REGISTERED NUMBER: 10138552 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Fallowfield Property Management Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

J R Vanstone

REGISTERED OFFICE:

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

REGISTERED NUMBER:

10138552 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

FIXED ASSETS

Investments

5

453,470

455,644

CURRENT ASSETS

Debtors

6

75,000

100,000

Cash at bank

7

40,320

34,964

115,320

134,964

CREDITORS

Amounts falling due within one year

8

(4,258

)

(3,108

)

NET CURRENT ASSETS

111,062

131,856

TOTAL ASSETS LESS CURRENT LIABILITIES

564,532

587,500

CREDITORS

Amounts falling due after more than one year

9

(485,000

)

(510,000

)

PROVISIONS FOR LIABILITIES

-

(4,394

)

NET ASSETS

79,532

73,106

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

-

23,848

Retained earnings

79,432

49,158

SHAREHOLDERS' FUNDS

79,532

73,106

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 4 December 2025 and were signed by:

J R Vanstone - Director

1.	STATUTORY INFORMATION

Fallowfield Property Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.

Fixed asset investments

Listed investments

Listed investments are stated at fair value. The fair value of the listed investments quoted on a recognised stock exchange is the quoted bid price. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Listed investments are equity investments over which the company has no significant influence, joint control or control and are initially measured at transaction price. Transaction price includes transaction costs except where listed investments are measured at fair value through profit or loss when transaction costs are expensed to profit or loss as incurred.

Loan investments

Loan investments are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market and that the company does not intend to sell immediately or in the near term.

Loans are initially recognised at fair value which is the cash consideration to originate the loan including any transaction costs. Loans are reported in the statement of financial position as loan investments. Interest on loans is included in the income statement and is reported as "interest receivable".

4.	EMPLOYEES AND DIRECTORS

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

5.	FIXED ASSET INVESTMENTS

Listed

investments

£

Cost or valuation

At 1 April 2024

455,644

Additions

486,581

Disposals

(487,868

)

Revaluations

(887

)

At 31 March 2025

453,470

Net book value

At 31 March 2025

453,470

At 31 March 2024

455,644

6.

DEBTORS

31/3/25

31/3/24

£

£

Amounts falling due within one year:

Other debtors

25,000

50,000

Amounts falling due after more than one year:

Other debtors

50,000

50,000

Aggregate amounts

75,000

100,000

Other debtors represents two loans. One loan of £50,000 and another of £25,000 each made to an unconnected party on which interest is payable monthly at a rate of 7.5%. The £50,000 loan is repayable in full in June 2026 and the £25,000 is repayable within 12 months.

7.	CASH AT BANK

31/3/25

31/3/24

£

£

Bank current account

10,269

8,475

Bank deposit account

20,706

20,165

Dealing and deposit account

8,711

5,659

Income account

634

665

40,320

34,964

Included in the company's cash at bank is £9,345 (2024: £6,324) of funds lodged with financial institutions as funds for further investment purchase and which are not otherwise freely available to use.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Taxation and social security

414

-

Other creditors

3,844

3,108

4,258

3,108

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Other creditors

485,000

510,000

Other creditors represents a long term loan from the director. Interest is not payable on the loan.