Campania Trading Limited - Filleted accounts

Campania Trading Limited
Registered number:		08679964
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		405			477
Investments	4		4,159,279			4,241,883
			4,159,684			4,242,360

Current assets
Debtors	5	843,813			518,964
Cash at bank and in hand		739,928			764,419
		1,583,741			1,283,383

Creditors: amounts falling due within one year	6	(34,181)			(35,786)

Net current assets			1,549,560			1,247,597

Total assets less current liabilities			5,709,244			5,489,957


Provisions for liabilities			(213,145)			(213,145)


Net assets			5,496,099			5,276,812

Capital and reserves
Called up share capital			1,000			1,000
Share premium			1,499,001			1,499,001
Profit and loss account	9		3,996,098			3,776,811

Shareholder's funds			5,496,099			5,276,812
Average number of employees			1			2
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
N Novi
Director
Approved by the board on 12 June 2026

Campania Trading Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Turnover
	Turnover consists of the gross rents received from the company's investment properties.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Furniture			15% reducing balance

	Investments
	Investments in subsidiaries are shown at fair value. Changes are reflected in the Profit and Loss account. Investment properties are revalued annually either by professional valuers, or by the director.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. Provision is made for the potential tax liability arising from the revaluation of the company's investment properties.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					1		2


3	Tangible fixed assets
								Furniture
£
	Cost
	At 1 February 2025							2,058
	At 31 January 2026							2,058

	Depreciation
	At 1 February 2025							1,581
	Charge for the year							72
	At 31 January 2026							1,653

	Net book value
	At 31 January 2026							405
	At 31 January 2025							477




4	Investments
Investments in					Freehold &
subsidiary					Leasehold
undertakings					Properties		Total
£					£		£
	Cost
	At 1 February 2025			500,000		3,741,883		4,241,883
	Subsidiary - net change in fair value			(82,604)
	At 31 January 2026			417,396		3,741,883		4,159,279

	The investment properties were valued at market value at 31st January 2025 by Cousins
	Edmonton Ltd, estate agents, Lago Real , Almancil, Portugal, and by the director.
	The director does not consider that these values need to be changed at 31 January 2026.

5	Debtors					2026		2025
£							£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest					702,684		424,141
	Loan to director					138,279		93,083
	Other debtors					2,850		1,740
						843,813		518,964


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					5,251		-
	Corporation tax					24,302		34,036
	Other creditors					4,628		1,750
						34,181		35,786


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	N Novi
	Temporary loan	93,083				(93,083)		-
	Temporary loan			305,196		(166,917)		138,279
		93,083		305,196		(260,000)		138,279


8	Taxation					2026		2025
£							£

	Corporation tax					24,787		35,702
	Foreign tax
	Deferred tax on revaluation							(108,672)
						24,787		(72,970)


9	Profit and loss account

	Available for distribution					3,318,125
	Investment property revaluation reserve					760,577
						4,078,702

10	Related party transactions

	Dividends totalling £260,000 (2025 - £119,347) were paid to a director during the year. Dividends totalling £500,000 (2025 - £500,000) were received from the company's subsidiary, Campania Foods Limited.


11	Controlling party

	The company is controlled by N Novi.


12	Other information

	Campania Trading Limited is a private company limited by shares and incorporated in England. Its registered office is:
	32 Phipps Hatch Lane
	Enfield
	Middlesex
	EN2 0HN