COLES PROPERTIES LTD

COLES PROPERTIES LTD

Statement of Financial Position

As at 31 July 2025

	£	2025 £	£	2024 £
Fixed assets		692,582		692,582
Current assets	13,154		10,692
Creditors: amount falling due within one year	(221,668)		(218,930)
Net current assets/(liabilities)		(208,514)		(208,238)
Total assets less current liabilities		484,068		484,344
Creditors: amount falling due after more than one year		(494,143)		(494,157)
Accruals and deferred income		-		(479)
Net assets/(liabilities)		(10,075)		(10,292)


Capital and reserves		(10,075)		(10,292)

For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:

---------------------------------------------

Nicholas Steven Scott Coles
Director

Date approved: 21 April 2026

COLES PROPERTIES LTD

Notes to the Accounts

For the year ended 31 Jul 2025

Statutory Information

Coles Properties Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number 13493068, registration address 26a Denne Parade, Horsham, West Sussex, RH12 1JD, United Kingdom.

The presentation currency is £ sterling.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Cost of sales

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Property -1 - 43 Shelley Drive, Broadbridge Heath, Horsham, RH12 3NU - £337,729.9

Property - 2- 40 Sycamore Avenue Horsham RH12 4TS - £354,852.1

Tangible fixed assets

Cost or Valuation	Freehold property	Total
	£	£
At 01 August 2024	692,582	692,582
Additions	-	-
At 31 July 2025	692,582	692,582
Depreciation
At 01 August 2024	-	-
At 31 July 2025	-	-
Net book values
Closing balance as at 31 July 2025	692,582	692,582
Opening balance as at 01 August 2024	692,582	692,582

3.	Average number of employees Average number of employees during the year was 0 (2024: 1).