REGISTERED NUMBER: 02672360 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LONDON AND CENTRAL INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr David Ian Winton

Mr Izak Uziyel

Mr Jonathan Harry Winton

Mrs Freda Uziyel

Mrs Francoise Cecilia Winton

SECRETARY:

Mrs Francoise Cecilia Winton

REGISTERED OFFICE:

55 Loudoun Road

St John's Wood

London

NW8 0DL

REGISTERED NUMBER:

02672360 (England and Wales)

ACCOUNTANTS:

MGR SD Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Property, plant and equipment

4

72

97

Investment property

5

45,775,000

46,275,000

45,775,072

46,275,097

CURRENT ASSETS

Debtors

6

868,093

922,638

Cash at bank

666,214

1,294,193

1,534,307

2,216,831

CREDITORS

Amounts falling due within one year

7

(718,881

)

(878,327

)

NET CURRENT ASSETS

815,426

1,338,504

TOTAL ASSETS LESS CURRENT LIABILITIES

46,590,498

47,613,601

CREDITORS

Amounts falling due after more than one year

8

(9,500,000

)

(9,500,000

)

PROVISIONS FOR LIABILITIES

11

(7,283,739

)

(7,404,989

)

NET ASSETS

29,806,759

30,708,612

CAPITAL AND RESERVES

Called up share capital

12

100

100

Fair value reserve

13

28,588,464

28,967,213

Retained earnings

1,218,195

1,741,299

SHAREHOLDERS' FUNDS

29,806,759

30,708,612

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 25 September 2025 and were signed on its behalf by:

Mr David Ian Winton - Director

Mr Izak Uziyel - Director

1.	STATUTORY INFORMATION

London and Central Investments 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 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rent received, net of value added tax.

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

Investment property

Investment property is shown at most recent directors' valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

6,035

DEPRECIATION

At 1 April 2024

5,938

Charge for year

25

At 31 March 2025

5,963

NET BOOK VALUE

At 31 March 2025

72

At 31 March 2024

97

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

46,275,000

Revaluations

(500,000

)

At 31 March 2025

45,775,000

NET BOOK VALUE

At 31 March 2025

45,775,000

At 31 March 2024

46,275,000

The directors consider the above valuations to be valid as at 31 March 2025.

Fair value at 31 March 2025 is represented by:

£

Valuation in 2022

36,372,203

Valuation in 2025

(500,000

)

Cost

9,902,797

45,775,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

836,417

890,962

Other debtors

31,676

31,676

868,093

922,638

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

295,391

454,835

Other creditors

423,490

423,492

718,881

878,327

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans (see note 9)

9,500,000

9,500,000

9.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

9,500,000

9,500,000

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

9,500,000

9,500,000

The bank loans are secured by a fixed and floating charge over the assets of the company.

11.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

7,283,739

7,404,989

Deferred

tax

£

Balance at 1 April 2024

7,404,989

Credit to Income Statement during year

(121,250

)

Balance at 31 March 2025

7,283,739

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

40

Ordinary 'A'

£1

40

40

40

Ordinary 'B'

£1

40

40

20

Ordinary 'C'

£1

20

20

100

100

The Ordinary 'A' Shareholders are entitled to appoint an 'A' Director to represent the 'A' shareholders interest, and vote at general meetings of the company except that they have no powers to appoint 'B' Directors.

The Ordinary 'B' Shareholders are entitled to appoint a 'B' Director to represent the 'B' shareholders interest, and vote at general meetings of the company except that they have no powers to appoint 'A' Directors.

The Ordinary 'C' Shareholders are entitled to appoint a 'C' Director to represent the 'C' shareholders interest, but have no voting rights.

All of the Ordinary shares rank equally on winding up.

13.

RESERVES

Fair

value

reserve

£

At 1 April 2024

28,967,213

Fair value reserve revaluation

(378,749

)

At 31 March 2025

28,588,464