REGISTERED NUMBER: 13811163 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

TOPRIVER ESTATES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Grunfeld

REGISTERED OFFICE:

115 Craven Park Road

London

London

N15 6BL

REGISTERED NUMBER:

13811163 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

4

2,385,000

2,385,000

CURRENT ASSETS

Debtors

5

408,505

391,175

Cash at bank

6,947

2,383

415,452

393,558

CREDITORS

Amounts falling due within one year

6

(290,613

)

(294,424

)

NET CURRENT ASSETS

124,839

99,134

TOTAL ASSETS LESS CURRENT LIABILITIES

2,509,839

2,484,134

CREDITORS

Amounts falling due after more than one year

7

(2,037,652

)

(2,037,609

)

PROVISIONS FOR LIABILITIES

(98,110

)

(98,110

)

NET ASSETS

374,077

348,415

CAPITAL AND RESERVES

Called up share capital

8

1

1

Revaluation reserve

9

516,368

516,368

Retained earnings

9

(142,292

)

(167,954

)

SHAREHOLDERS' FUNDS

374,077

348,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 11 September 2026 and were signed by:

S Grunfeld - Director

1.	STATUTORY INFORMATION

Topriver Estates 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents net rent receivable, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

2,385,000

NET BOOK VALUE

At 31 December 2025

2,385,000

At 31 December 2024

2,385,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2022

516,368

Cost

1,868,632

2,385,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

7,550

8,950

Other debtors

400,955

382,225

408,505

391,175

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Amounts owed to group undertakings

54,043

53,070

Other creditors

236,570

241,354

290,613

294,424

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

2,037,652

2,037,609

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

2,037,652

2,037,609

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

£

1

Ordinary

£1

1

1

9.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 January 2025

(167,954

)

516,368

348,414

Profit for the year

25,662

25,662

At 31 December 2025

(142,292

)

516,368

374,076

10.	RELATED PARTY DISCLOSURES

There are loan balances between the companies where Mr. S Grunfeld is appointed as common director/shareholder, the balance as at 31/12/2025 listed below:

A. Loan debtors:

1. Banday Management Ltd-£40,785

2. Castle N15 Ltd-£41

3. Fallow Close Ltd-£1,995

4. Great Builder Ltd-£102,050

5. Highriver Estates Ltd-£5,000

6. Mildmay High Ltd-£47,882

7. TWYL LTD-£21,942

8.YMSG Estates Ltd-£178,260

B. Loan creditors:

1. Y & S Management Ltd-£4,820

11.	ULTIMATE CONTROLLING PARTY

Topriver Ltd.