ACCOUNTS - Final Accounts preparation

Staff costs, including director's remuneration, were as follows:

Registered number: 02057503

CHINATOWN PROPERTIES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2026

CHINATOWN PROPERTIES LIMITED

REGISTERED NUMBER: 02057503

BALANCE SHEET

AS AT 31 JANUARY 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		1,214		1,518
Investment property	5		4,700,000		4,700,000
			4,701,214		4,701,518
Current assets
Debtors: amounts falling due within one year	6	57,108		3,877
Cash at bank and in hand	7	1,728,688		1,682,209
		1,785,796		1,686,086
Creditors: amounts falling due within one year	8	(67,003)		(85,036)
Net current assets			1,718,793		1,601,050
Total assets less current liabilities			6,420,007		6,302,568
Provisions for liabilities
Deferred tax	9	(550,000)		(550,000)
			(550,000)		(550,000)
Net assets			5,870,007		5,752,568

Capital and reserves
Called up share capital		100	100
Profit and loss account	10	5,869,907	5,752,468
		5,870,007	5,752,568

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 year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

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CHINATOWN PROPERTIES LIMITED

REGISTERED NUMBER: 02057503

BALANCE SHEET (CONTINUED)

AS AT 31 JANUARY 2026

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 profit and loss account 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:

L M Cheung

Director

Date: 12 August 2026

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

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CHINATOWN PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

1.	General information

Chinatown Properties Limited is a private company, limited by shares, registered in England and Wales. The address of the company's registered office is Ground Floor, 45 Pall Mall, London, SW1Y 5JG.

The company's principal activity is that of property investment.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

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CHINATOWN PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

2.Accounting policies (continued)

2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

2.5

Investment property

Investment property is carried at fair value determined annually by the director, as informed by professional valuers periodically. No depreciation is provided. Changes in fair value are recognised in profit or loss

Wages and salaries	120,000	120,000
Social security costs	865	847
Cost of defined contribution scheme	1,313	1,313
	122,178	122,160

The average monthly number of employees, including directors, during the year was 2 (2025 - 2).

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CHINATOWN PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

4.	Tangible fixed assets

	Fixtures and fittings	Office equipment	Computer equipment	Total
	£	£	£	£
Cost or valuation
At 1 February 2025	397	1,434	886	2,717
At 31 January 2026	397	1,434	886	2,717
Depreciation
At 1 February 2025	66	700	433	1,199
Charge for the year on owned assets	67	146	91	304
At 31 January 2026	133	846	524	1,503
Net book value
At 31 January 2026	264	588	362	1,214
At 31 January 2025	331	734	453	1,518

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CHINATOWN PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

5.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 February 2025	4,700,000
	At 31 January 2026	4,700,000

The 2026 valuations were made by the director advised by professional valuers, on an open market value basis.

If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:
	2026	2025
	£	£

	Historic cost	870,321	870,321
		870,321	870,321

6.	Debtors: Amounts falling due within one year

					2026	2025
					£	£


Trade debtors	-	255
Other debtors	116	1,658
Prepayments and accrued income	56,992	1,964
	57,108	3,877

7.	Cash and cash equivalents
		2026	2025
		£	£

Cash at bank and in hand	1,728,688	1,682,209
	1,728,688	1,682,209

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CHINATOWN PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

8.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Trade creditors	156	148
Corporation tax	39,212	31,855
Other creditors	282	886
Accruals and deferred income	27,353	52,147
	67,003	85,036

9.	Deferred taxation

		2026
		£

	At beginning of year	(550,000)
	At end of year	(550,000)

The provision for deferred taxation is made up as follows:
	2026	2025
	£	£

	Revaluation of investment property	(550,000)	(550,000)
		(550,000)	(550,000)

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CHINATOWN PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

10.	Profit and loss reserves

The profit and loss reserve account is made up as follows:

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