C.Tsangarides & Co.Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 00831767

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		24,659,727		26,509,370

			24,659,727		26,509,370
CURRENT ASSETS
Stocks	5	10,000		5,100
Debtors	6	35,486		30,883
Cash at bank and in hand		1,649,566		1,811,076

		1,695,052		1,847,059
Creditors: Amounts Falling Due Within One Year	7	(275,514 )		(339,462 )

NET CURRENT ASSETS (LIABILITIES)			1,419,538		1,507,597

TOTAL ASSETS LESS CURRENT LIABILITIES			26,079,265		28,016,967

PROVISIONS FOR LIABILITIES
Deferred Taxation			(5,425,092 )		(3,738,678 )

NET ASSETS			20,654,173		24,278,289

CAPITAL AND RESERVES
Called up share capital	9		2,621,000		2,621,000
Revaluation reserve			15,536,001		19,029,009
Profit and Loss Account			2,497,172		2,628,280

SHAREHOLDERS' FUNDS			20,654,173		24,278,289

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C.Tsangarides & Co.Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The directors acknowledge their 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

A Tsangarides Director	M Tsangarides Director
22 September 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

C.Tsangarides & Co.Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00831767 . The registered office is Global House, 303 Ballards Lane, London, N12 8NP.

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 represents sales of services net of VAT and trade discounts. Turnover is recognised when the

services are provided to the customer.

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:

Freehold	Building only over 100 years on building
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	25% on reducing balance

Land and building held and used in the Company's own activities for production and supply of goods or for administration purposes are stated in the statement of financial position at their revalued amounts.

Revaluations are carried out regularly so that the carrying amounts do not materially differ from using the fair value at the date of the statement of financial position.

Any revaluation increase or decrease on land and buildings is credited to the property revaluation reserve.

Depreciation on cost of buildings is charged to profit and loss. Depreciation on the revaluation amount on buildings is charged to the revaluation reserve, so as to write off their value less residual value, over their estimated useful life, using the straight line method.

Once the property is sold or retired any attributable revaluation surplus that is remaining in the property revaluation reserve is transferred to retained earnings. No transfer is made from the revaluation reserve to retained earnings unless an asset is derecognised.

2.4. Stocks and Work in Progress

Stock is valued at the lower of cost and net realisable value. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

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C.Tsangarides & Co.Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 20 (2024: 21)

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost or Valuation
As at 1 January 2025	28,600,000	54,130	621,026	13,018	29,288,174
Revaluation	(1,560,400 )	-	-	-	(1,560,400 )

As at 31 December 2025	27,039,600	54,130	621,026	13,018	27,727,774

Depreciation
As at 1 January 2025	2,103,600	45,419	617,858	11,927	2,778,804
Provided during the period	286,000	2,178	792	273	289,243

As at 31 December 2025	2,389,600	47,597	618,650	12,200	3,068,047

Net Book Value
As at 31 December 2025	24,650,000	6,533	2,376	818	24,659,727

As at 1 January 2025	26,496,400	8,711	3,168	1,091	26,509,370

Cost or valuation at 31 December 2025 is represented by:

	Land and Buildings	Fixtures and fittings	Motor Vehicles	Computer equipment	Totals
	£	£	£	£	£
Valuation in 2025	(1,560,400)	-	-	-	(3,950,000)
Valuation in 2018	18,440,000	1,796	-	-	18,441,796
Valuation in 2014	1,160,000	-	-	-	1,160,000
Valuation in 2012	4,840,864	-	-	-	4,840,864
Valuation in 1988	1,050,176	-	-	-	1,050,176
Valuation in 1985	150,145	-	-	-	150,145
Cost	2,958,815	619,230	54,130	13,018	3,645,193
	27,039,600	621,026	54,130	13,018	25,338,174

If the properties had not been revalued they would have been included at the following historical cost:

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C.Tsangarides & Co.Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

	2025	2024
	£	£
Cost	2,958,815	2,958,815

The properties were valued on an open market basis on 20th March 2026 by Sloan Property Services Limited.

5. Stocks

	2025	2024
	£	£
Stock	10,000	5,100

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	12,643	16,168
Other debtors	22,843	14,715

	35,486	30,883

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	71,835	20,933
Other creditors	60,555	110,502
Taxation and social security	143,124	208,027

	275,514	339,462

8. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 1 January 2025	3,738,678	3,738,678
Additions	1,686,414	1,686,414

Balance at 31 December 2025	5,425,092	5,425,092

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C.Tsangarides & Co.Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

9. Share Capital

	2025	2024
Allotted, called up but not fully paid	£	£
1,000 Ordinary Shares of £ 1.00 each	1,000	1,000
2,620,000 Ordinary A shares of £ 1.00 each	2,620,000	2,620,000

	2,621,000	2,621,000

10. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	168,000	168,000

11. Ultimate Controlling Party

The directors control the company by virtue of their direct interest in the whole of the issued share capital.

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