Contents of the Financial Statements

for the Period Ended 31 December 2025

Balance sheet

As at 31 December 2025

The notes form part of these financial statements

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover comprises revenue in respect of goods and services supplied during the year, excluding VAT and trade discounts. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. Turnover from provision of services is recognised by reference to the stage of completion of the contract, where it can be reliably estimated. If the outcome of a contract cannot be estimated reliably, turnover is only recognised to the extent of recoverable expenses.

  Tangible fixed assets depreciation policy

  Land and buildings are recognised at cost, subject to an annual fair value assessment and less any accumulated impairment losses. Other categories of tangible fixed asset are stated at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is calculated on a straight line basis according to the class of the asset. The residual value of assets is reviewed annually and if there is evidence of significant impairment to an asset its carrying value is reduced to the estimated recoverable amount. An impairment loss, recognised as the difference between these two amounts, is charged to profit and loss for the year.

  Intangible fixed assets amortisation policy

  Goodwill is amortised over an estimated lifespan of five years,

  Valuation information and policy

  Land and buildings are subject to an annual fair value assessment based on Land Registry house price data. Gains and losses from changes in fair value, net of deferred tax provided at the rate expected to apply when the property is sold, are recognised as additions or disposals in tangible fixed assets and in a revaluation reserve in equity.

Notes to the Financial Statements

for the Period Ended 31 December 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	0	0