Registration number: 00467950

Clapham Court Properties Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 6

Clapham Court Properties Limited

(Registration number: 00467950)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Investment property	5	2,150,000	2,150,000
Current assets
Debtors	6	23,616	25,088
Cash at bank and in hand		309,938	306,226
		333,554	331,314
Creditors: Amounts falling due within one year	7	(210,032)	(217,058)
Net current assets		123,522	114,256
Total assets less current liabilities		2,273,522	2,264,256
Provisions for liabilities		(429,029)	(429,029)
Net assets		1,844,493	1,835,227
Capital and reserves
Called up share capital	8	1,000	1,000
Other reserves		1,483,995	1,483,995
Profit and loss account		359,498	350,232
Shareholders' funds		1,844,493	1,835,227

For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 July 2026 and signed on its behalf by:
 

......................................... S R Byre Company secretary and director

Clapham Court Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Lawford House
Albert Place
London
N3 1QA
England

These financial statements were authorised for issue by the Board on 18 July 2026.

2	Accounting policies

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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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 Pounds Sterling, which is also the functional currency of the company. Rounding of amounts shown in the financial statements is to the nearest Pound.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Revenue represents amounts receivable for rent and is recognised when it is due. Revenue is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Clapham Court Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Current and deferred taxation

The tax expense for the period comprises current 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 corporation 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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance sheet date, except that:
· The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
· Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	20% Straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Clapham Court Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 April 2025	4,555	4,555
At 31 March 2026	4,555	4,555
Depreciation
At 1 April 2025	4,555	4,555
At 31 March 2026	4,555	4,555
Carrying amount
At 31 March 2026	-	-

Clapham Court Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5	Investment properties

	2026 £
At 1 April	2,150,000
At 31 March	2,150,000

The valuation of the investment property was carried out by an independent valuer on 9 November 2021. In the opinion of the directors, the investment property is fairly stated in the financial statements.

6

Debtors

	2026 £	2025 £
Other debtors	23,616	25,088
	23,616	25,088

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Taxation and social security	13,672	18,344
Accruals and deferred income	2,700	2,500
Other creditors	193,660	196,214
	210,032	217,058

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary shares of £1 each	1,000	1,000	1,000	1,000

Clapham Court Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

9	Related party transactions

Management fees of £72,000 (2025: £78,000) were paid to companies controlled by one of the directors.

Included within other debtors is a total amount of £23,616 (2025: £25,088) due from connected persons and companies in which the shareholders have a material interest. The loans are provided interest free and are unsecured. There is no formal terms and conditions regarding the repayment of the loans.

Included within other creditors is a total amount of £193,660 (2025: £196,214) owed to companies in which the shareholders have a material interest. The loans are provided interest free and are unsecured. There is no formal terms and conditions regarding the repayment of the loans.