REGISTERED NUMBER: 04936597 (England and Wales)

Financial Statements

for the Year Ended 31 October 2025

for

Cylan Properties Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

C A Martin

SECRETARY:

N E Martin

REGISTERED OFFICE:

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

REGISTERED NUMBER:

04936597 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

FIXED ASSETS

Tangible assets

5

-

-

Bond Investments

6

57,500

57,500

Investment property

7

795,000

795,000

852,500

852,500

CURRENT ASSETS

Debtors

8

27,240

34,537

Cash at bank

11,680

8,304

38,920

42,841

CREDITORS

Amounts falling due within one year

9

(11,612

)

(6,539

)

NET CURRENT ASSETS

27,308

36,302

TOTAL ASSETS LESS CURRENT LIABILITIES

879,808

888,802

CREDITORS

Amounts falling due after more than one year

10

(612,905

)

(622,115

)

PROVISIONS FOR LIABILITIES

(43,947

)

(43,947

)

NET ASSETS

222,956

222,740

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

11

222,856

222,640

222,956

222,740

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 July 2026 and were signed by:

C A Martin - Director

1.	STATUTORY INFORMATION

Cylan Properties 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on cost

Computer equipment

-

20% on cost

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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

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

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

Cost

At 1 November 2024

and 31 October 2025

1,919

671

2,590

Depreciation

At 1 November 2024

and 31 October 2025

1,919

671

2,590

Net book value

At 31 October 2025

-

-

-

At 31 October 2024

-

-

-

6.	FIXED ASSET INVESTMENTS

Bond investments are shown at cost less impairment.

7.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 November 2024

and 31 October 2025

795,000

Net book value

At 31 October 2025

795,000

At 31 October 2024

795,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2018

27,373

Valuation in 2021

166,413

Valuation in 2023

(18,000

)

Cost

619,214

795,000

The investment properties have been valued on a fair value basis at 31 October 2025 by the director, and are stated at their valuation amount. The director is considered qualified to value the investment properties held by the company due to his experience in the field.

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Other debtors

27,240

34,537

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Trade creditors

240

720

Other creditors

11,372

5,819

11,612

6,539

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/25

31/10/24

£

£

Bank loans

529,762

529,784

Other creditors

83,143

92,331

612,905

622,115

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

529,762

529,784

The bank loans of £529,762 (2024: £529,784) are secured by way of a fixed charge over the investment properties held by the company.

11.

RESERVES

Included within the profit and loss reserves is £131,840 (2024: £131,840) of non-distributable reserves.