Greenheart Property Investment Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 02906299

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		16,399,000		16,399,000

			16,399,000		16,399,000
CURRENT ASSETS
Debtors	5	7,693		205,562
Cash at bank and in hand		1,208,413		1,252,829

		1,216,106		1,458,391
Creditors: Amounts Falling Due Within One Year	6	(70,091 )		(218,165 )

NET CURRENT ASSETS (LIABILITIES)			1,146,015		1,240,226

TOTAL ASSETS LESS CURRENT LIABILITIES			17,545,015		17,639,226

Creditors: Amounts Falling Due After More Than One Year	7		(3,314,790 )		(3,314,850 )

NET ASSETS			14,230,225		14,324,376

CAPITAL AND RESERVES
Called up share capital	8		1,000		1,000
Revaluation reserve	10		13,772,739		13,772,739
Profit and Loss Account			456,486		550,637

SHAREHOLDERS' FUNDS			14,230,225		14,324,376

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Greenheart Property Investment Limited

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account.

On behalf of the board

Mr Azid Sohoye

Director

27/05/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Greenheart Property Investment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02906299 . The registered office is Unit 13A, Chiltern Court, Asheridge Road, Chesham, Buckinghamshire, HP5 2PX.

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 comprises Rents received from Tenancy agreements less agents commission.

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	25% on reducing balance
Fixtures & Fittings	25% on reducing balance

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 profit and loss account.

2.5. Taxation

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

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 years 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.

3. Average Number of Employees

9Average number of employees, including directors, during the year was: 9 (2024: 9)

4. Tangible Assets

	Investment Properties	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 May 2024	16,399,000	3,666	5,318	16,407,984

As at 30 April 2025	16,399,000	3,666	5,318	16,407,984

Depreciation
As at 1 May 2024	-	3,666	5,318	8,984

As at 30 April 2025	-	3,666	5,318	8,984

Net Book Value
As at 30 April 2025	16,399,000	-	-	16,399,000

As at 1 May 2024	16,399,000	-	-	16,399,000

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Greenheart Property Investment Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	7,693	5,562
Director's loan account	-	200,000

	7,693	205,562

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Corporation tax	-	145,667
Other taxes and social security	4,839	7,246
Other creditors	10,000	10,000
Accruals and deferred income	3,600	3,600
Amounts owed to associates	51,652	51,652

	70,091	218,165

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

	2025	2024
	£	£
Bank loans	3,314,790	3,314,850

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 May 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 April 2025
	£	£	£	£	£
Mr Azid Sohoye	200,000	-	200,000	-	-

The above loan was repaid in full by 15 January 2025.

10. Reserves

	Revaluation Reserve
	£
As at 1 May 2024	13,772,739

As at 30 April 2025	13,772,739

11. Related Party Transactions

Amounts due to related parties consist of £51,651 (2024 £51,651) to 1st Class Lettings Limited. The amounts due are in respect of provision of finance, which is interest free and with no pre-determined term.

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Greenheart Property Investment Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

12. Ultimate Controlling Party

The company's ultimate controlling party is Mr Azid Sohoye and together with members of his family owns 100% of the issued share capital in the company.

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