Statement Properties Ltd 13834395 false 2025-02-01 2026-01-31 2026-01-31 The principal activity of the company is other letting and operating of own or leased real estate. Digita Accounts Production Advanced 6.30.9574.0 true 13834395 2025-02-01 2026-01-31 13834395 2026-01-31 13834395 core:CurrentFinancialInstruments core:WithinOneYear 2026-01-31 13834395 core:Non-currentFinancialInstruments 2026-01-31 13834395 core:Non-currentFinancialInstruments core:AfterOneYear 2026-01-31 13834395 bus:SmallEntities 2025-02-01 2026-01-31 13834395 bus:AuditExemptWithAccountantsReport 2025-02-01 2026-01-31 13834395 bus:FilletedAccounts 2025-02-01 2026-01-31 13834395 bus:SmallCompaniesRegimeForAccounts 2025-02-01 2026-01-31 13834395 bus:RegisteredOffice 2025-02-01 2026-01-31 13834395 bus:Director1 2025-02-01 2026-01-31 13834395 bus:PrivateLimitedCompanyLtd 2025-02-01 2026-01-31 13834395 countries:EnglandWales 2025-02-01 2026-01-31 13834395 2025-01-31 13834395 2024-02-01 2025-01-31 13834395 2025-01-31 13834395 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 13834395 core:Non-currentFinancialInstruments 2025-01-31 13834395 core:Non-currentFinancialInstruments core:AfterOneYear 2025-01-31 iso4217:GBP xbrli:pure

Registration number: 13834395

Statement Properties Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 January 2026

Statement Properties Ltd

Contents

Balance Sheet | 1
Notes to the Unaudited Financial Statements | 2 to 4

Statement Properties Ltd

(Registration number: 13834395)
Balance Sheet as at 31 January 2026

| Note | 2026 £ | 2025 £
Fixed assets |  |  |
Investment property | 4 | 290,889 | 290,889
Current assets |  |  |
Cash at bank and in hand |  | 3,096 | 100
Creditors: Amounts falling due within one year | 5 | (90,355) | (92,697)
Net current liabilities |  | (87,259) | (92,597)
Total assets less current liabilities |  | 203,630 | 198,292
Creditors: Amounts falling due after more than one year | 5 | (204,713) | (204,713)
Net liabilities |  | (1,083) | (6,421)
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | (1,183) | (6,521)
Shareholders' deficit |  | (1,083) | (6,421)

For the financial year ending 31 January 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 16 July 2026 and signed on its behalf by:

......................................... Mr B J McClay Director

Statement Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Elm Court
Sonning Common
Reading
RG4 9ND

These financial statements were authorised for issue by the Board on 16 July 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared in sterling (£) using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Statement Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

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

4 | Investment properties

| 2026 £
At 1 February | 290,889
At 31 January | 290,889

There has been no valuation of investment property by an independent valuer.

Statement Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

5 | Creditors

Creditors: amounts falling due within one year

| Note | 2026 £ | 2025 £
Due within one year |  |  |
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 26,087 | 26,087
Accruals and deferred income |  | 760 | 360
Other creditors |  | 63,508 | 66,250
|  | 90,355 | 92,697

Creditors: amounts falling due after more than one year

| Note | 2026 £ | 2025 £
Due after one year |  |  |
Loans and borrowings | 6 | 204,713 | 204,713

6 | Loans and borrowings

Non-current loans and borrowings

| 2026 £ | 2025 £
Bank borrowings | 204,713 | 204,713