PPRUK Property Limited

PPRUK Property Limited Accountants' Report For the year ended 31 October 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PPRUK Property Limited for the year ended 31 October 2025 which comprise the Income Statement, the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity and related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://icaew.com/regulations. This report is made solely to the Board of Directors of PPRUK Property Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of PPRUK Property Limited and state those matters that we have agreed to state to the Board of Directors of PPRUK Property Limited, as a body, in this report in accordance with AAF 2/10 as detailed at http://icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PPRUK Property Limited and its Board of Directors as a body, for our work or for this report. It is your duty to ensure that PPRUK Property Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of PPRUK Property Limited. You consider that PPRUK Property Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of PPRUK Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. .................................................... Pointon Young 33 Ludgate Hill Birmingham B3 1EH 22 September 2026 2

PPRUK Property Limited
Accountants' Report
For the year ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of PPRUK Property Limited for the year ended 31 October 2025 which comprise the Income Statement, the Statement of Comprehensive Income, the Statement of Financial Position, the Statement of Changes in Equity and related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://icaew.com/regulations.

This report is made solely to the Board of Directors of PPRUK Property Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of PPRUK Property Limited and state those matters that we have agreed to state to the Board of Directors of PPRUK Property Limited, as a body, in this report in accordance with AAF 2/10 as detailed at http://icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PPRUK Property Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that PPRUK Property Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of PPRUK Property Limited. You consider that PPRUK Property Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of PPRUK Property Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

....................................................

Pointon Young
33 Ludgate Hill
Birmingham
B3 1EH
22 September 2026

PPRUK Property Limited
Statement of Financial Position
As at 31 October 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	862,356	864,271
		862,356	864,271
Current assets
Debtors: amounts falling due within one year	4	24,532	25,322
Cash at bank and in hand		8,081	10,297
		32,613	35,619
Creditors: amount falling due within one year	5	(71,139)	(63,881)
Net current assets		(38,526)	(28,262)

Total assets less current liabilities		823,830	836,009
Creditors: amount falling due after more than one year	6	(691,097)	(704,380)
Provisions for liabilities	7	(29,860)	(29,750)
Net assets		102,873	101,879

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		102,773	101,779
Shareholders' funds		102,873	101,879

For the year ended 31 October 2025 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 accounts for the year in question 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 accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 22 September 2026 and were signed on its behalf by:

-------------------------------
A J Britton
Director

PPRUK Property Limited
Notes to the Financial Statements
For the year ended 31 October 2025

General Information

PPRUK Property Limited is a private company, limited by shares, registered in England and Wales, registration number 10397859, registration address 44 Buttermere Avenue, Nuneaton, Warwickshire, CV11 6ET.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Income comprises property rentals which are recognised as the companys right to receive payment is established.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery etc

25% SL

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

2.	Average number of employees Average number of employees during the period was 0 (2024 : 0).

Tangible fixed assets

Cost or valuation	Investment properties	Land and buildings	Plant and machinery etc	Total
	£	£	£	£
At 01 November 2024	678,000	178,443	15,701	872,144
Additions	-	-	279	279
Disposals	-	-	-	-
Revaluations	1,000	-	-	1,000
At 31 October 2025	679,000	178,443	15,980	873,423
Depreciation
At 01 November 2024	-	-	7,873	7,873
Charge for year	-	-	3,194	3,194
On disposals	-	-	-	-
At 31 October 2025	-	-	11,067	11,067
Net book values
Closing balance as at 31 October 2025	679,000	178,443	4,913	862,356
Opening balance as at 01 November 2024	678,000	178,443	7,828	864,271

Debtors: amounts falling due within one year

	2025 £		2024 £
Other Debtors	24,532		25,322
	24,532		25,322

Creditors: amount falling due within one year

	2025 £	2024 £
Bank Loans & Overdrafts	10,842	6,456
Other Creditors	60,297	57,425
	71,139	63,881

Creditors: amount falling due after more than one year

	2025 £	2024 £
Bank Loans & Overdrafts	552,752	566,301
Other Creditors	138,345	138,079
	691,097	704,380

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	29,860		29,750
	29,860		29,750

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
10 Class A shares of £10.00 each	100		100
	100		100

9.	Bank loans Bank loans totaling £563,594 (2024: £571,957) are secured against the Investment and Freehold Properties to which the loans relate. Bank loans totaling £505,437 (2024: £546,034) fall due after five years.

10.

Investment Properties

Investment Properties are measured at fair value as at the balance sheet date. The fair value has been obtained for each property via the open market.
The increase in fair value as at 31 October 2025 amounted to £1,000 (2024 £18,000), which has been transferred to the Income Statement, less the provision for deferred tax.