Cobol Property Investments Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08382471

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		937		1,248
Investment Properties	5		2,462,249		2,503,249

			2,463,186		2,504,497
CURRENT ASSETS
Debtors	6	3,164		3,012
Cash at bank and in hand		126,154		78,339

		129,318		81,351
Creditors: Amounts Falling Due Within One Year	7	(943,675 )		(1,038,417 )

NET CURRENT ASSETS (LIABILITIES)			(814,357 )		(957,066 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,648,829		1,547,431

Creditors: Amounts Falling Due After More Than One Year	8		(392,608 )		(370,125 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(165,692 )		(156,780 )

NET ASSETS			1,090,529		1,020,526

CAPITAL AND RESERVES
Called up share capital	9		100		100
Fair value reserve	10		840,962		802,717
Profit and Loss Account			249,467		217,709

SHAREHOLDERS' FUNDS			1,090,529		1,020,526

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Cobol Property Investments Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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

Mr S J Walker

Director

23rd September 2026

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

1. General Information

Cobol Property Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08382471 . The registered office is 1 Princes Court, Royal Way, Loughborough, Leicestershire, LE11 5XR.

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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes rents receivable, and is reduced for estimated customer returns, rebates and other similar allowances.

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:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and loss account.

2.5. Taxation

Taxation expense represents the sum of the tax currently payable and deferred tax.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences to the extent that it is considered a net liability may crystallise.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

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Cobol Property Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Total
	£	£	£
Cost or Valuation
As at 1 April 2025	1,296	2,650	3,946

As at 31 March 2026	1,296	2,650	3,946

Depreciation
As at 1 April 2025	1,166	1,532	2,698
Provided during the period	32	279	311

As at 31 March 2026	1,198	1,811	3,009

Net Book Value
As at 31 March 2026	98	839	937

As at 1 April 2025	130	1,118	1,248

5. Investment Property

	2026
	£
Fair Value
As at 1 April 2025	2,503,249
Disposals	(126,000 )
Revaluations	85,000

As at 31 March 2026	2,462,249

If investment property had been accounted for under historical cost accounting rules, the amounts would be:

	2026	2025
	£	£
Cost	1,543,822	1,632,038

6. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	3,164	3,012

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Cobol Property Investments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	6,852	3,055
Corporation tax	20,737	18,406
Other creditors	-	420
Accruals and deferred income	1,400	1,350
Intercompany Loan - Cobol Ltd	914,686	1,015,186

	943,675	1,038,417

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

	2026	2025
	£	£
Bank loans	392,608	370,125

Bank loans are secured with Handelsbanken, by various charges over the investment properties.

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

10. Reserves

	Fair value reserve	Profit and Loss Account
	£	£
As at 1 April 2025	802,717	217,709
Profit for the year and total comprehensive income	-	141,091

Dividends paid	-	(32,583)
Transfer to/from Fair value reserve	-	(76,750)
Transfer to/from Profit & Loss Account	38,245	-

As at 31 March 2026	840,962	249,467

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