ACCOUNTS - Final Accounts preparation

Registered number: 16505515

COMO LONG TERM INVESTMENTS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 DECEMBER 2025

COMO LONG TERM INVESTMENTS LIMITED

REGISTERED NUMBER: 16505515

BALANCE SHEET

AS AT 31 DECEMBER 2025

		2025
Note		£

Fixed assets
Investments	5		749,247
			749,247
Current assets
Debtors	6	12,569
Cash at bank and in hand	7	24,166
		36,735
Creditors: amounts falling due within one year	8	(395,950)
Net current liabilities			(359,215)
Total assets less current liabilities			390,032
Creditors: amounts falling due after more than one year	9		(427,641)

Net liabilities			(37,609)

Capital and reserves
Called up share capital			100
Profit and loss account			(37,709)
			(37,609)

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COMO LONG TERM INVESTMENTS LIMITED

REGISTERED NUMBER: 16505515

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Richard Paul

Director

Date: 21 August 2026

The notes on pages 3 to 8 form part of these financial statements.

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COMO LONG TERM INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

1.	General information

Como Long Term Investments Limited (the "Company") is a private company limited by share capital, incorporated on 9 June 2025 under the UK Companies Act 2006 and is domiciled in England. The Company's registered office is located at 124 Finchley Road, London, NW3 5JS.

2.Accounting policies

2.1

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all reporting periods presented, unless otherwise stated.

2.2

Basis of preparation of financial statements

The financial statements of the Company have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in conformity with Financial Reporting Standard 102 requires the use of certain critical accounting estimates. It also requires management to exercise its judgment in the process of applying the Company's accounting policies.
Details of those estimates and/or judgments made in applying the Company's accounting policies towards the preparation of these financial statements that may be considered as yielding a significant risk of a material adjustment being made to the carrying amounts of assets and/or liabilities reported in the balance sheet during the next financial reporting period are disclosed in note 3 to the financial statements.

2.3

Functional and presentational currency

Items included in the financial statements of the Company are measured using the currency of the primary economic environment in which the Company operates (the "functional currency").
The functional currency of the Company, and the currency in which the financial statements are presented (the "presentational currency"), is 'Pounds Sterling' (£) rounded to the nearest single unit of currency.

2.4

Going concern

The director is of the opinion that based on operational performance following the balance sheet date, there is a reasonable expectation that the Company shall have adequate financial resources available at its disposal to continue in operational existence. For this reason, the director has no reason to believe that a material uncertainty exists that may cast significant doubt about the ability of the Company to continue as a going concern.
The director therefore considers it both appropriate to continue to adopt the going concern basis in preparing the Company's financial statements and to not recognise any adjustments in the financial statements that would arise if the going concern basis were to become no longer appropriate.

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COMO LONG TERM INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.5

Finance costs

Interest payable is charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount.
All borrowing costs are recognised in profit or loss in the year in which they are incurred unless where considered, in the opinion of the directors, to be material with respect to the value of the associated capital instrument upon which the respective borrowing costs on issue are initially recognised as a reduction against the proceeds of the associated capital instrument.

2.6

Current and deferred taxation

Taxation for the financial reporting period comprises of current (i.e. corporation) and deferred taxation which are recognised in profit or loss.
Current taxation is calculated using tax rates and on the basis of tax laws enacted or substantively enacted at the balance sheet date in the UK where the Company solely operates and generates taxable income.
Deferred taxation is recognised on temporary differences arising between the tax bases of assets and liabilities and their respective carrying amounts in the financial statements. Deferred taxation is calculated using tax rates and on the basis of tax laws enacted or substantively enacted at the balance sheet date and are expected to apply when the related deferred tax asset/liability is realised/settled. Deferred tax assets are recognised only to the extent that it is sufficiently probable that future taxable profits will be available against which the temporary differences can be utilised.

2.7

Fixed asset investments

Fixed asset investments comprise of holdings in unlisted property unit trusts.
Such holdings are accounted for using the equity method on the grounds that the trusts are transparent for taxation purposes in the UK where the Company solely operates.
Under this method, the Company recognises its investment at cost and subsequently adjusts this for its share of profits or losses, recognised in profit or loss within non-operating items, distributions made by the trusts and accumulated provision for impairment.

