The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

The financial statements were approved by the board of directors and authorised for issue on and are signed on its behalf by:

Charlton Somerset Properties Limited is a private company limited by shares incorporated in England and Wales. The registered office is Montigo Resorts Somerset, At Charlton House, Charlton Road, Shepton Mallet, Somerset, BA4 4PR.

The directors have prepared the financial statements from 5 November 2024 (date of incorporation) to 31 March 2026. There are no comparative figures as this is the first set of financial statements for the company since the date of its incorporation.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company made a loss for the financial period ended 31 March 2026 of £12,733 and at 31 March 2026 the company had net current liabilities of £12,633; this includes £2,501 due to the company's immediate parent company Montigo Hospitality Pte Ltd. The company is reliant on the support of its immediate parent company for continuing support. It is appropriate for the company to continue to adopt the going concern basis in preparation of the financial statements as the immediate parent company has given its undertaking to the company that it will provide continuing financial support to enable the company to meet its liabilities as and when they fall due in the next 12 months from the date of authorisation of the financial statements.

Turnover is recognized at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognized as interest income.

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments' and Section 12 ‘Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Transactions in currencies other than pound sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

The average monthly number of persons (including directors) employed by the company during the period was:

The company has taken advantage of the exemption in The Financial Reporting Standard applicable in the UK and Republic of Ireland ("FRS 102") from the requirement to disclose transactions with wholly owned group companies on the grounds that consolidated financial statements are prepared by the intermediate parent company.

The company's immediate parent company is Montigo Hospitality Pte Ltd, a company incorporated in Singapore; the intermediate parent company is KOP Limited a Singapore incorporated business listed on the Singapore stock exchange. KOP Limited is the parent of the smallest and largest group of which the company is a member for which group accounts are prepared. Copies of KOP Limited group accounts are available from the website: koplimited.com/publications.

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Senior Statutory Auditor:

Statutory Auditor:

Date of audit report: