REGISTERED NUMBER: 04465981 (England and Wales)

PSA PROPERTIES LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

Mr P Allison

Miss M K Toon

REGISTERED OFFICE:

81 Burton Road

Derby

Derbyshire

DE1 1TJ

REGISTERED NUMBER:

04465981 (England and Wales)

ACCOUNTANTS:

Johnson Tidsall Limited

Chartered Accountants

81 Burton Road

Derby

Derbyshire

DE1 1TJ

FIXED ASSETS

Tangible assets

4

8,514

9,850

Investment property

5

1,350,000

1,350,000

1,358,514

1,359,850

CURRENT ASSETS

Debtors

6

187,350

164,902

Cash at bank

116,339

92,816

303,689

257,718

CREDITORS

Amounts falling due within one year

7

507,172

515,864

NET CURRENT LIABILITIES

(203,483

)

(258,146

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,155,031

1,101,704

PROVISIONS FOR LIABILITIES

55,964

65,613

NET ASSETS

1,099,067

1,036,091

CAPITAL AND RESERVES

Called up share capital

8

1

1

Fair value reserve

9

342,058

332,409

Retained earnings

757,008

703,681

SHAREHOLDERS' FUNDS

1,099,067

1,036,091

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2026 and were signed on its behalf by:

Mr P Allison - Director

1.	STATUTORY INFORMATION

PSA Properties Ltd 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.

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

-

15% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

33% on cost

Tangible fixed assets are stated at cost or deemed cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 May 2025

9,261

12,850

8,739

30,850

Additions

-

-

245

245

At 30 April 2026

9,261

12,850

8,984

31,095

DEPRECIATION

At 1 May 2025

9,261

3,000

8,739

21,000

Charge for year

-

1,500

81

1,581

At 30 April 2026

9,261

4,500

8,820

22,581

NET BOOK VALUE

At 30 April 2026

-

8,350

164

8,514

At 30 April 2025

-

9,850

-

9,850

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2025

and 30 April 2026

1,350,000

NET BOOK VALUE

At 30 April 2026

1,350,000

At 30 April 2025

1,350,000

Fair value at 30 April 2026 is represented by:

£

Valuation in 2026

1,350,000

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

2026

2025

£

£

Cost

951,978

951,978

The investment properties were valued on an open market basis on 30 April 2026 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,418

5,725

Other debtors

170,463

145,463

Directors' current accounts

15,319

13,575

Prepayments and accrued income

150

139

187,350

164,902

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

299,476

340,017

Corporation tax

76,683

51,316

VAT

18,806

12,596

Other creditors

109,716

109,716

Accruals and deferred income

2,491

2,219

507,172

515,864

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

1

Ordinary

£1

1

1

9.

RESERVES

Fair

value

reserve

£

At 1 May 2025

332,409

Transfer

9,649

At 30 April 2026

342,058

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2026 and 30 April 2025:

2026

2025

£

£

Mr P Allison

Balance outstanding at start of year

13,575

14,033

Amounts advanced

15,494

14,542

Amounts repaid

(13,750

)

(15,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

15,319

13,575