Property Fifty Five Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13309293

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		226,874		232,500

			226,874		232,500
CURRENT ASSETS
Debtors	5	2,499		719
Cash at bank and in hand		5,095		7,999

		7,594		8,718
Creditors: Amounts Falling Due Within One Year	6	(67,673 )		(70,414 )

NET CURRENT ASSETS (LIABILITIES)			(60,079 )		(61,696 )

TOTAL ASSETS LESS CURRENT LIABILITIES			166,795		170,804

Creditors: Amounts Falling Due After More Than One Year	7		(141,176 )		(142,098 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(3,025 )		(4,165 )

NET ASSETS			22,594		24,541

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			22,494		24,441

SHAREHOLDERS' FUNDS			22,594		24,541

Page 1

Page 2

Property Fifty Five Ltd

Balance Sheet (continued)

As At 30 April 2026

For the year ending 30 April 2026 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Nigel Chisman

Director

24/09/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Property Fifty Five Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13309293 . The registered office is 1 Derwent Business Centre, Clarke Street, Derby, DE1 2BU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

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

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% Straight Line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. The fair value of property is based on director's valuations and has not been based on a valuation by an independent valuer with a professional qualification. No depreciation is provided for.

Changes in fair value are recognised in the profit and loss account.

2.5. Deferred Taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2026	2025
Office and administration	2	2

	2	2

Page 3

Page 4

Property Fifty Five Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

4. Tangible Assets

	Investment Properties	Fixtures & Fittings	Total
	£	£	£
Cost or Valuation
As at 1 May 2025	232,500	-	232,500
Additions	-	499	499
Revaluation	(6,000 )	-	(6,000 )

As at 30 April 2026	226,500	499	226,999

Depreciation
As at 1 May 2025	-	-	-
Provided during the period	-	125	125

As at 30 April 2026	-	125	125

Net Book Value
As at 30 April 2026	226,500	374	226,874

As at 1 May 2025	232,500	-	232,500

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	-	275
Prepayments and accrued income	2,059	-
Other debtors	440	444

	2,499	719

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Bank loans and overdrafts	2,323	3,723
Corporation tax	596	1,406
Accruals and deferred income	-	504
Directors' loan accounts	64,754	64,781

	67,673	70,414

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	141,176	142,098

Page 4

Page 5

Property Fifty Five Ltd

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

8. Secured Creditors

Of the creditors falling due within and after more than one year the following amount is secured by a fixed charge over the investment properties. £99,127 is on a repayment basis and £44,372 is on a interest only basis, both of which have a term of 28 years.

	2026		2025
	£		£
Bank loans and overdrafts	143,499		145,821

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

Page 5