Company Registration No. 14588646 (England and Wales)
Shore Property Management Ltd
Unaudited accounts
for the year ended 31 January 2026
Shore Property Management Ltd
Unaudited accounts
Contents
Shore Property Management Ltd
Company Information
for the year ended 31 January 2026
Director
Joshua James Taylor
Company Number
14588646 (England and Wales)
Registered Office
9 Seamill Park Avenue
Worthing
West Sussex
BN11 2PU
England
Accountants
Collective Concepts Accounting Ltd
Shore Property Management Ltd
Statement of financial position
as at 31 January 2026
Tangible assets
1,036
1,457
Investment property
749,999
463,392
Cash at bank and in hand
411,178
16,106
Creditors: amounts falling due within one year
(447,299)
(458,119)
Net current liabilities
(12,154)
(438,244)
Total assets less current liabilities
738,881
26,605
Creditors: amounts falling due after more than one year
(397,688)
-
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
269,441
26,505
Shareholders' funds
269,541
26,605
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 director acknowledges his 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 and authorised for issue on 28 October 2026 and were signed on its behalf by
Joshua James Taylor
Director
Company Registration No. 14588646
Shore Property Management Ltd
Notes to the Accounts
for the year ended 31 January 2026
Shore Property Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 14588646. The registered office is 9 Seamill Park Avenue, Worthing, West Sussex, BN11 2PU, England.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
4 Years Straight Line
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.
Shore Property Management Ltd
Notes to the Accounts
for the year ended 31 January 2026
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 February 2025
463,392
Net gain from fair value adjustments
286,607
At 31 January 2026
749,999
Amounts falling due within one year
Accrued income and prepayments
429
169
Amounts falling due after more than one year
Accrued income and prepayments
18,938
-
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
-
13
Trade creditors
2,077
3,545
Other creditors
299,913
311,913
Loans from directors
144,788
142,648
8
Creditors: amounts falling due after more than one year
2026
2025
Shore Property Management Ltd
Notes to the Accounts
for the year ended 31 January 2026
9
Transactions with related parties
Creditors includes a non-interest bearing loans of £294,713 (2025 £308,313) owed to All Ventilation & Extraction Ltd, an entity under common control.
10
Average number of employees
During the year the average number of employees was 2 (2025: 2).