REGISTERED NUMBER: 02993840 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

PROPERTY MOVES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W Knight

G Shipp

SECRETARY:

Miss L Evans

REGISTERED OFFICE:

15 West Street

Brighton

East Sussex

BN1 2RL

REGISTERED NUMBER:

02993840 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Hove) Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

4

33,189

33,042

Investment property

5

600,000

800,000

633,189

833,042

CURRENT ASSETS

Debtors

6

19,878

22,921

Cash at bank and in hand

1,439,908

1,460,446

1,459,786

1,483,367

CREDITORS

Amounts falling due within one year

7

1,473,609

1,494,494

NET CURRENT LIABILITIES

(13,823

)

(11,127

)

TOTAL ASSETS LESS CURRENT LIABILITIES

619,366

821,915

CREDITORS

Amounts falling due after more than one year

8

(288,000

)

(288,000

)

PROVISIONS FOR LIABILITIES

(7,837

)

(43,053

)

NET ASSETS

323,529

490,862

CAPITAL AND RESERVES

Called up share capital

100

100

Non-distributable reserve

10

100,693

265,339

Retained earnings

222,736

225,423

323,529

490,862

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 28 April 2026 and were signed on its behalf by:

W Knight - Director

1.	STATUTORY INFORMATION

Property Moves 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

These financial statements have been prepared on the basis that the company will continue to be a going concern. If this assumption is not considered valid, then adjustments would need to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.

Turnover

Turnover represents sales of services net of VAT. Turnover is recognised at the point the customer is entitled to consideration.

Tangible fixed assets

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

Leasehold improvements

-

10% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on cost

Investment property

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 at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss and then transferred to a revaluation reserve.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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

As stated in the accounting policy note, these financial statements have been prepared on the basis that the company will continue to be a going concern. During the year the company made a profit of £548,016, and as at the year end the current liabilities exceeded current assets by £13,823.

The validity of this basis depends upon the continued support of the company's directors. The directors confirm that they will give the required support.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

Plant and

and

Computer

improvements

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2025

22,487

6,750

4,497

16,558

50,292

Additions

3,803

-

-

3,114

6,917

Disposals

-

(645

)

-

(3,262

)

(3,907

)

At 31 December 2025

26,290

6,105

4,497

16,410

53,302

DEPRECIATION

At 1 January 2025

1,865

2,891

2,685

9,809

17,250

Charge for year

2,607

1,223

363

2,577

6,770

Eliminated on disposal

-

(645

)

-

(3,262

)

(3,907

)

At 31 December 2025

4,472

3,469

3,048

9,124

20,113

NET BOOK VALUE

At 31 December 2025

21,818

2,636

1,449

7,286

33,189

At 31 December 2024

20,622

3,859

1,812

6,749

33,042

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

800,000

Revaluations

(200,000

)

At 31 December 2025

600,000

NET BOOK VALUE

At 31 December 2025

600,000

At 31 December 2024

800,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2023

300,693

Valuation in 2025

(200,000

)

Cost

499,307

600,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

698

-

Prepayments and accrued income

13,325

15,467

Accrued income

5,855

7,454

19,878

22,921

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,230,438

1,256,654

Tax

189,475

187,365

Social security and other taxes

5,073

5,676

VAT

37,323

37,140

Other creditors

1,472

498

Directors' loan accounts

3,218

220

Accrued expenses

6,610

6,941

1,473,609

1,494,494

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Mortgage

288,000

288,000

Amounts falling due in more than five years:

Repayable by instalments

Mortgage

288,000

288,000

9.	FINANCIAL INSTRUMENTS

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

10.

RESERVES

Non-distribu

reserve

£

At 1 January 2025

265,339

Non-distributable reserve

(200,000

)

Deferred tax

35,354

At 31 December 2025

100,693

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, G Shipp increased his loan to the company. As at 31 December 2025, the company owed him £3,218 (2024: £220). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is W Knight.

This was by virtue of his 85% holding of issued share capital.