,320

7,541

90,196

At 31st March 2024

76,020

1,272

3,094

1,619

82,005

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,092

760

Other debtors

195,441

167,180

202,533

167,940

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,854

22,222

Trade creditors

17,516

12,991

Taxation and social security

120,976

68,025

Other creditors

250,979

209,262

391,325

312,500

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

-

2,039