REGISTERED NUMBER: 01247603 (England and Wales)

Conquest Workspaces Limited

Unaudited Financial Statements

for the Year Ended 31 March 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R S Adey

K D Jones

SECRETARY:

REGISTERED OFFICE:

5 Fitzherbert Road

Farlington

Portsmouth

Hampshire

PO6 1RU

REGISTERED NUMBER:

01247603 (England and Wales)

ACCOUNTANTS:

Barter Durgan

Chartered Accountants

10 Victoria Road South

Southsea

Hampshire

PO5 2DA

FIXED ASSETS

Tangible assets

4

2,150,000

869,400

CURRENT ASSETS

Debtors

5

13,215

-

Cash at bank

12,881

148,950

26,096

148,950

CREDITORS

Amounts falling due within one year

6

202,791

314,959

NET CURRENT LIABILITIES

(176,695

)

(166,009

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,973,305

703,391

CREDITORS

Amounts falling due after more than one year

7

1,974,852

967,289

NET LIABILITIES

(1,547

)

(263,898

)

CAPITAL AND RESERVES

Called up share capital

950

950

Revaluation reserve

8

220,565

-

Retained earnings

(223,062

)

(264,848

)

SHAREHOLDERS' FUNDS

(1,547

)

(263,898

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2026 and were signed on its behalf by:

J P Adey - Director

1.	STATUTORY INFORMATION

Conquest Workspaces 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business has been fully amortised in the current year.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Freehold property

-

2% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST OR VALUATION

At 1 April 2025

945,000

Additions

984,435

Revaluations

220,565

At 31 March 2026

2,150,000

DEPRECIATION

At 1 April 2025

75,600

Charge for year

(75,600

)

At 31 March 2026

-

NET BOOK VALUE

At 31 March 2026

2,150,000

At 31 March 2025

869,400

Cost or valuation at 31 March 2026 is represented by:

Freehold

property

£

Valuation in 2026

220,565

Cost

1,929,435

2,150,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

13,215

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

807

-

Trade creditors

173,527

196,607

Social security and other taxes

(8,703

)

-

VAT

7,847

118,352

Other creditors

1,161

-

Due to related company

12,752

-

Accruals and deferred income

15,400

-

202,791

314,959

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 2-5 years

1,429,852

429,289

Other loans - 1-2 years

545,000

538,000

1,974,852

967,289

8.

RESERVES

Revaluation

reserve

£

Bonus share issue

220,565

At 31 March 2026

220,565