REGISTERED NUMBER: 06341776 (England and Wales)

Campden Hill Properties Limited

Unaudited Financial Statements

for the Year Ended 31st August 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

I B S Kathuria

S P Makepeace-Taylor

D Salaman

REGISTERED OFFICE:

27 Emperor's Gate

London

SW7 4HS

REGISTERED NUMBER:

06341776 (England and Wales)

ACCOUNTANTS:

Hodgsons

Chartered Accountants

48 Arwenack Street

Falmouth

Cornwall

TR11 3JH

FIXED ASSETS

Tangible assets

4

57,821

77,095

Investments

5

129

129

Investment property

6

21,820,791

21,645,546

21,878,741

21,722,770

CURRENT ASSETS

Stocks

7

133,183

133,183

Debtors

8

6,870,763

6,912,448

Investments

9

370,000

380,000

Cash and cash equivalents

1,831,056

1,316,587

9,205,002

8,742,218

CREDITORS

Amounts falling due within one year

10

14,834,267

6,464,595

NET CURRENT (LIABILITIES)/ASSETS

(5,629,265

)

2,277,623

TOTAL ASSETS LESS CURRENT LIABILITIES

16,249,476

24,000,393

CREDITORS

Amounts falling due after more than one year

11

(1,550,820

)

(9,519,346

)

PROVISIONS FOR LIABILITIES

14

(1,044,529

)

(1,204,677

)

NET ASSETS

13,654,127

13,276,370

CAPITAL AND RESERVES

Called up share capital

471

471

Share premium

15

6,483,271

6,483,271

Fair value reserve

15

3,669,005

3,614,029

Retained earnings

15

3,501,380

3,178,599

13,654,127

13,276,370

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 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 12th August 2026 and were signed on its behalf by:

I B S Kathuria - Director

1.	STATUTORY INFORMATION

Campden Hill 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.	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.

Preparation of consolidated financial statements

The financial statements contain information about Campden Hill Properties Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Plant and machinery

-

25% on reducing balance

Tangible fixed assets are measured at cost less impairment and depreciation.

Investments in subsidiaries and associates

Investments in subsidiary undertakings are recognised at cost less impairment.

Investment property

Investment property is measured at fair value, with movements recognised in the income statement.

Stocks and work in progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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 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.

Joint venture profit shares and investment property revaluations

Contractual profit shares payable to joint venturers are recognised as an expense in the period in which the related profits are earned. Any unpaid amount is recognised as a liability at the reporting date.

The proportion of revaluation gains on investment property that will become payable when the properties are sold has been offset against revaluation gains/(losses) in the income statement, with a corresponding current liability.

Going concern

The financial statements have been prepared on a going concern basis. The company had net current liabilities at the year end as a result of a bank loan falling due within one year. Since the year end, this loan has been refinanced. The directors consider that the company has adequate resources to continue operating for the foreseeable future and therefore consider it appropriate to prepare the financial statements on a going concern basis.

Current asset investments

Current asset investments are measured at fair value at each reporting date. Gains and losses arising from changes in fair value are recognised in the income statement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1st September 2024

and 31st August 2025

107,472

DEPRECIATION

At 1st September 2024

30,377

Charge for year

19,274

At 31st August 2025

49,651

NET BOOK VALUE

At 31st August 2025

57,821

At 31st August 2024

77,095

5.	FIXED ASSET INVESTMENTS

Shares in

Interest

group

in

undertakings

associate

Totals

£

£

£

COST

At 1st September 2024

and 31st August 2025

119

10

129

NET BOOK VALUE

At 31st August 2025

119

10

129

At 31st August 2024

119

10

129

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st September 2024

21,645,546

Additions

101,944

Revaluations

73,301

At 31st August 2025

21,820,791

NET BOOK VALUE

At 31st August 2025

21,820,791

At 31st August 2024

21,645,546

Fair value at 31st August 2025 is represented by:

£

Valuation in 2015

(1,525,532

)

Valuation in 2016

450,000

Valuation in 2017

3,411,301

Valuation in 2018

1,051,850

Valuation in 2019

1,003,150

Valuation in 2020

(1,324,623

)

Valuation in 2021

676,470

Valuation in 2022

62,062

Valuation in 2024

1,014,029

Valuation in 2025

73,301

Cost

16,928,783

21,820,791

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

as

restated

£

£

Cost

16,928,783

16,826,840

Investment property was valued on open market basis on 31st August 2025 by the directors .

