Thaw Property Management Limited Filleted accounts for Companies House (small and micro)

STATEMENT OF CONSENT TO PREPARE ABRIDGED FINANCIAL STATEMENTS

All of the members of Thaw Property Management Limited have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

COMPANY REGISTRATION NUMBER: 03171271

THAW PROPERTY MANAGEMENT LIMITED

FILLETED UNAUDITED ABRIDGED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 April 2025

THAW PROPERTY MANAGEMENT LIMITED

REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ABRIDGED FINANCIAL STATEMENTS OF THAW PROPERTY MANAGEMENT LIMITED

YEAR ENDED 30 APRIL 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of Thaw Property Management Limited for the year ended 30 April 2025, which comprise the abridged statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

LANGARD LIFFORD HALL LIMITED Accountants and Registered Auditors

Lifford Hall Lifford Lane Kings Norton Birmingham B30 3JN

16 September 2025

THAW PROPERTY MANAGEMENT LIMITED

ABRIDGED STATEMENT OF FINANCIAL POSITION

30 April 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	4	1,206,562	1,247,812
Investments	5	4,694,175	4,694,175
		--------------	--------------
		5,900,737	5,941,987

Current assets

Debtors	2,784,967		2,784,966

Creditors: amounts falling due within one year	1,703,053		1,779,489
	--------------		--------------
Net current assets		1,081,914		1,005,477
		--------------		--------------
Total assets less current liabilities		6,982,651		6,947,464

Provisions	–	( 164)
	--------------	--------------
Net assets	6,982,651	6,947,628
	--------------	--------------

Capital and reserves

Called up share capital	56,000	56,000
Share premium account	67,646	67,646
Other reserves	1,808,000	1,808,000
Profit and loss account	5,051,005	5,015,982
	--------------	--------------
Shareholders funds	6,982,651	6,947,628
	--------------	--------------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

THAW PROPERTY MANAGEMENT LIMITED

ABRIDGED STATEMENT OF FINANCIAL POSITION (continued)

30 April 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 16 September 2025 , and are signed on behalf of the board by:

B G Moor
Director

Company registration number: 03171271

THAW PROPERTY MANAGEMENT LIMITED

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS

YEAR ENDED 30 APRIL 2025

1. General Information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1A Charlotte Road, Stirchley, Birmingham, B30 2BT.

2. Statement of Compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated abridged financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Freehold property	-	2% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. Tangible Assets

	£
Cost
At 1 May 2024 and 30 April 2025	1,454,062
	--------------
Depreciation
At 1 May 2024	206,250
Charge for the year	41,250
	--------------
At 30 April 2025	247,500
	--------------
Carrying amount
At 30 April 2025	1,206,562
	--------------
At 30 April 2024	1,247,812
	--------------

5. Investments

	£
Cost
At 1 May 2024 and 30 April 2025	4,694,175
	--------------
Impairment
At 1 May 2024 and 30 April 2025	–
	--------------
Carrying amount
At 30 April 2025	4,694,175
	--------------
At 30 April 2024	4,694,175
	--------------

6. Contingent Liabilities

There is an unlimited guarantee in place between The Cameron-Price Group Limited, The Thaw Group Limited, Thaw Property Management Limited, Cameron-Price Holdings Limited, Cameron-Price Limited and Thaw Project Management Limited in respect of bank loans, overdrafts and other loans.

7. Related Party Transactions

No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 section 33.9.

8. Controlling Party

The company's immediate parent company at the balance sheet date was The Thaw Group Limited , a company registered in England and Wales whose registered address is 1A Charlotte Road, Stirchley, Birmingham, B30 2BT. The company's ultimate parent company at the balance sheet date was The Cameron-Price Group Limited , a company also registered in England and Wales whose registered address is 1A Charlotte Road, Stirchley, Birmingham, B30 2BT. The ultimate controlling party are the shareholders of The Cameron-Price Group Limited.