1 October 2024 false No description of principal activity Taxfiler 2024.6 08456200business:PrivateLimitedCompanyLtd2024-10-012025-09-30 084562002024-09-30 084562002024-10-012025-09-30 08456200business:AuditExemptWithAccountantsReport2024-10-012025-09-30 08456200business:FilletedAccounts2024-10-012025-09-30 084562002025-09-30 08456200business:Director12024-10-012025-09-30 08456200business:Director22024-10-012025-09-30 08456200business:RegisteredOffice2024-10-012025-09-30 084562002024-09-30 08456200core:WithinOneYear2025-09-30 08456200core:WithinOneYear2024-09-30 08456200core:AfterOneYear2025-09-30 08456200core:AfterOneYear2024-09-30 08456200core:ShareCapitalcore:PreviouslyStatedAmount2025-09-30 08456200core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 08456200core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-09-30 08456200core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 08456200core:PreviouslyStatedAmount2025-09-30 08456200core:PreviouslyStatedAmount2024-09-30 08456200business:SmallEntities2024-10-012025-09-30 08456200countries:EnglandWales2024-10-012025-09-30 08456200core:FurnitureFittings2024-10-012025-09-30 08456200core:IntangibleAssetsOtherThanGoodwill2024-09-30 08456200core:IntangibleAssetsOtherThanGoodwill2025-09-30 08456200core:IntangibleAssetsOtherThanGoodwill2024-10-012025-09-30 08456200core:LandBuildings2024-09-30 08456200core:FurnitureFittings2024-09-30 08456200core:LandBuildings2025-09-30 08456200core:FurnitureFittings2025-09-30 08456200core:AfterOneYear2024-10-012025-09-30 08456200business:OrdinaryShareClass12024-10-012025-09-30 08456200business:OrdinaryShareClass12023-10-012024-09-30 08456200business:OrdinaryShareClass22024-10-012025-09-30 08456200business:OrdinaryShareClass22023-10-012024-09-30 08456200business:AllOrdinaryShares2024-10-012025-09-30 08456200business:AllOrdinaryShares2023-10-012024-09-30 084562002023-10-012024-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08456200 (England and Wales)
METRO STUDENT ACCOMMODATION LIMITED Unaudited accounts for the year ended 30 September 2025
METRO STUDENT ACCOMMODATION LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
METRO STUDENT ACCOMMODATION LIMITED Company Information for the year ended 30 September 2025
Directors
Mr D M Peterman Mrs S W Peterman
Company Number
08456200 (England and Wales)
Registered Office
Old Ship House Wharfe Lane Henley on Thames Oxfordshire RG9 2LL
Accountants
ST Accountancy Ltd 8 Clappentail Park Lyme Regis Dorset DT7 3NB
- 3 -
METRO STUDENT ACCOMMODATION LIMITED Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
1,750 
5,250 
Tangible assets
5
72,480 
72,480 
Investment property
6
6,255,000 
6,255,000 
Investments
7
1,000 
1,000 
6,330,230 
6,333,730 
Current assets
Cash at bank and in hand
5,485 
4,600 
Creditors: amounts falling due within one year
8
(1,036,783)
(1,109,348)
Net current liabilities
(1,031,298)
(1,104,748)
Total assets less current liabilities
5,298,932 
5,228,982 
Creditors: amounts falling due after more than one year
9
(3,627,778)
(3,627,778)
Provisions for liabilities
Deferred tax
(175,742)
(175,742)
Net assets
1,495,412 
1,425,462 
Capital and reserves
Called up share capital
10
1,032,700 
1,032,700 
Profit and loss account
462,712 
392,762 
Shareholders' funds
1,495,412 
1,425,462 
For the year ending 30 September 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
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 D M Peterman Director Company Registration No. 08456200
- 4 -
METRO STUDENT ACCOMMODATION LIMITED Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
METRO STUDENT ACCOMMODATION LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08456200. The registered office is Old Ship House , Wharfe Lane , Henley on Thames, Oxfordshire, RG9 2LL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
12.5% straight line basis
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
METRO STUDENT ACCOMMODATION LIMITED Notes to the Accounts for the year ended 30 September 2025
4
Intangible fixed assets
Other 
£ 
Cost
At 1 October 2024
17,500 
At 30 September 2025
17,500 
Amortisation
At 1 October 2024
12,250 
Charge for the year
3,500 
At 30 September 2025
15,750 
Net book value
At 30 September 2025
1,750 
At 30 September 2024
5,250 
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2024
72,480 
55,781 
128,261 
At 30 September 2025
72,480 
55,781 
128,261 
Depreciation
At 1 October 2024
- 
55,781 
55,781 
At 30 September 2025
- 
55,781 
55,781 
Net book value
At 30 September 2025
72,480 
- 
72,480 
At 30 September 2024
72,480 
- 
72,480 
6
Investment property
2025 
£ 
Fair value at 1 October 2024
6,255,000 
At 30 September 2025
6,255,000 
In March 2022 the fair value of investment property was determined by external independent valuers, having appropriate relevant professional qualifications and recent experience in the location and category of the investment property being valued. An external valuation has not been completed since this date, instead the directors used their knowledge and experience of the market, along with third party data sources to conclude the fair value of the investment properties. The directors do not consider that there has been any significant change in the value of investment properties since the most recent valuation by external independent valuers.
7
Investments
Subsidiary undertakings 
£ 
Valuation at 1 October 2024
1,000 
Valuation at 30 September 2025
1,000 
- 6 -
METRO STUDENT ACCOMMODATION LIMITED Notes to the Accounts for the year ended 30 September 2025
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Amounts owed to group undertakings and other participating interests
1,025,771 
907,767 
Taxes and social security
8,198 
4,267 
Loans from directors
2,814 
197,314 
1,036,783 
1,109,348 
9
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
3,627,778 
3,627,778 
Included in the balance sheet are financial commitments of £3,627,778 (2024 - £3,627,778). These relate to ten bank loans, nine of which was secured by a fixed charge over one of the properties owned by the company. Four of the loans are also secured by a fixed and floating charge over the assets of the group.
10
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200 
200 
1,032,500 Ordinary A shares of £1 each
1,032,500 
1,032,500 
1,032,700 
1,032,700 
11
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 7 -