REGISTERED NUMBER: 06431899 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Cornerstone Property Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M N Carr

D H Ward

REGISTERED OFFICE:

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

REGISTERED NUMBER:

06431899 (England and Wales)

ACCOUNTANTS:

Willsons

Chartered Accountants

Carlton House

High Street

Higham Ferrers

Northamptonshire

NN10 8BW

FIXED ASSETS

Tangible assets

4

29,507

39,343

Investments

5

3

3

Investment property

6

500,000

815,000

529,510

854,346

CURRENT ASSETS

Debtors

7

265,487

444,261

Cash at bank

132,284

109,354

397,771

553,615

CREDITORS

Amounts falling due within one year

8

419,591

319,075

NET CURRENT (LIABILITIES)/ASSETS

(21,820

)

234,540

TOTAL ASSETS LESS CURRENT LIABILITIES

507,690

1,088,886

CREDITORS

Amounts falling due after more than one year

9

-

(371,570

)

PROVISIONS FOR LIABILITIES

(25,651

)

(39,002

)

NET ASSETS

482,039

678,314

CAPITAL AND RESERVES

Called up share capital

11

8

8

Non-distributable reserve

12

156,475

249,540

Retained earnings

12

325,556

428,766

SHAREHOLDERS' FUNDS

482,039

678,314

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 17 August 2026 and were signed on its behalf by:

M N Carr - Director

1.	STATUTORY INFORMATION

Cornerstone Property Group Ltd 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.

Preparation of consolidated financial statements

The financial statements contain information about Cornerstone Property Group Ltd 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents the rental income due to the company for the period.

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

The Investment property is shown at fair value as valued by the directors at the balance sheet date. Any change in fair value is shown within the profit and loss account.

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.

The deferred tax liability on the balance sheet reflects the potential tax liability on the disposal of the investment properties at their fair value.

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.

Debtors and creditors receivable and payable within one year

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 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 April 2025

and 31 March 2026

72,985

DEPRECIATION

At 1 April 2025

33,642

Charge for year

9,836

At 31 March 2026

43,478

NET BOOK VALUE

At 31 March 2026

29,507

At 31 March 2025

39,343

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

3

NET BOOK VALUE

At 31 March 2026

3

At 31 March 2025

3

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

815,000

Disposals

(320,000

)

Revaluations

5,000

At 31 March 2026

500,000

NET BOOK VALUE

At 31 March 2026

500,000

At 31 March 2025

815,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

830

830

Amounts owed by group undertakings

12,679

7,716

Other debtors

250,008

430,008

Tax

-

1,587

Prepayments

1,970

4,120

265,487

444,261

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans and overdrafts

255,473

5,851

Trade creditors

28

70

Amounts owed to group undertakings

4,538

661

Other creditors

-

2,000

Directors' current accounts

156,642

307,290

Accrued expenses

2,910

3,203

419,591

319,075

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans - 2-5 years

-

371,570

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Bank loans

255,473

377,421

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

8

Ordinary

£1

8

8

12.

RESERVES

Retained

Non-distributable

earnings

reserve

Totals

£

£

£

At 1 April 2025

428,766

249,540

678,306

Deficit for the year

(49,875

)

-

(49,875

)

Dividends

(146,400

)

-

(146,400

)

Investment properties

93,065

(93,065

)

-

At 31 March 2026

325,556

156,475

482,031

The Non-distributable reserve reflects the fair value movements in investment properties, as adjusted for the deferred tax effect. The reserve is not available for distribution as dividends.