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Atwell Properties Services Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 January 2026
Appleby Mall Limited
Contents
Page
Abridged Statement of Financial Position 1—2
Notes to the Abridged Financial Statements 3—5
Page 1
Abridged Statement of Financial Position
Registered number: 09412836
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 14,313 16,116
14,313 16,116
CURRENT ASSETS
Debtors 43,684 20,622
Cash at bank and in hand 57,567 30,363
101,251 50,985
Creditors: Amounts Falling Due Within One Year (52,491 ) (30,446 )
NET CURRENT ASSETS (LIABILITIES) 48,760 20,539
TOTAL ASSETS LESS CURRENT LIABILITIES 63,073 36,655
Creditors: Amounts Falling Due After More Than One Year (10,138 ) (16,852 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (3,681 ) (4,029 )
NET ASSETS 49,254 15,774
CAPITAL AND RESERVES
Called up share capital 9 90 90
Income Statement 49,164 15,684
SHAREHOLDERS' FUNDS 49,254 15,774
Page 1
Page 2
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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
All of the company's members have consented to the preparation of an Abridged Income Statement and an Abridged Statement of Financial Position for the year end 31 January 2026 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
T Elwell
Director
29 October 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Abridged Financial Statements
1. General Information
Atwell Properties Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09412836 . The registered office is 86 Tettenhall Road, Wolverhampton, West Midlands, WV1 4TF.
The presentation currency of the financial statements is Pound Sterling (£) and are rounded to the nearest £1.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts, rebates and value added taxes. 
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income statement as incurred.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2025: 3)
3 3
4. Tangible Assets
Total
£
Cost
As at 1 February 2025 29,672
Additions 3,518
Disposals (3,434 )
As at 31 January 2026 29,756
Depreciation
As at 1 February 2025 13,556
Provided during the period 4,770
Disposals (2,883 )
As at 31 January 2026 15,443
Net Book Value
As at 31 January 2026 14,313
As at 1 February 2025 16,116
5. Secured Creditors
Of the creditors the following amounts are secured.
Hire purchase contracts are secured over the assets to which they relate.
2026 2025
£ £
Net obligations under finance lease and hire purchase contracts 13,517 16,897
6. Obligations Under Finance Leases and Hire Purchase
2026 2025
£ £
The future minimum finance lease payments are as follows:
Not later than one year 3,379 3,379
Later than one year and not later than five years 10,138 13,518
13,517 16,897
13,517 16,897
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2026 2025
£ £
Accelerated capital allowances 3,681 4,029
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8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 February 2025 4,029 4,029
Deferred taxation (348 ) (348 )
Balance at 31 January 2026 3,681 3,681
9. Share Capital
2026 2025
Allotted, called up and fully paid £ £
90 Ordinary Shares of £ 1.00 each 90 90
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2026 2025
£ £
Not later than one year 6,408 6,408
Later than one year and not later than five years 12,816 16,020
19,224 22,428
11. Dividends
2026 2025
£ £
On equity shares:
Interim dividend paid 22,000 11,000
Dividends above include £10,000 (2025 - £5,000) paid to T Elwell, £10,000 (2025 - £5,000) paid to W Hitchen and £2,000 (2025 - £1,000) paid to A Elwell, the directors of the company.
12. Ultimate Controlling Party
No one party has ultimate control.
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