C3IA Properties Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 5

C3IA Properties Limited

Balance Sheet

31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	593,093	604,793
Current assets
Debtors	5	62,005	39,809
Creditors: Amounts falling due within one year	6	(627,737)	(626,964)
Net current liabilities		(565,732)	(587,155)
Net assets		27,361	17,638
Capital and reserves
Called up share capital	7	100	100
Profit and loss account		27,261	17,538
Shareholders' funds		27,361	17,638

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 19 December 2025 and signed on its behalf by:
 

......................................... V L Lee Director

Company Registration Number: 14231145

C3IA Properties Limited

Notes to the Financial Statements

Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Winchester Place
North Street
Poole
Dorset
BH15 1NX

These financial statements were authorised for issue by the Board on 19 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

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 Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are presented in pound sterling, rounded to the nearest whole pound.

Going concern

The financial statements have been prepared on a going concern basis. The Directors have assessed the financial needs of the company and consider it to be a going concern as it has the financial support of its fellow group members and has received assurance that the inter-company debt will not be called in for at least 12 months from the date of approving these financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of rental services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
and is probable that future economic benefits will flow to the entity.

Tax

Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

C3IA Properties Limited

Notes to the Financial Statements

Year Ended 31 March 2025

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and buildings	50 years straight line

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 6 (2024 - 6).

C3IA Properties Limited

Notes to the Financial Statements

Year Ended 31 March 2025

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 April 2024	616,493	616,493
At 31 March 2025	616,493	616,493
Depreciation
At 1 April 2024	11,700	11,700
Charge for the year	11,700	11,700
At 31 March 2025	23,400	23,400
Carrying amount
At 31 March 2025	593,093	593,093
At 31 March 2024	604,793	604,793

Included within the net book value of land and buildings above is £593,093 (2024 - £604,793) in respect of freehold land and buildings.
 

5

Debtors

	2025 £	2024 £
Amounts owed by group undertakings	62,005	39,809
	62,005	39,809

C3IA Properties Limited

Notes to the Financial Statements

Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Amounts owed to group undertakings	621,283	621,283
Taxation and social security	6,454	5,681
	627,737	626,964

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

8	Audit report

The Independent Auditors' Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report was Adrian Way FCA FCCA, who signed for and on behalf of PKF Francis Clark on 23 December 2025.

9	Parent and ultimate parent undertaking

The company's immediate parent is C3IA Limited, incorporated in England and Wales.

 The most senior parent entity producing publicly available financial statements is C3IA Limited.