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Registered Number: 16042364
NETWORTH PROPERTIES LTD
Abridged Accounts
Period of accounts Start date: 01 November 2024 End date: 31 October 2025

NETWORTH PROPERTIES LTD Contents Page For the year ended 31 October 2025
Statement of financial position | 1
Notes to the financial statements | 2

NETWORTH PROPERTIES LTD Statement of Financial Position As at 31 October 2025
| Notes | 2025 £
--- | --- | ---
Current assets |  |
Debtors |  | 883
Cash at bank and in hand |  | 255
|  | 1,138
Creditors: amount falling due within one year |  | (500)
Net current assets |  | 638
Total assets less current liabilities |  | 638
Net assets |  | 638
Capital and reserves |  |
Called up share capital | 3 | 1
Profit and loss account |  | 637
Shareholders' funds |  | 638
For the year ended 31 October 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 accounts for the year in question 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 accounts. These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A). The financial statements were approved by the director on 06 April 2026 and were signed by:
------------------------------- Abolore Oladimeji SOMOYE Director
1

NETWORTH PROPERTIES LTD Notes to the Abridged Financial Statements For the year ended 31 October 2025
General Information NETWORTH PROPERTIES LTD is a private company, limited by shares, registered in , registration number 16042364, registration address 561A HUDDERSFIELD ROAD, WATERHEAD OLDHAM, OL4 3NY. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. The financial statements are prepared in sterling which is the functional currency of the company. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Taxation Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Current and deferred tax assets and liabilities are not discounted
2. | Average number of employees Average number of employees during the year was 0.
3. | Share Capital
Allotted, called up and fully paid | 2025 £
--- | ---
1 Class A share of £1.00 each | 1
| 1
2