Cuffley Properties Ltd


Directors	Mandeep Singh Binning
	Antonis Demetri
	Antonis Theori
	Nicholas Theori


Registered Address	10-12 2nd Floor
	Bourlet Close
	London
	W1W 7BR


Place of Business	Olive Tree Centre
	472A Larkshall Road
	Higham's Park
	London
	E4 9HH


Registered Number	10902631 (England and Wales)

Balance Sheet as at
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		8,600,000		8,610,269
			8,600,000		8,610,269
Current assets
Debtors	4,5	232,531		187,723
Cash at bank and on hand		414,670		306,799
		647,201		494,522
Creditors amounts falling due within one year	6	(1,171,984)		(1,198,598)
Net current assets (liabilities)			(524,783)		(704,076)
Total assets less current liabilities			8,075,217		7,906,193
Creditors amounts falling due after one year	7		(4,850,000)		(4,850,000)
Provisions for liabilities	8		(834,684)		(834,684)
Net assets			2,390,533		2,221,509
Capital and reserves
Called up share capital			100		100
Revaluation reserve			2,504,053		2,504,053
Profit and loss account			(113,620)		(282,644)
Shareholders' funds			2,390,533		2,221,509

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

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

Mandeep Singh Binning
Director
Registered Company No. 10902631

Cuffley Properties Ltd

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover represents the net value of the rent received as per rental agreements.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	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 or 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

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 or 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows Depreciation rate @ straight line is 25%

	Investment property
	Investment Properties are stated at fair market valuations. Surplus or deficit arising on the revaluation are transferred on the profit and loss account.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Land & buildings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 September 24	8,600,000	46,815	8,646,815
At 31 August 25	8,600,000	46,815	8,646,815
Depreciation and impairment
At 01 September 24	-	36,546	36,546
Charge for year	-	10,269	10,269
At 31 August 25	-	46,815	46,815
Net book value
At 31 August 25	8,600,000	-	8,600,000
At 31 August 24	8,600,000	10,269	8,610,269


	The valuation of the properties have been carried out by the directors of the company and reflects the fair market value at the balance sheet date. The historical cost of the investment property is £5,261,263.

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	83,464	56,158
Other debtors	16,967	16,573
Prepayments and accrued income	119,350	86,942
Total	219,781	159,673


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

5.	Debtors: amounts due after one year

	2025	2024
	£	£
Other debtors	12,750	28,050
Total	12,750	28,050

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	119,684	115,634
Taxation and social security	35,946	44,428
Other creditors	1,009,919	975,726
Accrued liabilities and deferred income	6,435	62,810
Total	1,171,984	1,198,598


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	4,850,000	4,850,000
Total	4,850,000	4,850,000


	The bank loans are secured against the property and personal guaranties are given by the directors.

8.	Provisions for liabilities
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	2025	2024
	£	£
Net deferred tax liability (asset)	834,684	834,684
Total	834,684	834,684