REGISTERED NUMBER: 10972661 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

COLEMERE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D C Moss

REGISTERED OFFICE:

Office Suite 1

Haslemere House

Lower Street

Haslemere

Surrey

GU27 2PE

REGISTERED NUMBER:

10972661 (England and Wales)

FIXED ASSETS

Investment property

4

277,712

280,000

CURRENT ASSETS

Cash at bank

3,821

2,460

CREDITORS

Amounts falling due within one year

5

63,676

63,857

NET CURRENT LIABILITIES

(59,855

)

(61,397

)

TOTAL ASSETS LESS CURRENT LIABILITIES

217,857

218,603

CREDITORS

Amounts falling due after more than one year

6

(153,816

)

(154,157

)

PROVISIONS FOR LIABILITIES

(8,329

)

(10,156

)

NET ASSETS

55,712

54,290

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

55,662

54,240

55,712

54,290

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 28 May 2026 and were signed by:

D C Moss - Director

1.	STATUTORY INFORMATION

Colemere 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 as modified by the revaluation of certain assets.

Significant judgements and estimates

The following are the critical judgements and key sources of estimation uncertainty that the directors made in the process of applying the companies accounting policies and that have the most significant effect on the amounts recognised in the financial statements:

Fair value of Investment Properties

Investment properties are measured at fair value at each reporting date with changes in fair value recognised in the Profit and Loss. The directors assess the fair value of the investment properties based on recent market values. In determining the fair value on this basis, the valuation remains sensitive to fluctuations in the property market.

Turnover

Turnover represents rents receivable. Turnover is recognised at the date that the rent is due. Where payments are received from tenants in advance, the amounts are recorded as deferred income and included as part of creditors due within one year.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

Creditors

Creditors and provisions are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2024

280,000

Additions

2,195

Revaluations

(4,483

)

At 30 September 2025

277,712

NET BOOK VALUE

At 30 September 2025

277,712

At 30 September 2024

280,000

The director is of the opinion that the fair value of the investment properties is equal to historical cost.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,997

6,094

Amounts owed to participating interests

42,979

42,979

Taxation and social security

957

1,399

Other creditors

11,743

13,385

63,676

63,857

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

153,816

154,157

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

121,827

129,781

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

161,813

160,251

The mortgages are secured against the company's investment properties and are repayable in full in 2042. Interest is payable monthly at variable rates, currently 3.79% per annum up to 31December 2024, with one of the two mortgages increasing to 6.09% from 1 January 2025.

8.	RELATED PARTY DISCLOSURES