Company registration number:
11220655
Subset Management Ltd
Unaudited filleted financial statements
31 December 2025
Subset Management Ltd
Contents
Statement of financial position and notes to the financial statements
Subset Management Ltd
Statement of financial position
31 December 2025
|
|
|
2025 |
|
|
2024 |
|
|
|
|
£ |
£ |
|
£ |
£ |
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
|
201,904 |
|
|
206,595 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
|
Current assets |
|
|
4,092 |
|
|
2,209 |
|
|
Prepayments and accrued income |
|
|
125 |
|
|
1,747 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
4,217 |
|
|
3,956 |
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
|
(
108,882) |
|
|
(
101,837) |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
|
Net current liabilities |
|
|
|
(
104,665) |
|
|
(
97,881) |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
|
Total assets less current liabilities |
|
|
|
97,239 |
|
|
108,714 |
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due after more than one year |
|
|
|
(
146,927) |
|
|
(
149,218) |
|
|
|
|
|
|
|
|
|
Accruals and deferred income |
|
|
|
(
950) |
|
|
(
950) |
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
|
_______ |
|
Net liabilities |
|
|
|
(
50,638) |
|
|
(
41,454) |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
|
(
50,638) |
|
|
(
41,454) |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Notes to the financial statements
Subset Management Ltd
Year ended 31 December 2025
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2024:
1
).
2.
Other financial commitments
Included in tangible assets is a property with a carrying value of £201,904. The property was financed with a mortgage and is therefore secured with fixed and floating charges against the outstanding debt. The total carrying value of this debt at the reporting date was £149,357.
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 responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
11 September 2026
, and are signed on behalf of the board by:
Mr Meng Ghee Tan
Director
Company registration number:
11220655
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 8 Nash Street, Manchester, M15 5NZ.