Charles Symeou Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01382129 (England and Wales)

CHARLES SYMEOU PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs C Symeou

SECRETARY:

Mrs C Symeou

REGISTERED OFFICE:

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

REGISTERED NUMBER:

01382129 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Property, plant and equipment

4

29,362

-

Investment property

5

1,895,000

1,924,362

1,895,000

CURRENT ASSETS

Debtors

6

141,130

172,253

Cash at bank and in hand

102,312

96,664

243,442

268,917

CREDITORS

Amounts falling due within one year

7

131,899

167,491

NET CURRENT ASSETS

111,543

101,426

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,035,905

1,996,426

PROVISIONS FOR LIABILITIES

8

308,776

NET ASSETS

1,727,129

1,687,650

CAPITAL AND RESERVES

Called up share capital

9

2,000

Revaluation reserve

10

401,000

Fair value reserve

10

1,014,599

Retained earnings

10

309,530

270,051

SHAREHOLDERS' FUNDS

1,727,129

1,687,650

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 January 2026 and were signed by:

Mrs C Symeou - Director

1.	STATUTORY INFORMATION

Charles Symeou Properties 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the net rents receivable, excluding value added tax. Turnover is recognised when rent becomes due under the lease agreement.

Tangible fixed assets

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

Motor vehicles

-

25% on reducing balance

The company's investment properties are held for long term investment and are included in the Balance Sheet at their open market values. The surplus(es) or deficit(s) on revaluation of such properties are transferred to the investment property revaluation reserve. No depreciation is provided in respect of investment properties.

The policy represents a departure from the statutory accounting principles, which require depreciation to be provided on all fixed assets. The directors consider that this policy is necessary in order that the accounts may give a true and fair view because the current values and changes in current values are of prime importance rather than the calculation of systematic annual depreciation. Depreciation is only one of many factors reflected in the valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit in arising from changes in fair value are recognised in the Income Statement.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income StatementProfit and Loss Account, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Motor

vehicles

£

COST

Additions

39,150

At 31 October 2025

39,150

DEPRECIATION

Charge for year

9,788

At 31 October 2025

9,788

NET BOOK VALUE

At 31 October 2025

29,362

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

1,895,000

NET BOOK VALUE

At 31 October 2025

1,895,000

At 31 October 2024

1,895,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2020

1,193,435

Valuation in 2022

26,000

Valuation in 2024

500,000

Cost

175,565

1,895,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Other debtors

975

Related company

139,365

170,515

Prepayments

790

763

141,130

172,253

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Corporation tax

10,121

13,838

Shareholders loan

38,515

Directors' current accounts

82,303

114,238

Accrued expenses

960

900

131,899

167,491

8.	PROVISIONS FOR LIABILITIES

31.10.25

31.10.24

£

Deferred tax

308,776

Deferred

tax

£

Balance at 1 November 2024

308,776

Deferred tax

Balance at 31 October 2025

308,776

9.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

2,000

Share capital 1

£1

2,000

10.

RESERVES

Fair

Retained

Revaluation

value

earnings

reserve

Totals

£

At 1 November 2024

270,051

401,000

1,014,599

1,685,650

Profit for the year

39,479

At 31 October 2025

309,530

401,000

1,014,599

1,725,129

11.	ULTIMATE CONTROLLING PARTY

There is no overall control of the company by any individual shareholders.