Innovation Property Management Limited

	Page
Accountants' Report	1
Balance Sheet	2
Notes to the Financial Statements	3—4

In accordance with the engagement letter dated 21 July 2025, and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.

This report is made to the director in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the director the financial statements that we have been engaged to compile, to report to the director that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's director for our work or for this report.

You have acknowledged on the balance sheet as at year ended 31 May 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.

We have not been instructed to carry out an audit of the financial statements. 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 financial statements.

26/05/2026

AVL Accounting Services Limited

1st & 2nd Floor, 2 West St

Ware

Hertfordshire

SG12 9EE

Page 1

Page 2

Innovation Property Management Limited

Balance Sheet

As At 31 May 2025

Balance Sheet

Registered number: 12004129

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	105,501		111,914
Cash at bank and in hand		15,790		112

		121,291		112,026
Creditors: Amounts Falling Due Within One Year	5	(97,648 )		(33,485 )

NET CURRENT ASSETS (LIABILITIES)			23,643		78,541

TOTAL ASSETS LESS CURRENT LIABILITIES			23,643		78,541

Creditors: Amounts Falling Due After More Than One Year	6		(29,835 )		(84,151 )

NET LIABILITIES			(6,192 )		(5,610 )

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			(6,292 )		(5,710 )

SHAREHOLDERS' FUNDS			(6,192)		(5,610)

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Perry Sando

Director

26/05/2026

The notes on pages 3 to 4 form part of these financial statements.

Page 2

Page 3

Innovation Property Management Limited

Notes to the Financial Statements

For The Year Ended 31 May 2025

Notes to the Financial Statements

1. General Information

Innovation Property Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12004129 . The registered office is 29 Stewart Place, Station Road, Ware, Hertfordshire, SG12 9UN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Debtors

	2025	2024
	£	£
Due within one year
Due after more than one year
Amounts owed by participating interests	105,501	111,914

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	7,630	-
Amounts owed to participating interests	4,569	-
Other creditors	85,449	33,265
Taxation and social security	-	220

	97,648	33,485

6. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	29,835	43,341
Amounts owed to participating interests	-	40,810

	29,835	84,151

Page 3

Page 4

Innovation Property Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

8. Related Party Transactions

Southwood Property Development Ltd

Associate under common control

A loan was outstanding from Southwood Property Development Ltd totalling £105,501, the transactions were conducted at arms length and were conducted under normal market conditions.

Transcend-UK Ltd

Associate under common control

A loan was outstanding to Transcend-UK Ltd totalling £4,569, the transactions were conducted at arms length and were conducted under normal market conditions.

Page 4