Company registration number 05115148 (England and Wales)
NUMBER ONE MORTGAGES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
PAGES FOR FILING WITH REGISTRAR
NUMBER ONE MORTGAGES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
NUMBER ONE MORTGAGES LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2026
28 February 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Intangible assets
3
-
0
-
0
Tangible assets
4
27,548
-
0
Current assets
Debtors
5
51,276
18,995
Cash at bank and in hand
84,355
114,203
135,631
133,198
Creditors: amounts falling due within one year
6
(39,404)
(24,746)
Net current assets
96,227
108,452
Total assets less current liabilities
123,775
108,452
Creditors: amounts falling due after more than one year
7
(27,814)
(12,500)
Net assets
95,961
95,952
Capital and reserves
Called up share capital
8
100
100
Profit and loss reserves
95,861
95,852
Total equity
95,961
95,952
NUMBER ONE MORTGAGES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
28 FEBRUARY 2026
28 February 2026
- 2 -

For the financial year ended 28 February 2026 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 profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 20 April 2026 and are signed on its behalf by:
K Dunks
Mrs K Dunks
Director
Director
Company registration number 05115148 (England and Wales)
NUMBER ONE MORTGAGES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 3 -
1
Accounting policies
Company information

Number One Mortgages Limited is a private company limited by shares incorporated in England and Wales. The registered office is 378 Brighton Road Shoreham-By-Sea West Sussex BN43 6RE.

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. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
33% straight line method
Fixtures, fittings & equipment
25% straight line method
Motor vehicles
25% reducing balance basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.4
Retirement benefits

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year they are payable.

NUMBER ONE MORTGAGES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 11. (2025 - 10)

2026
2025
Number
Number
Total
11
10
3
Intangible fixed assets
Goodwill
£
Cost
At 1 March 2025 and 28 February 2026
10,000
Amortisation and impairment
At 1 March 2025 and 28 February 2026
10,000
Carrying amount
At 28 February 2026
-
0
At 28 February 2025
-
0
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2025
39,585
Additions
36,730
At 28 February 2026
76,315
Depreciation and impairment
At 1 March 2025
39,585
Depreciation charged in the year
9,182
At 28 February 2026
48,767
Carrying amount
At 28 February 2026
27,548
At 28 February 2025
-
0
NUMBER ONE MORTGAGES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 5 -
5
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
49,272
17,800
Directors' loan account
-
28
Prepayments
1,167
1,167
Other debtors
837
-
51,276
18,995
6
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
153
412
Corporation tax
13,109
16,603
Other taxation and social security
5,977
-
0
Hire Purchase
6,232
-
0
Director's loan account
3,353
-
Accruals
4,597
4,380
Other creditors
5,983
3,351
39,404
24,746
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans and overdrafts
2,500
12,500
Other creditors
25,314
-
0
27,814
12,500
8
Called up share capital
2026
2025
£
£
Ordinary share capital
Issued and fully paid
100 Ordinary of £1 each
100
100
9
Directors' transactions

Dividends totalling £77,909 (2025 - £81,363) were paid in the year in respect of shares held by the company's directors.

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