Get_in_Properties_Ltd_30_Jun_2025_companies_house_set_of

Get In Properties Ltd

Report to the board of directors on the preparation of the unaudited statutory financial statements of Get In Properties Ltd

Year ended

30 June 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements

Get In Properties Ltd

for the year ended

30 June 2025

which comprise the income statement, statement of total comprehensive income, statement of financial position, statement of changes in equity and related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Members/Doc/rule/2018-rulebook.pdf.

This report is made solely to the Board of Directors of

Get In Properties Ltd

, as a body, in accordance with the terms of our engagement letter dated 10 December 2020. Our work has been undertaken solely to prepare for your approval the

financial statements

Get In Properties Ltd

and state those matters that we have agreed to state to the Board of Directors of

Get In Properties Ltd

, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than

Get In Properties Ltd

and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that

Get In Properties Ltd

has kept adequate accounting records and to prepare statutory

financial statements

that give a true and fair view of the assets, liabilities, financial position and profit of

Get In Properties Ltd

. You consider that

Get In Properties Ltd

is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Get In Properties Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Fitton & Co

Chartered Certified Accountants

Callis Mill

Woodland View

Hebden Bridge

West Yorkshire

HX7 6PJ

United Kingdom

Date:

29 April 2026

Get In Properties Ltd

Statement of Financial Position

30 June 2025

		2025		2024
	Note	£		£
Fixed assets
Tangible assets	5	134,767		129,924
Current assets
Debtors	6	428		141
Cash at bank and in hand		250		445
		678		586
Creditors: amounts falling due within one year	7	(53,946	)	(50,344	)
Net current liabilities		(53,268	)	(49,758	)
Total assets less current liabilities		81,499		80,166
Creditors: amounts falling due after more than one year	8	(72,815	)	(75,661	)
Provisions for liabilities		(1,984	)	-
Net assets		6,700		4,505
Capital and reserves
Called up share capital		2		2
Other reserves		14,016		11,000
Profit and loss account		(7,318	)	(6,497	)
Shareholders funds		6,700		4,505

For the year ending

30 June 2025

, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The 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 Act 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.

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

These

financial statements

were approved by the board of directors and authorised for issue on

29 April 2026

, and are signed on behalf of the board by:

Dr S Gough

Director

Company registration number:

12651383

Get In Properties Ltd

Notes to the Financial Statements

Year ended

30 June 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is

4 Glencoe

Halifax

HX3 7PG

, England.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Fixtures and fittings

20% straight line

Investment properties

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss and subsequently transferred to other reserves.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.

All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises. Any deferred tax in relation to investment properties are charged to other reserves.

4 Average number of employees

The average number of persons employed by the company during the year was

(2024:

2.00

5 Tangible assets

	Land and buildings	Plant and machinery etc.	Total
	£	£	£
Cost or valuation
At 1 July 2024	129,558	781	130,339
Revaluations	5,000	-	5,000
At 30 June 2025	134,558	781	135,339
Depreciation
At 1 July 2024	-	415	415
Charge	-	157	157
At 30 June 2025	-	572	572
Carrying amount
At 30 June 2025	134,558	209	134,767
At 30 June 2024	129,558	366	129,924

Land and Buildings are held at valuation. Further details are shown below under investment properties.

Tangible assets held at valuation

In respect of tangible assets held at valuation, the comparable amounts that would have been recognised if the assets had been carried under the historical cost model are as follows:

	Land and buildings	Land and buildings
	2025	2024
	£	£
Aggregate historical cost	134,558	129,558
Carrying amount	134,558	129,558

Investment property

Included in land and buildings are the following amounts in relation to investment properties:

	2025
	£
Carrying amount at 1 July 2024	129,558.00
Fair value adjustments	5,000
Carrying amount at 30 June 2025	134,558

The directors consider the fair value of the property to have increased by £5,000 to £134,558 so therefore no depreciation has been provided. The original cost of this property was £118,558.

6 Debtors

	2025		2024
	£		£
Other debtors	428		141

7 Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	2,847	2,740
Other creditors	51,099	47,604
	53,946	50,344

8 Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans and overdrafts	72,815		75,661

Bank loans outstanding at the year-end include instalments due after more than five years of £56,823 (2024: £60,271).

The bank loan is secured by a fixed charge over the company's assets.