REGISTERED NUMBER: 09861934 (England and Wales)

PATELS PROPERTY MANAGEMENT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 NOVEMBER 2025

Page

Balance Sheet

1

FIXED ASSETS

638,864

639,774

CURRENT ASSETS

10,287

8,837

CREDITORS

Amounts falling due within one year

(111,404

)

(121,817

)

NET CURRENT LIABILITIES

(101,117

)

(112,980

)

TOTAL ASSETS LESS CURRENT LIABILITIES

537,747

526,794

CREDITORS

Amounts falling due after more than one year

(558,633

)

(558,633

)

NET LIABILITIES

(20,886

)

(31,839

)

CAPITAL AND RESERVES

(20,886

)

(31,839

)

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Patels Property Management Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09861934

Registered office:

Churchgate House

3 Church Road

Whitchurch

Cardiff

SOUTH GLAMORGAN

CF14 2DX

The presentation currency of the financial statements is the Pound Sterling (£).

2.	AVERAGE NUMBER OF EMPLOYEES AND DIRECTORS

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

3.	TRANSACTION WITH DIRECTORS

As at 29 November 2025 the Company owed the director £36,727 (2024: £36,527) which is included within the creditors amounts falling due within one year.

The balance is interest free and repayable on demand.

4.	OTHER FINANCIAL COMMITMENTS

Secured Debts

Paratus AMC Limited hold a fixed charge and a negative pledge on the property that is in the company's name. The charge was created on 30 June 2017.

Personal Guarantees

Personal guarantees have been provided for the property in the company's name, by the director and one of the shareholders, they cover the full value of the outstanding mortgage.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 21 August 2026 and were signed by:

J Patel - Director