Company No: 10524856 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Monica Howard
	Fiorello Traferri
	Michael Traferri
	Susan Traferri

REGISTERED OFFICE	72 Pople Street
	Wymondham
	NR18 0LP
	United Kingdom

COMPANY NUMBER

10524856 (England and Wales)

CHARTERED ACCOUNTANTS	Gascoynes
	Gascoyne House
	Moseleys Farm Business Centre
	Fornham All Saints
	Bury St Edmunds
	Suffolk
	IP28 6JY

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	1,978,805		1,929,130
		1,978,805		1,929,130
Current assets
Debtors	4	946		1,405
Cash at bank and in hand		318,022		274,503
		318,968		275,908
Creditors: amounts falling due within one year	5	( 18,724)		( 22,782)
Net current assets		300,244		253,126
Total assets less current liabilities		2,279,049		2,182,256
Provision for liabilities		( 26,958)		( 17,520)
Net assets		2,252,091		2,164,736
Capital and reserves
Called-up share capital	6	1,729,020		1,729,020
Revaluation reserve		121,000		121,000
Profit and loss account		402,071		314,716
Total shareholders' funds		2,252,091		2,164,736

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Pople Properties Limited (registered number: 10524856) were approved and authorised for issue by the Board of Directors on 28 August 2026. They were signed on its behalf by:

Susan Traferri Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Pople Properties Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 72 Pople Street, Wymondham, NR18 0LP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Investment property	not depreciated
Plant and machinery	20 % reducing balance
Vehicles	25 % reducing balance
Office equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Tangible assets

	Investment property		Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£		£
Cost
At 01 April 2025	1,927,922		2,570		2,230		2,201		1,934,923
Revaluations	50,000		0		0		0		50,000
At 31 March 2026	1,977,922		2,570		2,230		2,201		1,984,923
Accumulated depreciation
At 01 April 2025	0		1,920		2,007		1,866		5,793
Charge for the financial year	0		130		56		139		325
At 31 March 2026	0		2,050		2,063		2,005		6,118
Net book value
At 31 March 2026	1,977,922		520		167		196		1,978,805
At 31 March 2025	1,927,922		650		223		335		1,929,130

4. Debtors

	2026		2025
	£		£
Other debtors	946		1,405

5. Creditors: amounts falling due within one year

	2026		2025
	£		£
Taxation and social security	13,306		18,576
Other creditors	5,418		4,206
	18,724		22,782

6. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
614,510 A ordinary shares of £ 1.00 each	614,510		614,510
664,510 B ordinary shares of £ 1.00 each	664,510		664,510
250,000 C ordinary shares of £ 1.00 each	250,000		250,000
200,000 D ordinary shares of £ 1.00 each	200,000		200,000
	1,729,020		1,729,020