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REGISTERED NUMBER: 01214382 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

REEDS, SURVEYORS (SERVICES) LIMITED

REEDS, SURVEYORS (SERVICES) LIMITED (REGISTERED NUMBER: 01214382)

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 |

REEDS, SURVEYORS (SERVICES) LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTORS: | Mark Richard John Snowball

| David Mark Hurst

| SECRETARY: | David Mark Hurst

| REGISTERED OFFICE: | Chandler House

| 7 Ferry Road Office Park

| Riversway

| Preston

| Lancashire

| PR2 2YH

| REGISTERED NUMBER: | 01214382 (England and Wales)

| ACCOUNTANTS: | Wallwork Nelson & Johnson

| Chandler House

| 7 Ferry Road Office Park

| Riversway

| Preston

| Lancashire

| PR2 2YH

REEDS, SURVEYORS (SERVICES) LIMITED (REGISTERED NUMBER: 01214382)

BALANCE SHEET

31 DECEMBER 2025

| 31/12/25 | 31/12/24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investment property | 4 | 325,000 |  | 325,000 |  |

CURRENT ASSETS

Debtors | 5 | 164,016 |  | 249,770 |  |

CREDITORS

Amounts falling due within one year | 6 | 21,956 |  | 20,181 |  |

NET CURRENT ASSETS | 142,060 |  | 229,589 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 467,060 |  | 554,589 |  |

PROVISIONS FOR LIABILITIES | 9,329 |  | 9,329 |  |

NET ASSETS | 457,731 |  | 545,260 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 32,733 |  | 46,350 |  |

Capital redemption reserve | 8 | 27,267 |  | 13,650 |  |

Fair value reserve | 8 | 225,571 |  | 225,571 |  |

Retained earnings | 8 | 172,160 |  | 259,689 |  |

SHAREHOLDERS' FUNDS | 457,731 |  | 545,260 |  |

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 11 February 2026 and were signed on its behalf by:

David Mark Hurst - Director

REEDS, SURVEYORS (SERVICES) LIMITED (REGISTERED NUMBER: 01214382)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| Reeds, Surveyors (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.

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 as modified by the revaluation of certain assets.

| Turnover

| Turnover is the amount derived from ordinary activities, and stated after trade discounts and net of VAT, and comprises rental income and service charge income. Rental income arising from operating leases is recognised on a straight-line basis over the lease term on ongoing leases.

| Investment property

| Investment property is included at fair value. Gains and losses are recognised in the income statement. Deferred taxation is provided on gains at the rate expected to apply when the property is sold.

| 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.

| Lessor accounting

| Lease rentals are credited to the profit and loss account in the period to which they relate.

| Going concern

| The directors believe that the company has sufficient trade and financial resources to continue in operational existence for the foreseeable future. Thus the going concern basis of accounting in preparing the annual financial statements has been adopted.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

REEDS, SURVEYORS (SERVICES) LIMITED (REGISTERED NUMBER: 01214382)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1 January 2025

| and 31 December 2025 | 325,000 |  |

| NET BOOK VALUE

| At 31 December 2025 | 325,000 |  |

| At 31 December 2024 | 325,000 |  |

| Fair value at 31 December 2025 is represented by:

£ |

| Valuation in 2019 | 256,649 |  |

| Valuation in 2022 | 75,000 |  |

| Valuation in 2023 | (106,078 | ) |

| Cost | 99,429 |  |

325,000 |  |

| If investment properties had not been revalued they would have been included at the following historical cost:

| 31/12/25 |  | 31/12/24

£ | £ |

| Cost | 99,429 |  | 99,429 |  |

| Investment properties were valued on an open market basis on 31 December 2022 by HDAK, Chartered Surveyors .

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/12/25 |  | 31/12/24

£ | £ |

| Trade debtors | 7,405 |  | 4,803 |  |

| Other debtors | 153,811 |  | 242,592 |  |

| Prepayments and accrued income | 2,800 |  | 2,375 |  |

164,016 |  | 249,770 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31/12/25 |  | 31/12/24

£ | £ |

| Tax | 5,651 |  | 5,450 |  |

| VAT | 1,920 |  | 677 |  |

| Accrued expenses | 14,385 |  | 14,054 |  |

21,956 |  | 20,181 |  |

REEDS, SURVEYORS (SERVICES) LIMITED (REGISTERED NUMBER: 01214382)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31/12/25 |  | 31/12/24

| value: | £ | £ |

| 32,733 | Ordinary | £1 | 32,733 |  | 46,350 |  |

| (31/12/24 - 46,350 ) |  |

8. | RESERVES

| Capital |  | Fair |

| Retained |  | redemption |  | value |

| earnings |  | reserve |  | reserve |  | Totals

£ | £ | £ | £ |

| At 1 January 2025 | 259,689 |  | 13,650 |  | 225,571 |  | 498,910 |  |

| Profit for the year | 21,146 |  | 21,146 |  |

| Dividends | (6,547 | ) | (6,547 | ) |

| Purchase of own shares | (102,128 | ) | 13,617 |  | - |  | (88,511 | ) |

| At 31 December 2025 | 172,160 |  | 27,267 |  | 225,571 |  | 424,998 |  |

9. | ULTIMATE CONTROLLING PARTY

| None of the members have sufficient shareholding to exercise individual control of the company.