REGISTERED NUMBER: 03323681 (England and Wales)

ST. GABRIEL PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs S Christodoulou

Mrs M Christodoulou

Mr C Christodoulou

SECRETARY:

Mrs S Christodoulou

REGISTERED OFFICE:

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

REGISTERED NUMBER:

03323681 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Investment property

4

5,942,533

5,942,533

CURRENT ASSETS

Debtors

5

32,910

45,682

Cash at bank and in hand

125,603

46,746

158,513

92,428

CREDITORS

Amounts falling due within one year

6

733,442

725,046

NET CURRENT LIABILITIES

(574,929

)

(632,618

)

TOTAL ASSETS LESS CURRENT LIABILITIES

5,367,604

5,309,915

CREDITORS

Amounts falling due after more than one year

7

(443,869

)

(466,684

)

PROVISIONS FOR LIABILITIES

10

(397,961

)

(397,961

)

NET ASSETS

4,525,774

4,445,270

CAPITAL AND RESERVES

Called up share capital

11

140

140

Share premium

1,497,960

1,497,960

Fair value reserve

1,490,273

1,490,273

Retained earnings

1,537,401

1,456,897

SHAREHOLDERS' FUNDS

4,525,774

4,445,270

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the Company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

Mrs S Christodoulou - Director

1.	STATUTORY INFORMATION

St. Gabriel 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 gross rent receivable, including service charges. Turnover is recognised when rent becomes due under the lease/rental agreement.

Investment properties

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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 3 (2024 - 3 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2024

and 28 February 2025

5,942,533

NET BOOK VALUE

At 28 February 2025

5,942,533

At 29 February 2024

5,942,533

Fair value at 28 February 2025 is represented by:

£

Valuation in 2020

1,805,390

Cost

4,137,143

5,942,533

In the opinion of the directors, the fair value of the investments properties as at 28 February 2025, are not materially different from that stated in the accounts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

28,000

28,000

Prepayments

4,910

17,682

32,910

45,682

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts (see note 8)

36,133

36,132

Tax

87,319

47,720

Social security and other taxes

5,182

3,470

VAT

6,485

8,435

Other creditors

554,013

569,575

Deposit held

11,680

11,680

Directors' current accounts

783

1,438

Accruals and deferred income

21,287

36,036

Accrued expenses

10,560

10,560

733,442

725,046

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans (see note 8)

443,869

466,684

28.2.25

29.2.24

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

362,104

384,919

8.

LOANS

An analysis of the maturity of loans is given below:

28.2.25

29.2.24

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

1

-

Bank loans

36,132

36,132

36,133

36,132

Amounts falling due between one and two years:

Bank loans - 1-2 years

36,132

36,132

Amounts falling due between two and five years:

Bank loans - 2-5 years

45,633

45,633

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

362,104

384,919

9.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.25

29.2.24

£

£

Bank overdraft

1

-

Bank loans

480,001

502,816

480,002

502,816

10.	PROVISIONS FOR LIABILITIES

28.2.25

29.2.24

£

£

Deferred tax

Other timing differences

397,961

397,961

Deferred

tax

£

Balance at 1 March 2024

397,961

Balance at 28 February 2025

397,961

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.25

29.2.24

value:

£

£

140

Ordinary

£1

140

140

12.	CONTROLLING PARTY

The company is controlled by the Christodoulou Capital Trust.