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Registration number: 15721397

London Harbour Property Ltd
Unaudited Filleted Financial Statements
for the Period from 15 May 2024 to 31 May 2025

London Harbour Property Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

London Harbour Property Ltd

Company Information

Director | Mr H Hao

Registered office | 82 Chartwell House Prince of Wales Drive 4 Palmer Road London SW11 4FP

London Harbour Property Ltd

(Registration number: 15721397)
Balance Sheet as at 31 May 2025

| Note | 2025 £
Fixed assets |  |
Tangible assets | 5 | 12,164
Investment property | 6 | 3,210,000
|  | 3,222,164
Current assets |  |
Cash at bank and in hand |  | 46,393
Creditors: Amounts falling due within one year | 7 | (1,296,321)
Net current liabilities |  | (1,249,928)
Total assets less current liabilities |  | 1,972,236
Creditors: Amounts falling due after more than one year | 7 | (1,371,101)
Net assets |  | 601,135
Capital and reserves |  |
Called up share capital | 11 | 100
Retained earnings |  | 601,035
Shareholders' funds |  | 601,135

For the financial period ending 31 May 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the Company to obtain an audit of its accounts for the period in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 10 February 2026

......................................... Mr H Hao Director

London Harbour Property Ltd

Notes to the Unaudited Financial Statements for the Period from 15 May 2024 to 31 May 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:
82 Chartwell House
Prince of Wales Drive
4 Palmer Road
London
SW11 4FP

Principal activity

The principal activity of the Company is of letting and operating of own or leased real estate.

These financial statements were authorised for issue by the director on 10 February 2026.

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 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Disclosure of long or short period

The financial statements are for the long period from 15 May 2024, being the company’s incorporation date, to 31 May 2025.

Going concern

The company made a loss in the period and has net current liabilities. The company is dependent on the support from the shareholders to continue as a going concern. The financial statements have been prepared on a going concern basis that assumes further funding will be obtained.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

London Harbour Property Ltd

Notes to the Unaudited Financial Statements for the Period from 15 May 2024 to 31 May 2025

Tax

The current income 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
Fixtures & Fittings | 5 years straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Financial instruments

Classification
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to/from related parties and investments in non-puttable ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors

Basic financial assets, including trade and other debtors, are intially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.
Trade debtors are amounts due from customers for services performed in the ordinary course of business.

London Harbour Property Ltd

Notes to the Unaudited Financial Statements for the Period from 15 May 2024 to 31 May 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

London Harbour Property Ltd

Notes to the Unaudited Financial Statements for the Period from 15 May 2024 to 31 May 2025

3 | Significant judgements and key sources of estimation uncertainty

Judgements

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion there are no significant judgements or key sources of estimation uncertainty.

4 | Staff numbers

The average number of persons employed by the Company (including the director) during the period, was 1.

5 | Tangible assets

| Fixtures and fittings £ | Total £
Cost or valuation
Additions | 15,000 | 15,000
At 31 May 2025 | 15,000 | 15,000
Depreciation
Charge for the period | 2,836 | 2,836
At 31 May 2025 | 2,836 | 2,836
Carrying amount
At 31 May 2025 | 12,164 | 12,164

6 | Investment properties

| 2025 £
Additions | 2,605,356
Fair value adjustments | 604,644
At 31 May | 3,210,000

There has been no valuation of investment property by an independent valuer.

London Harbour Property Ltd

Notes to the Unaudited Financial Statements for the Period from 15 May 2024 to 31 May 2025

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £
Due within one year |
Accruals and deferred income | 6,400
Other creditors | 1,289,921
| 1,296,321

Creditors: amounts falling due after more than one year

| Note | 2025 £
Due after one year |  |
Loans and borrowings | 10 | 1,371,101

Included within creditors is a loan of £1,371,101 provided by Coutts & Co. This loan is secured by a fixed and floating charge over the investment properties of the company.

8 | Related party transactions

During the year, the shareholder advanced funds to the company totalling £2,811,288 and received repayments totalling £1,535,205. At the balance sheet date the amounts owed to the shareholder totalled £1,276,083.

9 | Dividends

|  | 2025
|  | £
Final dividend of £Nil per ordinary share |  | -

10 | Loans and borrowings

Non-current loans and borrowings

| 2025 £
Other borrowings | 1,371,101

London Harbour Property Ltd

Notes to the Unaudited Financial Statements for the Period from 15 May 2024 to 31 May 2025

11 | Share capital

Allotted, called up and fully paid shares

| 2025
| No. | £
Share capital of £1 each | 100 | 100