REGISTERED NUMBER: 00494114 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

COLBOURNE PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J S Fisher

Mr M L Fisher

Mrs S M Goldberg

SECRETARY:

Mrs L M Fisher

REGISTERED OFFICE:

55 Loudoun Road

St John's Wood

London

NW8 0DL

REGISTERED NUMBER:

00494114 (England and Wales)

ACCOUNTANTS:

mgr SD Limited

Chartered Accountants

55 Loudoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Investments

4

259,136

228,858

CURRENT ASSETS

Debtors

5

-

362

Cash at bank

721

1,715

721

2,077

CREDITORS

Amounts falling due within one year

6

(59,705

)

(91,026

)

NET CURRENT LIABILITIES

(58,984

)

(88,949

)

TOTAL ASSETS LESS CURRENT LIABILITIES

200,152

139,909

PROVISIONS FOR LIABILITIES

7

(45,154

)

(37,584

)

NET ASSETS

154,998

102,325

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Fair value reserve

9

153,827

131,118

Retained earnings

171

(29,793

)

SHAREHOLDERS' FUNDS

154,998

102,325

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 24 August 2026 and were signed on its behalf by:

Mr J S Fisher - Director

1.	STATUTORY INFORMATION

Colbourne Properties 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.

The accounts have been prepared on a going concern basis even though the company has net current liabilities of £93,984 (2025: £88,949). The validity of the going concern is dependent on the continuing support from the parent company. The directors believes that the going concern concept is applicable as the company will be able to meet its debt as and when they fall due.

Preparation of consolidated financial statements

The financial statements contain information about Colbourne Properties 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Income

Income represents dividends received from investments.

Listed investments

Listed investments are shown at market value at the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

Listed

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1 April 2025

14,030

214,828

228,858

Revaluations

-

30,278

30,278

At 31 March 2026

14,030

245,106

259,136

NET BOOK VALUE

At 31 March 2026

14,030

245,106

259,136

At 31 March 2025

14,030

214,828

228,858

Cost or valuation at 31 March 2026 is represented by:

Shares in

group

Listed

undertakings

investments

Totals

£

£

£

Valuation in 2018

-

39,965

39,965

Valuation in 2019

-

(15,354

)

(15,354

)

Valuation in 2020

-

(3,729

)

(3,729

)

Valuation in 2021

-

14,065

14,065

Valuation in 2022

-

21,522

21,522

Valuation in 2023

-

20,055

20,055

Valuation in 2024

-

35,082

35,082

Valuation in 2025

-

57,097

57,097

Valuation in 2026

-

30,278

30,278

Cost

14,030

46,125

60,155

14,030

245,106

259,136

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Portsea Properties Limited

Registered office: England

Nature of business: Property investment

%

Class of shares:

holding

900 Ordinary

100.00

100 5% Preference

100.00

31.3.26

31.3.25

£

£

Aggregate capital and reserves

160,772

133,558

Profit/(loss) for the year

27,214

(30,455

)

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Other debtors

-

362

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Amounts owed to group undertakings

56,455

87,775

Other creditors

3,250

3,251

59,705

91,026

7.	PROVISIONS FOR LIABILITIES

31.3.26

31.3.25

£

£

Deferred tax

45,154

37,584

Deferred

tax

£

Balance at 1 April 2025

37,584

Provided during year

7,570

Balance at 31 March 2026

45,154

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

£

1,000

Ordinary

£1

1,000

1,000

9.

RESERVES

Fair

value

reserve

£

At 1 April 2025

131,118

Revaluation of listed investments

30,279

Deferred tax

(7,570

)

At 31 March 2026

153,827

10.	RELATED PARTY DISCLOSURES

Included under creditors amounts owed to group undertakings are the following balances:

Shop & Office Properties Limited - £9,375 (debtor) (2025: £9,375 debtor)

J.D.F. Properties Limited - £111,330 (creditor) (2025: £92,150 creditor)

Portsea Properties Limited - £10,500 (debtor) (2025: £5,000 creditor)

11.	ULTIMATE CONTROLLING PARTY

The immediate controlling party is Shop & Office Properties Limited, a company incorporated and registered in England and Wales.

The ultimate controlling party is Shop & Office Properties Employee Benefit Trust, a trust registered in England and Wales.