REGISTERED NUMBER: 08183672 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

BPS (MANAGEMENT) LIMITED

Page

Statement of Financial Position

1

to

2

Notes to the Financial Statements

3

to

6

FIXED ASSETS

Tangible assets

4

518

15,357

Investment property

5

600,000

1,706,580

600,518

1,721,937

CURRENT ASSETS

Debtors

6

8,505

8,006

Cash at bank

102,116

14,692

110,621

22,698

CREDITORS

Amounts falling due within one year

7

(356,086

)

(1,359,795

)

NET CURRENT LIABILITIES

(245,465

)

(1,337,097

)

TOTAL ASSETS LESS CURRENT LIABILITIES

355,053

384,840

CREDITORS

Amounts falling due after more than one year

8

-

(21,997

)

PROVISIONS FOR LIABILITIES

(3,191

)

(5,850

)

NET ASSETS

351,862

356,993

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Non-distributable reserves

28,240

52,802

Retained earnings

313,622

294,191

351,862

356,993

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 26 May 2026 and were signed on its behalf by:

Mr S B Burgess - Director

1.	STATUTORY INFORMATION

Bps (Management) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08183672

Registered office:

Glasshouse, Alderley Park

Congleton Road

Nether Alderley

Macclesfield

Cheshire

SK10 4TF

The principal activity of the company during the year was that of property investment.

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.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The accounts have been prepared on the going concern basis. The director believes this to be appropriate as he has expressed his willingness to support the business for the foreseeable future.

JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows:

Valuation of investment property

As described in the notes to the financial statements, the investment properties are stated in the statement of financial position at fair value, as determined by the director as at 30 September 2025.

TANGIBLE FIXED ASSETS

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

Motor vehicles

-

straight line over 3 years

Computer equipment

-

straight line over 3 years

Tangible assets are initially recorded at cost and subsequently stated at cost less any accumulated depreciation and impairment losses.

INVESTMENT PROPERTY

Investment property is initially recorded 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.

If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

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, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

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.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are 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.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

CORPORATION TAX

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 October 2024

46,131

2,580

48,711

Additions

-

621

621

Disposals

(46,131

)

-

(46,131

)

At 30 September 2025

-

3,201

3,201

DEPRECIATION

At 1 October 2024

31,276

2,078

33,354

Charge for year

6,367

605

6,972

Eliminated on disposal

(37,643

)

-

(37,643

)

At 30 September 2025

-

2,683

2,683

NET BOOK VALUE

At 30 September 2025

-

518

518

At 30 September 2024

14,855

502

15,357

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

1,706,580

Disposals

(1,095,000

)

Impairments

(11,580

)

At 30 September 2025

600,000

NET BOOK VALUE

At 30 September 2025

600,000

At 30 September 2024

1,706,580

The director considers the investment properties to be stated at fair value as at 30 September 2025.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

8,505

8,006

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans and overdrafts

-

585,000

Hire purchase contracts

-

4,060

Amounts owed to connected

companies

287,138

687,102

Trade creditors

655

1,955

Amounts owed to group undertakings

20,238

20,238

Tax

-

18

Social security and other taxes

575

2,141

VAT

1,426

2,293

Other creditors

41

215

Directors' loan accounts

43,413

54,463

Accruals and deferred income

2,600

2,310

356,086

1,359,795

Amounts owed to group undertakings and connected companies are unsecured, interest free and repayable on demand.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Hire purchase contracts

-

21,997

9.	OTHER FINANCIAL COMMITMENTS

The amount of commitments, guarantees and contingencies is £23,637 (2024: £33,768).

10.	EVENTS AFTER THE END OF THE REPORTING PERIOD

There were no significant events up to the date of approval of the financial statements by the Board.

11.	CONTROLLING PARTY

The company is a wholly-owned subsidiary of Burgess Property Solutions Limited, a company incorporated in England and Wales.

12.	GOING CONCERN

The accounts have been prepared on the going concern basis. The director believes this to be appropriate as he has expressed his willingness to support the business for the foreseeable future.