REGISTERED NUMBER: 04495463 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Balgores Property Services Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

P A Austin

M Gibbon

Mrs K Gibbon

SECRETARY:

M Gibbon

REGISTERED OFFICE:

10 High Street

Wickford

Essex

RM11 1RL

REGISTERED NUMBER:

04495463 (England and Wales)

ACCOUNTANTS:

Edison and Co

Chartered Certified Accountants

29 Herbert Road

Hornchurch

Essex

RM11 3LH

FIXED ASSETS

Intangible assets

4

90,000

-

Tangible assets

5

282,283

250,574

372,283

250,574

CURRENT ASSETS

Debtors

6

2,030,224

623,768

Cash at bank and in hand

2,735,322

3,280,010

4,765,546

3,903,778

CREDITORS

Amounts falling due within one year

7

780,253

754,483

NET CURRENT ASSETS

3,985,293

3,149,295

TOTAL ASSETS LESS CURRENT LIABILITIES

4,357,576

3,399,869

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

8

4,357,474

3,399,767

SHAREHOLDERS' FUNDS

4,357,576

3,399,869

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 10 August 2026 and were signed on its behalf by:

M Gibbon - Director

1.	STATUTORY INFORMATION

Balgores Property 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.

Turnover

Turnover represents net invoiced sales of services excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2025, 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.

Improvements to property

-

in accordance with the property

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

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 56 (2024 - 56 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

100,000

At 31 December 2025

100,000

AMORTISATION

Charge for year

10,000

At 31 December 2025

10,000

NET BOOK VALUE

At 31 December 2025

90,000

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

59,482

543,963

132,164

735,609

Additions

-

80,783

44,373

125,156

Disposals

-

-

(37,164

)

(37,164

)

At 31 December 2025

59,482

624,746

139,373

823,601

DEPRECIATION

At 1 January 2025

59,366

380,434

45,235

485,035

Charge for year

-

48,862

28,906

77,768

Eliminated on disposal

-

-

(21,485

)

(21,485

)

At 31 December 2025

59,366

429,296

52,656

541,318

NET BOOK VALUE

At 31 December 2025

116

195,450

86,717

282,283

At 31 December 2024

116

163,529

86,929

250,574

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

347,009

358,711

Other debtors

1,683,215

265,057

2,030,224

623,768

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

144,788

162,357

Taxation and social security

623,564

545,245

Other creditors

11,901

46,881

780,253

754,483

8.

RESERVES

Retained

earnings

£

At 1 January 2025

3,399,767

Profit for the year

957,707

At 31 December 2025

4,357,474