REGISTERED NUMBER: 12562341 (England and Wales)

Financial Statements for the Year Ended 31 August 2025

for

Sires Property Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr W N Jones

REGISTERED OFFICE:

Managers Office

Abbey Mill

Church Street

Bradford-On-Avon

Wiltshire

BA15 1HB

REGISTERED NUMBER:

12562341 (England and Wales)

ACCOUNTANTS:

Westell Accountants

3 Bradfield Court

Drayton Mill, Milton Road

Drayton

Abingdon

Oxfordshire

OX14 4EF

CURRENT ASSETS

Debtors

4

76

76

Cash at bank

149,706

378,555

149,782

378,631

CREDITORS

Amounts falling due within one year

5

22,443

6,414

NET CURRENT ASSETS

127,339

372,217

TOTAL ASSETS LESS CURRENT LIABILITIES

127,339

372,217

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

127,338

372,216

127,339

372,217

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 director acknowledges his 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 director and authorised for issue on 20 May 2026 and were signed by:

Mr W N Jones - Director

1.	STATUTORY INFORMATION

Sires Property Management 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The Company's turnover consists primarily of service charge income, which is recognised based upon recognition of expenditure and in accordance with lease terms.

Taxation

The Company holds tax exempt status with HM Revenue & Customs due to its activities, as such these accounts do not include any charges in respect of corporation tax, neither current or deferred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

76

76

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,380

1,331

Other creditors

20,063

5,083

22,443

6,414

6.	RELATED PARTY DISCLOSURES

The company has a related party relationship with Sevco 1124 Limited (Company Registration Number: 0390309) by virtue of ownership and directorship in common.

Sevco 1124 Limited is the legal owner of the freehold property of which the company provides management services.

During the reporting period, the company has collected ground rents on behalf of Sevco 1124 Limited in capacity as agent. These amounts are not recognised within the company’s income and expenditure account. The amount payable to Sevco 1124 Limited at the end of the reporting period amounted to £12,621 (2024: £3,883).

During the year, there were no transactions between the company and Sevco 1124 Limited requiring disclosure under FRS 102 Section 1A, other than as described above.

The director considers that all arrangements with the related party are conducted on normal commercial terms.