Company No: 11975186 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	26,419,338		26,431,107
		26,419,338		26,431,107
Current assets
Debtors	4	191,613		83,331
Cash at bank and in hand	5	230,757		163,257
		422,370		246,588
Creditors: amounts falling due within one year	6	( 992,777)		( 426,139)
Net current liabilities		(570,407)		(179,551)
Total assets less current liabilities		25,848,931		26,251,556
Creditors: amounts falling due after more than one year	7	( 16,709,635)		( 17,520,051)
Net assets		9,139,296		8,731,505
Capital and reserves
Called-up share capital	8	10,000,100		10,000,100
Share premium account		1,015,000		1,015,000
Profit and loss account		( 1,875,804 )		( 2,283,595 )
Total shareholders' funds		9,139,296		8,731,505

For the financial year ending 31 May 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 financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Java (Bermondsey) Limited (registered number: 11975186) were approved and authorised for issue by the Director. They were signed on its behalf by:

Bhavesh Radia Director

03 December 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Java (Bermondsey) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is Signal House Management Office, 137 Great Suffolk Street, London, SE1 1PZ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Profit and Loss Account in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the rent received or receivable. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Short term benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Investment property	not depreciated
Fixtures and fittings	4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

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.

Financial instruments

The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to and from related parties and investments in non-puttable ordinary shares.

Equity instruments
Equity instruments issued by the company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including the director	5		5

3. Tangible assets

	Investment property		Fixtures and fittings		Total
	£		£		£
Cost
At 01 June 2024	26,406,651		24,456		26,431,107
Disposals	( 1)		0		( 1)
At 31 May 2025	26,406,650		24,456		26,431,106
Accumulated depreciation
At 01 June 2024	0		0		0
Charge for the financial year	0		11,768		11,768
At 31 May 2025	0		11,768		11,768
Net book value
At 31 May 2025	26,406,650		12,688		26,419,338
At 31 May 2024	26,406,651		24,456		26,431,107

4. Debtors

	2025		2024
	£		£
Trade debtors	6,922		11,333
Amounts owed by connected companies	117,022		38,910
Other debtors	67,669		33,088
	191,613		83,331

5. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	230,757		163,257

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans (secured)	405,208		0
Trade creditors	37,685		26,854
Amounts owed to connected companies	140,995		96,785
Taxation and social security	248,532		168,539
Other creditors	160,357		133,961
	992,777		426,139

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

	2025		2024
	£		£
Bank loans (secured)	16,709,635		17,520,051

At the reporting date, Lloyds Bank PLC held fixed and floating charges over the company’s assets as security for amounts outstanding under the loan facility.

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
10,000,100 Ordinary shares of £ 1.00 each	10,000,100		10,000,100

9. Events after the Balance Sheet date

Subsequent to the balance sheet date, the company was part of a group restructure process. The ultimate beneficial ownership remains unchanged. As this event relates to conditions arising after the year end, no adjustments have been made to these financial statements.