Cityscape Estates Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—6

Registered number: 3241343

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5,102,326		4,344,031
Investments	5		187,061		187,061

			5,289,387		4,531,092
CURRENT ASSETS
Debtors	6	215,342		480,638
Cash at bank and in hand		4,764		189,958

		220,106		670,596
Creditors: Amounts Falling Due Within One Year	7	(645,767 )		(619,049 )

NET CURRENT ASSETS (LIABILITIES)			(425,661 )		51,547

TOTAL ASSETS LESS CURRENT LIABILITIES			4,863,726		4,582,639

Creditors: Amounts Falling Due After More Than One Year	8		(1,008,169 )		(546,249 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(564,431 )		(559,819 )

NET ASSETS			3,291,126		3,476,571

CAPITAL AND RESERVES
Called up share capital	9		100		100
Fair value reserve	11		1,693,294		1,679,456
Income Statement			1,597,732		1,797,015

SHAREHOLDERS' FUNDS			3,291,126		3,476,571

Page 1

Page 2

Cityscape Estates Ltd

Statement of Financial Position (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 Income Statement.

On behalf of the board

Mr Antony Hodari

Director

1 December 2025

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Cityscape Estates Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 3241343 . The registered office is 43 Singleton Road, Salford, M7 4NA.

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 revenue earned from the sale of goods and from the rendering of services. Turnover 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	4 Years
Fixtures & Fittings	4 Years

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 income statement.

2.5. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.6. Investments

Fixed asset investments are shown at cost less amounts written off. Provision are made for permanent fluctuations in value.

3. Average Number of Employees

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

Page 3

Page 4

Cityscape Estates Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Investment Properties	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost or Valuation
As at 1 April 2024	4,320,290	2,863	27,288	4,350,441
Additions	676,259	28,597	52,761	757,617
Revaluation	18,451	-	-	18,451

As at 31 March 2025	5,015,000	31,460	80,049	5,126,509

Depreciation
As at 1 April 2024	-	1,491	4,919	6,410
Provided during the period	-	4,638	13,135	17,773

As at 31 March 2025	-	6,129	18,054	24,183

Net Book Value
As at 31 March 2025	5,015,000	25,331	61,995	5,102,326

As at 1 April 2024	4,320,290	1,372	22,369	4,344,031

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 April 2024	187,061

As at 31 March 2025	187,061

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	187,061

As at 1 April 2024	187,061

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	-	706
Prepayments and accrued income	78,058	48,361
Other debtors	106,318	375,264
VAT	30,966	56,307

	215,342	480,638

Other debtors include £70,300 (2024 £70,300) due from Mosley Steet Manchester, a company 41% owned by Cityscape Estates.

Other debtors includes £nil (2024 £600,000) due from Antony Hodari Holdings Ltd, a company controlled by Mr Hodari . This loan incurrs interest at 5% and received interest of £4,885 in the year (2024 £11,247)

Page 4

Page 5

Cityscape Estates Ltd

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	121,875	146
Bank loans and overdrafts	191,050	475,000
Corporation tax	1,305	1,464
Other creditors	188,601	27,568
Accruals and deferred income	28,332	25,267
Directors' loan accounts	25,000	-
Amounts owed to subsidiaries	89,604	89,604

	645,767	619,049

Amounts owed to subsidiaries include £89,604 (2024 £89,604) due to the company's subsidiary, Tarleton Street Ltd.

Included in creditors is £25,000 (£nil 2024) due to Antony Hodari a director and shareholder

A bank loan of £370,983 was taken out in August 2022. The loan is secured against the company's investment properties and repayable in 19 quarterly instalments of £4881.35 and a final instalment in August 2027 of £278,237.

A bank loan of £700,000 was taken out in June 2023. The loan is secured against the company's investment properties and repayable in 19 quarterly instalments of £7,000 and a final instalment in September 2029 of £567,000.

A bank loan of £187,500 was taken out in June 2020. The loan is secured against the company's investment properties and repayable June 2025 with an installment of £187,500.

A bank loan of £62,500 was taken out in June 2020. The loan is secured against the company's investment properties and repayable in 20 quarterly including the final payment in June 2025.

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

	2025	2024
	£	£
Bank loans	1,008,169	546,249

9. Share Capital

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

10. Directors Advances, Credits and Guarantees

Dividends paid to directors

	2025	2024
	£	£
Mr Antony Hodari	25,000	-
Ms Deborah Colman	25,000	-

Page 5

Page 6

Cityscape Estates Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

11. Reserves

	Fair value reserve	Income Statement
	£	£
As at 1 April 2024	1,679,456	1,797,015
Loss for the year and total comprehensive income	-	(135,444 )

Dividends paid	-	(50,000)
Movements in fair value reserve	13,838	-
Transfer to/from Fair value reserve	-	(13,839)

As at 31 March 2025	1,693,294	1,597,732

12. Controlling Party

The company is controlled by Antony Victor Hodari and Deborah Sharon Colman. Both are 50% shareholders and directors of the company.

Page 6