FRESTON PROPERTY PHOENIX LIMITED

Company Registration Number:
09666374 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

FRESTON PROPERTY PHOENIX LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

FRESTON PROPERTY PHOENIX LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 432,205 468,080
Investments: 4 20,350,000 20,350,000
Total fixed assets: 20,782,205 20,818,080
Current assets
Stocks: 0 0
Debtors: 5 628,355 588,038
Cash at bank and in hand: 41,931 143,957
Investments:   0 0
Total current assets: 670,286 731,995
Creditors: amounts falling due within one year: 6 (1,078,131) (674,831)
Net current assets (liabilities): (407,845) 57,164
Total assets less current liabilities: 20,374,360 20,875,244
Creditors: amounts falling due after more than one year: 7 (26,899,863) (27,045,038)
Total net assets (liabilities): (6,525,503) (6,169,794)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (6,525,603) (6,169,894)
Shareholders funds: (6,525,503) (6,169,794)

The notes form part of these financial statements

FRESTON PROPERTY PHOENIX LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 02 September 2025
and signed on behalf of the board by:

Name: Robert Clarkson
Status: Director

The notes form part of these financial statements

FRESTON PROPERTY PHOENIX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FRESTON PROPERTY PHOENIX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 0 0

FRESTON PROPERTY PHOENIX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 1,211,017
Additions 146,983
At 31 March 2025 1,358,000
Depreciation
At 01 April 2024 742,937
Charge for year 182,858
At 31 March 2025 925,795
Net book value
At 31 March 2025 432,205
At 31 March 2024 468,080

FRESTON PROPERTY PHOENIX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Fixed investments

Investment property is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. The properties have been revalued and the change in value has been shown in the profit and loss account for the year ended 31st March 2025. No depreciation is charged on investment properties.

FRESTON PROPERTY PHOENIX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Debtors

2025 2024
££
Debtors due after more than one year: 27,181 22,970

FRESTON PROPERTY PHOENIX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Creditors: amounts falling due within one year note

2025 2024 Trade Creditors 307825 91157 Accruals & Deferred income 215957 392465 Other Creditors 78309 76995 Taxes & Social security 3161 20155 Bank Facility 472879 94058 Total 1078131 674831

FRESTON PROPERTY PHOENIX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

7. Creditors: amounts falling due after more than one year note

2025 2024 Shareholder loan 17754995 17399995 Bank facility 9144868 9266222 Total 26899863 26666217

FRESTON PROPERTY PHOENIX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

8. Related party transactions

Name of the related party: Sir Charles Dunstone
Relationship:
Shareholder
Description of the Transaction: Loan to company
£
Balance at 01 April 2024 12,410,995
Balance at 31 March 2025 12,765,995
Name of the related party: Roger Taylor
Relationship:
Shareholder
Description of the Transaction: Loan to company
£
Balance at 01 April 2024 4,989,000
Balance at 31 March 2025 4,989,000
Name of the related party: Marrof Management Limited
Relationship:
Entity under common control
Description of the Transaction: During the year the company was charged management fee expenses of £24,000 from Marrof Management Limited, an entity under common control.
£
Balance at 01 April 2024 24,000
Balance at 31 March 2025 24,000