Company registration number 11008786 (England and Wales)
AM PROPERTY SPECIALISTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
Affinia
The Octagon Suite E2
2nd Floor Middleborough
Colchester
Essex
CO1 1TG
AM PROPERTY SPECIALISTS LTD
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6
AM PROPERTY SPECIALISTS LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment properties
4
443,000
431,000
Current assets
Debtors
5
98
33
Cash at bank and in hand
14,134
16,157
14,232
16,190
Creditors: amounts falling due within one year
6
(81,658)
(79,147)
Net current liabilities
(67,426)
(62,957)
Total assets less current liabilities
375,574
368,043
Creditors: amounts falling due after more than one year
7
(301,823)
(301,823)
Provisions for liabilities
(22,276)
(19,276)
Net assets
51,475
46,944
AM PROPERTY SPECIALISTS LTD
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 OCTOBER 2025
31 October 2025
2025
2024
Notes
£
£
£
£
- 2 -
Capital and reserves
Called up share capital
10
10
Other reserves
66,827
57,827
Profit and loss reserves
(15,362)
(10,893)
Total equity
51,475
46,944

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial 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.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 8 April 2026 and are signed on its behalf by:
Mr M Foster
Ms A Samuel
Director
Director
Company Registration No. 11008786
AM PROPERTY SPECIALISTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 3 -
1
Accounting policies
Company information

AM Property Specialists Ltd is a private company limited by shares incorporated in England and Wales. The registered office is S14 & S15 The Plaza, 1 Rutherford Park, Great Notley, Braintree, Essex, United Kingdom, CM77 7AU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

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 financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the company had net current liabilities of £67,426. true

A t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for rental income, provided in the normal course of business.

1.4
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
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 current liabilities.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

AM PROPERTY SPECIALISTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 4 -
1.7
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.8
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
AM PROPERTY SPECIALISTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 5 -
4
Investment property
2025
£
Fair value
At 1 November 2024
431,000
Revaluations
12,000
At 31 October 2025
443,000

Investment property comprises £443,000. The valuation was made by the directors on an open market value basis by reference to market evidence of transaction prices for similar properties.

5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
98
33
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
81,658
79,147

Two charges created on 31 January 2018 in favour of Paragon Bank Plc exist over 22 Riverside Drive, Lincoln, LN5 7NY and all the property and undertaking of the company.

Two charges created on 8 February 2018 in favour of Paragon Bank Plc exist over 9 Witham Mews, Lincoln, LN5 7PG and all the property and undertaking of the company.

A charge created 1 February 2023 in favour of Paragon Bank Plc exits over 22 Riverside Drive, Lincoln, LN5 7NY and all the property and undertaking of the company.

A charge created 1 March 2023 in favour of Paragon Bank Plc exits over 9 Witham Mews, Lincoln, LN5 7PG and all the property and undertaking of the company.

7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
301,823
301,823
AM PROPERTY SPECIALISTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
7
Creditors: amounts falling due after more than one year
(Continued)
- 6 -

Two charges created on 31 January 2018 in favour of Paragon Bank Plc exist over 22 Riverside Drive, Lincoln, LN5 7NY and all the property and undertaking of the company.

Two charges created on 8 February 2018 in favour of Paragon Bank Plc exist over 9 Witham Mews, Lincoln, LN5 7PG and all the property and undertaking of the company.

A charge created 1 February 2023 in favour of Paragon Bank Plc exits over 22 Riverside Drive, Lincoln, LN5 7NY and all the property and undertaking of the company.

A charge created 1 March 2023 in favour of Paragon Bank Plc exits over 9 Witham Mews, Lincoln, LN5 7PG and all the property and undertaking of the company.

8
Operating lease commitments

The operating leases represent leases rental of properties to third parties. The leases are negotiated over terms of 1 year and rentals are fixed. The tenancy then continues as a monthly contractual periodic until ended by either party giving notice.

2025
2024
Future amounts receivable under operating leases:
£
£
Total commitments
15,700
14,180
9
Directors' transactions

No guarantees have been given or received.

2025-10-31 2024-11-01 false false false 08 April 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr M Foster Ms A Samuel 11008786 2024-11-01 2025-10-31 11008786 2025-10-31 11008786 2024-10-31 11008786 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 11008786 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 11008786 core:Non-currentFinancialInstruments core:AfterOneYear 2025-10-31 11008786 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 11008786 core:ShareCapital 2025-10-31 11008786 core:ShareCapital 2024-10-31 11008786 core:OtherMiscellaneousReserve 2025-10-31 11008786 core:OtherMiscellaneousReserve 2024-10-31 11008786 core:RetainedEarningsAccumulatedLosses 2025-10-31 11008786 core:RetainedEarningsAccumulatedLosses 2024-10-31 11008786 bus:Director1 2024-11-01 2025-10-31 11008786 bus:Director2 2024-11-01 2025-10-31 11008786 2023-11-01 2024-10-31 11008786 2024-10-31 11008786 core:CurrentFinancialInstruments 2025-10-31 11008786 core:CurrentFinancialInstruments 2024-10-31 11008786 core:Non-currentFinancialInstruments 2025-10-31 11008786 core:Non-currentFinancialInstruments 2024-10-31 11008786 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 11008786 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 11008786 bus:FRS102 2024-11-01 2025-10-31 11008786 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 11008786 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP