BrightAccountsProduction v1.0.0 v1.0.0 2024-03-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity is that of property investment and consultancy. 5 November 2025 0 0 10380453 2025-02-28 10380453 2024-02-29 10380453 2023-02-28 10380453 2024-03-01 2025-02-28 10380453 2023-03-01 2024-02-29 10380453 uk-bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 10380453 uk-curr:PoundSterling 2024-03-01 2025-02-28 10380453 uk-bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 10380453 uk-bus:FullAccounts 2024-03-01 2025-02-28 10380453 uk-core:ShareCapital 2025-02-28 10380453 uk-core:ShareCapital 2024-02-29 10380453 uk-core:RetainedEarningsAccumulatedLosses 2025-02-28 10380453 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 10380453 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-02-28 10380453 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-02-29 10380453 uk-bus:FRS102 2024-03-01 2025-02-28 10380453 uk-core:PlantMachinery 2024-03-01 2025-02-28 10380453 uk-core:FurnitureFittingsToolsEquipment 2024-03-01 2025-02-28 10380453 uk-core:WithinOneYear 2025-02-28 10380453 uk-core:WithinOneYear 2024-02-29 10380453 uk-core:WithinOneYear 2025-02-28 10380453 uk-core:WithinOneYear 2024-02-29 10380453 uk-core:AfterOneYear 2025-02-28 10380453 uk-core:AfterOneYear 2024-02-29 10380453 uk-core:BetweenOneTwoYears 2025-02-28 10380453 uk-core:BetweenOneTwoYears 2024-02-29 10380453 uk-core:BetweenTwoFiveYears 2025-02-28 10380453 uk-core:BetweenTwoFiveYears 2024-02-29 10380453 uk-core:MoreThanFiveYears 2025-02-28 10380453 uk-core:MoreThanFiveYears 2024-02-29 10380453 uk-core:EmployeeBenefits 2024-02-29 10380453 uk-core:EmployeeBenefits 2024-03-01 2025-02-28 10380453 uk-core:AcceleratedTaxDepreciationDeferredTax 2025-02-28 10380453 uk-core:TaxLossesCarry-forwardsDeferredTax 2025-02-28 10380453 uk-core:OtherDeferredTax 2025-02-28 10380453 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2025-02-28 10380453 uk-core:EmployeeBenefits 2025-02-28 10380453 uk-core:ParentEntities 2024-03-01 2025-02-28 10380453 2024-03-01 2025-02-28 10380453 uk-bus:Director1 2024-03-01 2025-02-28 10380453 uk-bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 xbrli:pure iso4217:GBP xbrli:shares

Company Registration Number: 10380453

Maltings Place SE1 Limited

Unaudited Financial Statements

for the financial year ended 28 February 2025

Maltings Place SE1 Limited

Company Registration Number: 10380453

BALANCE SHEET

as at 28 February 2025

|  |  | 2025 |  | 2024
|  | Notes | £ |  | £
Fixed Assets

Tangible assets |  | 4 | 1,487 |  | 961
Investment properties |  | 5 | 1,690,000 |  | 1,655,000
|  |  | ───────── |  | ─────────
Fixed Assets |  |  | 1,691,487 |  | 1,655,961
|  |  | ───────── |  | ─────────
Current Assets

Debtors |  | 6 | - |  | 131
Cash at bank and in hand |  |  | 3,574 |  | 4,471
|  |  | ───────── |  | ─────────
|  |  | 3,574 |  | 4,602
|  |  | ───────── |  | ─────────
Creditors: amounts falling due within one year |  | 7 | (22,155) |  | (27,828)
|  |  | ───────── |  | ─────────
Net Current Liabilities |  |  | (18,581) |  | (23,226)
|  |  | ───────── |  | ─────────
Total Assets less Current Liabilities |  |  | 1,672,906 |  | 1,632,735
Creditors:

amounts falling due after more than one year |  | 8 | (1,297,316) |  | (1,302,185)
Provisions for liabilities |  | 9 | (35,991) |  | (27,109)
|  |  | ───────── |  | ─────────
Net Assets |  |  | 339,599 |  | 303,441
|  |  | ═════════ |  | ═════════
Capital and Reserves

Called up share capital |  |  | 100 |  | 100
Retained earnings |  |  | 339,499 |  | 303,341
|  |  | ───────── |  | ─────────
Shareholders' Funds |  |  | 339,599 |  | 303,441
|  |  | ═════════ |  | ═════════
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Director's Report.

