REGISTERED NUMBER: 13075414 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Alexandra Court Development Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Investment property

4

3,420,000

3,250,000

CURRENT ASSETS

Cash at bank

26,863

30,996

CREDITORS

Amounts falling due within one year

5

235,325

293,413

NET CURRENT LIABILITIES

(208,462

)

(262,417

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,211,538

2,987,583

CREDITORS

Amounts falling due after more than one year

6

3,553,218

3,417,517

NET LIABILITIES

(341,680

)

(429,934

)

CAPITAL AND RESERVES

Called up share capital

8

840

840

Fair value reserve

9

371,677

201,677

Retained earnings

(714,197

)

(632,451

)

SHAREHOLDERS' FUNDS

(341,680

)

(429,934

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 6 April 2026 and were signed by:

Mr Job Wim Alexander Gutteling - Director

1.	STATUTORY INFORMATION

Alexandra Court Development Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

13075414

Registered office:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

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

Turnover represents the fair value of rent received or receivable from the investment properties, excluding discounts, rebates, value added tax and other sales taxes.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

The company has net liabilities of £341,680. The accounts have been prepared on a going concern basis as the director has confirmed that he will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 January 2025

3,250,000

Revaluations

170,000

At 31 December 2025

3,420,000

NET BOOK VALUE

At 31 December 2025

3,420,000

At 31 December 2024

3,250,000

Investment property situated at Alexandra Court Flats, Alexandra Road, Newport is under a charge from Hampshire Trust Bank PLC. The charge was created on 08 January 2024.

Cost or valuation at 31 December 2025 is represented by:

£

Valuation in 2023

201,677

Valuation in 2025

170,000

Cost

3,048,323

3,420,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

235,325

293,413

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

1,993,050

1,993,050

Other creditors

1,560,168

1,424,467

3,553,218

3,417,517

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

1,560,168

1,424,467

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

1,993,050

1,993,050

The loan amounting to £1,993,050 is secured by the way of charge on the property situated at Alexandra Court Flats, Alexandra Road, Newport (disclosed as investment property). The charge was created in the name of Hampshire Trust Bank PLC on 08 January 2024.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

8,402

Ordinary

£0.1

840

840

9.

RESERVES

Fair

value

reserve

£

At 1 January 2025

201,677

Transfer to/from reserves

170,000

At 31 December 2025

371,677

10.	RELATED PARTY DISCLOSURES

The company owes £218,083 including €239,455 (2024: £199,084 including €232,724) to Blue Buffalo Investments B.V., (a company registered in Netherlands), who is also a 14% shareholder of the company as at accounting year end date.

The company owes £186,226 including €204,296 (2024: £170,033 including €198,574) to Ciconia Trading Ltd, a company registered in United Kingdom (Company registered number: 11310705), who is also a 11.90% shareholder of the company as at accounting year end date.

The company owes £218,739 including €233,854 (2024: £200,055 including €227,124) to Mirani Properties Ltd, a company registered in United Kingdom (Company registered number: 13151863), who is also a 14% shareholder of the company as at accounting year end date.

The company owes £185,554 including €203,535 (2024: £169,405 including €197,814) to New water Investment B.V., (a company registered in Netherlands), who is also a 11.90 % shareholder of the company as at accounting year end date.

The company owes £218,083 including €239,455 (2024: £213,671 including €250,370) to Thomi Trading Ltd, a company registered in United Kingdom (Company registered number: 13084563), who is also a 14% shareholder of the company as at accounting year end date.

The company owes £185,130 including €209,715 (2024: £168,634 including €203,994) to VDB Real Estate Investments Ltd, a company registered in United Kingdom (Company registered number: 12918162), who is also a 11.90% shareholder of the company as at accounting year end date.

The company owes £162,794 including €173,720 (2024: £148,914 including €168,720) to Whetstone Real Estate Investments Ltd, a company registered in United Kingdom (Company registered number: 12918215), who is also a 10.40% shareholder of the company as at accounting year end date.

The company owes £185,559 including €206,236 (2024: £169,258 including €200,515) to BUS Vastgoed B.V. (a company registered in Netharlands), who is also a 11.90% shareholder of the company as at accounting year end date.