Registered number
09615573
Everlong Property Services Limited
Filleted Accounts
31 March 2025

Everlong Property Services Limited
Registered number: | 09615573
Balance Sheet
as at 31 March 2025
Notes |  |  | 2025 |  |  | 2024
Fixed assets
Tangible assets | 3 |  |  | 506,000 |  |  | 465,000
Current assets
Debtors | 4 |  | 2,719 |  |  | 1,450
Cash at bank and in hand |  |  | 6,735 |  |  | 10,993
|  |  | 9,454 |  |  | 12,443
Creditors: amounts falling due within one year | 5 |  | (150,600) |  |  | (161,271)
Net current liabilities |  |  |  | (141,146) |  |  | (148,828)
Total assets less current liabilities |  |  |  | 364,854 |  |  | 316,172
Creditors: amounts falling due after more than one year | 6 |  |  | (64,980) |  |  | (64,179)
Provisions for liabilities |  |  |  | (41,761) |  |  | (33,971)
Net assets |  |  |  | 258,113 |  |  | 218,022
Capital and reserves
Called up share capital |  |  |  | 10 |  |  | 10
Profit and loss account |  |  |  | 258,103 |  |  | 218,012
Shareholders' funds |  |  |  | 258,113 |  |  | 218,022
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.
H E Cotton
Director
Approved by the board on 16 March 2026

Everlong Property Services Limited
Notes to the Accounts
for the year ended 31 March 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 being rent receivable from tenants in respect of the lease of the company's properties.
| Investment properties
| Investment properties are carried at fair value determined annually by external valuers or the directors and derived from the current market rents and investment property yields for comparable properties, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss. No depreciation is provided on investment proprties.
| Debtors
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
| Creditors
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
| 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 | 0 |  | 0
3 | Tangible fixed assets
|  |  |  |  |  |  |  | Investment properties
| Fair value
| At 1 April 2024 | 465,000
| Surplus on revaluation | 41,000
| At 31 March 2025 | 506,000
| Depreciation
| At 31 March 2025 | -
| Net book value
| At 31 March 2025 | 506,000
| At 31 March 2024 | 465,000
| Freehold land and buildings: | 2025 |  | 2024
| Historical cost | 269,264 |  | 269,264
| Cumulative depreciation based on historical cost | - |  | -
|  |  |  |  |  | 269,264 |  | 269,264
4 | Debtors | 2025 |  | 2024
| Trade debtors | 800 |  | -
| Other debtors | 1,919 |  | 1,450
|  |  |  |  |  | 2,719 |  | 1,450
5 | Creditors: amounts falling due within one year | 2025 |  | 2024
| Taxation and social security costs | 1,702 |  | 2,601
| Other creditors | 148,898 |  | 158,670
|  |  |  |  |  | 150,600 |  | 161,271
6 | Creditors: amounts falling due after one year | 2025 |  | 2024
| Bank loans | 64,980 |  | 64,179
7 | Loans | 2025 |  | 2024
| Creditors include:
| Amounts payable otherwise than by instalment falling due for payment after more than five years |  | 64,980 |  | 64,179
| Secured bank loans | 64,980 |  | 64,179
| The bank loan is an interest only repayment and secured on a freehold property owned by the company. The bank loan is repayable in full in May 2026.
8 | Related party transactions
| Advances, Credits and Guarantees At the balance sheet date, the following amounts were due from/(to) the director: Loan balance: £148,454 (2024:£158,238) The loan is interest free, unsecured and repayable on demand.
9 | Controlling party
| The directors consider that there is no individual controlling party.
10 | Other information
| Everlong Property Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
| 8 Roach Road
| Sheffield
| South Yorkshire
| S11 8UA

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