Contents

Balance Sheet

As at 30 April 2026

Balance Sheet Continued

For the period ended 30 April 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions of the small companies regime applicable to micro-entities.

The accounts were approved by the Board of Directors and authorised for issue on 24 September 2026.

Notes to the Financial Statements

For the period 1 May 2025 to 30 April 2026

1. Accounting Policies

Turnover

Turnover is recognised when goods are delivered or services are provided.

Taxation

Corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors

Debtors are recognised at the settlement amount due.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments.

Creditors

Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event.

Notes to the Financial Statements (continued)

2. Basis of Preparation

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Notes to the Financial Statements (continued)

3. Employee Information

The average number of employees during the period was: 0

Notes to the Financial Statements (continued)

4. Nature of the company's business,

The company carries on no trade. Its business is residential property letting.

Notes to the Financial Statements (continued)

5. Property business expenses

Property business expenses comprise of mortgage interest and finance costs on interest-only borrowings, repairs, replacements and redecoration following a change of tenancy, and other property running costs; principally service charges, ground rent and council tax on void periods.

Notes to the Financial Statements (continued)

6. Net liabilities

The balance sheet shows net liabilities of £12,989. The properties are carried at historical cost while the borrowings secured on them are stated in full, and their market value exceeds their carrying amount. The directors consider that the company will continue to meet its liabilities as they fall due, and the financial statements have been prepared on the going concern basis.

Notes to the Financial Statements (continued)

7. Taxation

No corporation tax is payable for the period. The UK property business loss of £11,424 is carried forward against future property business profits, giving losses carried forward of £15,430.