REGISTERED NUMBER: 13032358 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Michael Poole Property Consultants

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R M Poole

J M Poole

D Poole

REGISTERED OFFICE:

64-66 Borough Road

Middlesbrough

United Kingdom

Cleveland

TS1 2JH

REGISTERED NUMBER:

13032358 (England and Wales)

ACCOUNTANTS:

Anderson Barrowcliff Limited

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

FIXED ASSETS

Intangible assets

4

370,000

444,000

Tangible assets

5

667,369

43,323

1,037,369

487,323

CURRENT ASSETS

Debtors

6

202,826

218,086

Cash at bank

245,625

407,448

448,451

625,534

CREDITORS

Amounts falling due within one year

7

199,406

349,574

NET CURRENT ASSETS

249,045

275,960

TOTAL ASSETS LESS CURRENT LIABILITIES

1,286,414

763,283

CREDITORS

Amounts falling due after more than one year

8

(768,998

)

(258,605

)

PROVISIONS FOR LIABILITIES

(15,255

)

(8,708

)

NET ASSETS

502,161

495,970

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

502,061

495,870

SHAREHOLDERS' FUNDS

502,161

495,970

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2026 and were signed on its behalf by:

J M Poole - Director

1.	STATUTORY INFORMATION

Michael Poole Property Consultants 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.

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

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.

Turnover

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

Income is recognised on completion of a property sale as this is the point at which the company becomes contractually entitled to the income.

Management fee income represents amounts invoiced for sales of services and is recognised when the services have been completed and the company has the right to receive the consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of 10 years.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Plant and machinery

-

15% on cost

Fixtures and fittings

-

15% on cost

Computer equipment

-

33% on cost

Freehold property is not depreciated. Although this is not in accordance with FRS 102 section 17.18 the properties are always kept in a good state of repair and the directors believe that the market value is in excess of carrying value.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable are recorded at transaction price. Any losses arising from impairment are recognised in the income statement in other administrative expenses.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2025 - 38 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

740,000

AMORTISATION

At 1 April 2025

296,000

Charge for year

74,000

At 31 March 2026

370,000

NET BOOK VALUE

At 31 March 2026

370,000

At 31 March 2025

444,000

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 April 2025

-

36,807

-

Additions

600,371

-

3,026

At 31 March 2026

600,371

36,807

3,026

DEPRECIATION

At 1 April 2025

-

7,956

-

Charge for year

-

3,681

207

At 31 March 2026

-

11,637

207

NET BOOK VALUE

At 31 March 2026

600,371

25,170

2,819

At 31 March 2025

-

28,851

-

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

19,188

-

7,508

63,503

Additions

2,035

8,667

24,625

638,724

At 31 March 2026

21,223

8,667

32,133

702,227

DEPRECIATION

At 1 April 2025

10,289

-

1,935

20,180

Charge for year

3,093

321

7,376

14,678

At 31 March 2026

13,382

321

9,311

34,858

NET BOOK VALUE

At 31 March 2026

7,841

8,346

22,822

667,369

At 31 March 2025

8,899

-

5,573

43,323

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

125,809

153,871

Other debtors

77,017

64,215

202,826

218,086

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

37,097

44,449

Taxation and social security

133,534

278,917

Other creditors

28,775

26,208

199,406

349,574

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

768,998

258,605

Included in loans more than 1 year there is £230,669 due over 5 years.

9.	SECURED DEBTS

The mortgage is secured by way of fixed and floating charges over all of the properties.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

1

100

100

11.	OTHER FINANCIAL COMMITMENTS

Minimum lease payments fall due as follows:

Non-cancellable operating leases

2026

2025

£

£

Within one year

8,573

28,128

Between one and five years

31,518

40,091

40,091

68,219