REGISTERED NUMBER: 16009598 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 10 OCTOBER 2024 TO 31 OCTOBER 2025

FOR

PENRHOS PROPERTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

V R C Gamble

REGISTERED OFFICE:

4th Floor Tuition House

27-37 St George's Road

Wimbledon

London

SW19 4EU

REGISTERED NUMBER:

16009598 (England and Wales)

ACCOUNTANTS:

Hartley Fowler LLP

Chartered Accountants

4th Floor Tuition House

27-37 St George's Road

Wimbledon

London

SW19 4EU

FIXED ASSETS

Investment property

5

900,000

CURRENT ASSETS

Debtors

6

10,781

Cash at bank

7,885

18,666

CREDITORS

Amounts falling due within one year

7

1,004,440

NET CURRENT LIABILITIES

(985,774

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(85,774

)

CAPITAL AND RESERVES

Called up share capital

8

100

Fair value reserve

9

(85,850

)

Retained earnings

9

(24

)

SHAREHOLDERS' FUNDS

(85,774

)

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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 8 July 2026 and were signed by:

V R C Gamble - Director

1.	STATUTORY INFORMATION

Penrhos 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.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Revenue is recognised with reference to time as the period of rental progresses so that the amount of revenue reflects the actual right to consideration by reference to the period of rental covered.

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 period 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 period 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

985,820

Revaluations

(85,820

)

At 31 October 2025

900,000

NET BOOK VALUE

At 31 October 2025

900,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2025

(85,820

)

Cost

985,820

900,000

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

£

Cost

985,820

The valuation of the property at the year end was estimated by the director.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Letting account

500

Called up share capital not paid

100

Prepayments

10,181

10,781

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Shareholders' loans

1,000,000

Deferred income

1,200

Accrued expenses

3,240

1,004,440

The shareholders' loans carry no interest rate and are repayable on demand.

8.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

value:

£

100

Share capital 1

£1

100

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

Deficit for the period

(85,874

)

(85,874

)

Fair value adjustment

85,850

(85,850

)

-

At 31 October 2025

(24

)

(85,850

)

(85,874

)