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Company Registration No. 13105123 (England and Wales)
Property Management Freedom Ltd Unaudited accounts for the year ended 31 December 2025
Property Management Freedom Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Property Management Freedom Ltd Company Information for the year ended 31 December 2025
Director
Adegoke Stephen Olusola
Company Number
13105123 (England and Wales)
Registered Office
60 Thorold Road CHATHAM ME5 7EB UNITED KINGDOM
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Property Management Freedom Ltd Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
54,920
-
Current assets
Debtors
5
134
100
Cash at bank and in hand
814
1,261
948
1,361
Creditors: amounts falling due within one year
6
-
(70)
Net current assets
948
1,291
Total assets less current liabilities
55,868
1,291
Creditors: amounts falling due after more than one year
7
(79,209)
(18,102)
Net liabilities
(23,341)
(16,811)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(23,342)
(16,812)
Shareholders' funds
(23,341)
(16,811)
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 August 2026 and were signed on its behalf by
Adegoke Stephen Olusola Director Company Registration No. 13105123
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Property Management Freedom Ltd Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Property Management Freedom Ltd is a private company, limited by shares, registered in England and Wales, registration number 13105123. The registered office is 60 Thorold Road, CHATHAM, ME5 7EB, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
Tangible fixed assets and depreciation
“The company does not depreciate freehold property as the directors consider the useful life to be sufficiently long that depreciation is not material. The property is reviewed annually for impairment.”
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 January 2025
-
Additions
54,920
At 31 December 2025
54,920
Depreciation
At 31 December 2025
-
Net book value
At 31 December 2025
54,920
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
-
100
Amounts falling due after more than one year
Other debtors
134
-
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Property Management Freedom Ltd Notes to the Accounts for the year ended 31 December 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
-
70
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
37,219
-
Other creditors
668
-
Loans from directors
41,322
18,102
79,209
18,102
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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