| REGISTERED NUMBER: |
| CENTRICK PROPERTY SALES LIMITED |
| Financial Statements for the Year Ended 31 December 2025 |
| REGISTERED NUMBER: |
| CENTRICK PROPERTY SALES LIMITED |
| Financial Statements for the Year Ended 31 December 2025 |
| CENTRICK PROPERTY SALES LIMITED (REGISTERED NUMBER: 06438367) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| CENTRICK PROPERTY SALES LIMITED |
| Company Information |
| for the Year Ended 31 December 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| 59-61 Charlotte Street |
| St Pauls Square |
| Birmingham |
| West Midlands |
| B3 1PX |
| CENTRICK PROPERTY SALES LIMITED (REGISTERED NUMBER: 06438367) |
| Balance Sheet |
| 31 December 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| CENTRICK PROPERTY SALES LIMITED (REGISTERED NUMBER: 06438367) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2025 |
| 1. | STATUTORY INFORMATION |
| Centrick Property Sales Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| 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. |
| CENTRICK PROPERTY SALES LIMITED (REGISTERED NUMBER: 06438367) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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 plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations. |
| The contributions are recognised as an expense in the profit and loss account when they fall due. Amounts not paid are shown as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. |
| Financial instruments |
| The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties. |
| All financial assets and liabilities are initially measured at transaction price and subsequently measured at amortised cost. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Computer |
| software |
| £ |
| COST |
| At 1 January 2025 |
| and 31 December 2025 |
| AMORTISATION |
| At 1 January 2025 |
| Amortisation for year |
| At 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| CENTRICK PROPERTY SALES LIMITED (REGISTERED NUMBER: 06438367) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 5. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Short | and | Computer |
| leasehold | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 January 2025 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 31 December 2025 |
| DEPRECIATION |
| At 1 January 2025 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| At 31 December 2024 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| Deferred tax asset |
| Prepayments and accrued income |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Amounts owed to group undertakings |
| Social security and other taxes |
| Other creditors |
| Accruals and deferred income |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans - 1-2 years |
| CENTRICK PROPERTY SALES LIMITED (REGISTERED NUMBER: 06438367) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| 10. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 11. | ULTIMATE PARENT COMPANY |
| The largest group in which these accounts are consolidated is in that of Centrick Group Holdings Limited, 2nd Floor, The Exchange, 17-19 Newhall Street, Birmingham, B3 3PJ, UK, which is the ultimate parent company. |
| 12. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is Norvestor SPV, Filipstad Brygge 2, 0252, Oslo, Norway.65 |
| CENTRICK PROPERTY SALES LIMITED (REGISTERED NUMBER: 06438367) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 13. | SHARE-BASED PAYMENT TRANSACTIONS |
| The Group operates an HMRC approved executive management incentive plan (EMI). |
| The vesting conditions are based on shareholder exit. The scheme was agreed by all parties on the 14 May 2021. |
| 1 new options was granted during the year. |
| All share options have been exercised during the period. The number and weighted average exercise price of share options are as follows: |
| 2025 | 2025 |
| Weighted average | Number of options |
| exercise price (pounds per share) | (number of shares) |
| Outstanding at start of the period | 0.00 | 0.00 |
| Transferred from fellow subsidiary | 5,000 | 2.00 |
| Granted during the period | 160 | 1.00 |
| Lapsed during the period | 0.00 | 0.00 |
| Exercised during the year | 3,387 | 3.00 |
| Outstanding at end of the period | - | - |
| Exercisable at end of the period | - |
| Charge to the profit and loss account |
| The total expense that has been recognised in profit or loss for the period in respect of share-based payment transactions, included in administrative expenses, comprises: |
| 2025 | 2024 |
| £ | £ |
| Share-based payments charges | 116,164 | nil |
| All options were exercised during the year. |