REGISTERED NUMBER: 05767090 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st March 2026

for

Calasparra Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Andrew Gordon Cartwright

Mr Mark James Cartwright

SECRETARY:

Mr Andrew Gordon Cartwright

REGISTERED OFFICE:

The Old Plough

Latteridge Road

Iron Acton

Bristol

BS37 9TW

REGISTERED NUMBER:

05767090 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Tangible assets

4

15,489

-

Investment property

5

4,202,500

4,100,000

4,217,989

4,100,000

CURRENT ASSETS

Debtors

6

216,348

373,174

Cash at bank

94,520

4,510

310,868

377,684

CREDITORS

Amounts falling due within one year

7

70,386

90,052

NET CURRENT ASSETS

240,482

287,632

TOTAL ASSETS LESS CURRENT LIABILITIES

4,458,471

4,387,632

CREDITORS

Amounts falling due after more than one year

8

(2,205,782

)

(2,198,493

)

PROVISIONS FOR LIABILITIES

(177,130

)

(182,983

)

NET ASSETS

2,075,559

2,006,156

CAPITAL AND RESERVES

Called up share capital

10

500,000

500,000

Share premium

11

1,031,649

1,031,649

Fair value reserve

11

(29,345

)

(137,698

)

Retained earnings

11

573,255

612,205

2,075,559

2,006,156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 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 3rd August 2026 and were signed on its behalf by:

Mr Mark James Cartwright - Director

1.	STATUTORY INFORMATION

Calasparra 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.

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.

The financial statements are presented in sterling (£), which is the functional currency of the company.

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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% 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 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.

Going concern

The financial statements have been prepared on a going concern basis. The directors have considered the company’s financial position and are satisfied that it will be able to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st April 2025

-

450

450

Additions

14,995

823

15,818

At 31st March 2026

14,995

1,273

16,268

DEPRECIATION

At 1st April 2025

-

450

450

Charge for year

312

17

329

At 31st March 2026

312

467

779

NET BOOK VALUE

At 31st March 2026

14,683

806

15,489

At 31st March 2025

-

-

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2025

4,100,000

Revaluations

102,500

At 31st March 2026

4,202,500

NET BOOK VALUE

At 31st March 2026

4,202,500

At 31st March 2025

4,100,000

Fair value at 31st March 2026 is represented by:

£

Valuation in 2022

351,931

Valuation in 2023

110,000

Valuation in 2024

35,000

Valuation in 2025

235,000

Valuation in 2026

102,500

Cost

3,368,069

4,202,500

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

31.3.26

31.3.25

£

£

Cost

3,368,069

3,368,069

Investment property was valued on an open market basis on 31st March 2026 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

750

925

Amounts owed by group undertakings

215,598

369,499

Prepayments and accrued income

-

2,750

216,348

373,174

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

5,000

5,000

Trade creditors

129

-

Social security and other taxes

239

317

Other creditors

-

4,039

Directors' current accounts

62,371

78,176

Accrued expenses

2,647

2,520

70,386

90,052

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 1-2 years

5,000

5,000

Bank loans - 2-5 years

11,250

15,000

Bank loans more 5 yr by instal

2,189,532

2,178,493

2,205,782

2,198,493

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,189,532

2,178,493

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Mortgages

2,189,532

2,177,240

The mortgages are secured against the investment properties held by the company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

144,000 Ordinary A each with a nominal value of £1

125,000 Ordinary B each with a nominal value of £1

125,000 Ordinary C each with a nominal value of £1

106,000 Ordinary D each with a nominal value of £1

11.

RESERVES

Fair

Retained

Share

value

earnings

premium

reserve

Totals

£

£

£

£

At 1st April 2025

612,205

1,031,649

(137,698

)

1,506,156

Profit for the year

128,903

128,903

Dividends

(59,500

)

(59,500

)

Assets revalued in period

(108,353

)

-

108,353

-

At 31st March 2026

573,255

1,031,649

(29,345

)

1,575,559

12.	CONTINGENT LIABILITIES

The company had no contingent liabilities at the balance sheet date.

13.	RELATED PARTY DISCLOSURES

At the year end, the company was owed amounts by related companies as follows:

-Cartwright Developments Limited: £215,598 (2025: £369,499)

-Calasparra Retail Limited: £0 (2025: £(2,566))

These balances are unsecured, interest-free and repayable on demand.

At the year end, the company owed £62,371 to the directors (2025: £78,176).

14.	POST BALANCE SHEET EVENTS

There have been no material events after the balance sheet date requiring disclosure or adjustment to the financial statements.