REGISTERED NUMBER: 14549790 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Verschuur Real Estate Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Property, plant and equipment

4

357

-

Investment property

5

965,027

757,052

965,384

757,052

CURRENT ASSETS

Debtors

6

200

-

Cash at bank

92,635

11,301

92,835

11,301

CREDITORS

Amounts falling due within one year

7

1,084,858

820,413

NET CURRENT LIABILITIES

(992,023

)

(809,112

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(26,639

)

(52,060

)

CREDITORS

Amounts falling due after more than one year

8

154,797

-

NET LIABILITIES

(181,436

)

(52,060

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

(181,536

)

(52,160

)

SHAREHOLDERS' FUNDS

(181,436

)

(52,060

)

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 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 27 May 2026 and were signed on its behalf by:

Mr Michiel Verschuur - Director

1.	STATUTORY INFORMATION

Verschuur Real Estate 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:

14549790

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment properties that are completed and available for letting are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in profit or loss in the period in which they arise.

Properties that are under construction, refurbishment or not yet capable of being let are carried at cost, as fair value cannot be reliably determined at the balance sheet date.

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 £181,436. The accounts have been prepared on going concern basis as the directors have confirmed that they 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.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

Additions

533

At 31 December 2025

533

DEPRECIATION

Charge for year

176

At 31 December 2025

176

NET BOOK VALUE

At 31 December 2025

357

5.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1 January 2025

757,052

Additions

260,491

Revaluations

(52,516

)

At 31 December 2025

965,027

NET BOOK VALUE

At 31 December 2025

965,027

At 31 December 2024

757,052

Cost or valuation at 31 December 2025 is represented by:

£

Valuation in 2023

8,136

Valuation in 2024

(8,136

)

Valuation in 2025

(52,516

)

Cost

1,017,543

965,027

Investment property situated at below mentioned are under a charge from Hampshire Trust Bank PLC. The charge was created on 10 March 2025.

a) 3 Lambton Street, Shildon, Co. Durham, DL4 1JG

b) 11 Scott Street, Shildon, County Durham, DL4 2DU

c) Flat 35, Bryan House, 61-69 Standishgate, Wigan WN1 1AH

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other debtors

200

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

1,084,858

820,413

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

154,797

-

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

154,797

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

154,797

-

The loan amounting to £154,797 is secured by the way of charge on the property situated at below mentioned (disclosed as investment property). The charge was created in the name of Hampshire Trust Bank PLC on 7 March 2025.

a) 3 Lambton Street, Shildon, Co. Durham, DL4 1JG

b) 11 Scott Street, Shildon, County Durham, DL4 2DU

c) Flat 35, Bryan House, 61-69 Standishgate, Wigan WN1 1AH

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

100

Ordinary

£1

100

100

11.	RELATED PARTY DISCLOSURES

The company owes £658,064 (2023: £807,035) to its director, Mr Michiel Verschuur who is also a 50% shareholder of the company as at accounting year end date.

The company owes £415,000 to its director, Mrs A.Verschuur-Maes who is also a 50% shareholder of the company as at accounting year end date.