Cestrian Estates Limited Company accounts

COMPANY REGISTRATION NUMBER: 02359537

Cestrian Estates Limited

Unaudited Financial Statements

31 March 2026

Cestrian Estates Limited

Financial Statements

Year ended 31st March 2026

Contents	Pages

Directors' report	1

Statement of comprehensive income	2

Statement of financial position	3 to 4

Statement of changes in equity	5

Notes to the financial statements	6 to 9

The following pages do not form part of the financial statements

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements	11

Cestrian Estates Limited

Directors' Report

Year ended 31st March 2026

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2026 .

Directors

The directors who served the company during the year were as follows:

MR P K O'BRIEN
MR A O'BRIEN

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 23 October 2026 and signed on behalf of the board by:

MR P K O'BRIEN	MR A O'BRIEN
Director	Director

Aidan O'Brien
Company Secretary

Registered office:

10 Ashfield Terrace

Chester le Street

Co Durham

DH3 3PD

Cestrian Estates Limited

Statement of Comprehensive Income

Year ended 31st March 2026

	2026	2025
Note	£	£
Turnover	408,119	512,987

Staff costs	4	5,073	5,320
Depreciation and other amounts written off tangible and intangible fixed assets		1,078	1,435
Other operating expenses		115,306	126,594
		---------	---------
Operating profit		286,662	379,638

Other interest receivable and similar income		–	15
Interest payable and similar expenses		324	586
		---------	---------
Profit before taxation	5	286,338	379,067

Tax on profit	6	71,854	72,911
		---------	---------
Profit for the financial year and total comprehensive income		214,484	306,156
		---------	---------

All the activities of the company are from continuing operations.

Cestrian Estates Limited

Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	7	5,542,681	5,543,759

Current assets

Debtors	9	3,499	2,737
Cash at bank and in hand		131,702	72,651
		---------	--------
		135,201	75,388

Creditors: amounts falling due within one year	10	110,696	111,951
		---------	---------
Net current assets/(liabilities)		24,505	( 36,563)
		------------	------------
Total assets less current liabilities		5,567,186	5,507,196

Creditors: amounts falling due after more than one year	11	–	7,494

Provisions	153,949	153,949
	------------	------------
Net assets	5,413,237	5,345,753
	------------	------------

Capital and reserves

Called up share capital	100	100
Profit and loss account	5,413,137	5,345,653
	------------	------------
Shareholders funds	5,413,237	5,345,753
	------------	------------

These financial statements have been prepared 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'.

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

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Cestrian Estates Limited

Statement of Financial Position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 23 October 2026 , and are signed on behalf of the board by:

MR P K O'BRIEN	MR A O'BRIEN
Director	Director

Company registration number: 02359537

Cestrian Estates Limited

Statement of Changes in Equity

Year ended 31st March 2026

	Called up share capital	Profit and loss account	Total
	£	£	£
At 1st April 2024	100	5,215,497	5,215,597

Profit for the year		306,156	306,156
	----	------------	------------
Total comprehensive income for the year	–	306,156	306,156

Dividends paid and payable	–	( 176,000)	( 176,000)
	----	------------	------------
Total investments by and distributions to owners	–	( 176,000)	( 176,000)

At 31st March 2025	100	5,345,653	5,345,753

Profit for the year		214,484	214,484
	----	------------	------------
Total comprehensive income for the year	–	214,484	214,484

Dividends paid and payable	–	( 147,000)	( 147,000)
	----	---------	---------
Total investments by and distributions to owners	–	( 147,000)	( 147,000)

	----	------------	------------
At 31st March 2026	100	5,413,137	5,413,237
	----	------------	------------

Cestrian Estates Limited

Notes to the Financial Statements

Year ended 31st March 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 10 Ashfield Terrace, Chester le Street, Co Durham, DH3 3PD.

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

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of 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.

Revenue recognition

Turnover comprises rents due on investment properties. Rental income which is derived from investment properties held by the Company is recognised in the financial statements on an accruals basis, reflecting the period over which rents are earned irrespective of whether due in advance or arrears.

Tangible assets

Tangible assets excluding investment properties are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets (including investment properties) carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% reducing balance

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. Staff costs

The average number of persons employed by the company during the year amounted to 3 (2025: 3 ).

The aggregate employment costs incurred during the year were:

	2026	2025
	£	£
Wages and salaries	5,073	5,320
	-------	-------

5. Profit before taxation

Profit before taxation is stated after charging:

	2026	2025
	£	£
Depreciation of tangible assets	1,078	1,435
	-------	-------

6. Tax on profit

Major components of tax expense

	2026	2025
	£	£

Current tax:

UK current tax expense	71,854	72,911
	--------	--------
Tax on profit	71,854	72,911
	--------	--------

7. Tangible assets

	Freehold property	Equipment	Total
	£	£	£
Cost
At 1st April 2025 and 31st March 2026	5,539,447	26,833	5,566,280
	------------	--------	------------
Depreciation
At 1st April 2025	–	22,521	22,521
Charge for the year	–	1,078	1,078
	------------	--------	------------
At 31st March 2026	–	23,599	23,599
	------------	--------	------------
Carrying amount
At 31st March 2026	5,539,447	3,234	5,542,681
	------------	--------	------------
At 31st March 2025	5,539,447	4,312	5,543,759
	------------	--------	------------

8. Valuation of investment properties and related consequences

In accordance with FRS 102 the directors have reviewed the value of the investment properties. Provision have been made for the deferred taxation liability which is now expected to materialise on eventual sale of the properties at their revised fair values.

9. Debtors

	2026	2025
	£	£
Other debtors	3,499	2,737
	-------	-------

10. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	7,494	10,000
Corporation tax	71,854	72,910
Social security and other taxes	6,280	4,486
Other creditors	25,068	24,555
	---------	---------
	110,696	111,951
	---------	---------

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

	2026	2025
	£	£
Bank loans and overdrafts	–	7,494
	----	-------

12. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2026
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
THE DIRECTORS	( 1,901)	1,701	( 200)
	-------	-------	----

	2025
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
THE DIRECTORS	( 1,794)	( 107)	( 1,901)
	-------	----	-------

13. Related party transactions

(1) The Company is wholly owned and controlled by the Directors/Shareholders. (2) The Company is partly financed by interest free loans from the Directors who are also the Shareholders. The balance owing to the Directors at 31st March 2025 of £1,901 has been reduced by £1,701 to £200 at 31st March 2026.

Cestrian Estates Limited

Management Information

Year ended 31st March 2026

The following pages do not form part of the financial statements.

Cestrian Estates Limited

Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Cestrian Estates Limited

Year ended 31st March 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cestrian Estates Limited for the year ended 31st March 2026, which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Cestrian Estates Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Cestrian Estates Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cestrian Estates Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cestrian Estates Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cestrian Estates Limited. You consider that Cestrian Estates Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of Cestrian Estates Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

B.J.STRAUGHAN AND CO Chartered accountants

Epworth House 7 Lucy Street Chester le Street Co. Durham DH3 3UP

15 October 2026