Steadfast Property Investors Ltd

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 09904770

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,075		439
Investment Properties	5		1,677,484		1,660,875

			1,678,559		1,661,314
CURRENT ASSETS
Debtors	6	757		1,878
Cash at bank and in hand		26,822		35,163

		27,579		37,041
Creditors: Amounts Falling Due Within One Year	7	(366,768 )		(395,063 )

NET CURRENT ASSETS (LIABILITIES)			(339,189 )		(358,022 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,339,370		1,303,292

Creditors: Amounts Falling Due After More Than One Year	8		(845,024 )		(845,024 )

NET ASSETS			494,346		458,268

CAPITAL AND RESERVES
Called up share capital	9		20		20
Income Statement			494,326		458,248

SHAREHOLDERS' FUNDS			494,346		458,268

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Steadfast Property Investors Ltd

Statement of Financial Position (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 Income Statement.

On behalf of the board

Mr James Maidwell

Director

25/09/2026

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

1. General Information

Steadfast Property Investors Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09904770 . The registered office is 85 Wellesley Road, Ilford, IG1 4LJ.

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.

The accounts are presented in £ sterling.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

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:

Fixtures & Fittings

20% straightline

2.4. Investment Properties

All investment properties are carried at fair value determined annually and based on an assessment by the directors and adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.

2.5. Taxation

Taxation expense for the year represents current tax recognised in the reporting period and is recognised in the statement of income and retained earnings. Current tax is the amount of income tax payable in respect of taxable profit for the year. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the year end. Current taxation assets and liabilities are not discounted.

Deferred tax assets are recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax assets and liabilities are measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply in the periods in which any timing differences are expected to reverse. Deferred tax assets and liabilities are not discounted. No deferred tax asset has been recognised for the current or previous year.

2.6. Property Deposits

Deposits received from tenants are held by Deposit Protection Scheme and not by the company.

2.7. Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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Steadfast Property Investors Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.8. Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the

effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost or Valuation
As at 1 January 2025	12,826
Additions	937

As at 31 December 2025	13,763

Depreciation
As at 1 January 2025	12,387
Provided during the period	301

As at 31 December 2025	12,688

Net Book Value
As at 31 December 2025	1,075

As at 1 January 2025	439

5. Investment Property

	2025
	£
Fair Value
As at 1 January 2025	1,660,875
Fair value adjustments	16,609

As at 31 December 2025	1,677,484

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	757	1,878

Other debtors above includes prepaid expenses of £757 (2024: £800).

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Steadfast Property Investors Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	43	41
Other creditors	361,311	392,031
Taxation and social security	5,414	2,991

	366,768	395,063

Other creditors above includes £358,617 owed to the directors (2024: £389,754) and £2,694 accrued expenses (2024: £2,277).

Amounts owed to the Directors are unsecured, interest-free and have no fixed terms of repayment.

Amounts due within 12 months in respect of mortgage repayments are reflected below:

Buckswood - £18,285 (2024: £18,285)
Lavant - £9,909 (2024: £9,909)
Walnut - £8,765 (2024: £8,875)

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	845,024	845,024

Long-term creditors comprise of mortgage finance secured over three freehold properties.

The mortgages are interest-only with no capital repayments and have a variable interest rate. As at 31 December 2025 the interest rates were as follows:

Buckswood - 5.99%
Lavant - 3.44%
Walnut - 3.44%

The remaining terms on the properties are:

Buckswood - 17 years
Lavant - 16 years
Walnut - 16 years

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	20	20

10. Related Party Transactions

The balance of £358,617 (2024: £389,754) in loans from Directors comprises £62,204 (2024: £79,892) owed to Mr J Maidwell and £296,413 (2024: £309,862) owed to Ms M van den Berg. Amounts owed to the Directors are unsecured, interest-free and have no fixed terms of repayment.

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