Registration number: 01479871

Classic Management Services Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Statement of Changes in Equity	4
Notes to the Unaudited Financial Statements	5 to 14

Classic Management Services Limited

Company Information

Directors	A L T Buckles N A Aldred T L P Aldred

Registered office

Unit 6 Penn Street Works Penn Street Amersham Buckinghamshire HP7 0FA

Accountants

Sable & Argent Limited 2 Elvetham Crescent Fleet Hampshire GU51 1BU

Classic Management Services Limited

(Registration number: 01479871)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	32,929	30,338
Investment property	5	9,544,344	10,258,030
Investments	6	373,110	373,110
		9,950,383	10,661,478
Current assets
Stocks	7	22,237	22,237
Debtors	8	4,781,869	4,398,039
Cash at bank and in hand		999,095	102,412
		5,803,201	4,522,688
Creditors: Amounts falling due within one year	9	(1,062,736)	(938,541)
Net current assets		4,740,465	3,584,147
Total assets less current liabilities		14,690,848	14,245,625
Provisions for liabilities	11	(114,953)	(75,353)
Net assets		14,575,895	14,170,272
Capital and reserves
Called up share capital	12	193,848	193,848
Share premium reserve		720,030	720,030
Fair value reserve		639,937	668,243
Retained earnings		13,022,080	12,588,151
Shareholders' funds		14,575,895	14,170,272

Classic Management Services Limited

(Registration number: 01479871)
Balance Sheet as at 31 January 2026

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.

For the financial year ending 31 January 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.

Approved and authorised by the Board on 2 October 2026 and signed on its behalf by:
 

A L T Buckles Director

N A Aldred Director

Classic Management Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

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

The address of its registered office is:
Unit 6 Penn Street Works
Penn Street
Amersham
Buckinghamshire
HP7 0FA

The principal place of business is:
Unit 6 Penn Street Works
Penn Street
Amersham
Buckinghamshire
HP7 0FA

These financial statements were authorised for issue by the Board on 2 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 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 represents property rental income invoiced during the year exclusive of Value Added Tax. Turnover is recognised when the rental invoice is raised, which is usually at the beginning of the period to which the rental relates. Where the invoice relates to a period after the year end that income is deferred and recognised in the next year.

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 in the countries where the company operates and generates taxable income.

Classic Management Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

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:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	25% p.a. straight line
Plant and machinery	20% p.s. straight line

Investment property

Investment property, which is property held to earn rentals and / or capital appreciation, is initially recognosed at cost, which includes the purchase cost and directly attributable expenditure. Subsequently it is measured at fair value at the reporting date. Changes in fair value are recognised in the profit and loss account, and subsequently unreaslised / (reaslised) gains and losses are transfered to / (from) other reserves net of applicable deferred tax.

Impairment of fixed assets

At each reporting date, the directors review the carrying amounts of the company's tangible assets to deternine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount if the asset is estimated in order to determine the extent of the impairment loss (if any).

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Classic Management Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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.

Stocks

Stocks are stated at the lower of cost and net realisable value.

At each reporting date an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in the profit and loss account. Reversals of impairment losses are also recognised in the profit and loss account.

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.

Other reserves

The company maintains a revaluation reserve which comprises the accumulated revaluations of its investment properties less the deferred tax provided thereon. Transfers are made to and from this non-distributable reserve from and to the profit and loss account so that the latter comprises distributable amounts.

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.

Basic financial assets

Basic financial assets, which include trade and other debtors, amounts owed to group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs, and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial asset is measured at the present value of the future receipts discounted at a market rate of interest.

Classic Management Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Basic financial liabilities

Basic financial liabilities, including trade and other creditors and bank loans, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments at a market rate of interest.

Financial instruments

Classification
The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" of FRS 102 to all of its financial instruments.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Recognition and measurement
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3	Staff numbers

The average number of persons (including directors) employed by the company in the year, was 4 (2025: 4).

Classic Management Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Plant and machinery £	Total £
Cost or valuation
At 1 February 2025	9,299	71,846	81,145
Additions	-	21,200	21,200
At 31 January 2026	9,299	93,046	102,345
Depreciation
At 1 February 2025	9,299	41,508	50,807
Charge for the year	-	18,609	18,609
At 31 January 2026	9,299	60,117	69,416
Carrying amount
At 31 January 2026	-	32,929	32,929
At 31 January 2025	-	30,338	30,338

5	Investment properties

	2026 £
At 1 February	10,258,030
Additions	52,769
Disposals	(766,455)
At 31 January	9,544,344

The fair value of the company's investment properties, all of which are commercial properties, have been arrived at on the basis of a valuation carried out by the directors and was made by reference to rental yields.

There has been no valuation of investment property by an independent valuer.

Classic Management Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

6	Investments

	2026 £	2025 £
Investments in subsidiaries	373,110	373,110