ACCOUNTS - Final Accounts preparation

Registered number: 07662561

IVES STREET DEVELOPMENTS FOUR LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

IVES STREET DEVELOPMENTS FOUR LIMITED

REGISTERED NUMBER: 07662561

BALANCE SHEET

AS AT 31 DECEMBER 2025


	2025	2024
Note	£	£

Fixed assets
Investment property	4		2,750,000		2,750,000
			2,750,000		2,750,000
Current assets
Debtors: amounts falling due within one year	5	2,060		35,256
Cash at bank	6	265,238		114,482
		267,298		149,738
Creditors: amounts falling due within one year	7	(2,822,358)		(2,729,028)
Net current liabilities			(2,555,060)		(2,579,290)
Total assets less current liabilities			194,940		170,710

Net assets			194,940		170,710

Capital and reserves
Called up share capital	8	4	4
Profit and loss account		194,936	170,706
		194,940	170,710

IVES STREET DEVELOPMENTS FOUR LIMITED

REGISTERED NUMBER: 07662561

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2025

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

N J Price

Director

Date: 21 September 2026

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

IVES STREET DEVELOPMENTS FOUR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Ives Street Developments Four Limited is a private company, limited by shares, registered in England and Wales, registration number 07662561. The registered office address is 25 Ives Street, London, SW3 2ND.

The company is a property investment and development company. Properties are purchased with the intention that they will be held for their investment potential.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of the Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Functional and presentation currency

The company's functional and presentational currency is pound sterling.

2.3

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents rental income which is recognised when it is probable the company will receive the rights to the consideration due under the contract and originates wholly from the United Kingdom.

2.4

Interest income

Interest income is recognised in the profit and loss account using the effective interest method.

2.5

Finance costs

Finance costs are charged to profit and loss account over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount.

2.6

Investment property

Investment property is carried at fair value determined annually by the directors 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. Changes in fair value are recognised in profit or loss.

2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

IVES STREET DEVELOPMENTS FOUR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.8

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.10

Financial instruments

The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors, trade and other creditors, and loan with related parties.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

4.	Investment property

		Investment property
		£
	Valuation
	At 1 January 2025	2,750,000
	At 31 December 2025	2,750,000

The 2025 valuations were made by directors, on an open market value basis.

IVES STREET DEVELOPMENTS FOUR LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Debtors

					2025	2024
					£	£


Trade debtors	-	34,500
Other debtors	4	3
Prepayments and accrued income	2,056	753
	2,060	35,256

6.	Cash
		2025	2024
		£	£

	Cash at bank	265,238	114,482

7.	Creditors: amounts falling due within one year
		2025	2024
		£	£

Trade creditors	8,876	1,470
Other taxation	6,620	8,085
Other creditors	2,781,842	2,694,473
Accruals and deferred income	25,020	25,000
	2,822,358	2,729,028

HSBC Private Bank (UK) Limited holds a charge over the assets of the company in respect of a loan facility made available to the company. As at the balance sheet date, no amounts were drawn under this facility.

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

400 (2024 - 400) Ordinary shares of £0.01 each	4	4