Perseverance Property Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 13356335

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		174,592		174,592

			174,592		174,592
CURRENT ASSETS
Debtors	5	350		165
Investments	6	6,949		-
Cash at bank and in hand		63,042		848

		70,341		1,013
Creditors: Amounts Falling Due Within One Year	7	(130,705 )		(132,941 )

NET CURRENT ASSETS (LIABILITIES)			(60,364 )		(131,928 )

TOTAL ASSETS LESS CURRENT LIABILITIES			114,228		42,664

Creditors: Amounts Falling Due After More Than One Year	8		(132,969 )		(61,762 )

NET LIABILITIES			(18,741 )		(19,098 )

CAPITAL AND RESERVES
Called up share capital	9		5		5
Profit and Loss Account			(18,746 )		(19,103 )

SHAREHOLDERS' FUNDS			(18,741)		(19,098)

Page 1

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Perseverance Property Ltd

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Ian Teasdale

Director

09/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Perseverance Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13356335 . The registered office is 82 Industrial Road, Sowerby Bridge, West Yorkshire, HX6 2RA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 3)

4. Investment Property

	2025
	£
Fair Value
As at 1 April 2024 and 31 March 2025	174,592

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	350	165

6. Current Asset Investments

	2025	2024
	£	£
Short term deposits	6,949	-

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	-	774
Bank loans and overdrafts	-	2,286
Accruals and deferred income	700	650
Directors' loan accounts	130,005	129,231

	130,705	132,941

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	132,969	61,762

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Perseverance Property Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	5	5