Registration number: 09702448

The Property Business Ltd.

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

The Property Business Ltd.

Company Information

Director

Ms Beth Emma Harris

Registered office

40 Western Elms Avenue Reading Berkshire RG30 2AN

Accountants

RiverView Portfolio Limited 1 Market Hill Calne Wiltshire SN11 0BT

The Property Business Ltd.

(Registration number: 09702448)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	-	97
Investment property	5	1,195,000	1,232,940
		1,195,000	1,233,037
Current assets
Debtors	6	1,596	498
Cash at bank and in hand		2,716	4,792
		4,312	5,290
Creditors: Amounts falling due within one year	7	(2,102)	(1,477)
Net current assets		2,210	3,813
Total assets less current liabilities		1,197,210	1,236,850
Creditors: Amounts falling due after more than one year	7	(1,302,880)	(1,288,252)
Provisions for liabilities		-	(4,759)
Net liabilities		(105,670)	(56,161)
Capital and reserves
Called up share capital		1	1
Revaluation reserve		-	20,286
Retained earnings		(105,671)	(76,448)
Shareholders' deficit		(105,670)	(56,161)

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges her 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 7 July 2026
 

The Property Business Ltd.

(Registration number: 09702448)
Balance Sheet as at 31 July 2025 (continued)

......................................... Ms Beth Emma Harris Director

The Property Business Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

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:
40 Western Elms Avenue
Reading
Berkshire
RG30 2AN

These financial statements were authorised for issue by the director on 7 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office equipment	25% Straight line
Computer Equipment	25% Straight line
Furniture & Fittings	25% Straight line

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.

The Property Business Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

2	Accounting policies (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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.

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 the director) during the year, was 0 (2024 - 0).

The Property Business Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 August 2024	6,273	6,273
Disposals	(3,274)	(3,274)
At 31 July 2025	2,999	2,999
Depreciation
At 1 August 2024	6,176	6,176
Charge for the year	97	97
Eliminated on disposal	(3,274)	(3,274)
At 31 July 2025	2,999	2,999
Carrying amount
At 31 July 2025	-	-
At 31 July 2024	97	97

5	Investment properties

	2025 £
At 1 August	1,232,940
Fair value adjustments	(37,940)
At 31 July	1,195,000

The fair value of the property at 31st July 2025 has been arrived at on the basis of a valuation carried out at that date by the director of the company, who is not a professionally qualified valuer. The valuation of £1,195,000 was arrived at by reference to the market evidence of transaction prices for similar properties in its location the property is situated

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

6

Debtors

The Property Business Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

6	Debtors (continued)

Current	Note	2025 £	2024 £
Amounts owed by related parties		1,093	-
Prepayments		503	498
		1,596	498

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	(188)	-
Accruals and deferred income	1,540	1,477
Other creditors	750	-
	2,102	1,477

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	1,302,880	1,288,252

8

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on property, plant and equipment revaluation	(20,286)	(20,286)

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

	Revaluation reserve £	Total £
Surplus/deficit on property, plant and equipment revaluation	9,768	9,768

The Property Business Ltd.

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

9	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Other borrowings	1,302,880	1,288,252