REGISTERED NUMBER: 10594617 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

CENTRE PROPERTY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Cosgrove

A Cosgrove

REGISTERED OFFICE:

29a High Street

West Wickham

Kent

BR4 0LP

REGISTERED NUMBER:

10594617 (England and Wales)

ACCOUNTANTS:

IGD Accounting Services Limited

29a High Street

West Wickham

Kent

BR4 0LP

FIXED ASSETS

Tangible assets

4

1,100,682

1,126,648

CURRENT ASSETS

Debtors

5

4,813

17,853

Cash at bank and in hand

15,820

14,660

20,633

32,513

CREDITORS

Amounts falling due within one year

6

359,514

353,758

NET CURRENT LIABILITIES

(338,881

)

(321,245

)

TOTAL ASSETS LESS CURRENT LIABILITIES

761,801

805,403

CREDITORS

Amounts falling due after more than one year

7

884,402

892,171

NET LIABILITIES

(122,601

)

(86,768

)

CAPITAL AND RESERVES

Called up share capital

160,100

160,100

Retained earnings

(282,701

)

(246,868

)

(122,601

)

(86,768

)

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 10 September 2026 and were signed on its behalf by:

M Cosgrove - Director

1.	STATUTORY INFORMATION

Centre Property 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2025

1,298,308

548

1,298,856

Disposals

-

(548

)

(548

)

At 31 March 2026

1,298,308

-

1,298,308

DEPRECIATION

At 1 April 2025

171,660

548

172,208

Charge for year

25,966

-

25,966

Eliminated on disposal

-

(548

)

(548

)

At 31 March 2026

197,626

-

197,626

NET BOOK VALUE

At 31 March 2026

1,100,682

-

1,100,682

At 31 March 2025

1,126,648

-

1,126,648

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

3,811

-

Other debtors

1,002

17,853

4,813

17,853

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Taxation and social security

-

17,698

Other creditors

359,514

336,060

359,514

353,758

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Bank loans

31,410

38,949

Other creditors

852,992

853,222

884,402

892,171

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

C House

Balance outstanding at start of year

-

54,932

Amounts repaid

-

(54,932

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-