Company No: 00501655 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	N J Pople
	C J Pople
	D J Pople
	R C Pople

REGISTERED OFFICE	179 Whiteladies Road
	Clifton
	Bristol
	BS8 2AG
	United Kingdom

COMPANY NUMBER

00501655 (England and Wales)

ACCOUNTANT	Gravita Western Limited
	2nd Floor, South
	One Castle Park
	Tower Hill
	Bristol
	BS2 0JA
	United Kingdom

	Note	2026		2025
		£		£
Fixed assets
Investments	4	8,790,492		8,645,993
		8,790,492		8,645,993
Current assets
Debtors	5	24,245		10,931
Cash at bank and in hand		59,284		37,055
		83,529		47,986
Creditors: amounts falling due within one year	6	( 70,330)		( 28,396)
Net current assets		13,199		19,590
Total assets less current liabilities		8,803,691		8,665,583
Provision for liabilities		( 765,190)		( 641,355)
Net assets		8,038,501		8,024,228
Capital and reserves
Called-up share capital	7	110,000		110,000
Fair value reserve		2,295,660		1,924,532
Profit and loss account		5,632,841		5,989,696
Total shareholders' funds		8,038,501		8,024,228

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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Keith Pople Limited (registered number: 00501655) were approved and authorised for issue by the Board of Directors on 26 October 2026. They were signed on its behalf by:

D J Pople Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Keith Pople Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 179 Whiteladies Road, Clifton, Bristol, BS8 2AG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise.

Turnover

Turnover represents income receivable from the letting of commercial and residential properties, net of VAT.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
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 financial statements. 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.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements

depreciated over the life of the lease

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Fixed asset investments

Investments in shares are included at fair value. Gains are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the investments are sold.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities, including creditors, are initially recognised at transaction price and are subsequently measured at amortised cost. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

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 the profit or loss account in the period to which they relate.

Significant judgements and estimates

Estimates and judgements are inherent in the preparation of financial statements. The directors consider that in respect of these financial statements, the valuations of the company's properties is the most significant.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		5

3. Tangible assets

	Leasehold improve- ments		Total
	£		£
Cost
At 01 February 2025	120,000		120,000
Disposals	( 120,000)		( 120,000)
At 31 January 2026	0		0
Accumulated depreciation
At 01 February 2025	120,000		120,000
Disposals	( 120,000)		( 120,000)
At 31 January 2026	0		0
Net book value
At 31 January 2026	0		0
At 31 January 2025	0		0

4. Fixed asset investments

	Listed investments		Total
	£		£
Cost or valuation
At 01 February 2025	8,645,993		8,645,993
Additions	1,385,342		1,385,342
Disposals	( 1,878,618)		( 1,878,618)
Movement in fair value	637,775		637,775
At 31 January 2026	8,790,492		8,790,492
Carrying value at 31 January 2026	8,790,492		8,790,492
Carrying value at 31 January 2025	8,645,993		8,645,993

The historical value of the listed investments at 31 January 2026 was £5,719,642, (2025 - £5,999,676).

5. Debtors

	2026		2025
	£		£
Trade debtors	15,271		5,679
Corporation tax	8,955		5,252
Other debtors	19		0
	24,245		10,931

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Accruals and deferred income	9,066		7,122
Taxation and social security	59,828		18,252
Other creditors	1,436		3,022
	70,330		28,396

Included within other creditors is £81 of unpaid pension contributions (2025 - £81).

7. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
110,000 ordinary shares of £ 1.00 each	110,000		110,000

8. Ultimate controlling party

The directors consider that there is no ultimate controlling party.