REGISTERED NUMBER: 12998102 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

Notgrove Property Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J R J Evans

M A Evans

REGISTERED OFFICE:

Reedham House

31 King Street West

Manchester

Greater Manchester

M3 2PJ

REGISTERED NUMBER:

12998102 (England and Wales)

ACCOUNTANTS:

Freedman Frankl & Taylor

Chartered Accountants

Reedham House

31 King Street West

Manchester

M3 2PJ

FIXED ASSETS

Tangible assets

4

32,515

43,354

Investments

5

79,052

-

Investment property

6

2,956,694

2,436,111

3,068,261

2,479,465

CURRENT ASSETS

Debtors

7

76,447

134,946

Cash at bank and in hand

38,200

216,209

114,647

351,155

CREDITORS

Amounts falling due within one year

8

(381,958

)

(447,639

)

NET CURRENT LIABILITIES

(267,311

)

(96,484

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,800,950

2,382,981

CREDITORS

Amounts falling due after more than one year

9

(1,381,854

)

(982,578

)

NET ASSETS

1,419,096

1,400,403

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

1,418,896

1,400,203

1,419,096

1,400,403

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2026 and were signed on its behalf by:

M A Evans - Director

1.	STATUTORY INFORMATION

Notgrove Property Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Tangible fixed assets are initially recorded at cost less any tax, discounts and rebates. Cost includes the original purchase price of the asset and costs attributable to bringing the asset into its working condition for its intended use. Subsequently they are recorded at cost less accumulated depreciation and impairment.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less accumulated impairment.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The company's financial statements for the period ended 30 September 2025 have been prepared on a going basis as, after making appropriate enquiries the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 October 2024

and 30 September 2025

80,424

DEPRECIATION

At 1 October 2024

37,070

Charge for year

10,839

At 30 September 2025

47,909

NET BOOK VALUE

At 30 September 2025

32,515

At 30 September 2024

43,354

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

79,052

At 30 September 2025

79,052

NET BOOK VALUE

At 30 September 2025

79,052

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

2,436,111

Additions

520,583

At 30 September 2025

2,956,694

NET BOOK VALUE

At 30 September 2025

2,956,694

At 30 September 2024

2,436,111

The directors consider the market value of the investment property not to be materially different to the value shown in the financial statements as at 30 September 2025.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

76,447

134,946

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

3,856

6,037

Trade creditors

1,213

6,844

Taxation and social security

6,927

7,453

Other creditors

369,962

427,305

381,958

447,639

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

10,767

12,442

Other creditors

1,371,087

970,136

1,381,854

982,578

10.	RELATED PARTY DISCLOSURES

Included within other creditors is a balance amounting to £63,911 (2024: £62,614) due from companies in which the directors of the company are also directors and shareholders. There are no fixed repayment terms and no interest is chargeable by the company in respect of this balance.