Company Registration No. 10566079 (England and Wales)
Charlie Maddison Property Investments Limited
Unaudited accounts
for the year ended 31 May 2026
Charlie Maddison Property Investments Limited
Unaudited accounts
Contents
Charlie Maddison Property Investments Limited
Company Information
for the year ended 31 May 2026
Directors
Kristopher Robert Heath
Agnieszka Stopa
Company Number
10566079 (England and Wales)
Registered Office
22 Greensted Road
Loughton
IG10 3DL
England
Accountants
Workabee Accountants
Sharon Gillett BSc FCA
11 Chestnut Avenue
Buckhurst Hill
Essex
IG9 6EN
Charlie Maddison Property Investments Limited
Statement of financial position
as at 31 May 2026
Investment property
448,000
455,000
Cash at bank and in hand
738
488
Creditors: amounts falling due within one year
(22,129)
(18,764)
Net current liabilities
(21,391)
(17,026)
Total assets less current liabilities
426,609
437,974
Creditors: amounts falling due after more than one year
(340,238)
(339,830)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
83,066
98,143
Shareholders' funds
83,067
98,144
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2026 and were signed on its behalf by
Kristopher Robert Heath
Director
Company Registration No. 10566079
Charlie Maddison Property Investments Limited
Notes to the Accounts
for the year ended 31 May 2026
Charlie Maddison Property Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 10566079. The registered office is 22 Greensted Road, Loughton, IG10 3DL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover comprises of rental income and is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided on a straight line basis over the following years in order to write off the assets to their residual values over their estimated useful lives:
Fixtures & fittings
5 years
Computer equipment
5 years
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost.
Charlie Maddison Property Investments Limited
Notes to the Accounts
for the year ended 31 May 2026
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2025
34
2,893
2,927
At 31 May 2026
34
2,893
2,927
At 1 June 2025
34
2,893
2,927
At 31 May 2026
34
2,893
2,927
Fair value at 1 June 2025
455,000
Net loss from fair value adjustments
(7,399)
The valuations of the investment properties are based on a director valuation.
Amounts falling due within one year
Deferred tax asset
-
1,250
7
Creditors: amounts falling due within one year
2026
2025
Amounts owed to group undertakings and other participating interests
9,533
9,627
Loans from directors
10,744
5,945
Deferred income
1,442
1,392
8
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
340,238
339,830
Aggregate of amounts that fall due for payment after five years
340,238
339,830
The bank loans (mortgages) are secured against the value of the investment property.
Charlie Maddison Property Investments Limited
Notes to the Accounts
for the year ended 31 May 2026
9
Deferred taxation
2026
2025
Revaluation of investment property
7,700
2,553
Tax losses carried forward
(4,396)
(3,803)
Provision at start of year
(1,250)
(2,503)
Charged to the profit and loss account
4,554
1,253
Provision at end of year
3,304
(1,250)
10
Transactions with related parties
As at 31 May 2026, amounts owed to directors totalled £10,744 (2024: £5,945).
As at 31 May 2026, amounts owed to the subsidiary company totalled £9,533 (2025: £9,627).
No interest is charged on money owed and the amounts are repayable on demand.
11
Average number of employees
During the year the average number of employees was 1 (2025: 1).