REGISTERED NUMBER: 01983002 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

FIRST CHARTERHOUSE INVESTMENTS

LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

41,751

17,389

Investments

5

1,411,058

1,411,058

Investment property

6

10,830,285

8,950,702

12,283,094

10,379,149

CURRENT ASSETS

Stocks

7,308,786

7,263,035

Debtors

7

3,326,257

4,290,195

Cash at bank and in hand

1,105,073

1,590,370

11,740,116

13,143,600

CREDITORS

Amounts falling due within one year

8

1,063,751

613,530

NET CURRENT ASSETS

10,676,365

12,530,070

TOTAL ASSETS LESS CURRENT LIABILITIES

22,959,459

22,909,219

CREDITORS

Amounts falling due after more than one year

9

(3,717,361

)

(3,738,950

)

PROVISIONS FOR LIABILITIES

(810,591

)

(846,494

)

NET ASSETS

18,431,507

18,323,775

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Fair value reserve

3,330,986

3,436,796

Retained earnings

15,090,521

14,876,979

18,431,507

18,323,775

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 26 August 2026 and were signed on its behalf by:

A Bhimji - Director

1.	STATUTORY INFORMATION

First Charterhouse Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01983002

Registered office:

15 West Street

Brighton

East Sussex

BN1 2RL

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 First Charterhouse Investments 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on reducing balance

Fixtures, fittings and equipment

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Investments in subsidiaries and associates

Investments in subsidiary and associate undertakings are recognised at cost.

Investment property

Investment property is shown at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement and then transferred to the fair value reserve.

Stocks

Stocks comprise of development properties and are valued at the lower of cost and estimated selling price.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Computer

and

Motor

equipment

equipment

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

8,551

1,705

54,390

64,646

Additions

4,638

-

31,163

35,801

At 31 March 2026

13,189

1,705

85,553

100,447

DEPRECIATION

At 1 April 2025

5,675

596

40,986

47,257

Charge for year

1,485

111

9,843

11,439

At 31 March 2026

7,160

707

50,829

58,696

NET BOOK VALUE

At 31 March 2026

6,029

998

34,724

41,751

At 31 March 2025

2,876

1,109

13,404

17,389

5.	FIXED ASSET INVESTMENTS

Shares in

Interest

group

in

undertakings

associate

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

1,122,392

288,666

1,411,058

NET BOOK VALUE

At 31 March 2026

1,122,392

288,666

1,411,058

At 31 March 2025

1,122,392

288,666

1,411,058

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

8,950,702

Additions

2,021,296

Revaluations

(141,713

)

At 31 March 2026

10,830,285

NET BOOK VALUE

At 31 March 2026

10,830,285

At 31 March 2025

8,950,702

If investment properties had not been revalued, they would have been included at the historical cost £6,884,265 (2025: £4,862,969).

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed by group undertakings

3,084,131

4,237,687

Other debtors

242,126

52,508

3,326,257

4,290,195

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

153,199

153,199

Trade creditors

32,229

13,999

Amounts owed to group undertakings

49,958

49,958

Taxation and social security

179,935

44,784

Other creditors

648,430

351,590

1,063,751

613,530

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

1,988,824

2,246,676

Other creditors

1,728,537

1,492,274

3,717,361

3,738,950

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans repayable in more than 5 years

1,988,824

2,246,676

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

2,142,023

2,399,875

The bank loans and overdrafts are secured by fixed and floating charges over the properties and assets owned by the company and a charge over a property owned by the director.