ACCOUNTS - Final Accounts preparation

Cash and cash equivalents

Registered number: 11435892

397 COCKFOSTERS HOMES LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 AUGUST 2025


397 COCKFOSTERS HOMES LTD

COMPANY INFORMATION

Directors	H T Smith
	L R Quail (appointed 14 May 2026)
	C J Spires (appointed 14 May 2026)


Registered number	11435892


Registered office	1st Floor Cordy House
	87-95 Curtain Road
	London
	EC2A 3BS


397 COCKFOSTERS HOMES LTD

CONTENTS

	Page
Statement of financial position	1 - 2
Statement of changes in equity	3 - 4
Notes to the financial statements	5 - 8


397 COCKFOSTERS HOMES LTD REGISTERED NUMBER:11435892

STATEMENT OF FINANCIAL POSITION

AS AT 31 AUGUST 2025

	31 August	30 June
	2025	2024
Note	£	£

Fixed assets
Investment property	3		8,100,000		6,084,589
			8,100,000		6,084,589
Current assets
Debtors: amounts falling due within one year	4	18,888		18,313
Cash at bank and in hand	5	45,540		100
		64,428		18,413
Creditors: amounts falling due within one year	6	(3,272,774)		(1,776,974)
Net current liabilities			(3,208,346)		(1,758,561)
Total assets less current liabilities			4,891,654		4,326,028
Creditors: amounts falling due after more than one year	7		(5,069,158)		(5,454,748)

Net liabilities			(177,504)		(1,128,720)

Capital and reserves
Called up share capital	9	100	100
Revaluation reserve		1,069,768	-
Profit and loss account		(1,247,372)	(1,128,820)
		(177,504)	(1,128,720)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period 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 financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the income statement in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1


397 COCKFOSTERS HOMES LTD REGISTERED NUMBER:11435892

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 AUGUST 2025

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 May 2026.

C J Spires

Director

Page 2


397 COCKFOSTERS HOMES LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE PERIOD ENDED 31 AUGUST 2025

	Called up share capital	Revaluation reserve	Profit and loss account	Total equity
	£	£	£	£
At 1 July 2024	100	-	(1,128,820)	(1,128,720)
Comprehensive income for the period
Profit for the period	-	-	951,216	951,216
Total comprehensive income for the period	-	-	951,216	951,216
Transfer to/from profit and loss account	-	1,069,768	(1,069,768)	-
Total transactions with owners	-	1,069,768	(1,069,768)	-
At 31 August 2025	100	1,069,768	(1,247,372)	(177,504)

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397 COCKFOSTERS HOMES LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE PERIOD ENDED 30 JUNE 2024

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 July 2023	100	(973,633)	(973,533)
Comprehensive income for the year
Loss for the year	-	(155,187)	(155,187)
Total comprehensive income for the year	-	(155,187)	(155,187)
At 30 June 2024	100	(1,128,820)	(1,128,720)

The notes on pages 5 to 8 form part of these financial statements.

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397 COCKFOSTERS HOMES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

1.	General information

397 Cockfosters Homes Ltd is a limited company domiciled and incorporated in England & Wales. The registered office is 1st Floor Cordy House, 87-95 Curtain Road, London, United Kingdom, England, EC2A 3BS.
The current period is not 12 months and is therefore not directly comparable.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Revenue

Turnover comprises revenue recognised by the company in respect of rent receivable exclusive of VAT.

2.3

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Financial instruments

Basic financial instruments are measured at cost. The Company has no financial instruments measure at fair value or classified as a financial instrument under FRS 102.

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397 COCKFOSTERS HOMES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

3.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 July 2024	6,084,589
	Additions at cost	589,053
	Surplus on revaluation	1,426,358
	At 31 August 2025	8,100,000

	Comprising
	Cost	6,673,642
	Annual revaluation surplus/(deficit):
	2025	1,426,358
	At 31 August 2025	8,100,000

The 2025 valuations were made internally, by an employee of the group, who is MRICS (Member of Royal Institute of Chartered Surveyors) using an open market value for existing use basis.

Debtors

					31 August	30 June
					2025	2024
					£	£


Trade debtors	18,302	-
Other debtors	100	18,313
Prepayments and accrued income	486	-
	18,888	18,313

Page 6


397 COCKFOSTERS HOMES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025

Cash at bank and in hand	45,540	100
	45,540	100

Trade creditors	6,998	144
Other taxation and social security	6,172	-
Other creditors	3,158,406	1,774,755
Accruals and deferred income	101,198	2,075
	3,272,774	1,776,974

Bank loans	5,131,000	5,454,748
Prepaid loan arrangement fees	(61,842)	-
	5,069,158	5,454,748

Bank loans are secured over the Company's investment property and other assets and the aggregate amount of secured liabilities is £5,131,000 (2024: £5,454,748).

Page 7


397 COCKFOSTERS HOMES LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 AUGUST 2025


Amounts falling due 1-2 years
Bank loans	5,131,000	5,454,748
Prepaid loan arrangement fees	(61,842)	-
	5,069,158	5,454,748


	5,069,158	5,454,748

Allotted, called up and fully paid

100 (2024 - 100) Ordinary Shares shares of £1 each	100	100

10.	Related party transactions
	At the year end the Company owed £3,070,314 (2024: £1,724,912) to companies under common control. During the period the Company was charged £73 (2024: £nil) from a company under common control. At the year end, the balance due to this company was £73 (2024: £nil).

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