Registered number
03840385
Network Estates Limited
Unaudited Filleted Accounts
30 September 2025

Network Estates Limited
Registered number: | 03840385
Balance Sheet
as at 30 September 2025
|  |  |  |  |  |  | As restated
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Tangible assets | 3 |  |  | 1,850,000 |  |  | 1,850,000
Current assets
Debtors | 4 |  | 67,672 |  |  | 112,744
Cash at bank and in hand |  |  | 102,632 |  |  | 21,877
|  |  | 170,304 |  |  | 134,621
Creditors: amounts falling due within one year | 5 |  | (647,683) |  |  | (656,937)
Net current liabilities |  |  |  | (477,379) |  |  | (522,316)
Total assets less current liabilities |  |  |  | 1,372,621 |  |  | 1,327,684
Provisions for liabilities |  |  |  | (160,380) |  |  | (160,380)
Net assets |  |  |  | 1,212,241 |  |  | 1,167,304
Capital and reserves
Called up share capital |  |  |  | 100 |  |  | 100
Revaluation reserve | 6 |  |  | 481,139 |  |  | 481,139
Profit and loss account |  |  |  | 731,002 |  |  | 686,065
Shareholders' funds |  |  |  | 1,212,241 |  |  | 1,167,304
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D J Lees
Director
Approved by the board on 23 October 2025

Network Estates Limited
Notes to the Accounts
for the year ended 30 September 2025
1 | Accounting policies
| Basis of preparation
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
| Turnover
| Turnover represents rental income and recharges for the year. Rentals received under operating leases are credited to revenue on a straight line basis over the lease terms.
| Investment properties
| The investment property is revalued annually by the directors at fair value. Any surplus or deficit on revaluation is recognised in the profit and loss, in the year they occur and are then transferred to the revaluation reserve. No depreciation is provided in respect of the investment property.
| Taxation
| A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
| Provisions
| Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 2 |  | 2
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Land and buildings
£
| Cost
| At 1 October 2024 | 1,850,000
| At 30 September 2025 | 1,850,000
| Depreciation
| At 30 September 2025 | -
| Net book value
| At 30 September 2025 | 1,850,000
| At 30 September 2024 | 1,850,000
| The long leashold land and buildings held as an investment property are stated at the directors fair value valuation.
4 | Debtors | 2025 |  | 2024
£ | £
| Trade debtors | - |  | 40,875
| Other debtors | 67,672 |  | 71,869
|  |  |  |  |  | 67,672 |  | 112,744
5 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Trade creditors | (160) |  | 9,857
| Taxation and social security costs | 8,125 |  | 7,363
| Other creditors | 639,718 |  | 639,717
|  |  |  |  |  | 647,683 |  | 656,937
6 | Revaluation reserve | 2025 |  | 2024
£ | £
| At 1 October 2024 | 481,139 |  | 406,139
| Gain on revaluation of land and buildings | - |  | 100,000
| Deferred taxation arising on the revaluation of land and buildings | - |  | (25,000)
| At 30 September 2025 | 481,139 |  | 481,139
7 | Prior year adjustment
| The prior year figures have been restated for a dividend payment that was subsequently cancelled.
8 | Controlling party
| During the year and the prior year, the company had no controlling party.
9 | Other information
| Network Estates Limited is a private company limited by shares and incorporated in England. Its registered office is:
| Portland House
| 21 Narborough Road
| Cosby
| Leicestershire
| LE9 1TA

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