REGISTERED NUMBER: 05880238 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Profile Housing Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M N Carr

D H Ward

REGISTERED OFFICE:

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

REGISTERED NUMBER:

05880238 (England and Wales)

ACCOUNTANTS:

Willsons

Chartered Accountants

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

FIXED ASSETS

Investment property

4

600,000

597,500

CURRENT ASSETS

Debtors

5

338

2,700

Cash at bank

96,656

93,865

96,994

96,565

CREDITORS

Amounts falling due within one year

6

1,934

2,704

NET CURRENT ASSETS

95,060

93,861

TOTAL ASSETS LESS CURRENT LIABILITIES

695,060

691,361

CREDITORS

Amounts falling due after more than one year

7

(332,837

)

(332,832

)

PROVISIONS FOR LIABILITIES

(40,993

)

(40,368

)

NET ASSETS

321,230

318,161

CAPITAL AND RESERVES

Called up share capital

9

8

8

Non-distributable reserve

10

232,224

232,224

Retained earnings

10

88,998

85,929

SHAREHOLDERS' FUNDS

321,230

318,161

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 17 August 2026 and were signed on its behalf by:

M N Carr - Director

1.	STATUTORY INFORMATION

Profile Housing 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 represents the rental income due to the company for the period.

Investment property

The Investment property is shown at fair value as valued by the directors at the balance sheet date. Any change in fair value is shown within the profit and loss account.

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.

The deferred tax liability on the balance sheet reflects the potential tax liability on the disposal of the investment properties at their fair value.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

597,500

Revaluations

2,500

At 31 March 2026

600,000

NET BOOK VALUE

At 31 March 2026

600,000

At 31 March 2025

597,500

5.

DEBTORS

31.3.26

31.3.25

£

£

Amounts falling due within one year:

Other debtors

8

2,008

Prepayments

330

362

338

2,370

Amounts falling due after more than one year:

Prepayments

-

330

Aggregate amounts

338

2,700

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

66

-

Corporation Tax

79

-

Other creditors

-

980

Accrued expenses

1,789

1,724

1,934

2,704

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Mortgages - 2-5 years

332,837

332,832

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Other loans

332,837

332,832

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

8

Ordinary

£1

8

8

10.

RESERVES

Retained

Non-distributable

earnings

reserve

Totals

£

£

£

At 1 April 2025

85,929

232,224

318,153

Profit for the year

3,069

-

3,069

At 31 March 2026

88,998

232,224

321,222

The Non-distributable reserve reflects the fair value movements in investment properties, as adjusted for the deferred tax effect. This reserve is not available for distribution as dividends.