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Registration number: 14788301

Ferrix Properties Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 April 2026

Ferrix Properties Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Ferrix Properties Limited

Company Information

Directors | Mr M Stephenson Mrs K Stephenson

Registered office | Suite 1, Armcon Business Park London Road South Poynton Stockport Cheshire SK12 1LQ

Accountants | Bright Partnership Limited Suite 1 Armcon Business Park, London Road South Poynton Cheshire SK12 1LQ

Ferrix Properties Limited

(Registration number: 14788301)
Balance Sheet as at 30 April 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Tangible assets | 4 | 932,603 | 605,831
Current assets |  |  |
Cash at bank and in hand |  | 196 | 604
Creditors: Amounts falling due within one year | 5 | (370,882) | (373,865)
Net current liabilities |  | (370,686) | (373,261)
Total assets less current liabilities |  | 561,917 | 232,570
Creditors: Amounts falling due after more than one year | 5 | (613,880) | (227,636)
Net (liabilities)/assets |  | (51,963) | 4,934
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Revaluation reserve |  | (16,878) | 8,953
Retained earnings |  | (35,087) | (4,021)
Shareholders' (deficit)/funds |  | (51,963) | 4,934

For the financial year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 July 2026 and signed on its behalf by:

......................................... Mrs K Stephenson Director

Ferrix Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

1 | General information

Ferrix 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.

These financial statements were authorised for issue by the Board on 9 July 2026.

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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Ferrix Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 1).

Ferrix Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

4 | Investment Property

| Investment Property £ | Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 May 2025 | 605,831 | - | 605,831
Revaluations | (25,832) | - | (25,832)
Additions | 352,146 | 499 | 352,645
At 30 April 2026 | 932,145 | 499 | 932,644
Depreciation
Charge for the year | - | 41 | 41
At 30 April 2026 | - | 41 | 41
Carrying amount
At 30 April 2026 | 932,145 | 458 | 932,603
At 30 April 2025 | 605,831 | - | 605,831

5 | Creditors

Creditors: amounts falling due within one year

| 2026 £ | 2025 £
Due within one year |  |
Taxation and social security | - | 278
Other creditors | 370,882 | 373,587
| 370,882 | 373,865

Creditors: amounts falling due after more than one year

| Note | 2026 £ | 2025 £
Due after one year |  |  |
Other creditors |  | 613,880 | 227,636

6 | Reserves

Ferrix Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

| Revaluation reserve £ | Total £
Revaluation reserve unrealised | (16,878) | (16,878)