REGISTERED NUMBER: 14303388 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2025

FOR

FLATSATSIXTEENCHURCHFIELD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Saujani

Mrs A N Saujani

REGISTERED OFFICE:

50 Grovewood Close

Chorleywood

Rickmansworth

Hertfordshire

WD3 5PX

REGISTERED NUMBER:

14303388 (England and Wales)

ACCOUNTANTS:

Macalvins Limited

Chartered Accountants

7 St John's Road

Harrow

Middlesex

HA1 2EY

CURRENT ASSETS

Debtors

4

1,156,473

1,252,844

Cash at bank

154,158

51,088

1,310,631

1,303,932

CREDITORS

Amounts falling due within one year

5

11,581

2,654

NET CURRENT ASSETS

1,299,050

1,301,278

TOTAL ASSETS LESS CURRENT LIABILITIES

1,299,050

1,301,278

CREDITORS

Amounts falling due after more than one year

6

1,304,470

1,304,468

NET LIABILITIES

(5,420

)

(3,190

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(5,520

)

(3,290

)

(5,420

)

(3,190

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 22 May 2026 and were signed on its behalf by:

Mrs A N Saujani - Director

1.	STATUTORY INFORMATION

Flatsatsixteenchurchfield Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going concern

The financial statements have been prepared on a going concern basis not withstanding the company's net liabilities position as at the year end. The parent company has provided an undertaking that it will continue to support financially for the foreseeable future.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Financial instruments

Financial assets and financial liabilities are recognised in the Company’s balance sheet when the Company becomes a party to the contractual provisions of the instrument.

Loans and borrowings

Loans and borrowings are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

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.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

1,131,550

1,252,844

Amounts owed by related companies

24,923

-

1,156,473

1,252,844

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

686

Amounts owed to related companies

9,351

-

Accrued expenses

2,230

1,968

11,581

2,654

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank Loans due after more than

5 years

1,304,470

1,304,468

1,304,470

1,304,468

Amounts falling due in more than five years:

Repayable by instalments

Bank Loans due after more than

5 years

1,304,470

1,304,468

1,304,470

1,304,468

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

1,304,470

1,304,468

The bank loan is secured by a first legal charge over leasehold properties held by the parent company. The loan is interest only, with interest charged at a fixed rate of 4.5% per annum until 31 December 2027.

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, the following balances were outstanding in respect of companies where the directors have beneficial interest and where the company directors are also the directors:-

2025

2024

Debtors:

£

£

Venus Incorporation Limited

8,604

-

Devine (Estates) Limited

5,000

-

Denbeech Limited

11,319

-

24,923

-

Creditors:

Devine (Ealing) Limited

9,351

-

9,351

-

The amounts due are interest free and there are no specific terms of repayment.

9.	ULTIMATE PARENT AND CONTROLLING PARTY

The company is a subsidiary of Sixteen Churchfield Limited, a company registered in England and Wales. The directors consider Sixteen Churchfield Limited to be the ultimate controlling party.