REGISTERED NUMBER: 12849033 (England and Wales)

CSO PROPERTY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A Pajouhandeh

Miss E Mullinger

REGISTERED OFFICE:

54 Templeton Avenue

Chingford

London

E4 6SP

REGISTERED NUMBER:

12849033 (England and Wales)

ACCOUNTANTS:

Andreas Kounnis Limited

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Property, plant and equipment

4

420

1,261

Investment property

5

938,973

710,024

939,393

711,285

CURRENT ASSETS

Debtors

6

20,000

600

Investments

7

50

-

Cash at bank

8,093

1,532

28,143

2,132

CREDITORS

Amounts falling due within one year

8

383,129

302,113

NET CURRENT LIABILITIES

(354,986

)

(299,981

)

TOTAL ASSETS LESS CURRENT LIABILITIES

584,407

411,304

CREDITORS

Amounts falling due after more than one year

9

(614,559

)

(419,880

)

PROVISIONS FOR LIABILITIES

(16,750

)

(17,422

)

NET LIABILITIES

(46,902

)

(25,998

)

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

11

50,250

50,250

Retained earnings

(97,154

)

(76,250

)

SHAREHOLDERS' FUNDS

(46,902

)

(25,998

)

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 30 April 2026 and were signed on its behalf by:

Mr A Pajouhandeh - Director

1.	STATUTORY INFORMATION

Cso Property 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.

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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

and

fittings

£

COST

At 1 October 2024

and 30 September 2025

10,742

DEPRECIATION

At 1 October 2024

9,481

Charge for year

841

At 30 September 2025

10,322

NET BOOK VALUE

At 30 September 2025

420

At 30 September 2024

1,261

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

710,024

Additions

228,949

At 30 September 2025

938,973

NET BOOK VALUE

At 30 September 2025

938,973

At 30 September 2024

710,024

Fair value at 30 September 2025 is represented by:

£

Valuation in 2022

67,000

Cost

871,973

938,973

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

20,000

-

Other debtors

-

600

20,000

600

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

50

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

165,000

84,020

Other creditors

218,129

218,093

383,129

302,113

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

614,559

419,880

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

614,559

419,880

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

779,559

503,900

The bank facilities are secured by a fixed and floating charge over all the company's assets and undertakings.

11.

RESERVES

Fair

value

reserve

£

At 1 October 2024

and 30 September 2025

50,250

12.	ULTIMATE CONTROLLING PARTY

There is no overall controlling party.