REGISTERED NUMBER: 11090998 (England and Wales)

METCALF PROPERTY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

C Metcalf

Miss A L Metcalf

Miss N J Metcalf

REGISTERED OFFICE:

Plummer Cottage

Plummer Lane

Tenterden

Kent

TN30 6TU

REGISTERED NUMBER:

11090998 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

82 High Street

Tenterden

Kent

TN30 6JG

FIXED ASSETS

Investment property

4

127,500

255,000

CURRENT ASSETS

Debtors

5

3,487

3,150

Cash at bank

14,657

20,124

18,144

23,274

CREDITORS

Amounts falling due within one year

6

275,097

284,250

NET CURRENT LIABILITIES

(256,953

)

(260,976

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(129,453

)

(5,976

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Revaluation reserve

8

(188,725

)

(61,225

)

Retained earnings

59,172

55,149

SHAREHOLDERS' FUNDS

(129,453

)

(5,976

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 30 June 2026 and were signed on its behalf by:

C Metcalf - Director

1.	STATUTORY INFORMATION

Metcalf Property 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 as modified by the revaluation of certain assets.

The directors believe it is appropriate to prepare the financial statements on a going concern basis as the company will return profits in future years. In the meantime, the company will be financially supported by its directors.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 January 2025

255,000

Revaluations

(127,500

)

At 31 December 2025

127,500

NET BOOK VALUE

At 31 December 2025

127,500

At 31 December 2024

255,000

The flats were revalued by the directors at the year end.

Cost or valuation at 31 December 2025 is represented by:

£

Valuation in 2020

(121,225

)

Valuation in 2023

60,000

Valuation in 2025

(127,500

)

Cost

316,225

127,500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,487

3,150

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

456

817

Other creditors

274,641

283,433

275,097

284,250

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Revaluatio

reserve

£

At 1 January 2025

(61,225

)

Transfer

(127,500

)

At 31 December 2025

(188,725

)

9.	RELATED PARTY DISCLOSURES

The balance owed to one of the directors at the end of the year was £264,417 (2024 - £280,417). There are no terms of repayment and no interest is charged on the loan.