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REGISTERED NUMBER: 07962988 (England and Wales)

ENGLEWOOD COMMERCIAL LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

ENGLEWOOD COMMERCIAL LTD (REGISTERED NUMBER: 07962988)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

ENGLEWOOD COMMERCIAL LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 28 FEBRUARY 2025

| DIRECTOR: | P E Smith FRICS

| REGISTERED OFFICE: | 2 Brockworth Road

| Churchdown

| Gloucester

| Gloucestershire

| GL3 2NH

| REGISTERED NUMBER: | 07962988 (England and Wales)

| ACCOUNTANTS: | Philip Smart & Associates

| Accountants and Chartered Tax Advisers

| Lynchet House

| Nateby

| Kirkby Stephen

| Cumbria

| CA17 4JP

ENGLEWOOD COMMERCIAL LTD (REGISTERED NUMBER: 07962988)

BALANCE SHEET

28 FEBRUARY 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 700 |  | 694 |  |

700 |  | 694 |  |

CURRENT ASSETS

Debtors | 6 | 33,082 |  | 29,505 |  |

Cash at bank | 25,772 |  | 25,530 |  |

58,854 |  | 55,035 |  |

CREDITORS

Amounts falling due within one year | 7 | 53,306 |  | 55,563 |  |

NET CURRENT ASSETS/(LIABILITIES) | 5,548 |  | (528 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 6,248 |  | 166 |  |

PROVISIONS FOR LIABILITIES | 8 | 123 |  | 120 |  |

NET ASSETS | 6,125 |  | 46 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 10 |  | 10 |  |

Retained earnings | 6,115 |  | 36 |  |

SHAREHOLDERS' FUNDS | 6,125 |  | 46 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ENGLEWOOD COMMERCIAL LTD (REGISTERED NUMBER: 07962988)

BALANCE SHEET - continued

28 FEBRUARY 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 February 2026 and were signed by:

P E Smith FRICS - Director

ENGLEWOOD COMMERCIAL LTD (REGISTERED NUMBER: 07962988)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

1. | STATUTORY INFORMATION

| Englewood Commercial Ltd 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.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| 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. The financial statements have been prepared under the historical cost convention.

| Turnover and revenue recognition

| Turnover represents the revenue generated from the sale of services. Revenue is measured at the fair value of the consideration received and receivable excluding value added tax.

| Revenue from services is recognised when the services have been provided and the contractual right to the consideration has been earned. In the case of incomplete contracts; an assessment is made of the extent to which revenue has been earned and the amount determined is recognised within turnover.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2012, has been amortised evenly over its estimated useful life of five years.

| Tangible fixed assets

| Tangible fixed assets are stated at cost less accumulated depreciation and any accumulated impairment losses.

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Computer and office equipment - 25 per cent on reducing balance

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

| Leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

ENGLEWOOD COMMERCIAL LTD (REGISTERED NUMBER: 07962988)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 1 (2024 - 1 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 5,000 |  |

| AMORTISATION

| At 1 March 2024

| and 28 February 2025 | 5,000 |  |

| NET BOOK VALUE

| At 28 February 2025 | - |  |

| At 29 February 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Computer

| and

| office

| equipment

£ |

| COST

| At 1 March 2024 | 3,326 |  |

| Additions | 239 |  |

| At 28 February 2025 | 3,565 |  |

| DEPRECIATION

| At 1 March 2024 | 2,632 |  |

| Charge for year | 233 |  |

| At 28 February 2025 | 2,865 |  |

| NET BOOK VALUE

| At 28 February 2025 | 700 |  |

| At 29 February 2024 | 694 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 30,960 |  | 26,315 |  |

| Other debtors | - |  | 204 |  |

| Corporation tax | 225 |  | 329 |  |

| Prepayments and accrued income | 1,897 |  | 2,657 |  |

33,082 |  | 29,505 |  |

ENGLEWOOD COMMERCIAL LTD (REGISTERED NUMBER: 07962988)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 28 FEBRUARY 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Corporation tax | 1,657 |  | - |  |

| Directors' loan accounts | 48,689 |  | 52,320 |  |

| Accrued expenses | 2,960 |  | 3,243 |  |

53,306 |  | 55,563 |  |

8. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax

| Accelerated capital allowances | 123 |  | 120 |  |

| Deferred |

| tax |

£ |

| Balance at 1 March 2024 | 120 |  |

| Accelerated capital allowances | 3 |  |

| Balance at 28 February 2025 | 123 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 10 | Ordinary | £1 | 10 |  | 10 |  |

10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| During the accounting period, no advances or credits were granted by the company to its director. In addition; no guarantees of any kind were entered into by the company on behalf of its director.

| The director's loan account with the company remained in credit throughout the accounting period.

11. | RELATED PARTY DISCLOSURES

| Mr P E Smith owns the entire share capital of the company and has ultimate control of it by virtue of his shareholding.

| On 5 March 2012; Mr Smith granted a non-exclusive licence for the company to occupy property in his ownership. The total rent and service charges paid by the company to Mr Smith during the accounting period was £1,512.

| During the accounting reference period; the company provided property management services to Mr Smith in respect of which fees amounting to £434 were received.

| Dividends totalling £1,000, loan interest of £1,741 and directors remuneration of £6,900 were paid to Mr Smith during the year.