REGISTERED NUMBER: 10337975 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

THE CAT & FIDDLE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

A A Kleanthous

P Georgiou

J D Rishover

SECRETARY:

P Georgiou

REGISTERED OFFICE:

1 Kings Avenue

London

N21 3NA

REGISTERED NUMBER:

10337975 (England and Wales)

INDEPENDENT AUDITORS:

Xeinadin Audit Limited

8th Floor, Becket House

36 Old Jewry

London

EC2R 8DD

FIXED ASSETS

Investments

4

100

-

CURRENT ASSETS

Inventories

1,356,065

1,667,502

Debtors

5

166,483

12,163

Cash at bank

1,228,116

58,903

2,750,664

1,738,568

CREDITORS

Amounts falling due within one year

6

1,452,441

1,735,512

NET CURRENT ASSETS

1,298,223

3,056

TOTAL ASSETS LESS CURRENT LIABILITIES

1,298,323

3,056

PROVISIONS FOR LIABILITIES

66,337

195,109

NET ASSETS/(LIABILITIES)

1,231,986

(192,053

)

CAPITAL AND RESERVES

Called up share capital

198

161

Revaluation reserve

7

265,389

780,556

Retained earnings

966,399

(972,770

)

SHAREHOLDERS' FUNDS

1,231,986

(192,053

)

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 Board of Directors and authorised for issue on 26 April 2026 and were signed on its behalf by:

A A Kleanthous - Director

1.	STATUTORY INFORMATION

The Cat & Fiddle Limited 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.

The director has a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The director regards the foreseeable future as no less than twelve months following the publication of these annual financial statements. The director has considered the company's balance sheet position as at the year end, its working capital forecasts and projections, taking account of possible changes in trading performance and the current state of its operating market, and are satisfied that for the foreseeable future the company's financial position is improving and will enable the company to remain in operational existence. In addition, the director and shareholder has agreed to provide continuing financial support as and when required to enable the company to continue in operational existence. Consequently, the director considers it to be appropriate to prepare the financial statements on the going concern basis.

Preparation of consolidated financial statements

The financial statements contain information about The Cat & Fiddle Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertakings are included by full consolidation in the consolidated financial statements of its parent, Double A Group Ltd, 1 Kings Avenue, London, United Kingdom, N21 3NA.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future

periods.

There are no significant judgements or estimates involved in the preparation of the financial statements.

Revenue

Revenue represents the fair value of consideration received or receivable for the sale of developed properties, net of discounts, incentives, and value added tax.

Revenue from the sale of residential or commercial units is recognised at the point in time when legal title or significant risks and rewards of ownership have transferred to the buyer and the amount of revenue and associated costs can be measured reliably. This is usually the date of legal completion.

Deposits received in advance are recognised as contract liabilities (deferred income) until completion.

Inventory

Inventories are valued at the lower of cost and net realisable value. Land held for development, including land in the course of development, is initially recorded at cost. Where, through deferred purchase credit terms, the carrying value differs from the amount that will ultimately be paid in the settling the liability, this difference is charged as a finance cost in the income statement over the period of settlement.

Cost of construction work in progress comprises direct materials, direct labour costs, borrowing costs and those overheads that have been incurred in bringing the inventories to the present location and condition. Overhead costs include, but are not limited to, roads and other infrastructure costs required for a site and local contributions and physical works contributions required under planning permissions granted for our developments.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to related parties.

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 3 months..

Short term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors,are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

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 Statement of Financial Position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

100

At 30 June 2025

100

NET BOOK VALUE

At 30 June 2025

100

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

166,483

12,163

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

20,716

25,073

Amounts owed to group undertakings

500,000

1,500,000

Taxation and social security

431,723

-

Other creditors

500,002

210,439

1,452,441

1,735,512

7.

RESERVES

Revaluation

reserve

£

At 1 July 2024

780,556

Revaluation Reserve

(515,167

)

At 30 June 2025

265,389

The revaluation reserve comprises gains arising on the revaluation of property development assets. The reserve is not distributable and is realised on disposal of the assets or over time as they are used.

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Bradley Kelly BA BFP ACA FCCA (Senior Statutory Auditor)

for and on behalf of Xeinadin Audit Limited

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Amounts owed to and from group and related undertakings are non-interest bearing and repayable on demand.

10.	POST BALANCE SHEET EVENTS

No significant events have occurred between the reporting date, 30 June 2025, and the date the financial statements were authorized for issue that would require adjustment to or disclosure in the financial statements.

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A A Kleanthous.