REGISTERED NUMBER: 05459103 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

PSS Properties Services Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

4,371

7,880

Investment property

5

7,120,000

6,475,000

7,124,371

6,482,880

CURRENT ASSETS

Cash at bank

162,823

55,069

CREDITORS

Amounts falling due within one year

6

(3,192,426

)

(3,228,063

)

NET CURRENT LIABILITIES

(3,029,603

)

(3,172,994

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,094,768

3,309,886

CREDITORS

Amounts falling due after more than one year

7

-

(6,650

)

PROVISIONS FOR LIABILITIES

(929,910

)

(755,958

)

NET ASSETS

3,164,858

2,547,278

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

8

2,789,732

2,267,875

Retained earnings

375,125

279,402

3,164,858

2,547,278

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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:

Mr P S Schofield - Director

1.	STATUTORY INFORMATION

PSS Properties Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05459103

Registered office:

Ramsdell Hall

Station Road

Scholar Green

Stoke-on-Trent

Staffordshire

ST7 3LS

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.

Rental income from investment properties leased out under operating leases is recognised in the statement of comprehensive income on a straight-line basis over the term of the lease.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

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 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 March 2025

and 28 February 2026

33,623

65,615

6,777

106,015

DEPRECIATION

At 1 March 2025

27,794

63,564

6,777

98,135

Charge for year

1,458

2,051

-

3,509

At 28 February 2026

29,252

65,615

6,777

101,644

NET BOOK VALUE

At 28 February 2026

4,371

-

-

4,371

At 28 February 2025

5,829

2,051

-

7,880

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2025

6,475,000

Disposals

(50,810

)

Revaluations

695,810

At 28 February 2026

7,120,000

NET BOOK VALUE

At 28 February 2026

7,120,000

At 28 February 2025

6,475,000

Fair value at 28 February 2026 is represented by:

£

Valuation in 2023

1,916,907

Valuation in 2024

(190,245

)

Valuation in 2025

1,297,170

Valuation in 2026

695,811

Cost

3,400,357

7,120,000

Investment property was valued on an open market value basis on 28 February 2025 by the director .

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans and overdrafts

-

10,000

Taxation and social security

29,031

24,669

Other creditors

3,163,395

3,193,394

3,192,426

3,228,063

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.26

28.2.25

£

£

Bank loans

-

6,650

8.

RESERVES

Fair

value

reserve

£

At 1 March 2025

2,267,875

Revaluation in year

521,857

At 28 February 2026

2,789,732