REGISTERED NUMBER: 09888362 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

FIRST CHARTERHOUSE VAT LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

1,240

2,024

Investment property

5

700,000

800,000

701,240

802,024

CURRENT ASSETS

Debtors

6

2,300

1,519

Cash at bank

14,203

14,741

16,503

16,260

CREDITORS

Amounts falling due within one year

7

724,251

739,995

NET CURRENT LIABILITIES

(707,748

)

(723,735

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(6,508

)

78,289

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

(100,000

)

-

Retained earnings

93,491

78,288

SHAREHOLDERS' FUNDS

(6,508

)

78,289

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 VAT 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:

09888362

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.

Tangible fixed assets

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.

Computer Equipment

- 3 Years Straight Line

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 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.

3.

EMPLOYEES

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

2,350

DEPRECIATION

At 1 April 2025

326

Charge for year

784

At 31 March 2026

1,110

NET BOOK VALUE

At 31 March 2026

1,240

At 31 March 2025

2,024

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

800,000

Revaluations

(100,000

)

At 31 March 2026

700,000

NET BOOK VALUE

At 31 March 2026

700,000

At 31 March 2025

800,000

The investment property is subject to a cross guarantee against loans by other group companies.

If investment properties had not been revalued, they would have been included at the historical cost £961,081 (2025: £961,081).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

2,300

-

Other debtors

-

1,519

2,300

1,519

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed to group undertakings

703,493

693,493

Taxation and social security

8,483

31,990

Other creditors

12,275

14,512

724,251

739,995

8.	ULTIMATE CONTROLLING PARTY

The controlling party is First Charterhouse Group Limited, registered office 15 West Street, Brighton, East Sussex, England, BN1 2RL.