REGISTERED NUMBER: 12701077 (England and Wales)

CENTRICK VALUATION & PROFESSIONAL

SERVICES LIMITED

Financial Statements for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M G Sheppard

K Nolan

P A Johns

R K Khanna

G D Martin

V Rantala

REGISTERED OFFICE:

2nd Floor, The Exchange

17-19 Newhall Street

Birmingham

West Midlands

B3 3PJ

REGISTERED NUMBER:

12701077 (England and Wales)

AUDITORS:

BK Plus Audit Limited

59-61 Charlotte Street

St Pauls Square

Birmingham

West Midlands

B3 1PX

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

56,145

-

56,145

-

CURRENT ASSETS

Debtors

6

401,727

270,097

Cash at bank

45,630

-

447,357

270,097

CREDITORS

Amounts falling due within one year

7

450,127

435,803

NET CURRENT LIABILITIES

(2,770

)

(165,706

)

TOTAL ASSETS LESS CURRENT LIABILITIES

53,375

(165,706

)

PROVISIONS FOR LIABILITIES

14,036

-

NET ASSETS/(LIABILITIES)

39,339

(165,706

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

39,239

(165,806

)

39,339

(165,706

)

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 22 July 2026 and were signed on its behalf by:

R K Khanna - Director

1.	STATUTORY INFORMATION

Centrick Valuation & Professional Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

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.

Computer software is being amortised evenly over its estimated useful life of three years.

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

-

33% 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.

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 9 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 January 2025

and 31 December 2025

4,798

AMORTISATION

At 1 January 2025

and 31 December 2025

4,798

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

-

4,722

4,722

Additions

62,689

142

62,831

At 31 December 2025

62,689

4,864

67,553

DEPRECIATION

At 1 January 2025

-

4,722

4,722

Charge for year

6,666

20

6,686

At 31 December 2025

6,666

4,742

11,408

NET BOOK VALUE

At 31 December 2025

56,023

122

56,145

At 31 December 2024

-

-

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

298,828

133,170

Other debtors

-

5,460

Prepayments

102,899

131,467

401,727

270,097

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

16,238

Trade creditors

17,031

2,311

Amounts owed to group undertakings

288,838

339,845

Tax

-

9,229

Social security and other taxes

91,057

49,780

Other creditors

3,626

2,018

Accruals and deferred income

49,575

16,382

450,127

435,803

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdraft

-

16,238

The bank overdraft is secured via fixed and floating charges over all property and assets of the company.

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mr Arran Jones FCCA (Senior Statutory Auditor)

for and on behalf of BK Plus Audit Limited

10.	PARENT COMPANY

The largest group in which these accounts are consolidated is in that of PHM Group OY, Takomotie 1-3, Helsinki, FO-00380.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Norvestor SPV, Filipstad Brygge 2, 0252, Oslo, Norway.

12.	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 to fellow subsidiary

0.00

0.00

Granted during the period

160.00

1.00

Lapsed during the period

0.00

0.00

Exercised during the year

160.00

1.00

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

100,595

nil

All options were exercised during the year.