THE PRS REIT (CHARLTON GARDENS) LIMITED

• ⚠

  Material uncertainty over going concern

  However, there is a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of this report as a result of the proposed sale of the Company by the ultimate controlling party, The PRS REIT plc. Given the expected change in ownership, the current directors cannot be certain about the intention of the Buyer to continue to operate the Company as a going concern, or of the Buyer's intention or ability to provide any funding or support that the Company may require to continue to operate as a going concern. These events or conditions indicate that a material uncertainty exists that may cast significant doubt on the Group and Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.

• ◆

  9 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +2.5%

  £129,418 → £132,685

• Cash

  —

  Not reported

• Net assets

  +55.7%

  £451,784 → £703,316

• Employees

  —

  Not reported

• Operating profit

  +97.1%

  £127,610 → £251,531

• Profit before tax

  +97.1%

  £127,610 → £251,531

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“However, there is a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of this report as a result of the proposed sale of the Company by the ultimate controlling party, The PRS REIT plc. Given the expected change in ownership, the current directors cannot be certain about the intention of the Buyer to continue to operate the Company as a going concern, or of the Buyer's intention or ability to provide any funding or support that the Company may require to continue to operate as a going concern. These events or conditions indicate that a material uncertainty exists that may cast significant doubt on the Group and Company's ability to continue as a going concern. Our opinion is not modified in respect of this matter.”

Significant events

• “On 3 November 2025, the Board of The PRS REIT plc ('PRS REIT') announced that it had entered into a conditional agreement for the Sale of The PRS REIT Holding Company Limited (PRS HoldCo), the PRS REIT's operating subsidiary, which holds the entirety of the PRS REIT's portfolio of property assets, including those of the Company, to UK Housing Platform Bidco Limited (the Buyer).”
• “The Sale will be implemented through the sale by the PRS REIT of the entire issued share capital of PRS HoldCo to the Buyer, for cash consideration of approximately £628.86 million.”
• “The Sale of PRS HoldCo was approved by the Shareholders of the PRS REIT at the General Meeting held on 27 November 2025, with Completion expected on or around 11 December 2025.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

18

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

9

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.