REGISTERED NUMBER: 10760694 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

CERDAN HOWARD HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms K Howard

Mr Cerdan-Pecino

REGISTERED OFFICE:

23 Sullivan Close

Portsmouth

PO6 4SN

REGISTERED NUMBER:

10760694 (England and Wales)

ACCOUNTANTS:

Gibson Whitter

Chartered Accountants

and Chartered Tax Advisers

Larch House

Parklands Business Park

Denmead

Hampshire

PO7 6XP

FIXED ASSETS

Investment property

4

861,501

840,000

CURRENT ASSETS

Debtors

5

16,817

7,950

Cash at bank

9,576

55,785

26,393

63,735

CREDITORS

Amounts falling due within one year

6

214,010

193,879

NET CURRENT LIABILITIES

(187,617

)

(130,144

)

TOTAL ASSETS LESS CURRENT LIABILITIES

673,884

709,856

CREDITORS

Amounts falling due after more than one year

7

(611,565

)

(576,386

)

PROVISIONS FOR LIABILITIES

8

(6,517

)

(28,060

)

NET ASSETS

55,802

105,410

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

9

35,326

99,622

Retained earnings

20,474

5,786

55,802

105,410

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 and authorised for issue by the Board of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by:

Ms K Howard - Director

1.	STATUTORY INFORMATION

Cerdan Howard Homes 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.

The company has net current liabilities at the balance sheet date. This is principally due to amounts owed to the director £211,989, which have agreed not to seek repayment until the company has sufficient cashflows to do so. On this basis the director has prepared the financial statements on the going concern basis.

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

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.

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 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

840,000

Additions

321,501

Disposals

(280,000

)

Revaluations

(20,000

)

At 31 March 2026

861,501

NET BOOK VALUE

At 31 March 2026

861,501

At 31 March 2025

840,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2022

31,226

Valuation in 2024

35,875

Valuation in 2026

(20,000

)

Cost

814,400

861,501

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Other debtors

269

-

Tax

-

269

Prepayments

16,548

7,681

16,817

7,950

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Directors' current accounts

211,989

191,989

Accrued expenses

2,021

1,890

214,010

193,879

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 1-2 years

611,565

576,386

8.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

6,517

28,060

Deferred

tax

£

Balance at 1 April 2025

28,060

Utilised during year

(21,543

)

Balance at 31 March 2026

6,517

9.

RESERVES

Fair

value

reserve

£

At 1 April 2025

99,622

Transfer

(64,296

)

At 31 March 2026

35,326

10.	RELATED PARTY DISCLOSURES

The aggregate amount owed to the directors at the balance sheet date is £211,989 (31.3.25: £191,989).

11.	ULTIMATE CONTROLLING PARTY

The controlling parties are Ms K Howard and Mr D Cerdan-Pecino.