REGISTERED NUMBER: 07914454 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th June 2025

for

Express Estate Agency Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C S Brogan

M N Brogan

REGISTERED OFFICE:

St Georges House

Peter Street

Manchester

M2 3NQ

REGISTERED NUMBER:

07914454 (England and Wales)

ACCOUNTANTS:

OCG Accountants Ltd

Biz Hub Tees Valley

Belasis Hall Technology Park

Coxwold Way

Billingham

Co. Durham

TS23 4EA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

21,055

14,099

21,055

14,099

CURRENT ASSETS

Debtors

6

2,865,963

2,497,765

Investments

7

7,000

-

Cash at bank and in hand

1,116,833

638,328

3,989,796

3,136,093

CREDITORS

Amounts falling due within one year

8

(450,091

)

(421,992

)

NET CURRENT ASSETS

3,539,705

2,714,101

TOTAL ASSETS LESS CURRENT LIABILITIES

3,560,760

2,728,200

PROVISIONS FOR LIABILITIES

(3,994

)

(1,977

)

NET ASSETS

3,556,766

2,726,223

CAPITAL AND RESERVES

Called up share capital

106

106

Capital redemption reserve

6

6

Retained earnings

3,556,654

2,726,111

3,556,766

2,726,223

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4th December 2025 and were signed on its behalf by:

C S Brogan - Director

M N Brogan - Director

1.	STATUTORY INFORMATION

Express Estate Agency 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

-

15% on cost

Fixtures and fittings

-

15% on cost

Computer equipment

-

25% on cost

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 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.

HIRE PURCHASE AND LEASING COMMITMENTS

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 50 (2024 - 50 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st July 2024

and 30th June 2025

42,798

AMORTISATION

At 1st July 2024

and 30th June 2025

42,798

NET BOOK VALUE

At 30th June 2025

-

At 30th June 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1st July 2024

4,753

23,234

43,841

71,828

Additions

-

-

15,397

15,397

At 30th June 2025

4,753

23,234

59,238

87,225

DEPRECIATION

At 1st July 2024

4,469

19,978

33,282

57,729

Charge for year

284

1,996

6,161

8,441

At 30th June 2025

4,753

21,974

39,443

66,170

NET BOOK VALUE

At 30th June 2025

-

1,260

19,795

21,055

At 30th June 2024

284

3,256

10,559

14,099

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

344,879

355,396

Other debtors

2,432,433

2,042,578

Tax

19,000

34,720

Prepayments

69,651

65,071

2,865,963

2,497,765

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Other

7,000

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

141,631

113,208

Tax

88,844

80,481

Social security and other taxes

44,331

36,403

VAT

156,183

174,194

Other creditors

10,765

3,707

Credit card

5,881

6,243

Directors' current accounts

1,719

1,719

Accrued expenses

737

6,037

450,091

421,992