Registration number: 04763058

Cumberland House Freehold Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Unaudited Financial Statements	3 to 6

Cumberland House Freehold Limited

Company Information

Directors

O K Godyn J Imshan S E M Ringdal

Company secretary

Westbourne Block Management Limited

Registered office

Westbourne Block Management 6th Floor, 2 Kingdom Street Paddington London W2 6BD

Accountants

Service Charge Assurance Limited Chartered AccountantsSalatin House 19 Cedar Road Sutton Surrey SM2 5DA

Cumberland House Freehold Limited

(Registration number: 04763058)
Statement of Financial Position as at 31 May 2025

	Note	2025 £	2024 £
Non-current assets
Property, plant and equipment	5	68,325	68,325
Current assets
Receivables	6	-	50
Cash at bank and in hand	7	52,348	48,879
		52,348	48,929
Payables: Amounts falling due within one year	8	(7,421)	(7,735)
Net current assets		44,927	41,194
Net assets		113,252	109,519
Equity
Called up share capital	9	34,568	34,568
Retained earnings	9	78,684	74,951
Total equity		113,252	109,519

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income statement.

The financial statements of Cumberland House Freehold Limited were approved and authorised for issue by the Board on 18 May 2026 and signed on its behalf by:
 

........................................

S E M Ringdal
Director

Cumberland House Freehold Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 May 2025

1	General information

Cumberland House Freehold Limited (the 'company') is a private company limited by share capital, registered in England and Wales under the Companies Act. The address of the registered office is given on page 1.

2	Accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The functional currency of the company is considered to be pound sterling (£) because that is the currency of the primary economic environment in which the company operates. The financial statements are presented in pound sterling (£).

Revenue recognition

Turnover comprises ground rents receivable and is recognised in the period in which it is due.

Taxation

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Property, plant and equipment

Property, plant and equipment comprises the freehold land and building at Cumberland House, Clifton Gardens, London, W9 1DX.

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold land and building	Nil

Cumberland House Freehold Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 May 2025 (continued)

2	Accounting policies (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

4

Taxation

Tax charged/(credited) in the income statement

	2025 £	2024 £
Current taxation
UK corporation tax	743	2,159

Cumberland House Freehold Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 May 2025 (continued)

5	Property, plant and equipment

	Freehold land and buildings £
Cost
At 1 June 2024	68,325
At 31 May 2025	68,325
Carrying amount
At 31 May 2025	68,325
At 31 May 2024	68,325

6	Receivables

	2025 £	2024 £
Trade receivables	-	50
	-	50

7	Cash and cash equivalents

	2025 £	2024 £
Cash at bank	52,348	48,879

8

Payables

	2025 £	2024 £
Due within one year
Corporation tax	3,075	2,332
Other payables	-	1,620
Accruals & deferred income	4,346	3,783
	7,421	7,735

Cumberland House Freehold Limited

Notes to the Unaudited Financial Statements
for the Year Ended 31 May 2025 (continued)

9	Share capital and reserves

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary 'A' shares of £1 each	12	12	12	12
Ordinary 'B' shares of £1 each	34,556	34,556	34,556	34,556
	34,568	34,568	34,568	34,568

The company has two classes of share capital, neither of which carries any right to fixed income.

Reserves
The retained earnings reserve represents cumulative profit or losses net of dividends paid and other adjustments.