REGISTERED NUMBER: 11136489 (England and Wales)

LONDON & CITY PROPERTY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr C Mouyiaris

REGISTERED OFFICE:

41 High Street

Southgate

London

N14 6LD

REGISTERED NUMBER:

11136489 (England and Wales)

ACCOUNTANTS:

Christiansons Ltd

Chartered Certified Accountants

Sterling House

Fulbourne Road

Walthamstow

London

E17 4EE

FIXED ASSETS

Investment property

4

500,000

525,000

CURRENT ASSETS

Debtors

5

10,000

10,162

Cash at bank

12,976

1,584

22,976

11,746

CREDITORS

Amounts falling due within one year

6

344,009

112,097

NET CURRENT LIABILITIES

(321,033

)

(100,351

)

TOTAL ASSETS LESS CURRENT LIABILITIES

178,967

424,649

CREDITORS

Amounts falling due after more than one year

7

-

(234,631

)

PROVISIONS FOR LIABILITIES

8

(46,326

)

(52,576

)

NET ASSETS

132,641

137,442

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

9

138,979

157,729

Retained earnings

(6,339

)

(20,288

)

SHAREHOLDERS' FUNDS

132,641

137,442

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 9 July 2026 and were signed by:

Mr C Mouyiaris - Director

1.	STATUTORY INFORMATION

London & City Property 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided

for. Changes in fair value are recognised in the Profit & Loss Account.

The property currently is reflected at Valuation.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - NIL ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

525,000

Revaluations

(25,000

)

At 31 January 2026

500,000

NET BOOK VALUE

At 31 January 2026

500,000

At 31 January 2025

525,000

Fair value at 31 January 2026 is represented by:

£

Valuation in 2025

210,305

Valuation in 2026

(25,000

)

Cost

314,695

500,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

-

162

Amounts owed by associates

10,000

10,000

10,000

10,162

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

234,595

3,600

Trade creditors

-

553

Amounts owed to associates

106,700

106,700

Other creditors

2,714

1,244

344,009

112,097

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

-

234,631

8.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

£

Deferred tax

46,326

52,576

Deferred

tax

£

Balance at 1 February 2025

52,576

Provided during year

(6,250

)

Balance at 31 January 2026

46,326

9.

RESERVES

Fair

value

reserve

£

At 1 February 2025

157,729

Fair value movement

(18,750

)

At 31 January 2026

138,979

10.	ULTIMATE CONTROLLING PARTY

The company's ultimate controlling party is Costas Mouyiaris by virtue of his ownership of 100% of the issued share capital in the company.