Property Shop (Accrington) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04908035 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

PROPERTY SHOP (ACCRINGTON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Chippendale

J P Allen

REGISTERED OFFICE:

Abacus House

450 Warrington Road

Culcheth

Cheshire

WA3 5QX

REGISTERED NUMBER:

04908035 (England and Wales)

ACCOUNTANTS:

Hunter Healey Limited

Abacus House

450 Warrington Road

Culcheth

Warrington

Cheshire

WA3 5QX

FIXED ASSETS

Intangible assets

4

74,397

-

Tangible assets

5

475,120

622,169

549,517

622,169

CURRENT ASSETS

Debtors

6

147,194

146,694

CREDITORS

Amounts falling due within one year

7

359,156

130,232

NET CURRENT (LIABILITIES)/ASSETS

(211,962

)

16,462

TOTAL ASSETS LESS CURRENT
LIABILITIES

337,555

638,631

CREDITORS

Amounts falling due after more than one
year

8

256,307

540,804

NET ASSETS

81,248

97,827

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

9

97,694

Retained earnings

(16,546

)

33

SHAREHOLDERS' FUNDS

81,248

97,827

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 8th October 2026 and were signed on its behalf by:

S Chippendale - Director

1.	STATUTORY INFORMATION

Property Shop (Accrington) 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.	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 historical cost convention as modified by the revaluation of certain assets.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

No depreciation is provided on the property as, in the opinion of the directors, the property is maintained to a high standard and therefore the market value exceeds the historical cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

92,997

At 31st March 2026

92,997

AMORTISATION

Charge for year

18,600

At 31st March 2026

18,600

NET BOOK VALUE

At 31st March 2026

74,397

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

Property

property

fittings

equipment

Totals

£

COST OR VALUATION

At 1st April 2025

572,116

50,053

4,973

-

627,142

Additions

287,500

-

7,003

294,503

Disposals

(400,104

)

(39,116

)

-

(439,220

)

At 31st March 2026

459,512

10,937

4,973

7,003

482,425

DEPRECIATION

At 1st April 2025

-

4,973

-

4,973

Charge for year

-

2,332

At 31st March 2026

-

4,973

2,332

7,305

NET BOOK VALUE

At 31st March 2026

459,512

10,937

-

4,671

475,120

At 31st March 2025

572,116

50,053

-

622,169

Cost or valuation at 31st March 2026 is represented by:

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

PROPERTY

'COST' ACCOUNT TOTAL

Cost/valuation b/f

572,116

Additions

287,500

Disposals

(400,104

)

459,512

CLIENT SCREEN TOTAL

=

-

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

IMPROVEMENTS TO PROPERTY

'COST' ACCOUNT TOTAL

Cost/valuation b/f

50,053

Disposals

(39,116

)

10,937

CLIENT SCREEN TOTAL

=

-

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

FIXTURES AND FITTINGS

'COST' ACCOUNT TOTAL

Cost/valuation b/f

4,973

CLIENT SCREEN TOTAL

=

-

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

COMPUTER EQUIPMENT

'COST' ACCOUNT TOTAL

Additions

7,003

CLIENT SCREEN TOTAL

=

-

If Long leasehold property had not been revalued it would have been included at the following historical cost:

31.3.26

31.3.25

£

Cost

474,422

Long leasehold property was valued on an open market basis on 31st March 2008 by the director S Chippendale .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Other debtors

147,194

146,694

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

17,592

5,168

Other creditors

341,564

125,064

359,156

130,232

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.26

31.3.25

£

Bank loans

256,307

540,804

Amounts falling due in more than five years:

Repayable by instalments

Mortgages >5yrs by instalment

256,307

540,804

9.

RESERVES

Revaluation

reserve

£

At 1st April 2025

and 31st March 2026

97,694