ACCOUNTS - Final Accounts

Registered number: 05562076

4-6 CLIVEDEN PLACE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

4-6 CLIVEDEN PLACE LIMITED

REGISTERED NUMBER: 05562076

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Investment property	4		1,062,500		1,062,500
			1,062,500		1,062,500
Current assets
Debtors: amounts falling due within one year	5	98,724		87,264
		98,724		87,264
Creditors: amounts falling due within one year	6	(212,768)		(211,879)
Net current liabilities			(114,044)		(124,615)
Total assets less current liabilities			948,456		937,885
Provisions for liabilities
Deferred tax	7	(235,210)		(234,403)
			(235,210)		(234,403)
Net assets			713,246		703,482

Capital and reserves
Called up share capital	8	230	230
Investment property reserve		638,087	638,087
Profit and loss account		74,929	65,165
		713,246	703,482

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4-6 CLIVEDEN PLACE LIMITED

REGISTERED NUMBER: 05562076

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 September 2025.

Mr M J Wright

Director

The notes on pages 3 to 6 form part of these financial statements.

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4-6 CLIVEDEN PLACE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

4-6 Cliveden Place Limited is a private company limited by shares incorporated in England within the United Kingdom. The address of the registered office is Causeway House, 1 Dane Street, Bishop's Stortford, Hertfordshire, CM23 3BT. The Company is part of a group.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

2.2

Turnover

Turnover comprises revenue recognised by the company in respect of rents receivable during the year, exclusive of Value Added Tax.

2.3

Investment property

Investment property is carried at fair value and reviewed annually by the Directors, taking into account information on current market rents and investment property yields for comparable real estate, adjusted to take into account the nature, location and condition of the property.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.7

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

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4-6 CLIVEDEN PLACE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

4.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 January 2024	1,062,500
	At 31 December 2024	1,062,500

The 2024 valuations were made by the Directors, on an open market value for existing use basis.

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4-6 CLIVEDEN PLACE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Debtors

					2024	2023
					£	£


Other debtors	98,724	86,827
Prepayments and accrued income	-	437
	98,724	87,264

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Corporation tax	2,009	750
Other creditors	207,440	207,440
Accruals and deferred income	3,319	3,689
	212,768	211,879

Other creditors for 2024 includes £207,440 (2023 - £207,440) lent to the Company by shareholders. The loans are interest free. See further information in note 9.

7.	Deferred taxation

	2024	2023
	£	£

At beginning of year	(234,403)	(233,419)
Charged to profit or loss	(807)	(984)
At end of year	(235,210)	(234,403)

The provision for deferred taxation is made up as follows:
	2024	2023
	£	£

Accelerated capital allowances	(79,458)	(78,651)
Revaluation of investment property	(155,752)	(155,752)
	(235,210)	(234,403)

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4-6 CLIVEDEN PLACE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

8.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

1,325,708 (2023 - 1,325,708) A Ordinary shares of £0.0001- each	133	133
974,292 (2023 - 974,292) B Ordinary shares of £0.0001- each	97	97

	230	230

9.	Related party transactions
	As at 1 January 2024, the Company had outstanding loans payable to some of the directors of £173,240. During the year, the Company made repayments totalling £Nil (2023 - £141,966). The balance at the year end was £173,240. The loans are interest free.

10.	Controlling company disclosure

Victoria Investment Holdings Limited, a company incorporated in Guernsey, is the controlling company. The registered address of the company is First Floor, Le Marchant House, Le Truchot, St Peter Port, Guernsey, GY1 1GR.

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