REGISTERED NUMBER: 04043522 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

THAMESIDE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Paschali

Mr R G Kilikita

REGISTERED OFFICE:

Solar House

282 Chase Road

London

N14 6NZ

REGISTERED NUMBER:

04043522 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

4

1,145

1,431

Investments

5

927,220

367,587

Investment property

6

7,721,610

8,711,197

8,649,975

9,080,215

CURRENT ASSETS

Debtors

7

1,532,209

1,793,014

Cash at bank

1,190,767

103,550

2,722,976

1,896,564

CREDITORS

Amounts falling due within one year

8

2,145,376

1,956,399

NET CURRENT ASSETS/(LIABILITIES)

577,600

(59,835

)

TOTAL ASSETS LESS CURRENT LIABILITIES

9,227,575

9,020,380

CREDITORS

Amounts falling due after more than one year

9

(5,015,055

)

(5,301,821

)

PROVISIONS FOR LIABILITIES

(115,572

)

(272,002

)

NET ASSETS

4,096,948

3,446,557

CAPITAL AND RESERVES

Called up share capital

10

102

102

Fair value reserve

11

615,678

490,498

Retained earnings

3,481,168

2,955,957

SHAREHOLDERS' FUNDS

4,096,948

3,446,557

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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 by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

Mr J Paschali - Director

1.	STATUTORY INFORMATION

Thameside 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 represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred. This is stated after trade discounts 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

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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 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 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 August 2024

and 31 July 2025

65,895

DEPRECIATION

At 1 August 2024

64,464

Charge for year

286

At 31 July 2025

64,750

NET BOOK VALUE

At 31 July 2025

1,145

At 31 July 2024

1,431

5.	FIXED ASSET INVESTMENTS

Shares in

group

Unlisted

undertakings

investments

Totals

£

£

£

COST

At 1 August 2024

256,001

111,586

367,587

Additions

-

867,947

867,947

Disposals

-

(308,314

)

(308,314

)

At 31 July 2025

256,001

671,219

927,220

NET BOOK VALUE

At 31 July 2025

256,001

671,219

927,220

At 31 July 2024

256,001

111,586

367,587

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

8,711,197

Additions

635,229

Disposals

(1,624,816

)

At 31 July 2025

7,721,610

NET BOOK VALUE

At 31 July 2025

7,721,610

At 31 July 2024

8,711,197

Fair value at 31 July 2025 is represented by:

£

Valuation in 2017

731,250

Cost

6,990,360

7,721,610

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

9,750

-

Amounts due by related parties

1,487,016

1,778,845

VAT

2,875

7,951

Prepayments

32,568

6,218

1,532,209

1,793,014

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

11,000

11,000

Trade creditors

69,142

-

Amounts owed to group undertakings

1,169,710

1,169,710

Corporation tax payable

154,083

34,129

Amounts due to related parties

634,699

634,699

Other creditors

87,443

87,609

Directors' current accounts

15,202

15,252

Accruals

4,097

4,000

2,145,376

1,956,399

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans - 1-2 years

11,000

11,000

Bank loans - 2-5 years

4,010,805

4,446,571

Bank loans more 5 yr by instal

993,250

844,250

5,015,055

5,301,821

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

993,250

844,250

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

102

Ordinary

£1

102

102

11.

RESERVES

Fair

value

reserve

£

At 1 August 2024

490,498

Movement in the year

125,180

At 31 July 2025

615,678