Reflection Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14455163

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		265,890		265,890
Investments	5		2		2

			265,892		265,892
CURRENT ASSETS
Debtors	6	136,553		132,580
Cash at bank and in hand		53,047		12,366

		189,600		144,946
Creditors: Amounts Falling Due Within One Year	7	(16,962 )		(616 )

NET CURRENT ASSETS (LIABILITIES)			172,638		144,330

TOTAL ASSETS LESS CURRENT LIABILITIES			438,530		410,222

Creditors: Amounts Falling Due After More Than One Year	8		(146,875 )		(69,575 )

NET ASSETS			291,655		340,647

CAPITAL AND RESERVES
Called up share capital	10		4		4
Profit and Loss Account			291,651		340,643

SHAREHOLDERS' FUNDS			291,655		340,647

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Reflection Properties Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Steven Moore

Director

23 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Reflection Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14455163 . The registered office is C/O Sempar, Office 2.026, Innovation Centre 7, Keele University, Keele, Staffordshire, ST5 5NU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from rental income.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs.

They are measured at fair value through profit and loss if the investments are publically traded or their fair value can

otherwise be measured reliably. Other investments are measured at cost less impairment.

2.5. Consolidation

The company has taken advantage of the option not to file consolidated financial statements contained in Section 398

of the Companies Act 2006 on the basis that the company and its subsidiary undertaking comprises a small group.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Investment Property

	2025
	£
Fair Value
As at 1 December 2024 and 30 November 2025	265,890

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024 as restated
	£	£
Cost	265,890	265,890

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Reflection Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 December 2024	2

As at 30 November 2025	2

Provision
As at 1 December 2024	-

As at 30 November 2025	-

Net Book Value
As at 30 November 2025	2

As at 1 December 2024	2

Investments represent shares in wholly owned subisdiay undertaking Wet Auditors Limited, a company incorporated in

England & Wales

6. Debtors

	2025	2024 as restated
	£	£
Due within one year
Prepayments and accrued income	2,512	747
Director's loan account	-	46,045
Amounts owed by group undertakings	134,041	85,788

	136,553	132,580

7. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Accruals and deferred income	654	616
Director's loan account	16,308	-

	16,962	616

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024 as restated
	£	£
Bank loans	146,875	69,575

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2025		2024 as restated
	£		£
Bank loans	146,875		-

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Reflection Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

9. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024 as restated
	£		£
Bank loans and overdrafts	146,875		69,575

10. Share Capital

	2025	2024 as restated
	£	£
Allotted, Called up and fully paid	4	4

11. Directors Advances, Credits and Guarantees

Total dividends paid to directors in the year were £40,700 (2024: £500).

12. Related Party Transactions

Included in debtors due within one year is a balance of £134,041 due to the parent (2024: £85,788).

Dividends received from subsidiary during the year were Nil (2024: £215,000).

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