IRIS Accounts Production v25.4.12.37 04966985 Board of Directors 1.10.24 30.9.25 30.9.25 0 0 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04966985 2024-09-30 04966985 2025-09-30 04966985 2024-10-01 2025-09-30 04966985 2023-09-30 04966985 2023-10-01 2024-09-30 04966985 2024-09-30 04966985 ns15:EnglandWales 2024-10-01 2025-09-30 04966985 ns14:PoundSterling 2024-10-01 2025-09-30 04966985 ns10:Director1 2024-10-01 2025-09-30 04966985 ns10:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 04966985 ns10:SmallEntities 2024-10-01 2025-09-30 04966985 ns10:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 04966985 ns10:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 04966985 ns10:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 04966985 ns10:FullAccounts 2024-10-01 2025-09-30 04966985 ns10:Director3 2024-10-01 2025-09-30 04966985 ns10:CompanySecretary1 2024-10-01 2025-09-30 04966985 ns10:RegisteredOffice 2024-10-01 2025-09-30 04966985 ns5:CurrentFinancialInstruments 2025-09-30 04966985 ns5:CurrentFinancialInstruments 2024-09-30 04966985 ns5:ShareCapital 2025-09-30 04966985 ns5:ShareCapital 2024-09-30 04966985 ns5:RevaluationReserve 2025-09-30 04966985 ns5:RevaluationReserve 2024-09-30 04966985 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 04966985 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 04966985 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-10-01 2025-09-30 04966985 ns5:LeaseholdImprovements 2024-10-01 2025-09-30 04966985 ns5:FurnitureFittings 2024-10-01 2025-09-30 04966985 ns5:MotorVehicles 2024-10-01 2025-09-30 04966985 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-09-30 04966985 ns5:LeaseholdImprovements 2024-09-30 04966985 ns5:FurnitureFittings 2024-09-30 04966985 ns5:MotorVehicles 2024-09-30 04966985 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-09-30 04966985 ns5:LeaseholdImprovements 2025-09-30 04966985 ns5:FurnitureFittings 2025-09-30 04966985 ns5:MotorVehicles 2025-09-30 04966985 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-09-30 04966985 ns5:LeaseholdImprovements 2024-09-30 04966985 ns5:FurnitureFittings 2024-09-30 04966985 ns5:MotorVehicles 2024-09-30 04966985 ns5:CostValuation 2024-09-30 04966985 ns5:DisposalsRepaymentsInvestments 2025-09-30 04966985 ns5:CostValuation 2025-09-30 04966985 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-09-30 04966985 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-09-30 04966985 ns10:Director1 1 2024-09-30 04966985 ns10:Director1 1 2023-09-30 04966985 ns10:Director1 1 2024-10-01 2025-09-30 04966985 ns10:Director1 1 2023-10-01 2024-09-30 04966985 ns10:Director1 1 2025-09-30 04966985 ns10:Director1 1 2024-09-30 04966985 ns10:Director3 3 2024-09-30 04966985 ns10:Director3 3 2023-09-30 04966985 ns10:Director3 3 2024-10-01 2025-09-30 04966985 ns10:Director3 3 2023-10-01 2024-09-30 04966985 ns10:Director3 3 2025-09-30 04966985 ns10:Director3 3 2024-09-30

REGISTERED NUMBER: 04966985 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 SEPTEMBER 2025 |

| FOR |

| PERSHING PROPERTIES LIMITED |

PERSHING PROPERTIES LIMITED (REGISTERED NUMBER: 04966985) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| PERSHING PROPERTIES LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 30 SEPTEMBER 2025

| DIRECTORS: | Mr S J A Domb

| Mr P M Domb

| SECRETARY: | Mrs M Domb

| REGISTERED OFFICE: | 869 High Road

| London

| N12 8QA

| REGISTERED NUMBER: | 04966985 (England and Wales)

| ACCOUNTANTS: | EA

| Chartered Accountants

| 869 High Road

| London

| N12 8QA

PERSHING PROPERTIES LIMITED (REGISTERED NUMBER: 04966985) |

STATEMENT OF FINANCIAL POSITION

30 SEPTEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 76,864 |  | 90,817 |  |

Investments | 5 | 101 |  | 151 |  |

Investment property | 6 | 245,000 |  | 102,761 |  |

321,965 |  | 193,729 |  |

CURRENT ASSETS

Debtors | 7 | 265,284 |  | 374,823 |  |

Cash at bank | 3,232,854 |  | 3,372,678 |  |

3,498,138 |  | 3,747,501 |  |

CREDITORS

Amounts falling due within one year | 8 | 924,206 |  | 854,312 |  |

NET CURRENT ASSETS | 2,573,932 |  | 2,893,189 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,895,897 |  | 3,086,918 |  |

PROVISIONS FOR LIABILITIES | 22,900 |  | - |  |

NET ASSETS | 2,872,997 |  | 3,086,918 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Non-distributable reserves | 21,454 |  | - |  |

Retained earnings | 2,851,443 |  | 3,086,818 |  |

SHAREHOLDERS' FUNDS | 2,872,997 |  | 3,086,918 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

PERSHING PROPERTIES LIMITED (REGISTERED NUMBER: 04966985) |

STATEMENT OF FINANCIAL POSITION - continued

30 SEPTEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2026 and were signed on its behalf by:

Mr P M Domb - Director

PERSHING PROPERTIES LIMITED (REGISTERED NUMBER: 04966985) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. | STATUTORY INFORMATION

| Pershing Properties Limited 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 as modified by the revaluation of certain assets.