For the financial year ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 5 November 2025

________________________________ |  |  |  |  |
Mr Sanjib Sharma |  |  |  |  |
Director |  |  |  |  |

Maltings Place SE1 Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 28 February 2025

1. | General Information
| Maltings Place SE1 Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 10380453. The registered office of the company is 68 Sandown Road, West Malling, Kent, ME19 6NR. The principal activity is that of property investment and consultancy. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

2. | Summary of Significant Accounting Policies
| The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
| Statement of compliance
| The financial statements of the company for the financial year ended 28 February 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
| Basis of preparation
| The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
| Turnover
| Turnover comprises the invoice value of services supplied by the company, and rental income receivable.
| Tangible assets and depreciation
| Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
|  | Plant and machinery | - | 33% Straight line
|  | Fixtures, fittings and equipment | - | 20% Straight line
| The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
| Investment properties
| Investment property is property held either to earn rental income, or for capital appreciation (including future re-development) or for both, but not for sale in the ordinary course of business. Investment property is initially measured at cost, which includes the purchase cost and any directly attributable expenditure. Investment property is subsequently valued at its fair value at each reporting date, by professional external valuers. The difference between the fair value of an investment property at the reporting date and its carrying value prior to the valuation is recognised in the Profit and Loss Account as a fair value gain or loss. Any gain or loss on disposal of an investment property (calculated as the difference between the net proceeds from disposal and the carrying amount of the item) is recognised in the Profit and Loss Account.
| Trade and other debtors
| Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
| Provisions
| Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
| Trade and other creditors
| Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
| Taxation and deferred taxation
| Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date. Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
| Ordinary share capital
| The ordinary share capital of the company is presented as equity.

3. | Employees
| The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).

4. | Tangible assets
|  | Plant and | Fixtures, | Total
|  | machinery | fittings and |
|  |  | equipment |
|  | £ | £ | £
| Cost or Valuation
| At 1 March 2024 | 617 | 918 | 1,535
| Additions | - | 1,144 | 1,144
|  | ───────── | ───────── | ─────────
| At 28 February 2025 | 617 | 2,062 | 2,679
|  | ───────── | ───────── | ─────────
| Depreciation
| At 1 March 2024 | 206 | 368 | 574
| Charge for the financial year | 206 | 412 | 618
|  | ───────── | ───────── | ─────────
| At 28 February 2025 | 412 | 780 | 1,192
|  | ───────── | ───────── | ─────────
| Net book value
| At 28 February 2025 | 205 | 1,282 | 1,487
|  | ═════════ | ═════════ | ═════════
| At 29 February 2024 | 411 | 550 | 961
|  | ═════════ | ═════════ | ═════════

5. | Investment Properties
|  | Investment
|  | properties
|  | £
| Valuation
| At 1 March 2024 | 1,655,000
| Revaluation | 35,000
|  | ─────────
| At 28 February 2025 | 1,690,000
|  | ─────────
| Net book value
| At 28 February 2025 | 1,690,000
|  | ═════════
| At 29 February 2024 | 1,655,000
|  | ═════════

6. | Debtors | 2025 | 2024
|  | £ | £
| Prepayments and accrued income | - | 131
|  | ═════════ | ═════════

7. | Creditors | 2025 | 2024
| Amounts falling due within one year | £ | £
| Bank loan | 5,167 | 5,040
| Taxation | 2,231 | 8,066
| Director's current account | 8,313 | 8,422
| Accruals and deferred income | 6,444 | 6,300
|  | ───────── | ─────────
|  | 22,155 | 27,828
|  | ═════════ | ═════════

8. | Creditors | 2025 | 2024
| Amounts falling due after more than one year | £ | £
| Bank loan | 1,297,316 | 1,302,185
|  | ═════════ | ═════════
| Loans
| Repayable in one year or less, or on demand (Note 7) | 5,167 | 5,040
| Repayable between one and two years | 3,507 | 5,167
| Repayable between two and five years | - | 3,507
| Repayable in five years or more | 1,293,809 | 1,293,511
|  | ───────── | ─────────
|  | 1,302,483 | 1,307,225
|  | ═════════ | ═════════
| The bank loans of £1,297,316 (2024: £1,302,185) represent a government bounce back loan of £3,507 (2024: £8,674) and amounts drawn down on credit facilities of £1,293,809 (2024: £1,293,511). The government bounce back loan is unsecured and repayable in instalments until 7 September 2026. The amounts drawn down on credit facilities are secured by legal mortgage and a fixed charge over the company's investment properties. £505,006 is repayable by 6 July 2037, £342,372 is repayable by 26 June 2042 and £446,431 is repayable by 10 July 2042.

9. | Provisions for liabilities
| The amounts provided for deferred taxation are analysed below:
|  | Capital | Property | Total | Total
|  | allowances | revaluations |  |
|  |  |  | 2025 | 2024
|  | £ | £ | £ | £
| At financial year start | 240 | 26,869 | 27,109 | 27,053
| Charged to profit and loss | 132 | 8,750 | 8,882 | 56
|  | ───────── | ───────── | ───────── | ─────────
| At financial year end | 372 | 35,619 | 35,991 | 27,109
|  | ═════════ | ═════════ | ═════════ | ═════════

10. | Parent company
| The company regards Tanner SE1 Holdings Limited as its parent company.