REGISTERED NUMBER: 11716242 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Speight Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Speight

REGISTERED OFFICE:

3 Edmund Avenue

Sheffield

S17 4RN

REGISTERED NUMBER:

11716242 (England and Wales)

ACCOUNTANTS:

A&MPG Limited

6 Meadowhead

Sheffield

South Yorkshire

S8 7UD

FIXED ASSETS

Investment property

4

1,015,000

995,357

CURRENT ASSETS

Prepayments and accrued income

714

716

Cash at bank

5,985

7,648

6,699

8,364

CREDITORS

Amounts falling due within one year

5

141,483

137,458

NET CURRENT LIABILITIES

(134,784

)

(129,094

)

TOTAL ASSETS LESS CURRENT LIABILITIES

880,216

866,263

CREDITORS

Amounts falling due after more than one year

6

(727,186

)

(727,186

)

PROVISIONS FOR LIABILITIES

7

(36,837

)

(33,104

)

NET ASSETS

116,193

105,973

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

157,039

141,129

Retained earnings

8

(40,946

)

(35,256

)

116,193

105,973

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 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 7 July 2026 and were signed by:

R Speight - Director

1.	STATUTORY INFORMATION

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

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 January 2025

995,357

Revaluations

19,643

At 31 December 2025

1,015,000

NET BOOK VALUE

At 31 December 2025

1,015,000

At 31 December 2024

995,357

The director has valued the investment properties at a fair value of £1,015,000 as at 31 December 2025 based on market information.

The historical cost of the investment properties is £821,123.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Directors' current accounts

138,629

135,009

Accruals and deferred income

2,854

2,449

141,483

137,458

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

727,186

727,186

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

36,837

33,104

Deferred

tax

£

Balance at 1 January 2025

33,104

Provided during year

3,733

Balance at 31 December 2025

36,837

8.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 January 2025

(35,256

)

141,129

105,873

Profit for the year

10,220

10,220

Fair value transfer

(15,910

)

15,910

-

At 31 December 2025

(40,946

)

157,039

116,093