Registration number: 10028745

All Property Management Ltd

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

All Property Management Ltd

(Registration number: 10028745)
Balance Sheet as at 31 March 2026

	Note	2026 £		2025 £
Fixed assets
Tangible assets	4		44,725		10,650
Investment property	5		19,000,000		20,896,754
Other financial assets	6		19,500		19,500
			19,064,225		20,926,904
Current assets
Debtors	7	342,675		1,026,695
Cash at bank and in hand		157,373		-
		500,048		1,026,695
Creditors: Amounts falling due within one year	8	(1,215,139)		(1,439,023)
Net current liabilities			(715,091)		(412,328)
Total assets less current liabilities			18,349,134		20,514,576
Creditors: Amounts falling due after more than one year	8		(7,878,850)		(7,918,850)
Provisions for liabilities			(673,401)		(1,247,546)
Net assets			9,796,883		11,348,180
Capital and reserves
Called up share capital		5,118,668		5,118,668
Profit and loss account		4,678,215		6,229,512
Total equity			9,796,883		11,348,180

All Property Management Ltd

(Registration number: 10028745)
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 5 October 2026 and signed on its behalf by:
 

......................................... Mr M. Rothwell Director

......................................... Mr T.G. Kernachan Director

All Property Management Ltd

Notes to the Unaudited 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:
34 Wellington Street
Leeds
LS1 2DE

These financial statements were authorised for issue by the Board on 5 October 2026.

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared using the historical cost convention.

The financial statements are presented in Sterling (£).

Revenue recognition

Turnover comprises the fair value of rental income from leased properties. The income is recognised as it falls due, in accordance with the lease to which it relates.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

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

All Property Management Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% Reducing balance
Motor vehicles	25% Reducing balance

Investment property

Investment property is carried at fair value derived from the current market prices for comparable real estate determined annually. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.

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	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2025 - 3).

All Property Management Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

4	Tangible assets

	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 April 2025	5,829	30,740	36,569
Additions	9,430	43,926	53,356
Disposals	(5,829)	-	(5,829)
At 31 March 2026	9,430	74,666	84,096
Depreciation
At 1 April 2025	1,457	24,462	25,919
Charge for the year	2,358	12,551	14,909
Eliminated on disposal	(1,457)	-	(1,457)
At 31 March 2026	2,358	37,013	39,371
Carrying amount
At 31 March 2026	7,072	37,653	44,725
At 31 March 2025	4,372	6,278	10,650

5	Investment properties

	2026 £
At 1 April	20,896,754
Additions	506,092
Disposals	(141,880)
Fair value adjustments	(2,260,966)
At 31 March	19,000,000

Investment property was last valued on 29 April 2026 by Knight Frank on an open market basis. In the opinion of the directors there has been no material change to investment property value at 31 March 2026.

6	Other financial assets (current and non-current)

	2026 £	2025 £
Non-current financial assets
Financial assets at cost less impairment	19,500	19,500

All Property Management Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

7

Debtors

Debtors: amounts falling due within one year	2026 £	2025 £
Trade debtors	269,100	189,326
Prepayments	8,568	25,320
Other debtors	65,007	812,049
	342,675	1,026,695

The company is related to 11 Briggate Ltd and Thirty-Six Leeds Ltd by virtue of the common shareholding of Mr M. Rothwell and Mr T.G. Kernachan.

Other debtors include a loan to 11 Briggate Ltd of £3,304 (2025 £nil). The loan is interest free and repayable on demand by the company.

Other debtors include a loan to Thirty-Six Leeds Ltd of £nil (2025 £812,048). The loan is interest free and repayable on demand by the company.

All Property Management Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

8

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Loans and borrowings	40,000	122,924
Trade creditors	79,990	137,906
Taxation and social security	14,960	78,983
Other creditors	1,080,189	1,099,210
	1,215,139	1,439,023

The company is related to APN Holdings Ltd, All Points North Publications Ltd, 168 Briggate Ltd, APN Hotel Group Ltd and Blayds Mews Properties Ltd by virtue of the common shareholding of Mr M. Rothwell and Mr T.G. Kernachan.

Other creditors include a loan from APN Holdings Ltd in the amount of £693,670 (2025 £725,451). The loan is interest free, unsecured and repayable on demand by the company.

Other creditors include a loan from All Points North Publications Ltd in the amount of £63,631 (2025 £nil). The loan is interest free, unsecured and repayable on demand by the company.

Other creditors include a loan from 168 Briggate Ltd in the amount of £26,972 (2025 £nil). The loan is interest free, unsecured and repayable on demand by the company.

Other creditors include a loan from APN Hotel Group Ltd in the amount of £62,433 (2025 £141,177). The loan is interest free, unsecured and repayable on demand by the company.

Other creditors include a loan from Blayds Mews Properties Ltd in the amount of £11,951 (2025 £11,500). The loan is interest free, unsecured and repayable on demand by the company.

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Loans and borrowings		7,878,850	7,918,850

Creditors include bank loans which are secured of £7,918,850 (2025 £7,958,850). Bank loans are secured by a fixed and floating charge over the assets of the company.

9

Reserves

Profit and loss reserve represents all current and prior period retained profits and losses. £2,387,683 of the Profit and loss reserve at 31 March 2026 (2025 - £4,074,505) is non-distributable. The non-distributable element of the Profit and loss reserve relates to investment property revaluation gains, net of related deferred taxation.