Company registration number: 14736611
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Property Repair Services 365 Ltd
Pages for filing with the Registrar
Company registration number: 14736611
Property Repair Services 365 Ltd
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Tangible assets 4 4,214 5,619
4,214 5,619
Current assets
Stocks 1,974 16,693
Debtors 5 20,915 88,515
Cash at bank and in hand 214 1,372
23,103 106,580
Creditors: amounts falling due within one year
6 (48,641) (56,387)
Net current (liabilities)/assets (25,538) 50,193
Total assets less current liabilities (21,324) 55,812
NET (LIABILITIES)/ASSETS (21,324) 55,812
Capital and reserves
Called up share capital 100 100
Profit and loss account (21,424) 55,712
TOTAL EQUITY (21,324) 55,812
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 14736611
Property Repair Services 365 Ltd
Balance sheet - continued
as at 31 March 2026
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr A Kinsella-Perks, Director
2 October 2026
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Property Repair Services 365 Ltd
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Property Repair Services 365 Ltd is a private company registered in England and Wales. Its registered number is 14736611. The company is limited by shares. Its registered office is 124 City Road, London, EC1V 2NX. Its principal place of business is 6 Albion Terrace, Sewardstone Road, London, E4 7SB.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Work in progress is valued at the lower of cost and net realisable value. Cost is calculated using the first -in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.
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Property Repair Services 365 Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 3 (2025 - 3).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 April 2025 9,116
At 31 March 2026 9,116
Depreciation
At 1 April 2025 3,497
Charge for year 1,405
At 31 March 2026 4,902
Net book value
At 31 March 2026 4,214
At 31 March 2025 5,619
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Property Repair Services 365 Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
5 Debtors
2026 2025
£ £
Trade debtors 15,759 80,730
Directors' loan accounts 2,800 -
Taxation 2,356 7,785
20,915 88,515
6 Creditors: amounts falling due within one year
2026 2025
£ £
Bank loans and overdrafts 9,491 -
Trade creditors 3,281 2,077
Amounts owed to directors - 3,000
Other creditors 518 518
Taxation - 13,308
VAT payable 23,514 14,264
Social security and other tax 11,686 8,099
Accruals and deferred income 151 15,121
48,641 56,387
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