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COMPANY REGISTRATION NUMBER: 15421295

Charlotte Armitage Properties Limited

Filleted Unaudited Financial Statements

Period from 17 January 2024 to

31 January 2025

Charlotte Armitage Properties Limited

Statement of Financial Position

31 January 2025

| 31 Jan 25
Note | £ | £

Fixed assets

Tangible assets | 4 |  | 302,973

Current assets

Debtors | 5 | 10,497 |
Cash at bank and in hand | 2,004 |
| -------- |
| 12,501 |

Creditors: amounts falling due within one year | 6 | 100,050 |
| ---------- |
Net current liabilities |  | 87,549
|  | ----------
Total assets less current liabilities |  | 215,424

Creditors: amounts falling due after more than one year | 7 |  | 219,222
|  | ----------
Net liabilities |  | ( 3,798)
|  | ----------

Capital and reserves

Called up share capital |  | 100
Profit and loss account |  | ( 3,898)
|  | -------
Shareholders deficit |  | ( 3,798)
|  | -------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Charlotte Armitage Properties Limited

Statement of Financial Position (continued)

31 January 2025
These financial statements were approved by the board of directors and authorised for issue on 14 October 2025 , and are signed on behalf of the board by:

Miss Armitage |
Director |

Company registration number: 15421295

Charlotte Armitage Properties Limited

Notes to the Financial Statements

Period from 17 January 2024 to 31 January 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7 Castle Views, Waterside, Knaresborough, HG5 8DE, England.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
(a) Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
(b) Going concern
The company is in a net liabilities position of £3,798 at the balance sheet date. The director has confirmed their support will continue for the foreseeable future and will, where necessary, be increased in order to enable the company to continue normal trading operations. The accounts are therefore prepared on a going concern basis. The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.
(c) Revenue recognition
Turnover comprises revenue recognised by the company in respect of rental income receivable net of value added tax.
(d) Current and deferred tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
(e) Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
(f) Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.
(g) Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Tangible assets

| Long leasehold property
| £
Cost |
At 17 January 2024 | –
Additions | 302,973
| ----------
At 31 January 2025 | 302,973
| ----------
Depreciation |
At 17 January 2024 and 31 January 2025 | –
| ----------
Carrying amount |
At 31 January 2025 | 302,973
| ----------

Investment property has been recorded at cost. The Director is of the opinion that due to the timing of the acquisition, the market value is not materially different to cost.
5. Debtors

| 31 Jan 25
| £
Other debtors | 10,497
| --------

6. Creditors: amounts falling due within one year

| 31 Jan 25
| £
Loan | 98,970
Other creditors | 1,080
| ----------
| 100,050
| ----------

7. Creditors: amounts falling due after more than one year

| 31 Jan 25
| £
Bank loans and overdrafts | 219,222
| ----------

8. Related party transactions
During the year loans were made available to the company from another company under common control. At 31 January 2025, the total balance outstanding on these loans was £ 98,970 . No interest is charged on the loans in the period and the balances are repayable on demand.