REGISTERED NUMBER: 15557571 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2025 TO 30 NOVEMBER 2025

FOR

PENGE RESIDENTIAL LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

J Schreiber

REGISTERED OFFICE:

147 Stamford Hill

London

N16 5LG

REGISTERED NUMBER:

15557571 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

4

23,570,000

23,570,000

CURRENT ASSETS

Debtors

5

639,763

601,588

Cash at bank

277,831

11,577

917,594

613,165

CREDITORS

Amounts falling due within one year

6

(8,820,152

)

(8,515,894

)

NET CURRENT LIABILITIES

(7,902,558

)

(7,902,729

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,667,442

15,667,271

CAPITAL AND RESERVES

Called up share capital

7

100

100

Revaluation reserve

8

14,870,000

14,870,000

Retained earnings

8

797,342

797,171

SHAREHOLDERS' FUNDS

15,667,442

15,667,271

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 September 2026 and were signed by:

J Schreiber - Director

1.	STATUTORY INFORMATION

Penge Residential Limited 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.

Turnover

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

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 period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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 period was NIL (2025 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 30 November 2025

23,570,000

NET BOOK VALUE

At 30 November 2025

23,570,000

At 31 March 2025

23,570,000

Fair value at 30 November 2025 is represented by:

£

Valuation in 2024

14,870,000

**	TOTAL SHOWN ON CLIENT SCREEN - REVALUATION ANALYSIS - DOES NOT AGREE TO TOTAL OF FIXED ASSET 'COST' ACCOUNT HELD AT END OF YEAR IN RESPECT OF

INVESTMENT PROPERTY

'COST' ACCOUNT TOTAL

Cost/valuation b/f

23,570,000

23,570,000

CLIENT SCREEN TOTAL

=

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

31.3.25

£

£

Other debtors

639,763

601,588

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

31.3.25

£

£

Amounts owed to participating interests

8,816,512

8,514,094

Taxation and social security

40

-

Other creditors

3,600

1,800

8,820,152

8,515,894

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

31.3.25

value:

£

£

100

Ordinary

£1

100

100

8.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 April 2025

797,171

14,870,000

15,667,171

Profit for the period

171

171

At 30 November 2025

797,342

14,870,000

15,667,342