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REGISTERED NUMBER: 04203822 (England and Wales)















Financial Statements for the Year Ended 31st December 2022

for

C.P. Property Investments Limited

C.P. Property Investments Limited (Registered number: 04203822)






Contents of the Financial Statements
for the Year Ended 31st December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


C.P. Property Investments Limited

Company Information
for the Year Ended 31st December 2022







DIRECTORS: Mr M L Field
Mr C Monaghan
Mr J H Watson





REGISTERED OFFICE: Central Chambers
227 London Road
Hadleigh
Benfleet
Essex
SS7 2RF





REGISTERED NUMBER: 04203822 (England and Wales)





AUDITORS: Paul Winston Ltd
Silver Rose
Unit 21, East Lodge Village
Enfield
England
EN2 8AS

C.P. Property Investments Limited (Registered number: 04203822)

Balance Sheet
31st December 2022

31/12/22 31/12/21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,488,505 9,609,713

CURRENT ASSETS
Cash at bank 15,594 7,362

CREDITORS
Amounts falling due within one year 5 2,193,189 2,178,940
NET CURRENT LIABILITIES (2,177,595 ) (2,171,578 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,310,910

7,438,135

CREDITORS
Amounts falling due after more than
one year

6

(4,538,358

)

(4,891,994

)

PROVISIONS FOR LIABILITIES 8 (135,044 ) (157,672 )
NET ASSETS 2,637,508 2,388,469

CAPITAL AND RESERVES
Called up share capital 9 2 2
Fair value reserve 10 1,366,360 1,366,360
Retained earnings 10 1,271,146 1,022,107
SHAREHOLDERS' FUNDS 2,637,508 2,388,469

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th September 2023 and were signed on its behalf by:




Mr J H Watson - Director


C.P. Property Investments Limited (Registered number: 04203822)

Notes to the Financial Statements
for the Year Ended 31st December 2022

1. STATUTORY INFORMATION

C.P. Property Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Plant and machinery - 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

C.P. Property Investments Limited (Registered number: 04203822)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2022

4. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST OR VALUATION
At 1st January 2022 8,744,595 1,137,263 9,881,858
Disposals - (907 ) (907 )
At 31st December 2022 8,744,595 1,136,356 9,880,951
DEPRECIATION
At 1st January 2022 - 272,145 272,145
Charge for year - 121,208 121,208
Eliminated on disposal - (907 ) (907 )
At 31st December 2022 - 392,446 392,446
NET BOOK VALUE
At 31st December 2022 8,744,595 743,910 9,488,505
At 31st December 2021 8,744,595 865,118 9,609,713

Cost or valuation at 31st December 2022 is represented by:

Freehold Plant and
property machinery Totals
£    £    £   
Valuation in 2016 1,366,360 - 1,366,360
Cost 7,378,235 1,136,356 8,514,591
8,744,595 1,136,356 9,880,951

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/22 31/12/21
£    £   
Bank loans and overdrafts (see note 7) 399,318 461,645
Trade creditors 1 -
Amounts owed to group undertakings 1,776,203 1,676,203
Taxation and social security 17,667 41,092
2,193,189 2,178,940

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/12/22 31/12/21
£    £   
Bank loans (see note 7) 4,538,358 4,891,994

C.P. Property Investments Limited (Registered number: 04203822)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2022

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31/12/22 31/12/21
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 83,991 3,000,608

7. LOANS

An analysis of the maturity of loans is given below:

31/12/22 31/12/21
£    £   
Amounts falling due within one year or on demand:
Bank loans 399,318 461,645

Amounts falling due between one and two years:
Bank loans - 1-2 years 1,044,924 466,166

Amounts falling due between two and five years:
Bank loans - 2-5 years 3,409,443 1,425,220

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 83,991 3,000,608

8. PROVISIONS FOR LIABILITIES
31/12/22 31/12/21
£    £   
Deferred tax 135,044 157,672

Deferred
tax
£   
Balance at 1st January 2022 157,672
Credit to Statement of Income and Retained Earnings during year (22,628 )
Balance at 31st December 2022 135,044

C.P. Property Investments Limited (Registered number: 04203822)

Notes to the Financial Statements - continued
for the Year Ended 31st December 2022

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/12/22 31/12/21
value: £    £   
2 Ordinary Shares £1 2 2

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1st January 2022 1,022,107 1,366,360 2,388,467
Profit for the year 249,039 249,039
At 31st December 2022 1,271,146 1,366,360 2,637,506

11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Winston (Senior Statutory Auditor)
for and on behalf of Paul Winston Ltd

12. RELATED PARTY DISCLOSURES

The ultimate controlling party is C P Holdings (UK) Ltd.