REGISTERED NUMBER: 03236680 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Carlton Hill Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr J K Barker

Mrs C M Barker

SECRETARY:

Mrs C M Barker

REGISTERED OFFICE:

29 Axwell Park Road

Blaydon on Tyne

Tyne and Wear

NE21 5PB

REGISTERED NUMBER:

03236680 (England and Wales)

ACCOUNTANTS:

S&W Partners (Newcastle) Limited

17 Queens Lane

Newcastle upon Tyne

Tyne and Wear

NE1 1RN

FIXED ASSETS

Tangible assets

5

13,954

27,956

Investments

6

166,000

166,000

Investment property

7

730,000

730,000

909,954

923,956

CURRENT ASSETS

Debtors

8

3,802

3,802

Cash at bank

46,109

35,437

49,911

39,239

CREDITORS

Amounts falling due within one year

9

(53,842

)

(55,842

)

NET CURRENT LIABILITIES

(3,931

)

(16,603

)

TOTAL ASSETS LESS CURRENT LIABILITIES

906,023

907,353

CREDITORS

Amounts falling due after more than one year

10

(141,125

)

(174,858

)

PROVISIONS FOR LIABILITIES

(33,252

)

(33,252

)

NET ASSETS

731,646

699,243

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

314,717

314,717

Profit and loss account

416,927

384,524

SHAREHOLDERS' FUNDS

731,646

699,243

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2025 and were signed on its behalf by:

Mr J K Barker - Director

1.	STATUTORY INFORMATION

Carlton Hill Properties 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the recognition of certain assets measured at fair value.

Turnover

The company is a property investment company. Turnover represents rents receivable in the period.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost and 20% on cost

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

Investments

Other investments relate to an investment in redeemable preference shares and are included in the company's balance sheet at cost less impairment. Dividend income is recognised in the profit and loss account, when the right to receive payment is established.

Impairment of assets

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Investment property

Investment property is included at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account along with the associated deferred tax.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments on non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.

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 and other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Current and deferred tax assets and liabilities are not discounted.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

and 31 January 2025

59,164

DEPRECIATION

At 1 February 2024

31,208

Charge for year

14,002

At 31 January 2025

45,210

NET BOOK VALUE

At 31 January 2025

13,954

At 31 January 2024

27,956

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 February 2024

and 31 January 2025

166,000

NET BOOK VALUE

At 31 January 2025

166,000

At 31 January 2024

166,000

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2024

and 31 January 2025

730,000

NET BOOK VALUE

At 31 January 2025

730,000

At 31 January 2024

730,000

The fair value of the property at 31 January 2024 has been arrived at on the basis of a valuation carried out by the director who is not a professionally qualified valuer. The valuation, was arrived at by reference to market evidence of transaction prices for similar properties in their location.

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

3,802

3,802

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

9,246

11,341

Other creditors

44,596

44,501

53,842

55,842

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

141,125

174,858