Company registration number 11011425 (England and Wales)
SAMUEL PROPERTY MANAGEMENT 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
SAMUEL PROPERTY MANAGEMENT LTD
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6
SAMUEL PROPERTY MANAGEMENT LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment property
4
419,000
370,000
Current assets
Cash at bank and in hand
7,671
6,165
Creditors: amounts falling due within one year
5
(100,898)
(100,976)
Net current liabilities
(93,227)
(94,811)
Total assets less current liabilities
325,773
275,189
Creditors: amounts falling due after more than one year
6
(238,083)
(238,083)
Provisions for liabilities
(25,001)
(12,751)
Net assets
62,689
24,355
Capital and reserves
Called up share capital
10
10
Other reserves
75,004
38,254
Profit and loss reserves
(12,325)
(13,909)
Total equity
62,689
24,355
SAMUEL PROPERTY MANAGEMENT LTD
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 OCTOBER 2025
31 October 2025
- 2 -

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.

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.

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.

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

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

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:
Ms A Samuel
Director
Company registration number 11011425 (England and Wales)
SAMUEL PROPERTY MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 3 -
1
Accounting policies
Company information

Samuel Property Management 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 balance sheet date the company had net current liabilities of £93,227 due to the director's loan account.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 s.

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 at bank and in hand

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.

SAMUEL PROPERTY MANAGEMENT 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.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

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
SAMUEL PROPERTY MANAGEMENT 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
370,000
Revaluations
49,000
At 31 October 2025
419,000

Investment property comprises £419,000. The valuation was made by the directors on an open market value basis by reference to market evidence of transaction prices for similar properties, in addition to adding all costs of additions to the property price.

5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
0
1,171
Other creditors
100,898
99,805
100,898
100,976

Two legal charges were created on 31 January 2018 in favour of Paragon Bank PLC exists over 10 Witham Mews and all the property and undertaking of the company.

A charge created 31 August 2018 in favour of Paragon Bank PLC exists over 33 Saxilby Road and all the property and undertaking of the company.

6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
238,083
238,083

Two legal charges were created on 31 January 2018 in favour of Paragon Bank PLC exists over 10 Witham Mews and all the property and undertaking of the company.

A charge created 31 August 2018 in favour of Paragon Bank PLC exists over 33 Saxilby Road and all the property and undertaking of the company.

7
Operating lease commitments
2025
2024
Future amounts receivable under operating leases:
£
£
Total commitments
13,915
13,960
SAMUEL PROPERTY MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 6 -
8
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 A Samuel Ms A Samuel 11011425 2024-11-01 2025-10-31 11011425 2025-10-31 11011425 2024-10-31 11011425 core:WithinOneYear 2025-10-31 11011425 core:WithinOneYear 2024-10-31 11011425 core:AfterOneYear 2025-10-31 11011425 core:AfterOneYear 2024-10-31 11011425 core:CurrentFinancialInstruments 2025-10-31 11011425 core:CurrentFinancialInstruments 2024-10-31 11011425 core:ShareCapital 2025-10-31 11011425 core:ShareCapital 2024-10-31 11011425 core:OtherMiscellaneousReserve 2025-10-31 11011425 core:OtherMiscellaneousReserve 2024-10-31 11011425 core:RetainedEarningsAccumulatedLosses 2025-10-31 11011425 core:RetainedEarningsAccumulatedLosses 2024-10-31 11011425 bus:Director2 2024-11-01 2025-10-31 11011425 2023-11-01 2024-10-31 11011425 2024-10-31 11011425 core:Non-currentFinancialInstruments 2025-10-31 11011425 core:Non-currentFinancialInstruments 2024-10-31 11011425 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 11011425 bus:FRS102 2024-11-01 2025-10-31 11011425 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 11011425 bus:Director1 2024-11-01 2025-10-31 11011425 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 11011425 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP