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REGISTERED NUMBER: 08906574 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

46 HIGH STREET LIMITED
46 HIGH STREET LIMITED (REGISTERED NUMBER: 08906574)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


46 HIGH STREET LIMITED (REGISTERED NUMBER: 08906574)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2026

2026 2025
Notes £    £    £    £   
FIXED ASSETS
Investments 4 201,100 201,100
Investment property 5 1,875,000 1,875,000
2,076,100 2,076,100

CURRENT ASSETS
Debtors 6 134,663 124,014
Cash at bank and in hand 7,467 14,073
142,130 138,087
CREDITORS
Amounts falling due within one year 7 601,205 475,365
NET CURRENT LIABILITIES (459,075 ) (337,278 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,617,025
1,738,822

CREDITORS
Amounts falling due after more than one year 8 (1,200,000 ) (1,200,000 )

PROVISIONS FOR LIABILITIES 10 (100,442 ) (100,442 )
NET ASSETS 316,583 438,380

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 11 301,325 301,325
Retained earnings 15,158 136,955
SHAREHOLDERS' FUNDS 316,583 438,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 notes form part of these financial statements

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46 HIGH STREET LIMITED (REGISTERED NUMBER: 08906574)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2026


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 5 October 2026 and were signed on its behalf by:





Mr M J Carrozzo - Director


The notes form part of these financial statements

Page 2
46 HIGH STREET LIMITED (REGISTERED NUMBER: 08906574)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2026

1. STATUTORY INFORMATION

46 High Street Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08906574

Registered office: Wrencote House
123 High Street
Croydon
CR0 0XJ

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about 46 High Street Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods.

There are significant judgements and estimates involved in the preparation of the financial statements.

Revenue
Revenue represents the value of rental income chargeable in respect of the company's investment property. Revenue is recognised evenly over the period of the rental agreement.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less impairment.

Investment property
Investment property, which is property held to earn rentals, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.

Subsequently it is measured at fair value at the reporting date. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Deferred tax is provided on these gains at the rate expected to apply if the property is sold at the balance sheet date.


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46 HIGH STREET LIMITED (REGISTERED NUMBER: 08906574)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2026

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Cash and cash equivalents
Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2025
and 31 January 2026 201,100
NET BOOK VALUE
At 31 January 2026 201,100
At 31 January 2025 201,100

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46 HIGH STREET LIMITED (REGISTERED NUMBER: 08906574)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2026

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2025
and 31 January 2026 1,875,000
NET BOOK VALUE
At 31 January 2026 1,875,000
At 31 January 2025 1,875,000

Fair value at 31 January 2026 is represented by:
£   
Valuation in 2017 86,767
Valuation in 2020 180,000
Valuation in 2025 135,000
Cost 1,473,233
1,875,000

If investment property had not been revalued it would have been included at the following historical cost:

2026 2025
£    £   
Cost 1,473,233 1,473,233

Investment property was valued on an open market basis on 31 January 2026 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Other debtors 134,663 124,014

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026 2025
£    £   
Trade creditors 6,239 6,239
Amounts owed to group undertakings 10,164 30,730
Other creditors 584,802 438,396
601,205 475,365

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2026 2025
£    £   
Bank loans 1,200,000 1,200,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 1,200,000 1,200,000

Page 5 continued...
46 HIGH STREET LIMITED (REGISTERED NUMBER: 08906574)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2026

9. SECURED DEBTS

The following secured debts are included within creditors:

2026 2025
£    £   
Bank loans > 5 yrs 1,200,000 1,200,000

Bank loans are secured on the investment property of the company by way of a fixed and floating charge and contains a negative pledge.

10. PROVISIONS FOR LIABILITIES
2026 2025
£    £   
Deferred tax
Accelerated capital allowances 100,442 66,692
Other timing differences - 33,750
100,442 100,442

Deferred
tax
£   
Balance at 1 February 2025 100,442
Balance at 31 January 2026 100,442

11. RESERVES
Fair
value
reserve
£   
At 1 February 2025
and 31 January 2026 301,325

12. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included in the other debtors due within one year is an amount of £131,545 (2025: £121,045) due from connected companies under common directorship and shareholding.The loans remain interest free and recoverable on demand.

Included in the other creditors due within one year is an amount of £146,120 (2025: £146,120) due to connected companies under common directorship and shareholding. Also, included is an amount of £287,243 (2025: £287,243) due to the directors of the company. The loans remain interest free and repayable on demand.

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