Cityshaks Residential Ltd

Cityshaks Residential Ltd
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Cityshaks Residential Ltd Accountants' Report For the year ended 31 March 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Cityshaks Residential Ltd for the year ended 31 March 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cityshaks Residential Ltd for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Cityshaks Residential Ltd , as a body, in accordance with the terms of our engagement letter dated 16 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of Cityshaks Residential Ltd and state those matters that we have agreed to state to the Board of Directors of Cityshaks Residential Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cityshaks Residential Ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Cityshaks Residential Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Cityshaks Residential Ltd . You consider that Cityshaks Residential Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Cityshaks Residential Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 31 March 2025. .................................................... Boffix & Co Accountancy Limited Boffix & Co Accountancy Limited St Alban Tower Wood Street London EC2V 7AF 16 December 2025 1

Cityshaks Residential Ltd
Accountants' Report
For the year ended 31 March 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Cityshaks Residential Ltd for the year ended 31 March 2025.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cityshaks Residential Ltd for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of Cityshaks Residential Ltd , as a body, in accordance with the terms of our engagement letter dated 16 December 2025. Our work has been undertaken solely to prepare for your approval the accounts of Cityshaks Residential Ltd and state those matters that we have agreed to state to the Board of Directors of Cityshaks Residential Ltd , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cityshaks Residential Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Cityshaks Residential Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Cityshaks Residential Ltd . You consider that Cityshaks Residential Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Cityshaks Residential Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts

31 March 2025.

....................................................
Boffix & Co Accountancy Limited
Boffix & Co Accountancy Limited
St Alban Tower
Wood Street
London
EC2V 7AF
16 December 2025

1

Cityshaks Residential Ltd
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	4,236,434	3,505,488
Investments	4	25,593	25,593
		4,262,027	3,531,081
Current assets
Debtors: amounts falling due within one year		27,821	10,397
Cash at bank and in hand		1,090	8,299
		28,911	18,696
Creditors: amount falling due within one year		(22,047)	(20,019)
Net current assets		6,864	(1,323)

Total assets less current liabilities		4,268,891	3,529,758
Creditors: amount falling due after more than one year		(960,145)	(925,872)
Accruals and deferred income		0	(4,387)
Provisions for liabilities		(1,190)	(2,000)
Net assets		3,307,556	2,597,499

Capital and reserves
Called up share capital	5	121	121
Share premium account		25,572	25,572
Revaluation Reserves		632,716	745,216
Profit and loss account		2,649,147	1,826,590
Shareholders' funds		3,307,556	2,597,499

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 16 December 2025 and were signed on its behalf by:

-------------------------------
A M Dobson
Director

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Ms T Eberstein
Director

2

Cityshaks Residential Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Cityshaks Residential Ltd is a private company, limited by shares, registered in England and Wales, registration number 03931527, registration address 87 Railway Road, Stonehaus, Teddington, Middlesex, TW11 8RZ.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Freehold property and short leasehold property depreciation is not provided

Plant and Machinery	15 Straight Line
Fixtures and Fittings	15 Straight Line
Computer Equipment	15 Straight Line

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 April 2024	3,527,500	17,608	43,758	2,379	3,591,245
Additions	702,693	249	-	-	702,942
Disposals	-	-	-	-	-
At 31 March 2025	4,230,193	17,857	43,758	2,379	4,294,187
Depreciation
At 01 April 2024	-	11,756	39,351	2,150	53,257
Charge for year	-	2,496	1,771	229	4,496
On disposals	-	-	-	-	-
At 31 March 2025	-	14,252	41,122	2,379	57,753
Net book values
Closing balance as at 31 March 2025	4,230,193	3,605	2,636	-	4,236,434
Opening balance as at 01 April 2024	3,495,000	5,852	4,407	229	3,505,488

In respect of the Freehold land & building stated at valuation, the historical costs are as follows:

Property	Original cost £	Developments £	Fair Value Adjustment £	Disposals £	Fair Value Carrying Value £
88 Abbey Road	103,556	34,250	387,193	-	525,000
Hawkhow	692,071	250,453	757,476	-	1,700,000
Hawkhow Cottage	340,000	100,000	360,000	-	800,000
Red Tarn Cottage - Stybarrow	50,000	333,681	(83,681)	-	300,000
18 St Faiths Road (Freehold)	19,805	-	30,195	-	50,000
107b Whitten Road	167,678	1,898	80,425	-	250,000
107d Whitten Road	11,298	53,741	184,961	-	250,000
43c Tower Road	167,759	78,958	108,477	-	355,193
	1,552,167	852,981	1,825,046	-	4,230,193

4.

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 April 2024	25,593	25,593
Additions	-	-
Disposals	-	-
At 31 March 2025	25,593	25,593

5.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
121 Ordinary shares of £1.00 each	121		121
	121		121

3

Registered Number: 03931527
England and Wales
CITYSHAKS RESIDENTIAL LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025