ACCOUNTS - Final Accounts

Registered number: 06139640

CARLISLE MANSIONS WEST (FREEHOLD) LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 24 DECEMBER 2025

CARLISLE MANSIONS WEST (FREEHOLD) LIMITED

REGISTERED NUMBER: 06139640

STATEMENT OF FINANCIAL POSITION

AS AT 24 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		4,500		4,500
			4,500		4,500
Current assets
Debtors: amounts falling due within one year	5	800		5,440
Cash at bank and in hand	6	75,087		77,226
		75,887		82,666
Creditors: amounts falling due within one year	7	(26,110)		(28,390)
Net current assets			49,777		54,276
Total assets less current liabilities			54,277		58,776

Net assets			54,277		58,776

Capital and reserves
Called up share capital		42	42
Capital reserve	8	49,428	49,428
Profit and loss account	8	4,807	9,306
		54,277	58,776

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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CARLISLE MANSIONS WEST (FREEHOLD) LIMITED

REGISTERED NUMBER: 06139640

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 24 DECEMBER 2025

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 June 2026.

S. L. Macdonald Eggers	J. A. Drabble
Director	Director

The notes on pages 3 to 6 form part of these financial statements.

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CARLISLE MANSIONS WEST (FREEHOLD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24 DECEMBER 2025

1.	General information

Carlisle Mansions West (Freehold) Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is 30 Orange Street, London, WC2H 7HF.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue comprises fees received for lease extensions, ground rents and other related property receipts.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Tangible fixed assets

Tangible fixed assets are stated at estimated cost. No depreciation is provided in respect of the asset as it is considered insignificant.

2.5

Debtors

Short term debtors are measured at transaction price.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.7

Creditors

Short term creditors are measured at the transaction price.

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CARLISLE MANSIONS WEST (FREEHOLD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24 DECEMBER 2025

2.Accounting policies (continued)

2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of income and retained earnings.
Financial assets and liabilities are offset and the net amount reported in the Statement of Financial Position when there is an 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 simultaneously.

2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

Employees

The average monthly number of employees, including directors, during the year was 7 (2024 - 2).

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CARLISLE MANSIONS WEST (FREEHOLD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24 DECEMBER 2025

4.	Tangible fixed assets

		Land and buildings
		£
	Cost or valuation
	At 25 December 2024	4,500
	At 24 December 2025	4,500

	Net book value
	At 24 December 2025	4,500
	At 24 December 2024	4,500

Fixed assets comprise the estimated value of the freehold interest after long lease extensions were granted. No depreciation is provided as it is considered insignificant.

Debtors

					2025	2024
					£	£


Due from Carlisle Mansions West Service Charge	-	4,980
Ground Rents Due	800	460
	800	5,440

6.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank	75,087	77,226
	75,087	77,226

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CARLISLE MANSIONS WEST (FREEHOLD) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 24 DECEMBER 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other loans	8,081	8,081
Trade creditors	-	2,280
Other creditors	15,629	15,629
Accruals	2,400	2,400
	26,110	28,390

Reserves

Capital reserve

When the company was formed, monies were collected from shareholders in order to acquire the freehold interest in Carlisle Mansions West. After acquisition of the freehold interest, leases were extended for the shareholders/ leaseholders for a cost and any excess monies were returned to the shareholders of £2,581.07 per Flat. The balance was retained to provide working capital for the company at the time. This amounted to £49,428 and in 2022, this was transferred to a Capital Reserve from loans to show the nature of these monies.

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