2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities; with said financial assets and liabilities classified in accordance with the substance of the underlying contractual obligations rather than its legal form.
Financial assets and liabilities are recognised in the Company's balance sheet when the Company becomes party to the contractual provisions of the instrument.
Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or the financial asset is transferred along with substantially all the risks and rewards of ownership of the asset to another party. Financial liabilities are derecognised only when the Company’s obligations are discharged, cancelled or expired.

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COMO LONG TERM INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.8

Financial instruments (continued)

The measurement of specific financial assets, financial liabilities, and equity held by the Company is as outlined below:

2.9

Debtors

Debtors, excluding deferred taxation assets (see note 2.6) are initially measured at transaction price (i.e fair value) and subsequently held, at transaction price less provision for impairment.

2.10

Cash and cash equivalents

Cash balances are reported by the Company as being financial instruments classified as short term receivables and are represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours and subject to an insignificant risk of changes in value. Cash balances are held at floating interest rates linked to UK bank rates.

2.11

Creditors

Creditors are initially measured and subsequently held at transaction price.
Other loans issued at commercial market rates are initially measured at transaction price net of transaction costs, where relevant (see note 2.8), and subsequently measured at amortised cost using the effective interest method with interest recognised on an effective yield basis.

2.12

Equity and dividends

Ordinary share capital, shown in equity, is initially measured and subsequently held at its nominal value. Where the transaction price for issued shares exceeds their nominal value, the difference is shown under equity in a share premium account with any directly attributable transaction costs associated with the issuing of said shares deducted from said share premium account.
Equity dividends are recognised in the reporting period in which they become legally payable.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the Company's accounting policies, the director is required to make judgments, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. Although the expected outcome of said estimates and assumptions will, by definition, seldom equal the related actual results; estimates and judgments made are continually re-evaluated and are based on historical experience as well as other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Critical judgments in applying the entity’s accounting policies
There are no critical judgments made in applying the entity's accounting policies.

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COMO LONG TERM INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

3.Judgments in applying accounting policies (continued)

Critical accounting estimates and assumptions
The estimates and assumptions that are considered as having a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial period are addressed below:
Assessment of indicators of impairment in fixed asset investments held

∙In his assessment, the director considers both externally available and internal sources of information, such as historic and expected market activity and cash flows.

Employees

The average monthly number of employees, including directors, during the period was 0.

5.	Fixed asset investments

		Unlisted investments
		£
	Cost
	Additions	749,247
	At 31 December 2025	749,247

Debtors

					2025
					£


	Falling due within one year
	Deferred taxation	12,569

7.	Cash and cash equivalents
		2025
		£

	Cash at bank and in hand	24,166

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COMO LONG TERM INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

8.	Creditors: Amounts falling due within one year
		2025
		£

	Trade creditors	50,000
	Other creditors	342,265
	Accruals and deferred income	3,685
		395,950

9.	Creditors: Amounts falling due after more than one year
		2025
		£

	Other loans	427,641

10.	Loans
	Analysis of the maturity of loans is given below:
		2025
		£




	Amounts falling due after more than 5 years
	Other loans	427,641

Amounts falling due after more than 5 years comprise of a loan facility of £7.5million of which £427,641 was utilised as at the balance sheet date. Utilised sums are repayable as a single lump sum payment on the earlier of 24 March 2033 or such other date as the Company and lender may agree to in writing.
Utilised sums incur interest at a fixed rate of 15% per annum whereas unutilised sums incur interest at a fixed rate of 0.25% per annum.

11.	Financial instruments

The Company held no financial instruments that would require specific disclosure under sections 11 or 12 of Financial Reporting Standard 102 and paragraph 36 of Schedule 1 to the Companies Act 2006.

12.	Related party transactions
	There were no related party transactions and/or period end balances to report in accordance with the UK Companies Act 2006 and Section 1A of Financial Reporting Standard 102 as part of these financial statements.

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COMO LONG TERM INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2025

13.	Controlling party

The Company was and continues to be under the control of its director.

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