REGISTERED NUMBER: 10007110 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

DRAYTON SQUARE 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:

Global House

303 Ballards Lane

London

N12 8NP

REGISTERED NUMBER:

10007110 (England and Wales)

ACCOUNTANTS:

K J Pittalis and Partners LLP

Chartered Certified Accountants

Global House

303 Ballards Lane

London

N12 8NP

FIXED ASSETS

Investment property

4

578,462

578,462

CURRENT ASSETS

Debtors

5

78,555

78,555

Cash at bank

1,093

1,500

79,648

80,055

CREDITORS

Amounts falling due within one year

6

(181,258

)

(179,204

)

NET CURRENT LIABILITIES

(101,610

)

(99,149

)

TOTAL ASSETS LESS CURRENT LIABILITIES

476,852

479,313

CREDITORS

Amounts falling due after more than one year

7

(210,146

)

(243,366

)

NET ASSETS

266,706

235,947

CAPITAL AND RESERVES

Called up share capital

8

2

2

Retained earnings

9

266,704

235,945

266,706

235,947

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

N G A Jordan - Director

1.	STATUTORY INFORMATION

Drayton Square 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.

DELETE AS APPROPRIATE

Turnover represents amounts received from rooms let out. Income is recognised to the year end date.

Turnover represents rents receivable from the investment properties owned by company. Rents are recognised up to the year end date.

Turnover represents sales of services net of VAT and trade discounts. Turnover is recognised when the services are provided to the customer.

Investment property

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

578,462

NET BOOK VALUE

At 31 December 2024

578,462

At 31 December 2023

578,462

The fair value of the properties at December 2023 has been arrived at on the basis of a valuation carried out at that date by the directors of the company who are not professionally qualified valuers. The valuation was arrived at by reference to market evidence of transaction prices for similar properties in the location and takes into account the yield from rentals in the area where the property is situated.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Amounts owed by related parties

78,555

78,555

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

£

Bank loans and overdrafts

59,486

59,486

Amounts owed to related parties

93,051

92,215

Tax

9,380

8,136

VAT

2,480

2,506

Other creditors

13,861

13,861

Accrued expenses

3,000

3,000

181,258

179,204

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

£

Bank loans - 2-5 years

8,425

41,645

Amounts owed to related parties

201,721

201,721

210,146

243,366

8.	CALLED UP SHARE CAPITAL

**	POSTING HAS BEEN MADE TO SHARE CAPITAL 1 ACCOUNT ON TRIAL BALANCE BUT NO CORRESPONDING ENTRY HAS BEEN MADE ON CLIENT SCREEN FOR SHARE CAPITAL 1

THIS NOTE WILL THEREFORE NOT AGREE TO AMOUNT SHOWN ON

BALANCE SHEET

9.

RESERVES

Retained

earnings

£

At 1 January 2024

235,945

Profit for the year

30,759

At 31 December 2024

266,704

10.	RELATED PARTY DISCLOSURES

As at the balance sheet date, the company owes £92,212 (2022 - £87,039), to Charles Cameron (Residential) Ltd, £201,721(2022 - £201,721) to Charles Cameron (Sales) Ltd.

The company is owed £78,555 (2022: £78,555) from Cameron Land & Planning Ltd.

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