COMPANY REGISTRATION NUMBER:
13312981
|
Filleted Financial Statements |
|
|
Statement of Financial Position |
|
31 December 2025
Fixed assets
Current assets
|
Debtors |
6 |
762,270 |
776,309 |
|
Cash at bank and in hand |
5,184 |
343 |
|
--------- |
--------- |
|
767,454 |
776,652 |
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
266,138 |
224,376 |
|
--------- |
--------- |
|
Net current assets |
501,316 |
552,276 |
|
--------- |
--------- |
|
Total assets less current liabilities |
501,317 |
552,277 |
|
--------- |
--------- |
|
Net assets |
501,317 |
552,277 |
|
--------- |
--------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
100 |
100 |
|
Profit and loss account |
501,217 |
552,177 |
|
--------- |
--------- |
|
Shareholders funds |
501,317 |
552,277 |
|
--------- |
--------- |
|
|
|
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the
board of directors
and authorised for issue on
25 August 2026
, and are signed on behalf of the board by:
|
R Pankhania |
S Ladwa |
|
Director |
Director |
|
|
Company registration number:
13312981
|
Notes to the Financial Statements |
|
Year ended 31 December 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 173 Cleveland Street, London, W1T 6QR. The trading address of the company is Stanmore House, 15-19 Church Road, Stanmore, Middlesex, HA7 4AR.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The directors' believe that due to the availability of reserves, there are no material uncertainties about the company's ability to continue for at least the next 12 months from the date of this report.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises of proceeds from property sales, rental income, and other fees receivable and is stated net of value added tax where appropriate. Revenue relating to property sales is recognised when legally binding contracts which are irrevocable and effectively unconditional are exchanged and, when completion has taken place prior to the date on which the financial statements are approved.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2024:
2
).
5.
Investments
|
Shares in group undertakings |
|
£ |
|
Cost |
|
|
At 1 January 2025 and 31 December 2025 |
1 |
|
---- |
|
Impairment |
|
|
At 1 January 2025 and 31 December 2025 |
– |
|
---- |
|
|
|
Carrying amount |
|
|
At 31 December 2025 |
1 |
|
---- |
|
At 31 December 2024 |
1 |
|
---- |
|
|
The company holds 1 ordinary share in Carmelite Management Limited, being 100% of the total issued share capital. Carmelite Management Limited is registered in England and Wales and was incorporated on 5 May 2022.
6.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
762,270 |
776,309 |
|
--------- |
--------- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
172,213 |
36,148 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
1 |
– |
|
Other creditors |
93,924 |
188,228 |
|
--------- |
--------- |
|
266,138 |
224,376 |
|
--------- |
--------- |
|
|
|
8.
Summary audit opinion
The auditor's report dated
25 August 2026
was
unqualified
.
The senior statutory auditor was
Shammir Shah
, for and on behalf of
Chamberlains UK LLP
.
9.
Related party transactions
As the company is a wholly owned subsidiary of Jaspar Holdings Limited, the company has taken advantage of the exemption afforded by FRS 102 not to disclose transactions or balances with other wholly owned members of the group.
10.
Controlling party
The company is a wholly owned subsidiary of
Jaspar Holdings Limited
, a company registered in England and Wales, The registered office address of Jaspar Holdings Limited is 173 Cleveland Street, London, W1T 6QR
and the principal place of business of Jaspar Holdings Limited is Stanmore House, 15-19 Church Road, Stanmore, Middlesex, HA7 4AR. These financial statements will be consolidated in the financial statements of Jaspar Holdings Limited, which is the only group in which the results of the company are consolidated.