REGISTERED NUMBER: 07713778 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Zephyr Property Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J L Cole

Miss M N Cole

REGISTERED OFFICE:

c/o Ency Associates

Printware Court

Cumberland Business Centre

Portsmouth

Hampshire

PO5 1DS

REGISTERED NUMBER:

07713778 (England and Wales)

ACCOUNTANTS:

Ency Associates

Chartered Certified Accountants

Printware Court

Cumberland Business Centre

Northumberland Road

Portsmouth

Hampshire

PO5 1DS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

5,904

6,946

5,904

6,946

CURRENT ASSETS

Debtors

6

7,965

29,286

Investments

7

57,840

55,454

Cash at bank

28,287

22,928

94,092

107,668

CREDITORS

Amounts falling due within one year

8

34,728

32,911

NET CURRENT ASSETS

59,364

74,757

TOTAL ASSETS LESS CURRENT LIABILITIES

65,268

81,703

PROVISIONS FOR LIABILITIES

1,565

1,841

NET ASSETS

63,703

79,862

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

63,701

79,860

SHAREHOLDERS' FUNDS

63,703

79,862

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 20 July 2026 and were signed on its behalf by:

Mrs J L Cole - Director

1.	STATUTORY INFORMATION

Zephyr Property Management 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 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.

Turnover

Fee income represents revenue earned under a wide variety of contracts to provide professional services. Revenue is recognised as earned when, and to the extent that, the firm obtains the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to clients, including expenses and disbursements but excluding value added tax.

Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts the amount of revenue reflects the accrual of the right to consideration by reference to the value of work performed. Revenue not billed to clients is included in debtors and payments on account in excess of the relevant amount of revenue are included in creditors.

Fee income that is contingent on events outside the control of the firm is recognised when the contingent event occurs.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Equipment

-

15% on reducing balance

Fixtures & fittings

-

15% on reducing balance

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.

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

25,729

AMORTISATION

At 1 January 2025

and 31 December 2025

25,729

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Equipment

& fittings

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

10,738

1,539

12,277

DEPRECIATION

At 1 January 2025

4,885

446

5,331

Charge for year

878

164

1,042

At 31 December 2025

5,763

610

6,373

NET BOOK VALUE

At 31 December 2025

4,975

929

5,904

At 31 December 2024

5,853

1,093

6,946

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

183

261

Other debtors

7,782

29,025

7,965

29,286

7.	CURRENT ASSET INVESTMENTS

31.12.25

31.12.24

£

£

Unlisted investments

57,840

55,454

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Taxation and social security

31,979

29,527

Other creditors

2,749

3,384

34,728

32,911

Client account bank accounts totalled £1,614,608 (2024 - £1,385,867) at the year end.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.12.25

31.12.24

£

£

Mrs J L Cole

Balance outstanding at start of year

6,856

18,168

Amounts repaid

(6,856

)

(11,312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

6,856

Miss M N Cole

Balance outstanding at start of year

6,882

18,194

Amounts repaid

(6,882

)

(11,312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

6,882

10.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.