REGISTERED NUMBER: 04127043 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CAMEO PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Patrick Johnson

Maria-Louisa Manton

REGISTERED OFFICE:

15 Home Farm Road

Rickmansworth

Hertfordshire

WD3 1JU

REGISTERED NUMBER:

04127043 (England and Wales)

ACCOUNTANTS:

Defries Weiss (Accountants) Limited

C/O Simmons Gainsford

14th Floor

33 Cavendish Square

London

W1G 0PW

FIXED ASSETS

Tangible assets

4

110

147

Investment property

5

3,825,000

3,825,000

3,825,110

3,825,147

CURRENT ASSETS

Debtors

6

571,947

611,867

Cash at bank

149,581

43,731

721,528

655,598

CREDITORS

Amounts falling due within one year

7

3,090,319

3,024,732

NET CURRENT LIABILITIES

(2,368,791

)

(2,369,134

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,456,319

1,456,013

PROVISIONS FOR LIABILITIES

154,006

117,044

NET ASSETS

1,302,313

1,338,969

CAPITAL AND RESERVES

Called up share capital

112

112

Share premium

588

588

Fair value reserve

8

1,300,994

1,337,956

Retained earnings

619

313

SHAREHOLDERS' FUNDS

1,302,313

1,338,969

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 23 August 2025 and were signed on its behalf by:

Patrick Johnson - Director

1.	STATUTORY INFORMATION

Cameo Properties Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at 25% on reducing balance in order to write off computer equipment over its estimated useful life.

Investment property

Investment properties are accounted for in accordance with the provisions of section 16 of FRS 102. They are valued annually by the director, and from time to time by an independent professional valuer, on a fair value basis. The surplus or deficit on revaluation is transferred to the income statement. Deferred tax is provided on revaluation gains at the rate expected to apply when the property is sold.

Financial instruments

Basic financial assets and liabilities, including trade debtors and creditors, other debtors and creditors and amounts with related parties are initially recognised at transaction price and are subsequently carried at amortised cost using the effective interest method unless the arrangements constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets and liabilities classified as receivable or payable within one year are not amortised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the income statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

659

DEPRECIATION

At 1 January 2024

512

Charge for year

37

At 31 December 2024

549

NET BOOK VALUE

At 31 December 2024

110

At 31 December 2023

147

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

3,825,000

NET BOOK VALUE

At 31 December 2024

3,825,000

At 31 December 2023

3,825,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2014

905,000

Valuation in 2015

475,000

Valuation in 2017

200,000

Valuation in 2018

(595,000

)

Valuation in 2020

470,000

Cost

2,370,000

3,825,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

600

600

Amounts owed by group undertakings

546,347

600,520

Sundry debtors

25,000

10,747

571,947

611,867

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Taxation and social security

11,331

9,585

Sundry creditors

3,078,988

3,015,147

3,090,319

3,024,732

8.

RESERVES

Fair

value

reserve

£

At 1 January 2024

1,337,956

Bonus share issue

(36,962

)

At 31 December 2024

1,300,994

9.	GOING CONCERN

The financial statements have been prepared on a going concern basis, which is dependent on the continued support of The Round Table Limited, an unconnected third party to which the company owed £3,067,866 (2023: £3,007,839) at the balance sheet date. The directors do not expect this support to be withdrawn in the foreseeable future and therefore the going concern basis is reasonable.