| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 30 June 2025 |
| for |
| Plus Property Limited |
| REGISTERED NUMBER: |
| Financial Statements |
| for the Year Ended 30 June 2025 |
| for |
| Plus Property Limited |
| Plus Property Limited (Registered number: 02385944) |
| Contents of the Financial Statements |
| for the Year Ended 30 June 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Plus Property Limited |
| Company Information |
| for the Year Ended 30 June 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| The Mills |
| Canal Street |
| Derby |
| DE1 2RJ |
| Plus Property Limited (Registered number: 02385944) |
| Balance Sheet |
| 30 June 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Investments | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Fair value reserve | 9 |
| Retained earnings | 9 |
| SHAREHOLDERS' FUNDS |
| 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. |
| Plus Property Limited (Registered number: 02385944) |
| Balance Sheet - continued |
| 30 June 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| Plus Property Limited (Registered number: 02385944) |
| Notes to the Financial Statements |
| for the Year Ended 30 June 2025 |
| 1. | STATUTORY INFORMATION |
| Plus Property Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents property rentals receivable excluding value added tax. Turnover is recognised when rentals are due in accordance with lease terms. |
| Tangible fixed assets |
| Motor vehicles | - |
| Computer equipment | - |
| Investment property |
| Investment property is not depreciated but is revalued annually at its fair value, in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss and is transferred to a fair value reserve. |
| Deferred tax |
| Deferred taxation is recognised in respect of all material timing differences, including provisions made for potential tax arising on assets which have been revalued. |
| Current asset investments |
| Current asset investments are measured at fair value at the balance sheet date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss and subsequently transferred to a fair value reserve. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Plus Property Limited (Registered number: 02385944) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Motor | Computer |
| vehicles | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 July 2024 |
| Additions |
| At 30 June 2025 |
| DEPRECIATION |
| At 1 July 2024 |
| Charge for year |
| At 30 June 2025 |
| NET BOOK VALUE |
| At 30 June 2025 |
| At 30 June 2024 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 July 2024 |
| Additions |
| At 30 June 2025 |
| NET BOOK VALUE |
| At 30 June 2025 |
| At 30 June 2024 |
| Fair value at 30 June 2025 is represented by: |
| £ |
| Valuation in 2025 | 3,525,405 |
| If investment property had not been revalued it would have been included at the following historical cost: |
| 2025 | 2024 |
| £ | £ |
| Cost | 3,421,563 | 2,356,507 |
| Aggregate depreciation | (749,071 | ) | (680,640 | ) |
| Investment property was valued on a fair value basis on 30 June 2025 by the directors . |
| Plus Property Limited (Registered number: 02385944) |
| Notes to the Financial Statements - continued |
| for the Year Ended 30 June 2025 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Prepayments |
| 7. | CURRENT ASSET INVESTMENTS |
| 2025 | 2024 |
| £ | £ |
| Listed investments | - | 352,000 |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Corporation tax |
| Social security and other taxes |
| Accruals and deferred income | 79,896 | 59,224 |
| Directors' current accounts | 850,606 | 382,329 |
| 9. | RESERVES |
| Fair |
| Retained | value |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 July 2024 | 2,326,420 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| Fair value adjustment | - | (92,000 | ) | (92,000 | ) |
| Deferred tax adjustment | - | 23,000 | 23,000 |
| At 30 June 2025 | 2,458,390 |