| Preparation of consolidated financial statements

| The financial statements contain information about Pershing Properties Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Rental income

| Rental income represents net rent receivable on the investment property held in the company and an investment property held in a joint venture.

| Tangible fixed assets

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

| Short leasehold | - | Straight line over 5 years

| Improvements to property | - | 20% on cost

| Fixtures and fittings | - | 10% on reducing balance

| Motor vehicles | - | 20% on reducing balance

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Joint ventures

| Amounts receivable from joint venture partners, in respect of profits, are accounted for in the accounting period in which the corresponding profit arises and are included under other operating income.

| Investment property

| Investment properties are carried at fair value. Revaluation surpluses are recognised in the income statement. Deferred Taxation is provided on these gains at the rate expected to apply when the property is sold. No depreciation is provided in respect of investment properties.

| The Companies Act 2006 requires all properties to be depreciated. However, this requirement conflicts with the generally accepted accounting principle set out in FRS 102 (Section 1A). The directors consider that, because these properties are not held for consumption but for their investment potential, to depreciate them would no give a true and fair view and that it is necessary to adopt FRS 102 (Section 1A) in order to give a true and fair view. If this departure from the Act had not been made, the loss for the financial year would have been increased by the amount of depreciation.

PERSHING PROPERTIES LIMITED (REGISTERED NUMBER: 04966985) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

| Deferred tax

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

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures |

| Short |  | to |  | and |  | Motor |

| leasehold |  | property |  | fittings |  | vehicles |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 October 2024 | 34,953 |  | 10,000 |  | 17,526 |  | 83,861 |  | 146,340 |  |

| Additions | - |  | - |  | - |  | 16,220 |  | 16,220 |  |

| Disposals | - |  | - |  | - |  | (14,160 | ) | (14,160 | ) |

| At 30 September 2025 | 34,953 |  | 10,000 |  | 17,526 |  | 85,921 |  | 148,400 |  |

| DEPRECIATION

| At 1 October 2024 | 13,982 |  | 10,000 |  | 10,903 |  | 20,638 |  | 55,523 |  |

| Charge for year | 6,991 |  | - |  | 1,324 |  | 14,396 |  | 22,711 |  |

| Eliminated on disposal | - |  | - |  | - |  | (6,698 | ) | (6,698 | ) |

| At 30 September 2025 | 20,973 |  | 10,000 |  | 12,227 |  | 28,336 |  | 71,536 |  |

| NET BOOK VALUE

| At 30 September 2025 | 13,980 |  | - |  | 5,299 |  | 57,585 |  | 76,864 |  |

| At 30 September 2024 | 20,971 |  | - |  | 6,623 |  | 63,223 |  | 90,817 |  |

PERSHING PROPERTIES LIMITED (REGISTERED NUMBER: 04966985) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

5. | FIXED ASSET INVESTMENTS

| Shares in

| group

| undertakings

£ |

| COST

| At 1 October 2024 | 151 |  |

| Disposals | (50 | ) |

| At 30 September 2025 | 101 |  |

| NET BOOK VALUE

| At 30 September 2025 | 101 |  |

| At 30 September 2024 | 151 |  |

6. | INVESTMENT PROPERTY

| Total

£ |

| COST OR VALUATION

| At 1 October 2024 | 102,761 |  |

| Additions | 113,585 |  |

| Revaluations | 28,654 |  |

| At 30 September 2025 | 245,000 |  |

| NET BOOK VALUE

| At 30 September 2025 | 245,000 |  |

| At 30 September 2024 | 102,761 |  |

| Cost or valuation at 30 September 2025 is represented by:

£ |

| Valuation in 2025 | 28,654 |  |

| Cost | 216,346 |  |

245,000 |  |

| If investment property had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 216,346 |  | 280,980 |  |

| Investment property was valued on fair value basis on 30 September 2025 by the directors .

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

2025 | 2024 |

£ | £ |

| Amounts owed by group undertakings | 236,800 |  | 259,838 |  |

| Other debtors | 28,484 |  | 114,985 |  |

265,284 |  | 374,823 |  |

PERSHING PROPERTIES LIMITED (REGISTERED NUMBER: 04966985) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

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

2025 | 2024 |

£ | £ |

| Trade creditors | 600 |  | (1,606 | ) |

| Amounts owed to group undertakings | 182,556 |  | 139,987 |  |

| Amounts owed to related companies | 677,677 |  | 690,223 |  |

| Taxation and social security | 22,526 |  | 3,209 |  |

| Other creditors | 40,847 |  | 22,499 |  |

924,206 |  | 854,312 |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 30 September 2025 and 30 September 2024:

2025 | 2024 |

£ | £ |

| Mr P M Domb

| Balance outstanding at start of year | 330 |  | (5,039 | ) |

| Amounts advanced | 138,773 |  | 53,494 |  |

| Amounts repaid | (124,951 | ) | (48,125 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 14,152 |  | 330 |  |

| Mr S J A Domb

| Balance outstanding at start of year | 9,508 |  | (4,512 | ) |

| Amounts advanced | 60,926 |  | 90,020 |  |

| Amounts repaid | (70,000 | ) | (76,000 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 434 |  | 9,508 |  |

| During the period under review, interest of £1,480 (2024: £907) was charged on the overdrawn directors loan accounts.