REGISTERED NUMBER: 03465198 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2025

FOR

MOORSIDE PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr E N Wood

Mr S C Wood

SECRETARY:

Mr E N Wood

REGISTERED OFFICE:

Moorside House

Union Lane

Ogden

Halifax

West Yorkshire

HX2 8BP

REGISTERED NUMBER:

03465198 (England and Wales)

ACCOUNTANTS:

Cresswells

12 Market Sreet

Hebden Bridge

HX7 6AD

FIXED ASSETS

Tangible assets

4

4

4

Investment property

5

345,000

478,250

345,004

478,254

CURRENT ASSETS

Debtors

6

779

529

Cash at bank

37,219

5,989

37,998

6,518

CREDITORS

Amounts falling due within one year

7

3,138

10,933

NET CURRENT ASSETS/(LIABILITIES)

34,860

(4,415

)

TOTAL ASSETS LESS CURRENT LIABILITIES

379,864

473,839

CAPITAL AND RESERVES

Called up share capital

8

340,000

440,000

Fair value reserve

9

42,800

42,800

Retained earnings

(2,936

)

(8,961

)

SHAREHOLDERS' FUNDS

379,864

473,839

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 2nd June 2026 and were signed on its behalf by:

Mr E N Wood - Director

1.	STATUTORY INFORMATION

Moorside Properties 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.

Turnover

Turnover represents net invoiced rents excluding value added tax.

Tangible fixed assets

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

Office equipment

-

over 4 years

Investment properties

Investment properties are included in fixed assets at their latest valuations plus any subsequent additions at cost, and surplus and deficits on valuation are included in the revaluation reserve. Profit and losses on the sale of these properties are calculated by reference to their net carrying amounts. No depreciation is provided on investment properties.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1st December 2024

and 30th November 2025

12,901

DEPRECIATION

At 1st December 2024

and 30th November 2025

12,897

NET BOOK VALUE

At 30th November 2025

4

At 30th November 2024

4

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st December 2024

478,250

Disposals

(133,250

)

At 30th November 2025

345,000

NET BOOK VALUE

At 30th November 2025

345,000

At 30th November 2024

478,250

Fair value at 30th November 2025 is represented by:

£

Valuation in 2020

14,550

Valuation in 2021

25,000

Valuation in 2022

3,250

Cost

302,200

345,000

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

302,200

435,450

Aggregate depreciation

(113,836

)

(153,586

)

Investment properties were valued on an open market basis basis on 30th November 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Prepayments and accrued income

779

529

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' current accounts

1,938

9,933

Accrued expenses

1,200

1,000

3,138

10,933

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

220,000

Ordinary

£1

220,000

440,000

(2024 - 440,000 )

30,000

Ordinary A

£1

30,000

-

30,000

Ordinary B

£1

30,000

-

30,000

Ordinary C

£1

30,000

-

30,000

Ordinary D

£1

30,000

-

340,000

440,000

9.

RESERVES

Fair

value

reserve

£

At 1st December 2024

and 30th November 2025

42,800