Silverfin false false 31/12/2025 01/01/2025 31/12/2025 Mr P A Haddy 03/05/2017 31 March 2026 The principal activity of the Company during the financial year was the rental of residential property. 10750491 2025-12-31 10750491 bus:Director1 2025-12-31 10750491 2024-12-31 10750491 core:CurrentFinancialInstruments 2025-12-31 10750491 core:CurrentFinancialInstruments 2024-12-31 10750491 core:Non-currentFinancialInstruments 2025-12-31 10750491 core:Non-currentFinancialInstruments 2024-12-31 10750491 core:ShareCapital 2025-12-31 10750491 core:ShareCapital 2024-12-31 10750491 core:FurtherSpecificReserve1ComponentTotalEquity 2025-12-31 10750491 core:FurtherSpecificReserve1ComponentTotalEquity 2024-12-31 10750491 core:RetainedEarningsAccumulatedLosses 2025-12-31 10750491 core:RetainedEarningsAccumulatedLosses 2024-12-31 10750491 bus:OrdinaryShareClass1 2025-12-31 10750491 2025-01-01 2025-12-31 10750491 bus:FilletedAccounts 2025-01-01 2025-12-31 10750491 bus:SmallEntities 2025-01-01 2025-12-31 10750491 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 10750491 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 10750491 bus:Director1 2025-01-01 2025-12-31 10750491 2024-01-01 2024-12-31 10750491 core:Non-currentFinancialInstruments 2025-01-01 2025-12-31 10750491 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 10750491 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 10750491 (England and Wales)

# COMPASS RENTAL MANAGEMENT LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

COMPASS RENTAL MANAGEMENT LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

COMPASS RENTAL MANAGEMENT LIMITED

## BALANCE SHEET

As at 31 December 2025
COMPASS RENTAL MANAGEMENT LIMITED

## BALANCE SHEET (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investment property | 3 | 271,794 |  | 271,794
|  | 271,794 |  | 271,794
Current assets |  |  |  |
Debtors | 4 | 13,361 |  | 1,414
Cash at bank and in hand |  | 5,011 |  | 7,682
|  | 18,372 |  | 9,096
Creditors: amounts falling due within one year | 5 | ( 3,815) |  | ( 4,154)
Net current assets |  | 14,557 |  | 4,942
Total assets less current liabilities |  | 286,351 |  | 276,736
Creditors: amounts falling due after more than one year | 6 | ( 220,820) |  | ( 220,820)
Provision for liabilities |  | ( 2,197) |  | ( 2,197)
Net assets |  | 63,334 |  | 53,719
Capital and reserves |  |  |  |
Called-up share capital | 7 | 100 |  | 100
Fair value reserve |  | 9,365 |  | 9,365
Profit and loss account |  | 53,869 |  | 44,254
Total shareholder's funds |  | 63,334 |  | 53,719

For the financial year ending 31 December 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 member has not required the Company to obtain an audit of its financial statements for the financial year 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of Compass Rental Management Limited (registered number: 10750491) were approved and authorised for issue by the Director on 31 March 2026. They were signed on its behalf by:

Mr P A Haddy Director |

COMPASS RENTAL MANAGEMENT LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
COMPASS RENTAL MANAGEMENT LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

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

##### General information and basis of accounting

Compass Rental Management Limited (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 C/O Francis Clark Llp Melville Building East, Royal William Yard, Plymouth, PL1 3RP, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due 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.

##### Turnover

Turnover is the total amount of rent received or receivable (accrued) in the period, before deducting any expenses. This includes rent charges, ground rents, and income from services provided to tenants. VAT is not charged on residential rentals.

##### 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.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

##### Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

##### 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.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 0 |  | 0

#### 3. Investment property

| Investment property
| £
Valuation |
As at 01 January 2025 | 271,794
As at 31 December 2025 | 271,794

There has been no valuation of investment property by an external valuer. The directors deem the value at the balance sheet date to be that of fair value.

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Amounts owed by director | 13,361 |  | 0
Other debtors | 0 |  | 1,414
| 13,361 |  | 1,414

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

| 2025 |  | 2024
| £ |  | £
Amounts owed to director | 0 |  | 903
Accruals | 1,560 |  | 1,475
Corporation tax | 2,255 |  | 1,776
| 3,815 |  | 4,154

#### 6. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Amounts owed to associates | 220,820 |  | 220,820

There are no amounts included above in respect of which any security has been given by the small entity.

#### 7. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100

#### 8. Related party transactions

Transactions with the entity's director

| 2025 |  | 2024
| £ |  | £
Opening Balance as at 1 January 2025 | (903) |  | (4,107)
Advances to director | 38,380 |  | 3,516
Repayments by director | (24,116) |  | (312)
Closing Balance as at 31 December 2025 | 13,361 |  | (903)

The company operates a loan account with its directors. There is no fixed date of repayment and the loan bears interest at the rate stipulated by HM Revenue & Customs on amounts exceeding £10,000.