CITY RESIDENTIAL LIMITED

Unaudited Financial Statements

for the Year Ended 30th September 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Bevan

Mrs K Rogerson-Bevan

REGISTERED OFFICE:

1 Abbots Quay

Monks Ferry

Birkenhead

Merseyside

CH41 5LH

REGISTERED NUMBER:

04107612 (England and Wales)

ACCOUNTANTS:

DJH Wirral & Chester Limited

1 Abbots Quay

Monks Ferry

Birkenhead

CH41 5LH

FIXED ASSETS

Intangible assets

4

156,155

164,830

Tangible assets

5

6,815

22,297

162,970

187,127

CURRENT ASSETS

Debtors

6

10,893

10,260

Cash at bank and in hand

195,357

148,671

206,250

158,931

CREDITORS

Amounts falling due within one year

7

168,654

164,288

NET CURRENT ASSETS/(LIABILITIES)

37,596

(5,357

)

TOTAL ASSETS LESS CURRENT LIABILITIES

200,566

181,770

CREDITORS

Amounts falling due after more than one year

8

32,479

70,667

NET ASSETS

168,087

111,103

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

167,987

111,003

SHAREHOLDERS' FUNDS

168,087

111,103

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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 21st October 2025 and were signed on its behalf by:

A J Bevan - Director

1.	STATUTORY INFORMATION

City 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.

Significant judgements and estimates

Preparation of the financial statements requires management to make significant judgements and estimates. The items in the financial statements where these judgments and estimates have been made include depreciation of fixed assets.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

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

- Plant and machinery - 25% on reducing balance

- Fixtures and fittings - 20% on reducing balance

Financial instruments

Debtors, creditors and directors loans (being repayable on demand) are measured at the undiscounted amount of the cash or other consideration expected to be paid.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

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 18 (2024 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st October 2024

and 30th September 2025

173,505

AMORTISATION

At 1st October 2024

8,675

Charge for year

8,675

At 30th September 2025

17,350

NET BOOK VALUE

At 30th September 2025

156,155

At 30th September 2024

164,830

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1st October 2024

32,078

116,002

22,989

171,069

Additions

-

3,727

-

3,727

Disposals

-

-

(22,989

)

(22,989

)

At 30th September 2025

32,078

119,729

-

151,807

DEPRECIATION

At 1st October 2024

31,948

111,077

5,747

148,772

Charge for year

32

1,935

-

1,967

Eliminated on disposal

-

-

(5,747

)

(5,747

)

At 30th September 2025

31,980

113,012

-

144,992

NET BOOK VALUE

At 30th September 2025

98

6,717

-

6,815

At 30th September 2024

130

4,925

17,242

22,297

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

7,474

6,594

Directors' current accounts

-

674

Prepayments and accrued income

3,419

2,992

10,893

10,260

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

6,667

10,000

Trade creditors

12,031

7,174

Taxation and social security

103,643

98,591

Other creditors

46,313

48,523

168,654

164,288

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

6,667

Other creditors

32,479

64,000

32,479

70,667

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th September 2025 and 30th September 2024:

2025

2024

£

£

A J Bevan

Balance outstanding at start of year

674

-

Amounts advanced

-

674

Amounts repaid

(674

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

674

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £108,000 (2024 - £108,000) were paid to Forvan Holdings Limited, a company under the control of Mr A J Bevan and Mrs K Rogerson-Bevan who are directors of City Residential Limited.