Company registration number 07752712 (England and Wales)
PEPPER STREET (FREEHOLD) LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
PEPPER STREET (FREEHOLD) LTD
COMPANY INFORMATION
Directors
Mr I Recinos-Garcia
Mr T W Lewis
Mr A N Kumaratha
Mr A B Chambers
Secretary
Alliance Managing Agents
Company number
07752712
Registered office
6 Cochrane House
Admirals Way
London
E14 9UD
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
PEPPER STREET (FREEHOLD) LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
PEPPER STREET (FREEHOLD) LTD
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF PEPPER STREET (FREEHOLD) LTD FOR THE YEAR ENDED 31 DECEMBER 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Pepper Street (Freehold) Ltd for the year ended 31 December 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Pepper Street (Freehold) Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pepper Street (Freehold) Ltd and state those matters that we have agreed to state to the b oard of d irectors of Pepper Street (Freehold) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pepper Street (Freehold) Ltd and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Pepper Street (Freehold) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pepper Street (Freehold) Ltd. You consider that Pepper Street (Freehold) Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Pepper Street (Freehold) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Ormerod Rutter Limited
6 May 2026
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
PEPPER STREET (FREEHOLD) LTD
BALANCE SHEET
AS AT 31 DECEMBER 2025
31 December 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
54,662
54,662
Current assets
Debtors
4
1,312
1,212
Cash at bank and in hand
79,477
7,333
80,789
8,545
Creditors: amounts falling due within one year
5
(25,349)
(3,021)
Net current assets
55,440
5,524
Net assets
110,102
60,186
Capital and reserves
Called up share capital
6
894
894
Share premium account
54,077
54,077
Profit and loss reserves
55,131
5,215
Total equity
110,102
60,186

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 30 April 2026 and are signed on its behalf by:
Mr I Recinos-Garcia
Director
Company registration number 07752712 (England and Wales)
PEPPER STREET (FREEHOLD) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

Pepper Street (Freehold) Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 6 Cochrane House, Admirals Way, London, England, E14 9UD.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover relates to ground rent.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings freehold
1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

PEPPER STREET (FREEHOLD) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
4
4
3
Tangible fixed assets
Land and buildings freehold
£
Cost
At 1 January 2025 and 31 December 2025
54,662
Depreciation and impairment
At 1 January 2025 and 31 December 2025
-
0
Carrying amount
At 31 December 2025
54,662
At 31 December 2024
54,662
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1,312
1,212
5
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
11,804
219
Other creditors
13,545
2,802
25,349
3,021
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
894
894
894
894
PEPPER STREET (FREEHOLD) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
7
Ultimate controlling party

There is no ultimate controlling party.

8
Commitments and contingent liabilities
The company has contracted with a Managing Agent to manage the building maintenance, it's part of the estate maintenance, the collection of service charges and other rights and obligations arising under long leases granted in flats and houses in the buildings at 2, 4, 6, 13 and 15 Pepper Street.
Service charges are budgeted, collected and managed by the Managing Agent who draw up annual service charge accounts that are audited. Neither the expense obligation, nor any surplus belongs to the company but reverts to the leasehold tenants under the terms of their leasehold agreements.
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