Company Registration No. 04075294 (England and Wales)
C.I.R. PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 March 2025
C.I.R. PROPERTIES LIMITED
Unaudited accounts
Contents
C.I.R. PROPERTIES LIMITED
Company Information
for the year ended 31 March 2025
Company Number
04075294 (England and Wales)
Registered Office
First Floor
85 Great Portland Street
London
W1W 7LT
United Kingdom
Accountants
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
C.I.R. PROPERTIES LIMITED
Accountants' report
Accountants' report to the director of C.I.R. PROPERTIES LIMITED on the preparation of the unaudited statutory accounts 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
C.I.R. PROPERTIES LIMITED for the year ended
31 March 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of C.I.R. PROPERTIES LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of C.I.R. PROPERTIES LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than C.I.R. PROPERTIES LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that C.I.R. PROPERTIES LIMITED 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 C.I.R. PROPERTIES LIMITED. You consider that C.I.R. PROPERTIES LIMITED 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 C.I.R. PROPERTIES LIMITED. 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.
RAE Business Services (Yorkshire) Limited
First Floor
85 Great Portland Street
London
W1W 7LT
23 December 2025
C.I.R. PROPERTIES LIMITED
Statement of financial position
as at 31 March 2025
Investment property
778,040
765,540
Cash at bank and in hand
1,893
1,363
Creditors: amounts falling due within one year
(21,975)
(28,069)
Net current liabilities
(4,988)
(22,011)
Total assets less current liabilities
773,594
743,529
Creditors: amounts falling due after more than one year
(593,146)
(569,671)
Provisions for liabilities
Deferred tax
(4,167)
(2,724)
Net assets
176,281
171,134
Called up share capital
2
2
Revaluation reserve
17,548
8,173
Profit and loss account
158,731
162,959
Shareholders' funds
176,281
171,134
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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 December 2025 and were signed on its behalf by
S M Brooksbank
Director
Company Registration No. 04075294
C.I.R. PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
C.I.R. PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04075294. The registered office is First Floor, 85 Great Portland Street, London, W1W 7LT, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% on cost
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. The properties were last valued by the Director at 30 September 2016.
Stock has been valued at the lower of cost and estimated selling price less costs to complete and sell.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
C.I.R. PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment
Fair value at 1 April 2024
765,540
Net gain from fair value adjustments
12,500
Amounts falling due within one year
Other debtors
15,094
4,695
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
16,736
22,990
Other creditors
5,095
4,695
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
593,146
569,671
Aggregate of amounts that fall due for payment after five years
590,510
564,790
Included in long term creditors are other bank loans secured on investment properties. Personal guarantees have been provided.
C.I.R. PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 March 2025
9
Deferred taxation
2025
2024
Revaluation of land and buildings
-
2,724
Revaluation of investment property
5,849
-
Tax losses carried forward
(1,682)
-
Provision at start of year
2,724
-
Charged to the profit and loss account
1,443
2,724
Provision at end of year
4,167
2,724
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loans to Director
-
9,999
-
9,999
The director's loan was fully repaid in April 2025.
11
Transactions with related parties
included in current debtors is a £9,999 loan to the director.
Interest at 2.25% pa was charged on balances over £10,000.
The loan was fully repaid in April 2025.
12
Average number of employees
During the year the average number of employees was 0 (2024: 0).