Cromore Property Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13996920

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		13,439		16,798
Investment Properties	5		465,000		465,000

			478,439		481,798
CURRENT ASSETS
Debtors	6	2,042		692
Cash at bank and in hand		65		5,497

		2,107		6,189
Creditors: Amounts Falling Due Within One Year	7	(3,048 )		(1,500 )

NET CURRENT ASSETS (LIABILITIES)			(941 )		4,689

TOTAL ASSETS LESS CURRENT LIABILITIES			477,498		486,487

Creditors: Amounts Falling Due After More Than One Year	8		(553,074 )		(539,321 )

NET LIABILITIES			(75,576 )		(52,834 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Fair value reserve	11		(11,902 )		(11,902 )
Profit and Loss Account			(63,774 )		(41,032 )

SHAREHOLDERS' FUNDS			(75,576)		(52,834)

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Cromore Property Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr A Kunkler

Director

11 September 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Cromore Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13996920 . The registered office is 167-169 Great Portland Street, 5th Floor, London, W1W 5PF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rental of investment property.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

20% Reducing Balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, excluding directors who are not employees under a contract of service, during the year was: NIL (2025: NIL)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 April 2025	28,977

As at 31 March 2026	28,977

Depreciation
As at 1 April 2025	12,179
Provided during the period	3,359

As at 31 March 2026	15,538

...CONTINUED

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Cromore Property Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Net Book Value
As at 31 March 2026	13,439

As at 1 April 2025	16,798

5. Investment Property

	2026
	£
Fair Value
As at 1 April 2025 and 31 March 2026	465,000

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2026	2025
	£	£
Cost	476,902	476,902

Investment Property was valued on an open market basis as at the Balance Sheet date by the Director.

6. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	2,042	692

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Accruals and deferred income	3,048	1,500

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	319,530	322,998
Director's loan account	233,544	216,323

	553,074	539,321

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Cromore Property Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

9. Secured Creditors

Of the creditors the following amounts are secured.

The bank loans are secured against investment property.

	2026		2025
	£		£
Bank loans and overdrafts	319,530		322,998

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

11. Reserves

	Fair value reserve	Profit and Loss Account
	£	£
As at 1 April 2025	(11,902 )	(41,032 )
Loss for the year and total comprehensive income	-	(22,742 )

As at 31 March 2026	(11,902 )	(63,774 )

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