REGISTERED NUMBER: 03130404 (England and Wales)

Financial Statements for the Year Ended 30 November 2025

for

Reflexshift Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Harris

REGISTERED OFFICE:

Suite 5, First Floor

1 Beevor Court

Off Pontefract Road

Barnsley

South Yorkshire

S71 1HG

REGISTERED NUMBER:

03130404 (England and Wales)

ACCOUNTANTS:

Paul Howley & Co Ltd

Chartered Certified Accountants

Suite 5, First Floor

1 Beevor Court

Off Pontefract Road

Barnsley

South Yorkshire

S71 1HG

FIXED ASSETS

Tangible assets

3

20,188

24,525

Investment property

4

1,110,000

1,110,000

1,130,188

1,134,525

CURRENT ASSETS

Debtors

5

261,042

257,425

Cash at bank

13,268

12,787

274,310

270,212

CREDITORS

Amounts falling due within one year

6

106,744

106,536

NET CURRENT ASSETS

167,566

163,676

TOTAL ASSETS LESS CURRENT LIABILITIES

1,297,754

1,298,201

CREDITORS

Amounts falling due after more than one year

7

-

(4,863

)

PROVISIONS FOR LIABILITIES

(32,497

)

(30,537

)

NET ASSETS

1,265,257

1,262,801

CAPITAL AND RESERVES

Called up share capital

15,000

15,000

Fair value reserve

8

295,300

295,300

Retained earnings

954,957

952,501

SHAREHOLDERS' FUNDS

1,265,257

1,262,801

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 29 June 2026 and were signed by:

S Harris - Director

1.	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 represents rental income receivable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost, 20% on reducing balance and 15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2024

59,298

Additions

1,019

At 30 November 2025

60,317

DEPRECIATION

At 1 December 2024

34,773

Charge for year

5,356

At 30 November 2025

40,129

NET BOOK VALUE

At 30 November 2025

20,188

At 30 November 2024

24,525

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2024

and 30 November 2025

1,110,000

NET BOOK VALUE

At 30 November 2025

1,110,000

At 30 November 2024

1,110,000

Fair value at 30 November 2025 is represented by:

£

Valuation in 2006

17,184

Valuation in 2013

12,786

Valuation in 2022

295,363

Cost

784,667

1,110,000

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

30.11.25

30.11.24

£

£

Cost

784,667

784,667

Aggregate depreciation

(201,085

)

(185,420

)

Investment properties were valued on an open market basis on 30 November 2025 by the director, S Harris .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

469

247

Other debtors

260,573

257,178

261,042

257,425

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

4,863

9,545

Trade creditors

582

72

Taxation and social security

473

-

Other creditors

100,826

96,919

106,744

106,536

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans

-

4,863

8.

RESERVES

Fair

value

reserve

£

At 1 December 2024

and 30 November 2025

295,300