REGISTERED NUMBER: 07667676 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Gnome Property Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Warsop

Miss S Antcliff

REGISTERED OFFICE:

4 Yorke Street

Hucknall

Nottingham

Nottinghamshire

NG15 7BT

REGISTERED NUMBER:

07667676 (England and Wales)

ACCOUNTANTS:

Smith Cookson

Chartered Accountants

4 Yorke Street

Hucknall

Nottinghamshire

NG15 7BT

FIXED ASSETS

Investment property

4

957,000

920,000

CURRENT ASSETS

Cash at bank and in hand

174

1,493

CREDITORS

Amounts falling due within one year

5

240,232

240,652

NET CURRENT LIABILITIES

(240,058

)

(239,159

)

TOTAL ASSETS LESS CURRENT LIABILITIES

716,942

680,841

CREDITORS

Amounts falling due after more than one year

6

(181,765

)

(206,271

)

PROVISIONS FOR LIABILITIES

7

(89,914

)

(80,664

)

NET ASSETS

445,263

393,906

CAPITAL AND RESERVES

Called up share capital

8

2

2

Non-Distributable Reserves

9

269,741

241,990

Retained earnings

9

175,520

151,914

SHAREHOLDERS' FUNDS

445,263

393,906

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 June 2026 and were signed on its behalf by:

A Warsop - Director

1.	STATUTORY INFORMATION

Gnome 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 is the rent received from the investment properties

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 or loss.

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 NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

920,000

Revaluations

37,000

At 30 September 2025

957,000

NET BOOK VALUE

At 30 September 2025

957,000

At 30 September 2024

920,000

Fair value at 30 September 2025 is represented by:

£

Valuation in 2015

5,172

Valuation in 2017

39,930

Valuation in 2018

15,000

Valuation in 2019

52

Valuation in 2020

42,500

Valuation in 2022

40,000

Valuation in 2023

20,000

Valuation in 2024

160,000

Valuation in 2025

37,000

Cost

597,346

957,000

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

30.9.25

30.9.24

£

£

Cost

597,346

597,346

Investment property was valued on an open market basis on 30 September 2025 by the Directors .

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Other loans

504

504

Trade creditors

-

169

Amounts owed to group undertakings

28,200

28,200

Directors' current accounts

210,281

210,281

Accruals and deferred income

1,247

1,498

240,232

240,652

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Amounts owed to group undertakings

181,765

206,271

7.	PROVISIONS FOR LIABILITIES

30.9.25

30.9.24

£

£

Deferred tax

89,914

80,664

Deferred

tax

£

Balance at 1 October 2024

80,664

Provided during year

9,250

Balance at 30 September 2025

89,914

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

2

Ordinary

1

2

2

9.

RESERVES

Retained

Non-Distributable

earnings

Reserves

Totals

£

£

£

At 1 October 2024

151,914

241,990

393,904

Profit for the year

51,356

51,356

Revalue investment properties

(27,750

)

27,751

1

At 30 September 2025

175,520

269,741

445,261

10.	OTHER FINANCIAL COMMITMENTS

The investment property assets have been used as security for loans taken out by the parent company. At the balance sheet date £209,964.85 is outstanding on the loans by the parent company.

11.	CONTROLLING PARTY

The controlling party is Duo Properties Limited.