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Registration number: 16027014

CityLink Residential Ltd
Unaudited Filleted Financial Statements
for the Period from 18 October 2024 to 31 October 2025

CityLink Residential Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 5

CityLink Residential Ltd

Company Information

Directors | Mrs Timea Kalmar-Franden Mr William Travis Hrovat Kalmar-Franden

Registered office | 17 Marston Avenue Chessington KT9 2HF

Accountants | Richlands Business Advisers Limited Chartered Accountants42-46 Station Road Edgware Middlesex HA8 7AB

CityLink Residential Ltd

(Registration number: 16027014)
Balance Sheet as at 31 October 2025

| Note | 2025 £
Fixed assets |  |
Investment property | 4 | 381,266
Current assets |  |
Cash at bank and in hand |  | 11,003
Creditors: Amounts falling due within one year | 5 | (148,222)
Net current liabilities |  | (137,219)
Total assets less current liabilities |  | 244,047
Creditors: Amounts falling due after more than one year | 5 | (240,000)
Net assets |  | 4,047
Capital and reserves |  |
Called up share capital | 6 | 100
Retained earnings |  | 3,947
Shareholders' funds |  | 4,047

For the financial period ending 31 October 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 period 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 Profit and Loss Account.

Approved and authorised by the Board on 7 May 2026 and signed on its behalf by:

......................................... Mrs Timea Kalmar-Franden Director
......................................... Mr William Travis Hrovat Kalmar-Franden Director

CityLink Residential Ltd

Notes to the Unaudited Financial Statements for the Period from 18 October 2024 to 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
17 Marston Avenue
Chessington
KT9 2HF
England

These financial statements were authorised for issue by the Board on 7 May 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

CityLink Residential Ltd

Notes to the Unaudited Financial Statements for the Period from 18 October 2024 to 31 October 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4 | Investment properties

| 2025 £
Additions | 381,266
At 31 October | 381,266

The investment property was internally valued by the director.

CityLink Residential Ltd

Notes to the Unaudited Financial Statements for the Period from 18 October 2024 to 31 October 2025

5 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £
Due within one year |  |
Accrued expenses |  | 900
Corporation tax payable |  | 1,161
Directors current account |  | 146,161
|  | 148,222

Creditors: amounts falling due after more than one year

| Note | 2025 £
Due after one year |  |
Loans and borrowings | 7 | 240,000

Bank borrowings are secured by fixed charges over the company's investment properties

6 | Share capital

Allotted, called up and fully paid shares

| 2025
| No. | £
Ordinary shares of £1 each | 82 | 82
Ordinary B shares of £1 each | 18 | 18
| 100 | 100

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £
Bank borrowings | 240,000