87 Robinson Rd Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. General Information

87 Robinson Rd Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11621683 . The registered office is Office 4003, 87 Kimber Road, London, SW18 4FS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements have been prepared in accordance with FRS 102, "The Financial Reporting Standard applicable in the UK and Republic of Ireland" (FRS 102) and comply with the requirements of the Companies Act 2006 as these apply to companies under the small companies’ regime. The disclosure requirements in section 1A of FRS 102 have been followed, except where extra disclosures are necessary to present a true and fair view.

The financial statements are presented in sterling, which is the company’s functional currency. All monetary amounts are rounded to the nearest pound (£).

The accounts have been compiled using the historical cost convention, except where freehold properties have been revalued, and investment properties and certain financial instruments are shown at fair value.

2.2. Going Concern Disclosure

When approving these financial statements, the director has a reasonable expectation that the company possesses sufficient resources to remain operational for the foreseeable future and has expressed willingness to continue supporting the company. Therefore, the director considers it appropriate to prepare the financial statements on a going concern basis.

2.3. Turnover

Turnover comprises income generated from rental income receivable from letting investment properties, as well as utilities recharged. Rental income is recognised on an accruals basis.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are initially recognised at cost and thereafter carried at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised to write off the cost or valuation of assets, less their residual values, over their useful lives on the following bases:

Plant & Machinery	3 years straight-line
Fixtures & Fittings	3 years straight-line

The gain or loss on disposal of an asset is the difference between the sale proceeds and the asset’s carrying amount and is credited or charged to profit or loss.

Impairment of fixed assets

At the end of each reporting period, the company assesses the carrying amounts of its tangible assets to determine whether there are any indications of impairment. If such indications exist, the recoverable amount of the asset is estimated to determine the extent of any impairment loss. Where it is not possible to estimate an individual asset’s recoverable amount, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In measuring value in use, estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the future cash flow estimates have not been adjusted.

If an asset’s (or cash-generating unit’s) recoverable amount is less than its carrying amount, the carrying amount is reduced to the recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the asset is carried at a revalued amount, in which case the impairment is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment no longer apply. When an impairment loss is reversed, the carrying amount of the asset (or cash-generating unit) is increased to the revised recoverable amount, but not above the carrying amount that would have been determined had no impairment been recognised in prior years. A reversal is recognised immediately in profit or loss, unless the asset is carried at a revalued amount, in which case it is treated as a revaluation increase.

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87 Robinson Rd Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.5. Investment Properties

Investment property is defined as property held to generate rental income and/or for capital appreciation—is initially recognised at cost, including both the purchase price and any directly attributable costs. After initial recognition, investment property is carried at fair value at each reporting date. Any changes in fair value are recognised in profit or loss.

2.6. Financial Instruments

The company has chosen to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company’s balance sheet when the company becomes a party to the contractual terms of the instrument.

Financial assets and liabilities are offset, with the net amount presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability at the same time.

Basic financial assets

Basic financial assets, including debtors and cash and bank balances, are initially measured at the transaction price, inclusive of transaction costs, and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financing transaction, in which case the transaction is measured at the present value of future receipts discounted at a market rate of interest. Financial assets receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all liabilities.

Basic financial liabilities

Basic financial liabilities—including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt—are initially recognised at the transaction price unless the arrangement constitutes a financing transaction, in which case the debt instrument is measured at the present value of future payments discounted at a market rate of interest. Financial liabilities payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost using the effective interest method.

Trade creditors are obligations to pay for goods or services acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less; otherwise, they are presented as non-current liabilities. Trade creditors are initially recognised at the transaction price and subsequently measured at amortised cost using the effective interest method.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

...CONTINUED

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87 Robinson Rd Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.7. Taxation - continued

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.8. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and comprise cash on hand, call deposits with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are presented within borrowings under current liabilities.

2.9. Equity Instruments

Equity instruments issued by the company are recognised at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities when they are no longer at the company’s discretion.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 October 2024	4,166	7,942	12,108
Additions	1,281	2,923	4,204
Disposals	(4,166 )	-	(4,166 )

As at 30 September 2025	1,281	10,865	12,146

Depreciation
As at 1 October 2024	4,166	4,225	8,391
Provided during the period	391	3,481	3,872
Disposals	(4,166 )	-	(4,166 )

As at 30 September 2025	391	7,706	8,097

Net Book Value
As at 30 September 2025	890	3,159	4,049

As at 1 October 2024	-	3,717	3,717

5. Investment Property

	2025
	£
Fair Value
As at 1 October 2024 and 30 September 2025	5,000,000

The investment properties were independently valued at £5,000,000 as of 7 October 2022, using open market value. The valuation was conducted in accordance with professional standards set by the Royal Institute of Chartered Surveyors and was based on market value.

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87 Robinson Rd Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	50,109	56,308

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	717	1,985
Other creditors	317,467	357,346
Taxation and social security	3,650	4,350

	321,834	363,681

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	4,057,217	4,052,684

The loan facility from Shawbrook Bank is secured by a fixed and floating charge over the company’s assets, as well as a personal guarantee from the director.

9. Deferred Taxation

A provision for deferred tax liability amounting to £212,557 has been recognised in respect of the 2022/23 financial year.

	2025	2024
	£	£
Other timing differences	212,557	212,557

10. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	100	100

Amount of Allotted, Called Up Share Capital	100	100

11. Related Party Transactions

At the year end, the director had an outstanding loan balance owed from the company amounting to £106,730 (2024: £16,127), with interest of £17,169 (2024: £5,058) charged at a rate of 15%.

Additionally, a balance of £147,542 (2024: £143,009) was owed to a company with directors in common. Interest of £4,346 (2024: £3,218) was charged on this loan at an interest rate of 2.25-3.75%.

12. Additional Notes to the Accounts

Unamortized Loan Fees – Shawbrook

Included within Assets is an item titled “Unamortized Loan Fees – Shawbrook”.

This represents the balance of Shawbrook loan fees that will be expensed to the income statement over future accounting periods.

Note: The total loan fees were originally added to the loan principal and are therefore included within the account balance “Loan Principal – Shawbrook”.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,049		3,717
Investment Properties	5		5,000,000		5,000,000

			5,004,049		5,003,717
CURRENT ASSETS
Debtors	6	50,109		56,308
Cash at bank and in hand		5,691		15,779

		55,800		72,087
Creditors: Amounts Falling Due Within One Year	7	(321,834 )		(363,681 )

NET CURRENT ASSETS (LIABILITIES)			(266,034 )		(291,594 )

TOTAL ASSETS LESS CURRENT LIABILITIES			4,738,015		4,712,123

Creditors: Amounts Falling Due After More Than One Year	8		(4,057,217 )		(4,052,684 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	9		(212,557 )		(212,557 )

NET ASSETS			468,241		446,882

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			468,141		446,782

SHAREHOLDERS' FUNDS			468,241		446,882