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Registration number: 03128994

Court Investments Limited Unaudited Financial Statements for the Year Ended 31 March 2025
Brebners Chartered Accountants 1 Suffolk Way Sevenoaks Kent TN13 1YL

Court Investments Limited

Statement of Financial Position as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 14,140,000 | 14,497,812
Investments | 5 | 3,860,631 | 3,860,631
|  | 18,000,631 | 18,358,443
Current assets |  |  |
Debtors | 6 | 118,184 | 290,333
Cash at bank and in hand |  | 601,702 | 78,907
|  | 719,886 | 369,240
Creditors: Amounts falling due within one year | 7 | (1,132,335) | (2,892,551)
Net current liabilities |  | (412,449) | (2,523,311)
Total assets less current liabilities |  | 17,588,182 | 15,835,132
Creditors: Amounts falling due after more than one year | 7 | (2,412,469) | (744,789)
Provisions for liabilities |  | (2,195,507) | (2,235,051)
Net assets |  | 12,980,206 | 12,855,292
Capital and reserves |  |  |
Called up share capital |  | 130 | 130
Share premium reserve |  | 3,841,391 | 3,841,391
Retained earnings |  | 9,138,685 | 9,013,771
Shareholders' funds |  | 12,980,206 | 12,855,292

For the financial year ending 31 March 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 accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their 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 in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Court Investments Limited

Statement of Financial Position as at 31 March 2025

The directors of Court Investments Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Approved and authorised by the Board on 16 February 2026 and signed on its behalf by:

.........................................

Mr A R Court

Director

Company registration number: 03128994

Court Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 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:
The Grange
Market Square
Westerham
Kent
TN16 1HB

The principal activity of the company is that of property investment.

2 | Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

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.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 399 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Going concern

The company made a profit for the year ended 31 March 2025 and had net assets at that date amounting to £12,980,206.
The company has continued to trade profitably subsequent to 31 March 2025 and the directors do not believe the company will be significantly impacted by current economic conditions or global conflicts.
Having made enquiries the directors have a reasonable expectation that the company has adequate resources to remain in operational existence for the foreseeable future. Accordingly, the directors continue to prepare the financial statements on the going concern basis.

Court Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Revenue recognition

Turnover comprises the fair value of the consideration receivable for rent receivable and provision of services in the ordinary course of the company’s activities.
The company recognises rental income evenly over the period of the lease or license and lease renewal premiums on contractual completion.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. The directors 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.

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Dividends on equity securities are recognised in income when receivable.

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.

Court Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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 income statement 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.

3 | Staff numbers

The average number of persons employed by the company during the year, was 0 (2024 - 0).

4 | Investment properties

Fair Value | 2025 £
At 1 April 2024 | 14,497,812
Additions | 12,593
Disposals | (370,405)
At 31 March 2025 | 14,140,000

The investment properties are included at fair value at 31 March 2025 as estimated by the directors at an amount of £14,140,000 (2024: £14,497,812).

Court Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 3,860,631 | 3,860,631

Subsidiaries | £
Cost or valuation
At 1 April 2024 and at 31 March 2025 | 3,860,631
Carrying amount
At 31 March 2025 | 3,860,631
At 31 March 2024 | 3,860,631

6 | Debtors

| 2025 £ | 2024 £
Trade debtors | 1,854 | 1,239
Other debtors | 116,330 | 289,094
| 118,184 | 290,333

Court Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Loans and borrowings | 8 | 39,527 | 1,742,145
Trade creditors |  | 22,947 | 7,881
Amounts owed to group undertakings |  | 897,394 | 970,307
Taxation and social security |  | 122,495 | 26,607
Other creditors |  | 49,972 | 145,611
|  | 1,132,335 | 2,892,551

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Bank borrowings | 8 | 2,412,469 | 744,789

| 2025 £ | 2024 £
Due after more than five years |  |
After more than five years payable by instalments | 558,335 | 599,343

|  | -

8 | Loans and borrowings

| 2025 £ | 2024 £
Current loans and borrowings
Bank loans | 39,527 | 1,742,145

| 2025 £ | 2024 £
Non-current loans and borrowings
Bank loans | 2,412,469 | 744,789

The bank loans are secured by fixed charges on certain of the company's investment properties.

Court Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9 | Related party transactions

Exemption is taken under FRS 102 paragraph 1AC.35 not to disclose transactions or amounts fully due with companies wholly owned within the group.

10 | Transactions with Directors

At 31 March 2025, an amount of £Nil (2024: £Nil) was due from the directors. During the year there were advances of £15,116 and repayments of £15,116. Interest of £8 (2024: £Nil) is payable to the company at 2.25% per annum. There are no agreed terms in place.

11 | Profit and loss reserve

The amount of the profit and loss reserve that is non-distributable is £7,900,978 (2024: £7,997,330).