REGISTERED NUMBER: 02105101 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

PODMORE PROPERTY LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

Mrs J A Fraser

Ms V A Podmore

REGISTERED OFFICE:

Ground Floor 7 Neptune Court

Hallam Way, Whitehills Business Park,

Blackpool

Lancashire

FY4 5LZ

REGISTERED NUMBER:

02105101 (England and Wales)

ACCOUNTANTS:

Hanley & Co

Chartered Accountants

Ground Floor 7 Neptune Court

Hallam Way

Whitehills Business Park

Blackpool

Lancashire

FY4 5LZ

BANKERS:

Yorkshire Bank PLC

34 Princes Street

Stockport

Cheshire

SK1 1RE

FIXED ASSETS

Investment property

4

515,000

284,800

CURRENT ASSETS

Debtors

4,493

2,045

Cash at bank

100,317

92,515

104,810

94,560

CREDITORS

Amounts falling due within one year

18,971

18,331

NET CURRENT ASSETS

85,839

76,229

TOTAL ASSETS LESS CURRENT LIABILITIES

600,839

361,029

PROVISIONS FOR LIABILITIES

5

109,658

34,885

NET ASSETS

491,181

326,144

CAPITAL AND RESERVES

Called up share capital

30,000

30,000

Non-distributable reserve

6

339,031

183,605

Retained earnings

122,150

112,539

SHAREHOLDERS' FUNDS

491,181

326,144

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 August 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 June 2026 and were signed on its behalf by:

Mrs J A Fraser - Director

1.	STATUTORY INFORMATION

Podmore Property Ltd 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 net invoiced rent.

Investment property

The investment property is accounted for under FRS 102, Section 16 Investment Property.

The investment property is remeasured to fair value at each balance sheet date, with fair value gains and losses being reported in the profit and loss. Investment property is valued on an estimated open market basis by the director.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

284,800

Revaluations

230,200

At 31 August 2025

515,000

NET BOOK VALUE

At 31 August 2025

515,000

At 31 August 2024

284,800

Fair value at 31 August 2025 is represented by:

£

Valuation in 1999

110,955

Valuation in 2001

85,911

Valuation in 2005

116,740

Valuation in 2012

(65,000

)

Valuation in 2015

(65,000

)

Valuation in 2025

230,200

Cost

101,194

515,000

If fixed asset investment had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

101,194

101,194

Fixed asset investment was valued on an open market basis on 31 August 2025 by the directors .

5.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Other timing differences

109,658

34,885

Deferred

tax

£

Balance at 1 September 2024

34,885

Revaluation of property

74,773

Balance at 31 August 2025

109,658

6.

RESERVES

Non-distribut

reserve

£

At 1 September 2024

183,605

Revaluation this year

155,426

At 31 August 2025

339,031

7.	RELATED PARTY DISCLOSURES

Creditors : amounts falling due within one year - includes interest free directors loans of £13,285 (2024 £13,717).

Debtors: amounts falling due within one year - includes an interest free loan to a company linked to this company £2,693.

8.

TAXATION

Tax on profits:

2025

2024

£

£

Corporation Tax

4,457

3,029

Deferred Tax On Property Revaluation

74,773

-

79,230

3,029

9.	RETAINED PROFITS MOVEMENT

Profit & Loss Reserve

Non-Distributa ble Reserve

Total

£

£

£

PROFIT BEFORE TAXATION

24,467

230,200

254,667

Corporation Tax

(4,457

)

-

(4,457

)

Deferred Tax

-

(74,773

)

(74,773

)

Dividends

(10,400

)

-

(10,400

)

RETAINED PROFIT FOR YEAR

9,616

155,427

165,037

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Podmore Property Ltd for the year ended 31 August 2025 which comprise the Abridged Statement of Income and Retained Earnings, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Podmore Property Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Podmore Property Ltd and state those matters that we have agreed to state to the Board of Directors of Podmore Property Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Podmore Property Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Podmore Property Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Podmore Property Ltd. You consider that Podmore Property Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Podmore Property Ltd. 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 statutory financial statements.

Hanley & Co

Chartered Accountants

Ground Floor 7 Neptune Court

Hallam Way

Whitehills Business Park

Blackpool

Lancashire

FY4 5LZ

9 June 2026