PROLYST PARTNERS LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13110724

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		352,188		353,146

			352,188		353,146
CURRENT ASSETS
Cash at bank and in hand		7,173		6,189

		7,173		6,189
Creditors: Amounts Falling Due Within One Year	5	(90,425 )		(105,644 )

NET CURRENT ASSETS (LIABILITIES)			(83,252 )		(99,455 )

TOTAL ASSETS LESS CURRENT LIABILITIES			268,936		253,691

Creditors: Amounts Falling Due After More Than One Year	6		(227,813 )		(227,813 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(3,684 )		(3,684 )

NET ASSETS			37,439		22,194

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			37,339		22,094

SHAREHOLDERS' FUNDS			37,439		22,194

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PROLYST PARTNERS LTD

Balance Sheet (continued)

As At 31 January 2026

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 Profit and Loss Account.

On behalf of the board

Mr Yiu-Tung Poon

Director

27 October 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

PROLYST PARTNERS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 13110724 . The registered office is Office 303B, 10 Courtenay Road East Lane Business Park, Wembley , HA9 7ND.

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. 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:

Fixtures & Fittings

20%

2.3. Investment Properties

All investment properties are carried at fair value determined annually 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. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.4. Financial Instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial instruments

Other debtors

Other debtors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate for a similar debt instrument.

Trade and other creditors

Trade and other creditors are recognised initially at transaction price less attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method. If the arrangement constitutes a financing transaction, for example if payment is deferred beyond normal business terms, then it is measured at the present value of future payments discounted at a market rate for a similar debt instrument.

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.

...CONTINUED

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PROLYST PARTNERS LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

2.5. Taxation - continued

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 and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.6. Acquisitions and disposals of properties

Acquisitions and disposals are considered to have taken place at the date of legal completion and are included in the financial statements accordingly.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2025: NIL)

4. Tangible Assets

	Investment Properties	Fixtures & Fittings	Total
	£	£	£
Cost or Valuation
As at 1 February 2025	351,228	4,792	356,020

As at 31 January 2026	351,228	4,792	356,020

Depreciation
As at 1 February 2025	-	2,874	2,874
Provided during the period	-	958	958

As at 31 January 2026	-	3,832	3,832

Net Book Value
As at 31 January 2026	351,228	960	352,188

As at 1 February 2025	351,228	1,918	353,146

Cost or valuation as at 31 January 2026 represented by:

	Investment Properties	Fixtures & Fittings	Total
	£	£	£
At cost	-	4,792	4,792
At valuation	351,228	-	351,228

	351,228	4,792	356,020

The company's investment property is included in the Financial Statements at Directors' valuation.

The company's residential property valued using a sales valuation approach, derived from recent comparable transactions in the market, adjusted by applying discounts to reflect status of occupation and condition.

The historical cost of investment properties is £351,228.

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PROLYST PARTNERS LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

5. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	874	452
Corporation tax	3,801	2,737
Other creditors	84,150	101,655
Accruals and deferred income	1,600	800

	90,425	105,644

Other creditors include amounts aggregating £25,847 (2025: £31,943) due to Mr Tony Francis O'Shea-Poon, £25,847 (2025: £31,943) due to Mr Yiu-Tung Poon, £22,276 (2025: £27,501) due to Mr Jianqiang Li. They are the directors of the company. The loans are interest free and repayable on demand.

6. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	227,813	227,813

The Bank loan is secured by a fixed charge over the investment property of the company with a book value of £351,228 (2025: £351,228).

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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