Sayers Property Investments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09710161 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

Sayers Property Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Sayer

REGISTERED OFFICE:

C/O Sayers Road Tankers Engineering Ltd

Tutin Road

Leeming Bar Industrial Estate

NORTHALLERTON

North Yorkshire

DL7 9UJ

REGISTERED NUMBER:

09710161 (England and Wales)

ACCOUNTANTS:

Clive Owen LLP

Chartered Accountants

140 Coniscliffe Road

DARLINGTON

Co Durham

DL3 7RT

FIXED ASSETS

Tangible assets

4

75,267

58,874

Investments

5

-

101

Investment property

6

1,655,000

1,730,267

1,713,975

CURRENT ASSETS

Stocks

7

246,572

243,137

Debtors

8

4,702

Cash at bank

20,845

22,254

272,119

270,093

CREDITORS

Amounts falling due within one year

9

372,626

347,562

NET CURRENT LIABILITIES

(100,507

)

(77,469

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,629,760

1,636,506

CREDITORS

Amounts falling due after more than one
year

10

(442,409

)

(494,495

)

PROVISIONS FOR LIABILITIES

12

(75,342

)

(70,280

)

NET ASSETS

1,112,009

1,071,731

CAPITAL AND RESERVES

Called up share capital

13

202

Fair value reserve

14

209,687

Retained earnings

902,120

861,842

SHAREHOLDERS' FUNDS

1,112,009

1,071,731

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 April 2026 and were signed by:

C Sayer - Director

1.	STATUTORY INFORMATION

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

There were no material departures from that standard.

The financial statements are prepared on the going concern basis which assumes that the company will continue to trade. However, the validity of the going concern basis is dependent upon the continued support of the associated companies. If the company is unable to continue to trade, adjustments would be required to reduce the value of assets to their recoverable amounts and to provide for any further liabilities that might arise.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with companies under common control under normal market conditions.

Turnover

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

Income recognition

Income from the rent of properties is recognised over the period of the lease on a straight line basis.

Tangible fixed assets

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

Plant and machinery

-

10% on cost

Fixtures and fittings

-

25% on cost

Tangible fixed assets are held at a cost less accumulated depreciation and any impairment.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Work in progress

Work in progress is valued at the lower of cost and net realisable value.

Financial instruments

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

COST

At 1 November 2024

60,383

520

60,903

Additions

-

23,398

At 31 October 2025

60,383

23,918

84,301

DEPRECIATION

At 1 November 2024

1,510

519

2,029

Charge for year

6,038

967

7,005

At 31 October 2025

7,548

1,486

9,034

NET BOOK VALUE

At 31 October 2025

52,835

22,432

75,267

At 31 October 2024

58,873

1

58,874

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 November 2024

101

Disposals

(101

)

At 31 October 2025

-

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

101

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

1,655,000

NET BOOK VALUE

At 31 October 2025

1,655,000

At 31 October 2024

1,655,000

Investment property has been valued at market value by a surveyor during the prior year, the director believes the value is unchanged from the professional valuation at 31 October 2025.

Fair value at 31 October 2025 is represented by:

£

Valuation in 2024

274,038

Cost

1,380,962

1,655,000

7.

STOCKS

2025

2024

£

Stocks

246,572

243,137

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Amounts owed by related undertakings

4,500

Other debtors

202

4,702

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

48,935

45,297

Trade creditors

540

1,416

Amounts owed to related undertakings

266,713

238,288

Taxation and social security

10,916

13,461

Accruals and deferred income

45,522

49,100

372,626

347,562

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 1-2 years

52,865

48,935

Bank loans - 2-5 years

185,365

171,584

Bank loans more 5 yr by instal

204,179

273,976

442,409

494,495

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

204,179

273,976

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loans

491,344

539,792

The bank loan is secured on a fixed and floating charge of all the property or undertaking of the company. There is also a cross guarantee in place with associated company Sayers Road Tanker Rentals Limited.

12.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

75,342

70,280

Deferred

tax

£

Balance at 1 November 2024

70,280

Accelerated capital allowances

5,062

Balance at 31 October 2025

75,342

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

202

Ordinary

£1

202

14.

RESERVES

Fair

value

reserve

£

At 1 November 2024

and 31 October 2025

209,687

The fair value reserve is a non-distributable reserve made up of accumulated fair value adjustments and associated deferred tax movements.