7.

STOCKS

2025

2024

as

restated

£

£

Stocks

133,183

133,183

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

£

Trade debtors

144,137

4,450

Amounts owed by group undertakings

5,080,649

4,883,725

Amounts owed by joint ventures

322,891

539,043

Amounts owed by associates

61,194

511,194

Other debtors

1,239,715

924,330

Prepayments and accrued income

22,177

49,706

6,870,763

6,912,448

Within other debtors are balances of £734,202 (2024: £572,202) due from related party companies (see note 19 for further details).

9.	CURRENT ASSET INVESTMENTS

2025

2024

as

restated

£

£

Other

370,000

380,000

The company has invested in a combination of international fixed income funds and equities on a short term basis. The market value of these investments as at 31 August 2025 was £370,000 (2024 - £380,000).

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

as

restated

£

£

Bank loans and overdrafts (see note 12)

8,064,966

1,621

Amounts owed to joint ventures

1,386,842

904,119

VAT

71,228

23,210

Other creditors

2,642,452

2,676,486

Directors' current accounts

2,564,851

2,835,310

Accrued expenses

103,928

23,849

14,834,267

6,464,595

Within other creditors are balances of £2,574,039 (2024: £2,628,549) due to related party companies (see note 19 for further details).

11.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

as

restated

£

£

Bank loans (see note 12)

1,550,820

9,519,346

12.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

as

restated

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

1,621

Bank loans

8,064,966

-

8,064,966

1,621

Amounts falling due between two and five years:

Bank loans - 2-5 years

1,550,820

9,519,346

13.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

as

restated

£

£

Bank loans

9,615,786

9,519,346

The bank loans are from Bank of Singapore and are secured by way of first charges over the investment properties. The loan facilities are interest only, with one of the two loans maturing in September 2025 and carrying an interest rate of 7.35% per annum including the bank cost of funds. Since the year end the maturing loan has been refinanced.

14.	PROVISIONS FOR LIABILITIES

2025

2024

as

restated

£

£

Deferred tax

1,044,529

1,204,677

Deferred

tax

£

Balance at 1st September 2024

1,204,677

Credit to Income Statement during year

(160,148

)

Balance at 31st August 2025

1,044,529

Movement in deferred taxation liabilities / (assets) is made up as follows:

2025

2024

£

£

Revaluation of investment property

1,223,002

1,204,677

Revaluation of current asset investments

(2,500

)

-

Accelerated capital allowances

14,455

-

Taxable losses carried forward

(190,428

)

-

Deferred tax liability

1,044,529

1,204,677

15.

RESERVES

Fair

Retained

Share

value

earnings

premium

reserve

Totals

£

£

£

£

At 1st September 2024

3,178,599

6,483,271

3,614,029

13,275,899

Profit for the year

377,757

377,757

Revaluation of investment property

(73,301

)

-

73,301

-

Deferred tax charge on revaluation

18,325

-

(18,325

)

-

At 31st August 2025

3,501,380

6,483,271

3,669,005

13,653,656

16.	RELATED PARTY DISCLOSURES

Other creditors

Within other creditors are balances of £2,574,039 (2024: £2,628,549) due to related party companies.The companies are related through common ownership and control.

During the year, repayments totalling £54,510 were made to the related party companies.

The balances are unsecured, interest-free and have no formal repayment terms. They are expected to be settled in cash. No guarantees have been given or received.

Other debtors

Within other debtors are balances of £734,202 (2024: £572,202) due from related party companies. The companies are related through common ownership and control.

During the year, advances totalling £162,000 were made to the related party companies.

The balances are unsecured, interest-free and have no formal repayment terms. They are expected to be settled in cash. No guarantees have been given or received.