Company Registration No. 00584432 (England and Wales)
PAGE'S (PROPERTIES & BUSINESSES) LIMITED
ANNUAL REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
PAGES FOR FILING WITH REGISTRAR
PAGE'S (PROPERTIES & BUSINESSES) LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
PAGE'S (PROPERTIES & BUSINESSES) LIMITED
BALANCE SHEET
AS AT
31 MAY 2025
31 May 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
3,332
70,533
Investment property
5
400,000
-
0
403,332
70,533
Current assets
Debtors
6
738
832
Investments
7
154,988
272,944
Cash at bank and in hand
96,042
34,796
251,768
308,572
Creditors: amounts falling due within one year
8
(33,161)
(32,813)
Net current assets
218,607
275,759
Total assets less current liabilities
621,939
346,292
Provisions for liabilities
(100,833)
(17,633)
Net assets
521,106
328,659
Capital and reserves
Called up share capital
100
100
Share premium account
2,896
2,896
Profit and loss reserves
518,110
325,663
Total equity
521,106
328,659
PAGE'S (PROPERTIES & BUSINESSES) LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MAY 2025
31 May 2025
- 2 -

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

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 14 January 2026 and are signed on its behalf by:
J S D Page
Director
Company registration number 00584432 (England and Wales)
PAGE'S (PROPERTIES & BUSINESSES) LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MAY 2025
31 May 2025
- 3 -
1
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

2
Accounting policies
Company information

Page's (Properties & Businesses) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Yew Tree Cottage, Edge View Lane, Alderley Edge, Cheshire, United Kingdom, SK9 7SU.

2.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

2.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, being investment properties and is shown net of VAT and other sales related taxes.

2.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Freehold
Nil on investment properties.
Fixtures, fittings & equipment
15% pa reducing balance.
Computer equipment
33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

PAGE'S (PROPERTIES & BUSINESSES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2025
2
Accounting policies
(Continued)
- 4 -
2.4
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

2.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

2.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was: 3

2025
2024
Number
Number
Total
3
3
PAGE'S (PROPERTIES & BUSINESSES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 5 -
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 June 2024 and 31 May 2025
66,500
13,553
80,053
Transfer to investment property
(66,500)
-
0
(66,500)
Depreciation and impairment
At 1 June 2024
-
0
9,520
9,520
Depreciation charged in the year
-
0
701
701
At 31 May 2025
-
0
10,221
10,221
Carrying amount
At 31 May 2025
-
0
3,332
3,332
At 31 May 2024
66,500
4,033
70,533
5
Investment property
2025
£
Fair value
At 1 June 2024
-
0
Transfers
66,500
Revaluations
333,500
At 31 May 2025
400,000

The fair value of the investment property has been arrived at on the basis of a revaluation carried out by the directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
738
832
7
Current asset investments
2025
2024
£
£
Other investments
154,988
272,944
PAGE'S (PROPERTIES & BUSINESSES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MAY 2025
- 6 -
8
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
135
123
Other creditors
33,026
32,690
33,161
32,813
9
Reserves

Included in the profit and loss account reserve of £518,110 are non-distributable reserves of £250,125 relating to previous revaluations of investment property less deferred tax.

2025-05-31 2024-06-01 false false false 14 January 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity B D Page J Macmillan J S D Page B Dougherty Page 00584432 2024-06-01 2025-05-31 00584432 2025-05-31 00584432 2024-05-31 00584432 core:LandBuildings 2025-05-31 00584432 core:OtherPropertyPlantEquipment 2025-05-31 00584432 core:LandBuildings 2024-05-31 00584432 core:OtherPropertyPlantEquipment 2024-05-31 00584432 core:WithinOneYear 2025-05-31 00584432 core:WithinOneYear 2024-05-31 00584432 core:CurrentFinancialInstruments 2025-05-31 00584432 core:CurrentFinancialInstruments 2024-05-31 00584432 core:ShareCapital 2025-05-31 00584432 core:ShareCapital 2024-05-31 00584432 core:SharePremium 2025-05-31 00584432 core:SharePremium 2024-05-31 00584432 core:RetainedEarningsAccumulatedLosses 2025-05-31 00584432 core:RetainedEarningsAccumulatedLosses 2024-05-31 00584432 bus:Director2 2024-06-01 2025-05-31 00584432 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-01 2025-05-31 00584432 core:FurnitureFittings 2024-06-01 2025-05-31 00584432 core:ComputerEquipment 2024-06-01 2025-05-31 00584432 2023-06-01 2024-05-31 00584432 core:LandBuildings 2024-05-31 00584432 core:OtherPropertyPlantEquipment 2024-05-31 00584432 2024-05-31 00584432 core:LandBuildings 2024-06-01 2025-05-31 00584432 core:OtherPropertyPlantEquipment 2024-06-01 2025-05-31 00584432 core:CurrentFinancialInstruments core:WithinOneYear 2025-05-31 00584432 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 00584432 bus:PrivateLimitedCompanyLtd 2024-06-01 2025-05-31 00584432 bus:FRS102 2024-06-01 2025-05-31 00584432 bus:AuditExemptWithAccountantsReport 2024-06-01 2025-05-31 00584432 bus:Director1 2024-06-01 2025-05-31 00584432 bus:Director3 2024-06-01 2025-05-31 00584432 bus:CompanySecretary1 2024-06-01 2025-05-31 00584432 bus:SmallCompaniesRegimeForAccounts 2024-06-01 2025-05-31 00584432 bus:FullAccounts 2024-06-01 2025-05-31 xbrli:pure xbrli:shares iso4217:GBP