Claremount Properties Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04460273 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

CLAREMOUNT PROPERTIES LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

A Berger

REGISTERED OFFICE:

115 Craven Park Road

South Tottenham

London

N15 6BL

REGISTERED NUMBER:

04460273 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

4

121

142

Investment property

5

3,874,133

3,874,254

3,874,275

CURRENT ASSETS

Debtors

6

562

Cash at bank

35,706

18,829

36,268

19,391

CREDITORS

Amounts falling due within one year

7

(283,685

)

(323,903

)

NET CURRENT LIABILITIES

(247,417

)

(304,512

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,626,837

3,569,763

CREDITORS

Amounts falling due after more than one
year

8

(2,517,607

)

(2,498,354

)

NET ASSETS

1,109,230

1,071,409

CAPITAL AND RESERVES

Called up share capital

9

1

Revaluation reserve

10

680,509

Retained earnings

10

428,720

390,899

SHAREHOLDERS' FUNDS

1,109,230

1,071,409

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 12 April 2026 and were signed by:

A Berger - Director

1.	STATUTORY INFORMATION

Claremount Properties Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 net rent receivable, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Investment property

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 July 2024

and 30 June 2025

2,154

DEPRECIATION

At 1 July 2024

2,012

Charge for year

21

At 30 June 2025

2,033

NET BOOK VALUE

At 30 June 2025

121

At 30 June 2024

142

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

and 30 June 2025

3,874,133

NET BOOK VALUE

At 30 June 2025

3,874,133

At 30 June 2024

3,874,133

Fair value at 30 June 2025 is represented by:

£

Valuation in 2017

680,509

Valuation in 2018

1,169,491

Valuation in 2020

465,676

Valuation in 2021

275,495

Valuation in 2022

221,954

Valuation in 2023

1,061,977

Valuation in 2024

(969

)

3,874,133

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

Other debtors

562

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

Trade creditors

985

1,711

Taxation and social security

9,253

-

Other creditors

273,447

322,192

283,685

323,903

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.6.25

30.6.24

£

Bank loans

2,517,607

2,498,354

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loan

1,968,327

1,928,762

Repayable by instalments

Bank loans more 5 yr by instal

544,382

560,616

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.25

30.6.24

value:

£

1

Ordinary

£1

1

10.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

At 1 July 2024

390,899

680,509

1,071,408

Profit for the year

37,821

At 30 June 2025

428,720

680,509

1,109,229

11.	ULTIMATE CONTROLLING PARTY

The controlling party is A Berger.