Petrolux Property Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03079491 (England and Wales)

PETROLUX PROPERTY SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTORS:

P M Mason

Mrs L J Mason

SECRETARY:

Mrs L J Mason

REGISTERED OFFICE:

Newlands

Woodgate Avenue

Northaw

Potters Bar

Hertfordshire

EN6 4EW

REGISTERED NUMBER:

03079491 (England and Wales)

ACCOUNTANTS:

John Crook & Partners LLP

Chartered Accountants

255 Green Lanes

Palmers Green

London

N13 4XE

FIXED ASSETS

Investment property

4

4,096,063

CURRENT ASSETS

Debtors

5

-

150

Cash at bank

346,462

291,229

346,462

291,379

CREDITORS

Amounts falling due within one year

6

72,613

112,159

NET CURRENT ASSETS

273,849

179,220

TOTAL ASSETS LESS CURRENT
LIABILITIES

4,369,912

4,275,283

PROVISIONS FOR LIABILITIES

7

459,577

NET ASSETS

3,910,335

3,815,706

CAPITAL AND RESERVES

Called up share capital

8

100

Fair value reserve

2,094,262

Retained earnings

1,815,973

1,721,344

SHAREHOLDERS' FUNDS

3,910,335

3,815,706

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 June 2026 and were signed on its behalf by:

P M Mason - Director

1.	STATUTORY INFORMATION

Petrolux Property Services 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 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 rental income receivable during the year.

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 and loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

and 30 September 2025

4,096,063

NET BOOK VALUE

At 30 September 2025

4,096,063

At 30 September 2024

4,096,063

Fair value at 30 September 2025 is represented by:

£

Valuation in 2008

789,470

Valuation in 2009

451,041

Valuation in 2010

(10,967

)

Valuation in 2016

1,324,296

Cost

1,542,223

4,096,063

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

2025

2024

£

Cost

1,542,223

Investment properties were valued on an open market value basis on 30 September 2025 by a director, P.M.Mason. .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

-

150

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Social security and other taxes

1,846

1,223

Other creditors

3,673

3,363

Deposits held

22,910

20,291

Corporation tax payable

43,414

43,761

Directors' current accounts

770

43,521

72,613

112,159

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

Deferred tax

459,577

Deferred

tax

£

Balance at 1 October 2024

459,577

Deferred tax rate increased

Balance at 30 September 2025

459,577

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

£1

100

9.	RELATED PARTY DISCLOSURES

Interest totalling £5,772 (2024 £4,817) was paid to a director, L.J.Mason, during the year.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by P.M.Mason and L. Mason.