Property World Publications Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02775599 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

PROPERTY WORLD PUBLICATIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Jayne Gregson

REGISTERED OFFICE:

5 Preston Street

Kirkham

Preston

Lancashire

PR4 2YA

REGISTERED NUMBER:

02775599 (England and Wales)

ACCOUNTANTS:

Wallwork Nelson & Johnson

Chandler House

7 Ferry Road Office Park

Riversway

Preston

Lancashire

PR2 2YH

FIXED ASSETS

Intangible assets

4

7,806

11,485

Tangible assets

5

169,884

106,686

177,690

118,171

CURRENT ASSETS

Stocks

3,952

3,997

Debtors

6

133,165

119,822

Cash at bank and in hand

135,444

180,672

272,561

304,491

CREDITORS

Amounts falling due within one year

7

56,376

86,708

NET CURRENT ASSETS

216,185

217,783

TOTAL ASSETS LESS CURRENT
LIABILITIES

393,875

335,954

CREDITORS

Amounts falling due after more than one
year

8

(76,015

)

(23,500

)

PROVISIONS FOR LIABILITIES

(43,163

)

(28,203

)

NET ASSETS

274,697

284,251

CAPITAL AND RESERVES

Called up share capital

9,051

Capital redemption reserve

9,052

Retained earnings

256,594

266,148

SHAREHOLDERS' FUNDS

274,697

284,251

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

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

The director acknowledges her 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 director and authorised for issue on 21 August 2026 and were signed by:

Jayne Gregson - Director

1.	STATUTORY INFORMATION

Property World Publications 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.

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.

Development costs are being amortised evenly over their estimated useful life of nil years.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Short leasehold

-

25% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

The director believes that the company has sufficient trade and financial resources to continue in operational existence for the foreseeable future. Thus, the going concern basis of accounting in preparing the annual financial statements has been adopted.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2025 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Development

Computer

costs

software

Totals

£

COST

At 1 February 2025

and 31 January 2026

37,387

132,168

169,555

AMORTISATION

At 1 February 2025

37,387

120,683

158,070

Amortisation for year

-

3,679

At 31 January 2026

37,387

124,362

161,749

NET BOOK VALUE

At 31 January 2026

-

7,806

At 31 January 2025

-

11,485

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

COST

At 1 February 2025

10,290

842,628

8,394

Additions

-

At 31 January 2026

10,290

842,628

8,394

DEPRECIATION

At 1 February 2025

10,276

740,571

8,091

Charge for year

3

15,309

76

At 31 January 2026

10,279

755,880

8,167

NET BOOK VALUE

At 31 January 2026

11

86,748

227

At 31 January 2025

14

102,057

303

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1 February 2025

5,000

62,175

928,487

Additions

74,450

9,020

83,470

At 31 January 2026

79,450

71,195

1,011,957

DEPRECIATION

At 1 February 2025

4,696

58,167

821,801

Charge for year

1,627

3,257

20,272

At 31 January 2026

6,323

61,424

842,073

NET BOOK VALUE

At 31 January 2026

73,127

9,771

169,884

At 31 January 2025

304

4,008

106,686

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

Trade debtors

101,219

97,312

Other debtors

1,050

Tax

5,565

-

VAT

2,462

4,402

Accrued Income

16,242

8,255

Prepayments

6,627

8,803

133,165

119,822

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/26

31/1/25

£

Hire purchase contracts

17,385

6,000

Trade creditors

16,683

46,202

Tax

-

24,637

Social security and other taxes

5,968

4,723

Directors' current accounts

201

106

Accrued expenses

16,139

5,040

56,376

86,708

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31/1/26

31/1/25

£

Hire purchase contracts

76,015

23,500