Cityrealm Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02217676 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Cityrealm Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D M King

C J A King

S R King

SECRETARY:

D M King

REGISTERED OFFICE:

Unit 15

Havenbury Estate

Station Road

Dorking

Surrey

RH4 1ES

REGISTERED NUMBER:

02217676 (England and Wales)

ACCOUNTANTS:

Bullimores LLP

Chartered Accountants

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

FIXED ASSETS

Tangible assets

5

8,701

11,602

Investments

6

Investment property

7

2,301,275

2,309,982

2,312,883

CURRENT ASSETS

Debtors

8

16,887

16,600

Cash at bank

2,986

3,070

19,873

19,670

CREDITORS

Amounts falling due within one year

9

776,889

818,285

NET CURRENT LIABILITIES

(757,016

)

(798,615

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,552,966

1,514,268

PROVISIONS FOR LIABILITIES

184,084

184,809

NET ASSETS

1,368,882

1,329,459

CAPITAL AND RESERVES

Called up share capital

10,000

Retained earnings

1,358,882

1,319,459

SHAREHOLDERS' FUNDS

1,368,882

1,329,459

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

S R King - Director

C J A King - Director

1.	STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Cityrealm Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents amounts receivable, net of VAT, for management charges and rental income receivable during the period.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:

Motor vehicles - 25% on reducing balance.

Tangible fixed assets are stated at cost less accumulated depreciation .

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised as the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2024

and 31 March 2025

27,500

DEPRECIATION

At 1 April 2024

15,898

Charge for year

2,901

At 31 March 2025

18,799

NET BOOK VALUE

At 31 March 2025

8,701

At 31 March 2024

11,602

6.	FIXED ASSET INVESTMENTS

Interest

Shares in

in other

group

participating

undertakings

interests

Totals

£

COST

At 1 April 2024

and 31 March 2025

2

4

6

NET BOOK VALUE

At 31 March 2025

2

4

6

At 31 March 2024

2

4

6

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

2,301,275

NET BOOK VALUE

At 31 March 2025

2,301,275

At 31 March 2024

2,301,275

Fair value at 31 March 2025 is represented by:

£

Valuation in 2023

405,000

Valuation in 2020

150,000

Valuation in 2019

172,631

Cost

1,573,644

2,301,275

If investment property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

Cost

1,573,644

Investment property was valued on a fair value basis on 31 March 2023 by the directors .

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

7,667

7,565

Other debtors

6,188

Prepayments

3,032

2,847

16,887

16,600

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Amounts owed to group undertakings

732,608

777,335

Tax

8,265

6,365

Social security and other taxes

1,665

-

VAT

2,214

2,550

Other creditors

30,637

30,535

Accrued expenses

1,500

776,889

818,285

10.	ULTIMATE CONTROLLING PARTY

The company is jointly controlled by C J A King, S R King and D M King