REGISTERED NUMBER: 03620334 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

CHURCHGATE INVESTMENTS (U.K.) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J E Billingham

SECRETARY:

D Billingham

REGISTERED OFFICE:

c/o BTMR Limited

Century Buildings

14 St. Mary's Parsonage

Manchester

M3 2DF

REGISTERED NUMBER:

03620334 (England and Wales)

ACCOUNTANTS:

BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

BANKERS:

Barclays Bank Plc

25 James Street

Harrogate

North Yorkshire

HG1 1QX

FIXED ASSETS

Tangible assets

4

754,778

755,448

CURRENT ASSETS

Debtors

5

188,590

212,237

Cash at bank

41,346

8,500

229,936

220,737

CREDITORS

Amounts falling due within one year

6

533,931

727,662

NET CURRENT LIABILITIES

(303,995

)

(506,925

)

TOTAL ASSETS LESS CURRENT LIABILITIES

450,783

248,523

CREDITORS

Amounts falling due after more than one year

7

210,000

-

NET ASSETS

240,783

248,523

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

240,779

248,519

SHAREHOLDERS' FUNDS

240,783

248,523

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 22 September 2026 and were signed by:

J E Billingham - Director

1.	STATUTORY INFORMATION

Churchgate Investments (U.K.) 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.

Turnover

Turnover is accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

Tangible fixed assets are initially recorded at cost.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Computer

leasehold

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

and 31 December 2025

750,978

29,935

1,382

782,295

DEPRECIATION

At 1 January 2025

-

25,465

1,382

26,847

Charge for year

-

670

-

670

At 31 December 2025

-

26,135

1,382

27,517

NET BOOK VALUE

At 31 December 2025

750,978

3,800

-

754,778

At 31 December 2024

750,978

4,470

-

755,448

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

33,364

22,905

Amounts owed by related parties

145,573

182,626

Other debtors

9,653

6,706

188,590

212,237

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

-

220,000

Trade creditors

3,021

396

Amounts owed to related parties

-

13,018

Taxation and social security

5,399

3,927

Other creditors

525,511

490,321

533,931

727,662

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

210,000

-

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

210,000

220,000

Bank loan balances are secured by a fixed charge over land owned by the company at 32 George Street Birmingham and floating charge over other assets of the company.

Additionally, bank debt is secured by way of a debenture in the bank's standard form. The company has also granted a cross guarantee in favour of monies owed to the bank by Churchgate Commercial Holdings Limited, Prosperity Wealth Secured Loan Note Limited, Prosperity Living Limited (formerly PDC Investments UK Limited) and Prosperity Wealth Group Limited, companies that are under common control and ownership.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Billingham by virtue of his 100% shareholding.