REGISTERED NUMBER: 02375796 (England and Wales)

Unaudited Financial Statements

For The Year Ended 24 March 2026

for

IVERNA COURT FREEHOLD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Di Prospero

M Fragoso

A Myron

D G Bradshaw

Ms A Verzindzher

REGISTERED OFFICE:

Fourth Floor

20 Red Lion Street

London

WC1R 4PS

REGISTERED NUMBER:

02375796 (England and Wales)

ACCOUNTANTS:

LBCo Ltd

T/A Lees-Buckley & Co

16 Northfields Prospect

Putney Bridge Road

London

SW18 1PE

FIXED ASSETS

Investment property

4

500,000

250,000

CURRENT ASSETS

Debtors

5

137

533

Cash at bank and in hand

19,179

18,834

19,316

19,367

CREDITORS

Amounts falling due within one year

6

1,277

947

NET CURRENT ASSETS

18,039

18,420

TOTAL ASSETS LESS CURRENT LIABILITIES

518,039

268,420

CREDITORS

Amounts falling due after more than one year

7

(50,595

)

(29,232

)

PROVISIONS FOR LIABILITIES

8

(84,227

)

(25,632

)

NET ASSETS

383,217

213,556

CAPITAL AND RESERVES

Called up share capital

9

30

30

Share premium

10

29,000

29,000

Non distributable reserves

10

351,934

184,526

Retained earnings

10

2,253

-

SHAREHOLDERS' FUNDS

383,217

213,556

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 9 October 2026 and were signed on its behalf by:

A Myron - Director

1.	STATUTORY INFORMATION

Iverna Court Freehold 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 as modified by the revaluation of certain assets.

Property valuation

The freehold investment property was valued on 17 August 2026 by the directors and the revaluation surplus of £436,160 net of the deferred tax provision of £84,227 credited to non distributable reserves.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 25 March 2025

250,000

Additions

23,997

Revaluations

226,003

At 24 March 2026

500,000

NET BOOK VALUE

At 24 March 2026

500,000

At 24 March 2025

250,000

The company owns the freehold reversionary interest in 1-27 Iverna Court, London W8, subject to long leases granted to the members of the company, which is stated at valuation.

In the opinion of the directors there was no material difference between the book and fair value of the property at 24th March 2026.

Fair value at 24 March 2026 is represented by:

£

Valuation in 2008

210,158

Valuation in 2026

226,003

Cost

63,839

500,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

24.3.26

24.3.25

£

£

Prepayments

137

533

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

24.3.26

24.3.25

£

£

Accrued expenses

1,277

947

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

24.3.26

24.3.25

£

£

Shareholders' interest free

loans

50,595

29,232

50,595

29,232

8.	PROVISIONS FOR LIABILITIES

24.3.26

24.3.25

£

£

Deferred tax

84,227

25,632

Deferred

tax

£

Balance at 25 March 2025

25,632

Provided during year

58,595

Balance at 24 March 2026

84,227

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

24.3.26

24.3.25

value:

£

£

30

Ordinary

£1

30

30

10.

RESERVES

Non

Retained

Share

distributable

earnings

premium

reserves

Totals

£

£

£

£

At 25 March 2025

-

29,000

184,526

213,526

Profit for the year

169,661

169,661

Transfer

(167,408

)

-

167,408

-

At 24 March 2026

2,253

29,000

351,934

383,187