REGISTERED NUMBER: 06767305 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

FOR

PROPERTY SHOP (NW) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S Chippendale

J P Allen

REGISTERED OFFICE:

Abacus House

450 Warrington Road

Culcheth

Warrington

Cheshire

WA3 5QX

REGISTERED NUMBER:

06767305 (England and Wales)

ACCOUNTANTS:

Hunter Healey Limited

Abacus House

450 Warrington Road

Culcheth

Warrington

Cheshire

WA3 5QX

FIXED ASSETS

Intangible assets

4

77,422

-

Tangible assets

5

111,556

90,196

188,978

90,196

CURRENT ASSETS

Stocks

1,000

1,000

Debtors

6

187,344

202,533

Cash at bank and in hand

70,684

98,854

259,028

302,387

CREDITORS

Amounts falling due within one year

7

446,452

391,325

NET CURRENT LIABILITIES

(187,424

)

(88,938

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,554

1,258

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

1,254

958

SHAREHOLDERS' FUNDS

1,554

1,258

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 (Nw) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2026, is being amortised evenly over its estimated useful life of five 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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 48 (2025 - 30 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

96,778

At 31st March 2026

96,778

AMORTISATION

Charge for year

19,356

At 31st March 2026

19,356

NET BOOK VALUE

At 31st March 2026

77,422

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1st April 2025

76,020

35,411

5,500

28,222

145,153

Additions

-

8,517

-

31,801

40,318

At 31st March 2026

76,020

43,928

5,500

60,023

185,471

DEPRECIATION

At 1st April 2025

-

31,096

3,180

20,681

54,957

Charge for year

-

3,709

580

14,669

18,958

At 31st March 2026

-

34,805

3,760

35,350

73,915

NET BOOK VALUE

At 31st March 2026

76,020

9,123

1,740

24,673

111,556

At 31st March 2025

76,020

4,315

2,320

7,541

90,196

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

7,508

7,092

Other debtors

179,836

195,441

187,344

202,533

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

-

1,854

Trade creditors

162,571

17,516

Taxation and social security

73,514

120,976

Other creditors

210,367

250,979

446,452

391,325