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COMPANY REGISTRATION NUMBER: 05121397

Canalview Estates Limited

Filleted Unaudited Financial Statements

31 May 2025

Canalview Estates Limited

Statement of Financial Position

31 May 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 5 | 3,525,012 | 2,021,984

Current assets

Debtors | 6 | 594,321 | 686,600
Cash at bank and in hand | 4,620 | 6,880
| --------- | ---------
| 598,941 | 693,480

Creditors: amounts falling due within one year | 7 | 2,090,378 | 896,321
| ------------ | ---------
Net current liabilities | 1,491,437 | 202,841
| ------------ | ------------
Total assets less current liabilities | 2,033,575 | 1,819,143
| ------------ | ------------
Net assets | 2,033,575 | 1,819,143
| ------------ | ------------

Canalview Estates Limited

Statement of Financial Position (continued)

31 May 2025

| 2025 | 2024
Note | £ | £

Capital and reserves

Called up share capital | 100 | 100
Investment property revaluation reserve | 556,257 | 556,257
Profit and loss account | 1,477,218 | 1,262,786
| ------------ | ------------
Shareholders funds | 2,033,575 | 1,819,143
| ------------ | ------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 6 February 2026 , and are signed on behalf of the board by:

Mr G D Faldo
Director

Company registration number: 05121397

Canalview Estates Limited

Notes to the Financial Statements

Year ended 31 May 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 221 High Street, Blackwood, Gwent, NP12 AL.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for rents, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2024: 5 ).
5. Tangible assets

| Freehold property
| £
Cost or valuation |
At 1 June 2024 | 2,021,984
Additions | 1,503,028
| ------------
At 31 May 2025 | 3,525,012
| ------------
Depreciation |
At 1 June 2024 and 31 May 2025 | –
| ------------
Carrying amount |
At 31 May 2025 | 3,525,012
| ------------
At 31 May 2024 | 2,021,984
| ------------

Freehold land and buildings are investment properties stated at fair value at the balance sheet date. The properties are valued by the director, based on their knowledge of the local commercial property markets.
6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 39,821 | 15,000
Amounts owed by group undertakings | 554,031 | 671,131
Other debtors | 469 | 469
| --------- | ---------
| 594,321 | 686,600
| --------- | ---------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 6,605 | 2,207
Amounts owed to group undertakings | 192,512 | 192,512
Corporation tax | 931 | 36,123
Social security and other taxes | 153 | 1,447
Other creditors | 1,890,177 | 664,032
| ------------ | ---------
| 2,090,378 | 896,321
| ------------ | ---------

8. Controlling party
The parent company is Linhope International Limited, a company registered in Hong Kong.