Instalrite Properties Ltd

Contents

Statement of financial position	1
Notes to the Unaudited Financial Statements	2 to 5

Instalrite Properties Ltd

(Registration number: 9211439)
Statement of financial position as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	629,340	629,340
Current assets
Debtors	5	54,740	79,689
Cash at bank and in hand		840	251
		55,580	79,940
Creditors: Amounts falling due within one year	6	(168,791)	(141,829)
Net current liabilities		(113,211)	(61,889)
Total assets less current liabilities		516,129	567,451
Creditors: Amounts falling due after more than one year	6	(417,986)	(448,968)
Net assets		98,143	118,483
Capital and reserves
Called up share capital	7	100	100
Retained earnings		98,043	118,383
Shareholders' funds		98,143	118,483

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 25 March 2026
 

......................................... Mr S Papworth Director

Instalrite Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

These financial statements were authorised for issue by the director on 25 March 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Instalrite Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Asset class	Depreciation method and rate
Freehold Property	Not depreciated but subject to impairment review by directors

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 October 2024	629,340	629,340
At 30 September 2025	629,340	629,340
Depreciation
Carrying amount
At 30 September 2025	629,340	629,340
At 30 September 2024	629,340	629,340

Instalrite Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

5

Debtors

Current	2025 £	2024 £
Trade debtors	5,988	2,340
Other debtors	48,752	77,349
	54,740	79,689

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	80,335	80,336
Taxation and social security		7,230	9,290
Accruals and deferred income		1,225	575
Other creditors		80,001	51,628
		168,791	141,829

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	417,986	448,968

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

Instalrite Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	396,388	421,856
Other borrowings	21,598	27,112
	417,986	448,968

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	74,821	74,822
Other borrowings	5,514	5,514
	80,335	80,336

Other borrowings

9	Related party transactions

Transactions with the director

2025	At 1 October 2024 £	Advances to director £	Repayments by director £	At 30 September 2025 £
Mr S Papworth
Director's loan at official rate	77,349	48,751	(77,349)	48,751

2024	At 1 October 2023 £	Advances to director £	At 30 September 2024 £
Mr S Papworth
Director's loan at official rate	-	77,349	77,349