Registration number: 07993297

The Property Design Studio Ltd

Contents

Balance Sheet	1 to 2
Notes to the Financial Statements	3 to 6

The Property Design Studio Ltd

(Registration number: 07993297)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	5	3,582	3,676
Current assets
Debtors	6	22,949	14,245
Cash at bank and in hand		35,173	35,436
		58,122	49,681
Creditors: Amounts falling due within one year	7	(19,149)	(19,161)
Net current assets		38,973	30,520
Total assets less current liabilities		42,555	34,196
Provisions for liabilities		(523)	(384)
Net assets		42,032	33,812
Capital and reserves
Called up share capital		100	100
Retained earnings		41,932	33,712
Shareholders' funds		42,032	33,812

The Property Design Studio Ltd

(Registration number: 07993297)
Balance Sheet as at 31 March 2026

For the financial year ending 31 March 2026 the company was entitled to exemption from audit 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; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2026 and signed on its behalf by:
 

......................................... Mr N W Pitcher Director

The Property Design Studio Ltd

Notes to the Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of architectural design services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

The Property Design Studio Ltd

Notes to the Financial Statements for the Year Ended 31 March 2026

Asset class	Depreciation method and rate
Office equipment	15% straight line basis
Freehold property	10% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for architectural design services.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Taxation

	2026		2025
	£		£
Corporation tax	13,491		14,691
Deferred tax	139		34
	13,630		14,725

4	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

The Property Design Studio Ltd

Notes to the Financial Statements for the Year Ended 31 March 2026

5	Tangible assets

	Land and buildings £	Office equipment £	Total £
Cost or valuation
At 1 April 2025	8,276	12,575	20,851
Additions	-	1,375	1,375
At 31 March 2026	8,276	13,950	22,226
Depreciation
At 1 April 2025	6,624	10,551	17,175
Charge for the year	828	641	1,469
At 31 March 2026	7,452	11,192	18,644
Carrying amount
At 31 March 2026	824	2,758	3,582
At 31 March 2025	1,652	2,024	3,676

6

Debtors

Current	2026 £	2025 £
Trade debtors	8,028	-
Other debtors	14,921	14,245
	22,949	14,245

The Property Design Studio Ltd

Notes to the Financial Statements for the Year Ended 31 March 2026

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	240	240
Taxation and social security	18,194	18,206
Other creditors	715	715
	19,149	19,161