Charlotte Armitage Properties Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15421295

Charlotte Armitage Properties Limited

Filleted Unaudited Financial Statements

Year ended

31 January 2026

Charlotte Armitage Properties Limited

Statement of Financial Position

31 January 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	4		550,063		302,973

Current assets

Debtors	5	13,139	10,497
Cash at bank and in hand		1,933	2,004
		--------	--------
		15,072	12,501

Creditors: amounts falling due within one year	6	194,984		100,050
		----------		----------
Net current liabilities			179,912		87,549
			----------		----------
Total assets less current liabilities			370,151		215,424

Creditors: amounts falling due after more than one year	7	396,896	219,222
		----------	----------
Net liabilities		( 26,745)	( 3,798)
		----------	----------

Capital and reserves

Called up share capital	100	100
Profit and loss account	( 26,845)	( 3,898)
	--------	-------
Shareholders deficit	( 26,745)	( 3,798)
	--------	-------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 January 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Charlotte Armitage Properties Limited

Statement of Financial Position (continued)

31 January 2026

These financial statements were approved by the board of directors and authorised for issue on 21 October 2026 , and are signed on behalf of the board by:

Miss Armitage
Director

Company registration number: 15421295

Charlotte Armitage Properties Limited

Notes to the Financial Statements

Year ended 31 January 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7 Castle Mills, Waterside, Knaresborough, HG5 8DE, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

(b) Going concern

The company is in a net liabilities position of £26,745 at the balance sheet date. The director has confirmed their support will continue for the foreseeable future and will, where necessary, be increased in order to enable the company to continue normal trading operations. The accounts are therefore prepared on a going concern basis. The UK economy continues to face a degree of economic uncertainty, including the ongoing effects of inflation, interest rates and energy costs. These factors have affected the company's trading results to varying degrees. In preparing these financial statements, the director has considered the potential impact of these matters based on the information available at the date of approval and does not believe they will affect the company's ability to continue trading for the foreseeable future. Accordingly, at the date of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for at least 12 months from the date of approval of these financial statements. The director has therefore prepared the financial statements on a going concern basis.

(c) Revenue recognition

Turnover comprises revenue recognised by the company in respect of rental income receivable net of value added tax.

(d) Current and deferred tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

(e) Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

(f) Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

(g) Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4. Tangible assets

	Freehold property	Long leasehold property	Total
	£	£	£
Cost
At 1 February 2025	–	302,973	302,973
Additions	247,090	–	247,090
	----------	----------	----------
At 31 January 2026	247,090	302,973	550,063
	----------	----------	----------
Depreciation
At 1 February 2025 and 31 January 2026	–	–	–
	----------	----------	----------
Carrying amount
At 31 January 2026	247,090	302,973	550,063
	----------	----------	----------
At 31 January 2025	–	302,973	302,973
	----------	----------	----------

Investment property has been recorded at cost. The Director is of the opinion that due to the timing of the acquisition, the market value is not materially different to cost.

5. Debtors

	2026	2025
	£	£
Other debtors	13,139	10,497
	--------	--------

6. Creditors: amounts falling due within one year

	2026	2025
	£	£
Loan	97,170	98,970
Other creditors	97,814	1,080
	----------	----------
	194,984	100,050
	----------	----------

7. Creditors: amounts falling due after more than one year

	2026	2025
	£	£
Bank loans and overdrafts	396,896	219,222
	----------	----------

8. Related party transactions

During the year the director made available loans to the company. The loans are interest free and repayable on demand. At 31 January 2026 the balance due to the directors totalled £ 96,680 (2025 - £nil) During the year loans were made available to the company from another company under common control. At 31 January 2026, the total balance outstanding on these loans was £ 97,170 . No interest is charged on the loans in the period and the balances are repayable on demand.