Company Registration No. 03896366 (England and Wales)
Network Property Limited
Unaudited accounts
for the year ended 31 January 2026
Network Property Limited
Unaudited accounts
Contents
Network Property Limited
Company Information
for the year ended 31 January 2026
Directors
A Anacreonte
G Anacreonte
Company Number
03896366 (England and Wales)
Network Property Limited
Statement of financial position
as at 31 January 2026
Investment property
1,355,000
1,830,000
Cash at bank and in hand
225,731
232,536
Creditors: amounts falling due within one year
(63,331)
(25,145)
Net current assets
173,440
226,143
Total assets less current liabilities
1,528,440
2,056,174
Provisions for liabilities
Deferred tax
(31,233)
(149,983)
Net assets
1,497,207
1,906,191
Called up share capital
470,469
470,469
Revaluation reserve
521,136
877,386
Profit and loss account
499,869
552,603
Shareholders' funds
1,497,207
1,906,191
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2026 and were signed on its behalf by
A Anacreonte
Director
Company Registration No. 03896366
Network Property Limited
Notes to the Accounts
for the year ended 31 January 2026
Network Property Limited is a private company, limited by shares, registered in England and Wales, registration number 03896366.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Network Property Limited
Notes to the Accounts
for the year ended 31 January 2026
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 February 2025
1,830,000
Net loss from fair value adjustments
(475,000)
At 31 January 2026
1,355,000
The 2026 valuations were made by the directors, on an open market value for existing use basis.
Amounts falling due within one year
Trade debtors
10,259
7,093
7
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
8,414
9,830
Other creditors
52,107
10,490
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).