Company No: 03127281 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Directors	J Laver (Resigned 20 February 2025)
	N O'Sullivan (Appointed 25 November 2024)
	J Robson
	Dr S Round (Appointed 25 November 2024)
	J G Turner

Registered office	Cinnamon Wharf
	24 Shad Thames
	London
	SE1 2YJ
	United Kingdom

Company number

03127281 (England and Wales)

Chartered accountants	Kreston Reeves LLP
	2nd Floor
	168 Shoreditch High Street
	London
	E1 6RA
	United Kingdom

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	127,967		127,967
		127,967		127,967
Current assets
Debtors	4	7,525		5,303
Cash at bank and in hand	5	460,968		450,826
		468,493		456,129
Creditors: amounts falling due within one year	6	( 34,789)		( 28,865)
Net current assets		433,704		427,264
Total assets less current liabilities		561,671		555,231
Net assets		561,671		555,231
Capital and reserves
Called-up share capital	7	427		427
Other reserves		250,957		250,957
Profit and loss account		310,287		303,847
Total shareholders' funds		561,671		555,231

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Cinnamon Freehold Limited (registered number: 03127281) were approved and authorised for issue by the Board of Directors on 18 September 2025. They were signed on its behalf by:

J G Turner Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Cinnamon Freehold Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Cinnamon Wharf, 24 Shad Thames, London, SE1 2YJ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings

not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	0		0

3. Tangible assets

	Land and buildings		Total
	£		£
Cost
At 01 January 2024	127,967		127,967
At 31 December 2024	127,967		127,967
Accumulated depreciation
At 01 January 2024	0		0
At 31 December 2024	0		0
Net book value
At 31 December 2024	127,967		127,967
At 31 December 2023	127,967		127,967

4. Debtors

	2024		2023
	£		£
Amounts owed by fellow subsidiaries	6,432		4,210
Other debtors	1,093		1,093
	7,525		5,303

5. Cash and cash equivalents

	2024		2023
	£		£
Cash at bank and in hand	460,968		450,826

6. Creditors: amounts falling due within one year

	2024		2023
	£		£
Other creditors	34,789		28,865

7. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
427 Ordinary shares of £ 1.00 each	427		427

8. Related party transactions

The company maintains a current account with Cinnamon Wharf Service Charge which is maintained by the associated residents' management company, Cinnamon Wharf Limited. During the year Cinnamon Wharf Service Charge demanded ground rents of £2,222 (2023: £922). The balance outstanding at the year end shown under Debtors was £6,432 (2023: £4,210). No interest is charged on the amount from Cinnamon Wharf Service Charge and there are no fixed terms of repayment.