Surge Property Venture Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11588653

Surge Property Venture Limited

Filleted Unaudited Financial Statements

31 December 2025

Surge Property Venture Limited

Financial Statements

Year ended 31 December 2025

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	4

Surge Property Venture Limited

Officers and Professional Advisers

The board of directors	Mrs S Bajracharya
	Mr G Freeman
	Mrs R J Freeman
	Mr E Uddin

Registered office	4 Hartley Avenue
	Prestwich
	Manchester
	M25 0AT

Accountants	Rose, Chartered Accountants

	92a Bury Old Road
	Whitefield
	Manchester
	M45 6TQ

Company number 11588653

Surge Property Venture Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		332,138	332,851

Current assets

Debtors	6	20,527	15,227
Cash at bank and in hand		384	1,113
		--------	--------
		20,911	16,340

Creditors: amounts falling due within one year	7	991		4,091
		--------		--------
Net current assets			19,920	12,249
			---------	---------
Total assets less current liabilities			352,058	345,100

Creditors: amounts falling due after more than one year	8		( 254,727)	( 246,370)

Provisions

Taxation including deferred tax	41,184	41,184
	---------	---------
Net assets	56,147	57,546
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	56,047	57,446
	--------	--------
Shareholder funds	56,147	57,546
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Surge Property Venture Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 9 September 2026 , and are signed on behalf of the board by:

Mr G Freeman

Director

Company registration number: 11588653

Surge Property Venture Limited

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4 Hartley Avenue, Prestwich, Manchester, M25 0AT.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2024: 4 ).

5. Tangible assets

	Freehold property	Fixtures and fittings	Total
	£	£	£
Cost or valuation
At 1 January 2025 and 31 December 2025	330,000	14,318	344,318
	---------	--------	---------
Depreciation
At 1 January 2025	–	11,467	11,467
Charge for the year	–	713	713
	---------	--------	---------
At 31 December 2025	–	12,180	12,180
	---------	--------	---------
Carrying amount
At 31 December 2025	330,000	2,138	332,138
	---------	--------	---------
At 31 December 2024	330,000	2,851	332,851
	---------	--------	---------

6. Debtors

	2025	2024
	£	£
Other debtors	20,527	15,227
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Other creditors	991	4,091
	----	-------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	254,727	246,370
	---------	---------

9. Directors' advances, credits and guarantees

At 31 December 2025 the company owed £91 (31 December 2024: £3,191) to the directors of the company. The amounts are interest free and repayable on demand.