Express Property Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04386810 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Express Property Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A S Hammick

Mrs S I Hammick

G S Hammick

SECRETARY:

Mrs S I Hammick

REGISTERED OFFICE:

122 Winchcombe Street

Cheltenham

GL52 2NW

REGISTERED NUMBER:

04386810 (England and Wales)

ACCOUNTANTS:

Crossley and Co.

Richmond House

61 Hatherley Road

Cheltenham

Gloucestershire

GL51 6EG

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

43,280

39,775

43,280

39,775

CURRENT ASSETS

Debtors

6

134,108

166,664

Cash at bank and in hand

217,142

213,153

351,250

379,817

CREDITORS

Amounts falling due within one year

7

101,433

170,173

NET CURRENT ASSETS

249,817

209,644

TOTAL ASSETS LESS CURRENT
LIABILITIES

293,097

249,419

CREDITORS

Amounts falling due after more than one year

8

32,445

41,633

NET ASSETS

260,652

207,786

CAPITAL AND RESERVES

Called up share capital

9

150

Retained earnings

10

260,502

207,636

SHAREHOLDERS' FUNDS

260,652

207,786

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 9 August 2026 and were signed on its behalf by:

A S Hammick - Director

Mrs S I Hammick - Director

G S Hammick - Director

1.	STATUTORY INFORMATION

Express Property Services 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of four years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2025 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

10,000

AMORTISATION

At 1 April 2025

and 31 March 2026

10,000

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2025

9,001

13,017

54,961

53,069

130,048

Additions

5

352

12,195

685

13,237

At 31 March 2026

9,006

13,369

67,156

53,754

143,285

DEPRECIATION

At 1 April 2025

7,802

11,382

21,576

49,513

90,273

Charge for year

240

298

8,346

848

9,732

At 31 March 2026

8,042

11,680

29,922

50,361

100,005

NET BOOK VALUE

At 31 March 2026

964

1,689

37,234

3,393

43,280

At 31 March 2025

1,199

1,635

33,385

3,556

39,775

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

128,882

159,461

Prepayments

5,226

7,203

134,108

166,664

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade creditors

34,557

57,353

Tax

12,695

22,234

Social security and other taxes

9,819

6,635

VAT

23,076

27,847

Directors' current accounts

10,000

10,500

Accrued expenses

11,286

45,604

101,433

170,173

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.26

31.3.25

£

Bank loans - 1-2 years

15,982

20,301

Hire purchase contracts

16,463

21,332

32,445

41,633

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

150

'A'Ordinary

£1

150

10.

RESERVES

Retained

earnings

£

At 1 April 2025

207,636

Profit for the year

52,866

At 31 March 2026

260,502