Silverfin false false 31/07/2025 01/09/2024 31/07/2025 F J Connelly 03/08/2006 18 March 2026 The principal activity of the company during the financial year was that of the buying and letting of own real estate. 05895512 2025-07-31 05895512 bus:Director1 2025-07-31 05895512 core:CurrentFinancialInstruments 2025-07-31 05895512 core:CurrentFinancialInstruments 2024-08-31 05895512 2024-08-31 05895512 core:ShareCapital 2025-07-31 05895512 core:ShareCapital 2024-08-31 05895512 core:RetainedEarningsAccumulatedLosses 2025-07-31 05895512 core:RetainedEarningsAccumulatedLosses 2024-08-31 05895512 2024-09-01 2025-07-31 05895512 bus:FilletedAccounts 2024-09-01 2025-07-31 05895512 bus:SmallEntities 2024-09-01 2025-07-31 05895512 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-07-31 05895512 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-07-31 05895512 bus:Director1 2024-09-01 2025-07-31 05895512 2023-09-01 2024-08-31 05895512 core:CurrentFinancialInstruments 2024-09-01 2025-07-31 05895512 1 2024-09-01 2025-07-31 iso4217:GBP xbrli:pure

Company No: 05895512 (England and Wales)

# CONNELLY PROPERTY SERVICES LTD

### Unaudited Financial Statements
For the financial period from 01 September 2024 to 31 July 2025
Pages for filing with the registrar

CONNELLY PROPERTY SERVICES LTD

## Unaudited Financial Statements

For the financial period from 01 September 2024 to 31 July 2025

Contents

CONNELLY PROPERTY SERVICES LTD

## BALANCE SHEET

As at 31 July 2025
CONNELLY PROPERTY SERVICES LTD

## BALANCE SHEET (continued)

As at 31 July 2025

| Note | 31.07.2025 |  | 31.08.2024
|  | £ |  | £
Current assets |  |  |  |
Debtors | 3 | 500 |  | 0
Cash at bank and in hand |  | 18,634 |  | 2
|  | 19,134 |  | 2
Creditors: amounts falling due within one year | 4 | ( 25,577) |  | 0
Net current (liabilities)/assets |  | (6,443) |  | 2
Total assets less current liabilities |  | (6,443) |  | 2
Net (liabilities)/assets |  | ( 6,443) |  | 2
Capital and reserves |  |  |  |
Called-up share capital |  | 2 |  | 2
Profit and loss account |  | ( 6,445 ) |  | 0
Total shareholders' (deficit)/funds |  | ( 6,443) |  | 2

For the financial period ending 31 July 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 financial statements for the financial period in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Connelly Property Services Ltd (registered number: 05895512) were approved and authorised for issue by the Director on 18 March 2026. They were signed on its behalf by:

F J Connelly Director |

CONNELLY PROPERTY SERVICES LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 September 2024 to 31 July 2025
CONNELLY PROPERTY SERVICES LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 01 September 2024 to 31 July 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Connelly Property Services Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 43 Saturn Close, Warminster, BA12 8GP, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £6,443. The Company is supported through loans from the Parent Company. The director has received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Parent Company will continue to support the Company. After making enquiries, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Reporting period length

The reporting period has been shortened to an 11 month period ending 31 July 2025.
The director made the decision to change the accounting period after becoming part of a group to align with other group companies.
The comparative amounts presented in the financial statements (including any related notes) are not entirely comparable as they are for a 12 month period, albeit the company was dormant.

##### Turnover

Turnover comprises the fair value of the consideration received or receivable for property rental income in the ordinary course of the company’s activities. Turnover is shown net of 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.
Rental income received in advance of the period to which it relates is included as deferred income within other creditors on the balance sheet.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, 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.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. 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.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

#### 2. Employees

| Period from 01.09.2024 to 31.07.2025 |  | Year ended 31.08.2024
| Number |  | Number
Monthly average number of persons employed by the Company during the period, including the director | 1 |  | 1

#### 3. Debtors

| 31.07.2025 |  | 31.08.2024
| £ |  | £
Other debtors | 500 |  | 0

#### 4. Creditors: amounts falling due within one year

| 31.07.2025 |  | 31.08.2024
| £ |  | £
Amounts owed to Group undertakings | 22,147 |  | 0
Amounts owed to director | 1,270 |  | 0
Accruals | 2,160 |  | 0
| 25,577 |  | 0

Amounts owed to Group undertakings are repayable and do not bear interest.

#### 5. Ultimate controlling party

The company's immediate parent is Connelly Industries Limited, incorporated in England and Wales. Its registered office address is 43 Saturn Close, Warminster, Wiltshire, United Kingdom, BA12 8GP.
These financial statements are available upon request from Companies House, Cardiff.