Clifton Terrace Property Investments Limited

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

Registered number: 07416876

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,612		2,583
Investment Properties	5		2,020,000		2,020,000

			2,023,612		2,022,583
CURRENT ASSETS
Debtors	6	18,115		15,313
Cash at bank and in hand		95,927		389,150

		114,042		404,463
Creditors: Amounts Falling Due Within One Year	7	(452,439 )		(756,386 )

NET CURRENT ASSETS (LIABILITIES)			(338,397 )		(351,923 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,685,215		1,670,660

PROVISIONS FOR LIABILITIES
Deferred Taxation			(205,821 )		(205,548 )

NET ASSETS			1,479,394		1,465,112

CAPITAL AND RESERVES
Called up share capital			2		2
Fair value reserve			568,206		568,206
Profit and Loss Account			911,186		896,904

SHAREHOLDERS' FUNDS			1,479,394		1,465,112

Page 1

Page 2

Clifton Terrace Property Investments Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr V V Shah

Director

5 July 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Clifton Terrace Property Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07416876 . The registered office is 76 Canterbury Road, Croydon, Surrey, CR0 3HA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

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. The financial statements are presented in Pound Sterling, which is the functional currency of the company.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

The company recognises revenue when:

i. The amount of revenue can be reliably measured;

ii. it is probable that future economic benefits will flow to the entity;

iii. and specific criteria have been met for each of the company's activities.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% Straight Line

2.5. Investment Properties

Investment property is property held to earn rentals and/or capital appreciation. Investment property are initially measured at cost, including transaction costs. Subsequently investment property is carried at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit and loss in the period in which they arise.

Investment properties whose fair value cannot be measured reliably on an on-going basis are included in plant, property and equipment at cost less accumulated depreciation and accumulated impairment losses.

Page 3

Page 4

Clifton Terrace Property Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.6. Taxation

The tax expense for the period comprises current and deferred 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 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.

Notes to the Financial Statements for the Year Ended 31 October 2024 Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

2.7. Pensions

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 November 2024	31,290
Additions	2,232

As at 31 October 2025	33,522

Depreciation
As at 1 November 2024	28,707
Provided during the period	1,203

As at 31 October 2025	29,910

Net Book Value
As at 31 October 2025	3,612

As at 1 November 2024	2,583

Page 4

Page 5

Clifton Terrace Property Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

5. Investment Property

	2025
	£
Fair Value
As at 1 November 2024 and 31 October 2025	2,020,000

The investment properties were revalued on 31 October 2024 by the director of the company who is not a professionally qualified valuer. The valuation was on an open market basis. The invesment property has a current value of £2,020,000 (2024 - £2,020,000).

The historic cost of the investment properties were £1,246,931 (2024 - £1,246,931 ). The depreciation on this historical cost is £Nil (2024- £nil).

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	(1,364 )	-
Prepayments and accrued income	991	635
Other debtors	18,429	14,678
Net wages	59	-

	18,115	15,313

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	824	874
Corporation tax	22,482	31,318
Other taxes and social security	71	-
Net wages	-	2,096
Other creditors - Mrs V Shah	35,005	335,005
Other creditors - deposit	35,929	32,178
Pension control account	102	-
Accruals and deferred income	10,896	8,010
Director's loan account	347,130	346,905

	452,439	756,386

8. Related Party Transactions

Other transactions with the director

During the year the company made the following related party transcation:

Mr V V Shah

Director and Shareholder

An interest free loan has been provided by Mr V V shah. There is no formal repayment terms and agreed for the loan. However, Mr V V shah will not demand repayment of the loan unless the company has funds to do so.

At balance sheet date the amount due to Mr V V Shah was £347,130 (2024 - £346,905)

...CONTINUED

Page 5

Page 6

Clifton Terrace Property Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

8. Related Party Transactions - continued

Summary of transactions with other related parties

Mrs V Shah

Shareholder

The balance owed is included within 'Other Creditors'.

An interest free loan has been provided by Mrs V shah. There is no formal repayment terms and agreed for the loan. However, Mrs V shah will not demand repayment of the loan unless the company has funds to do so.

During the year, there was a repayment amounting to £300,000 was made to Mrs V Shah. At balance sheet date the amount due to Mrs V Shah was £35,005 (2024 - £335,005)

Page 6