REGISTERED NUMBER: 11651594 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

PSC REAL ESTATE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

7

DIRECTORS:

Miss C E Beauchamp-Ward

P V James

REGISTERED OFFICE:

67 Highgate High Street

London

N6 5JX

REGISTERED NUMBER:

11651594 (England and Wales)

ACCOUNTANTS:

MDH

Chartered Certified Accountants

21 Stafford Road

Croydon

Surrey

CR0 4NG

FIXED ASSETS

Tangible assets

4

5,780

9,269

CURRENT ASSETS

Debtors

5

98,397

87,922

Cash at bank

10,450

26,436

108,847

114,358

CREDITORS

Amounts falling due within one year

6

151,500

132,343

NET CURRENT LIABILITIES

(42,653

)

(17,985

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(36,873

)

(8,716

)

CREDITORS

Amounts falling due after more than one year

7

-

(3,104

)

PROVISIONS FOR LIABILITIES

-

(2,317

)

NET LIABILITIES

(36,873

)

(14,137

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

(36,973

)

(14,237

)

SHAREHOLDERS' FUNDS

(36,873

)

(14,137

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 27 July 2026 and were signed on its behalf by:

P V James - Director

Miss C E Beauchamp-Ward - Director

1.	STATUTORY INFORMATION

PSC Real Estate 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 accounts have been prepared on a going concern basis, on the understanding that the director will continue to financially support the company will any ongoing liabilities.

Turnover

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

Tangible fixed assets

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

Fixtures and fittings

-

33% on cost

Computer equipment

-

20% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

12,334

DEPRECIATION

At 1 November 2024

3,065

Charge for year

3,489

At 31 October 2025

6,554

NET BOOK VALUE

At 31 October 2025

5,780

At 31 October 2024

9,269

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Other debtors

98,397

87,922

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Bank loans and overdrafts

39,154

51,854

Trade creditors

6,821

-

Taxation and social security

105,525

75,221

Other creditors

-

5,268

151,500

132,343

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/25

31/10/24

£

£

Bank loans

-

3,104

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/25

31/10/24

value:

£

£

100

Ordinary

1

100

100

9.

RESERVES

Retained

earnings

£

At 1 November 2024

(14,237

)

Deficit for the year

(22,736

)

At 31 October 2025

(36,973

)

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2025 and 31 October 2024:

31/10/25

31/10/24

£

£

P V James

Balance outstanding at start of year

(1,071

)

11,284

Amounts advanced

39,270

9,645

Amounts repaid

(32,642

)

(22,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,557

(1,071

)

Miss C E Beauchamp-Ward

Balance outstanding at start of year

(440

)

9,460

Amounts advanced

35,142

100

Amounts repaid

(31,142

)

(10,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,560

(440

)

This loan of £5,557.42 to the director P James from the company was interest free and repaid within 9 months of the year end.

This loan of £3,560.23 to the director C Beauchamp-Ward from the company was interest free and repaid within 9 months of the year end.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is ultimate controlling party is shared equally between directors.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PSC Real Estate Limited for the year ended 31 October 2025 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of PSC Real Estate Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of PSC Real Estate Limited and state those matters that we have agreed to state to the Board of Directors of PSC Real Estate Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that PSC Real Estate Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of PSC Real Estate Limited. You consider that PSC Real Estate Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of PSC Real Estate Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

MDH

Chartered Certified Accountants

21 Stafford Road

Croydon

Surrey

CR0 4NG

27 July 2026