Demetriou Property & Asset Management Limited

Demetriou Property & Asset Management Limited
Contents Page
For the year ended 31 July 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Demetriou Property & Asset Management Limited Accountants' Report For the year ended 31 July 2026
Accountants report You consider that the company is exempt from an audit for the year ended 31 July 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. .................................................... Roxy Laing Limited 15 Hearle Way Hatfield Hertfordshire AL10 9EW 09 October 2026 1

Demetriou Property & Asset Management Limited
Accountants' Report
For the year ended 31 July 2026

Accountants report
You consider that the company is exempt from an audit for the year ended 31 July 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

....................................................

Roxy Laing Limited
15 Hearle Way
Hatfield
Hertfordshire
AL10 9EW
09 October 2026

1

Demetriou Property & Asset Management Limited
Statement of Financial Position
As at 31 July 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	40,989,813	40,788,138
		40,989,813	40,788,138
Current assets
Debtors		2,522,785	2,741,857
Cash at bank and in hand		6,259,879	5,645,563
		8,782,664	8,387,420
Creditors: amount falling due within one year		(46,593,860)	(46,535,244)
Net current assets		(37,811,196)	(38,147,824)

Total assets less current liabilities		3,178,617	2,640,314
Provisions for liabilities		(354,973)	(354,973)
Net assets		2,823,644	2,285,341

Capital and reserves
Called up share capital	4	100	100
Revaluation Reserves		1,375,572	1,375,572
Profit and loss account		1,447,972	909,669
Shareholders' funds		2,823,644	2,285,341

For the year ended 31 July 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 09 October 2026 and were signed by:

-------------------------------
Mr A Demetriou
Director

2

Demetriou Property & Asset Management Limited
Notes to the Abridged Financial Statements
For the year ended 31 July 2026

General Information

Demetriou Property & Asset Management Limited is a private company, limited by shares, registered in England and Wales, registration number 10220893, registration address 23 Hornbeam Road, Theydon Bois, Essex, CM16 7JU.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the gross rents received by the company.

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	25% Straight Line
Computer Equipment	25% Straight Line

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

2.	Average number of employees Average number of employees during the year was 4 (2025 : 5).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
At 01 August 2025	39,357,011	97,702	2,634	39,457,347
Additions	352,987	-	3,340	356,327
Disposals	(142,584)	-	-	(142,584)
Revaluations	1,419,892	-	-	1,419,892
At 31 July 2026	40,987,306	97,702	5,974	41,090,982
Depreciation
At 01 August 2025	-	87,127	1,974	89,101
Charge for year	-	10,575	1,493	12,068
On disposals	-	-	-	-
At 31 July 2026	-	97,702	3,467	101,169
Net book values
Closing balance as at 31 July 2026	40,987,306	-	2,507	40,989,813
Opening balance as at 01 August 2025	40,776,903	10,575	660	40,788,138

4.

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
100 Ordinary shares of £1.00 each	100		100
	100		100

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