REGISTERED NUMBER: 10626373 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026

FOR

FSPN PROPERTIES LIMITED

Page

Company Information

1

Report of the Accountants

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

Director:

Mr F Naghdi

Registered office:

118 Lemsford Lane

Welwyn Garden City

Hertfordshire

AL8 6YP

Registered number:

10626373 (England and Wales)

Accountants:

Workwell People Solutions Limited

Ground Floor East

Hyde

38 Clarendon Road

Watford

Hertfordshire

WD17 1JW

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2026 set out on pages three to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Workwell People Solutions Limited

Ground Floor East

Hyde

38 Clarendon Road

Watford

Hertfordshire

WD17 1JW

Date: .............................................

Fixed assets

Tangible assets

5

335,000

335,000

Current assets

Debtors

-

176

Cash at bank

2,202

3,244

2,202

3,420

Creditors

Amounts falling due within one year

91,010

94,011

Net current liabilities

(88,808

)

(90,591

)

Total assets less current liabilities

246,192

244,409

Creditors

Amounts falling due after more than one year

6

(229,467

)

(229,467

)

Provisions for liabilities

(3,913

)

(3,913

)

Net assets

12,812

11,029

Capital and reserves

Called up share capital

8

10

10

Fair value reserve

11,019

16,683

Retained earnings

1,783

(5,664

)

Shareholders' funds

12,812

11,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 October 2026 and were signed by:

Mr F Naghdi - Director

1.	Statutory information

FSPN properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.

Fixtures and fittings

-

33% on cost

4.	Employees and directors

The average number of employees during the year was 1 (2025 - 1 ) .

5.	Tangible fixed assets

Totals

£

Cost or valuation

At 1 March 2025

and 28 February 2026

335,920

Depreciation

At 1 March 2025

and 28 February 2026

920

Net book value

At 28 February 2026

335,000

At 28 February 2025

335,000

Cost or valuation at 28 February 2026 is represented by:

Totals

£

Valuation in 2018

9,432

Valuation in 2019

26,164

Valuation in 2020

10,000

Cost

315,324

360,920

6.

Creditors: amounts falling due after more than five years

2026

2025

£

£

Repayable by instalments

Bank loans more 5 yr by instal

229,467

229,467

7.	Secured debts

The following secured debts are included within creditors:

2026

2025

£

£

Mortgage Loan

229,466

229,467

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

10

Ordinary

£1

10

10

9.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025:

2026

2025

£

£

Mr F Naghdi

Balance outstanding at start of year

(51,555

)

(51,555

)

Amounts advanced

3,000

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(48,555

)

(51,555

)

10.	Related party disclosures

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026 2025

£ £

Intercompany Loan to Computex Services LTD 42,457 42,457

Creditors include an amount of £42,457 ( 2025 - £42,457) payable to Computex Services Limited in

which Mr F Naghdi, is the director of the company..

11.	Ultimate controlling party

The ultimate controlling party is Mr F Naghdi.