Cobol Property Investments Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08382471

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,248		1,664
Investment Properties	5		2,503,249		2,531,212

			2,504,497		2,532,876
CURRENT ASSETS
Debtors	6	3,012		5,241
Cash at bank and in hand		78,339		5,090

		81,351		10,331
Creditors: Amounts Falling Due Within One Year	7	(1,038,417 )		(1,066,216 )

NET CURRENT ASSETS (LIABILITIES)			(957,066 )		(1,055,885 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,547,431		1,476,991

Creditors: Amounts Falling Due After More Than One Year	8		(370,125 )		(375,663 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(156,780 )		(147,687 )

NET ASSETS			1,020,526		953,641

CAPITAL AND RESERVES
Called up share capital	9		100		100
Fair value reserve	10		802,717		763,621
Profit and Loss Account			217,709		189,920

SHAREHOLDERS' FUNDS			1,020,526		953,641

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Cobol Property Investments Limited

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr R Walker

Director

7th November 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Cobol Property Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08382471 . The registered office is 1 Princes Court, Royal Way, Loughborough, Leicestershire, LE11 5XR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes rents receivable, and is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Taxation

Taxation expense represents the sum of the tax currently payable and deferred tax.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences to the extent that it is considered a net liability may crystallise.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Cobol Property Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost or Valuation
As at 1 April 2024	1,296	2,650	3,946

As at 31 March 2025	1,296	2,650	3,946

Depreciation
As at 1 April 2024	1,123	1,159	2,282
Provided during the period	43	373	416

As at 31 March 2025	1,166	1,532	2,698

Net Book Value
As at 31 March 2025	130	1,118	1,248

As at 1 April 2024	173	1,491	1,664

5. Investment Property

	2025
	£
Fair Value
As at 1 April 2024	2,531,212
Additions	37
Disposals	(95,000 )
Revaluations	67,000

As at 31 March 2025	2,503,249

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2025	2024
	£	£
Cost	1,632,038	1,708,268

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	1,805
Prepayments and accrued income	3,012	3,436

	3,012	5,241

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Cobol Property Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	3,055	1,748
Bank loans and overdrafts	-	32,486
Corporation tax	18,406	9,865
Other creditors	420	6,920
Accruals and deferred income	1,350	1,350
Intercompany Loan - Cobol Ltd	1,015,186	1,013,847

	1,038,417	1,066,216

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	370,125	375,663

Bank loans are secured with Handelsbanken, by various charges over the investment properties.

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Reserves

	Fair Value Reserve
	£
As at 1 April 2024	763,621
Transfer to profit and loss	39,096

As at 31 March 2025	802,717

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