REGISTERED NUMBER: 03655584 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

CHARLES CAMERON RESIDENTIAL LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

N G A Jordan

P P Meredith

REGISTERED OFFICE:

Cameron House

23-23 High Street

Yiewsley

UB7 7QG

REGISTERED NUMBER:

03655584 (England and Wales)

ACCOUNTANTS:

K J Pittalis and Partners LLP

Chartered Certified Accountants

Global House

303 Ballards Lane

London

N12 8NP

FIXED ASSETS

Tangible assets

4

13,295

16,439

CURRENT ASSETS

Debtors

5

438,183

274,869

Cash at bank

1,377,132

1,413,703

1,815,315

1,688,572

CREDITORS

Amounts falling due within one year

6

(1,498,897

)

(1,384,352

)

NET CURRENT ASSETS

316,418

304,220

TOTAL ASSETS LESS CURRENT LIABILITIES

329,713

320,659

CREDITORS

Amounts falling due after more than one year

7

(239,364

)

(265,959

)

PROVISIONS FOR LIABILITIES

9

(3,038

)

(3,761

)

NET ASSETS

87,311

50,939

CAPITAL AND RESERVES

Called up share capital

10

2

2

Retained earnings

87,309

50,937

SHAREHOLDERS' FUNDS

87,311

50,939

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 30 September 2025 and were signed on its behalf by:

N G A Jordan - Director

1.	STATUTORY INFORMATION

Charles Cameron Residential 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

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

Turnover represents sale of services net of VAT & trade discounts. Turnover are recognised when the services are provided to the customers.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life

Fixtures and fittings - 25% on reducing balance

Computer equipment - 25% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

149,209

36,010

185,219

Additions

454

833

1,287

At 31 December 2024

149,663

36,843

186,506

DEPRECIATION

At 1 January 2024

135,033

33,747

168,780

Charge for year

3,657

774

4,431

At 31 December 2024

138,690

34,521

173,211

NET BOOK VALUE

At 31 December 2024

10,973

2,322

13,295

At 31 December 2023

14,176

2,263

16,439

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Trade debtors

326,858

177,951

Amounts owed by related parties

99,109

96,886

Other debtors

12,216

32

438,183

274,869

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Bank loans and overdrafts (see note 8)

1,257

-

Trade creditors

123,759

70,518

Taxation and social security

82,413

95,389

Other creditors

1,291,468

1,218,445

1,498,897

1,384,352

In other creditors there is an amount of £1,235,999 relating to the Client Account bank balances for the client deposits held.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

£

Bank loans (see note 8)

14,330

24,948

Amounts owed to related parties

225,034

241,011

239,364

265,959

31/12/24

31/12/23

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans repayable in more

than 5 years by Instalments

14,330

24,948

14,330

24,948

8.

LOANS

An analysis of the maturity of loans is given below:

31/12/24

31/12/23

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

1,257

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans repayable in more

than 5 years by Instalments

14,330

24,948

14,330

24,948

An unsecured loan of £50,000 was taken out in May 2020 under the Bounce Back Loan Scheme. This is a government backed loan and interest is paid by the government for the first year, with 2.5% charged annually thereafter.The loan will be repaid in equal capital instalments across 6 years with the final payment in April 2027.

9.	PROVISIONS FOR LIABILITIES

31/12/24

31/12/23

£

£

Deferred tax

3,038

3,761

Deferred

tax

£

Balance at 1 January 2024

3,761

Provided during year

(723

)

Balance at 31 December 2024

3,038

10.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31/12/24

31/12/23

value:

£

£

2

Share capital 1

£1

2

2

11.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owes £225,034 (2023: £241,011) to Charles Cameron (Sales) Ltd.

The company is owed £93,051 (2023: £92,212) from Drayton Square Ltd, £4,573 (2023: £3,696) from Cameron Uxbridge Ltd, £128 (2023: £40) from Cameron Land & Planning Ltd, £1,357 (2023: £938) from Reading and Norwich Limited.

The company paid management charges of £115,642 (2023: £126,681) to Cloudberry Property Services, in which both directors are partners

All the companies mentioned above are under the control of the directors.