REGISTERED NUMBER: 03950592 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Circa Residential Property Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr T Titus

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

03950592 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

4

16,499

19,586

CURRENT ASSETS

Debtors

5

18,175

9,143

Cash at bank and in hand

321,783

362,039

339,958

371,182

CREDITORS

Amounts falling due within one year

6

(317,086

)

(376,405

)

NET CURRENT ASSETS/(LIABILITIES)

22,872

(5,223

)

TOTAL ASSETS LESS CURRENT LIABILITIES

39,371

14,363

CREDITORS

Amounts falling due after more than one year

7

(2,654

)

(13,093

)

NET ASSETS

36,717

1,270

CAPITAL AND RESERVES

Called up share capital

1,001

1,001

Retained earnings

35,716

269

36,717

1,270

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 director acknowledges his 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 director and authorised for issue on 30 December 2025 and were signed by:

Mr T Titus - Director

1.	STATUTORY INFORMATION

Circa Residential Property 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

40,229

2,000

47,196

89,425

Additions

381

-

-

381

At 31 March 2025

40,610

2,000

47,196

89,806

DEPRECIATION

At 1 April 2024

24,880

1,892

43,067

69,839

Charge for year

2,360

27

1,081

3,468

At 31 March 2025

27,240

1,919

44,148

73,307

NET BOOK VALUE

At 31 March 2025

13,370

81

3,048

16,499

At 31 March 2024

15,349

108

4,129

19,586

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

11,665

5,311

Other debtors

6,510

3,832

18,175

9,143

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

10,440

10,183

Trade creditors

587

3,444

Taxation and social security

20,659

13,550

Other creditors

285,400

349,228

317,086

376,405

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

2,654

13,093

8.	RELATED PARTY DISCLOSURES

The Director Mr T Titus is considered to be the key management personnel.