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Registration number: 12813966

Pulse Property Investments Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 December 2025

Pulse Property Investments Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 9

Pulse Property Investments Limited

Company Information

Directors | Mr Matthew Ashley Jacobs Mr Patrick Charles Barton

Registered office | 2/4 Ash Lane Rustington West Sussex BN16 3BZ

Accountants | Lucraft Hodgson & Dawes LLP 2/4 Ash Lane Rustington West Sussex BN16 3BZ

Pulse Property Investments Limited

(Registration number: 12813966)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 2,150,000 | 2,150,000
Current assets |  |  |
Debtors |  | 22,127 | 5,269
Cash at bank and in hand |  | 15,743 | 6,826
|  | 37,870 | 12,095
Creditors: Amounts falling due within one year | 5 | (542,856) | (761,193)
Net current liabilities |  | (504,986) | (749,098)
Total assets less current liabilities |  | 1,645,014 | 1,400,902
Creditors: Amounts falling due after more than one year | 5 | (768,425) | (569,023)
Provisions for liabilities |  | (200,844) | (200,844)
Net assets |  | 675,745 | 631,035
Capital and reserves |  |  |
Called up share capital | 6 | 100 | 100
Profit and loss account |  | 675,645 | 630,935
Shareholders' funds |  | 675,745 | 631,035

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

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Pulse Property Investments Limited

(Registration number: 12813966)
Balance Sheet as at 31 December 2025

Approved and authorised by the Board on 17 January 2026 and signed on its behalf by:

......................................... Mr Patrick Charles Barton Director

Pulse Property Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2/4 Ash Lane
Rustington
West Sussex
BN16 3BZ
United Kingdom

These financial statements were authorised for issue by the Board on 17 January 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are presented in Sterling, which is also the company's functional currency. The financial statements are rounded to the nearest £1.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Pulse Property Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

2 | Accounting policies (continued)

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Pulse Property Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

2 | Accounting policies (continued)

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Pulse Property Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4 | Investment properties

| 2025 £
At 1 January | 2,150,000
At 31 December | 2,150,000

The investment property has been revalued by a local estate agent.

5 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 19,490 | 271,734
Taxation and social security |  | 11,047 | -
Accruals and deferred income |  | 3,133 | 6,893
Other creditors |  | 509,186 | 482,566
|  | 542,856 | 761,193

Included within creditors due within one year are intercompany loans totalling £509,186 (2024: £482,566), advanced by associated companies. Although these loans are repayable on demand and therefore classified as current liabilities, it is the directors’ intention that repayment will only be sought if and when the company’s cash flow permits.

Pulse Property Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

5 | Creditors (continued)

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 768,425 | 569,023
|  | 768,425 | 569,023

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
No.
£
No.
£
Ordinary shares of £1 each | 100 | 100 | 100 | 100

Pulse Property Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7 | Loans and borrowings

| 2025 £ | 2024 £
Non-current loans and borrowings
Bank borrowings | 768,425 | 569,023
| 768,425 | 569,023

| 2025 £ | 2024 £
Current loans and borrowings
Bank borrowings | 19,190 | 251,434
Other borrowings | 300 | 20,300
| 19,490 | 271,734