REGISTERED NUMBER: |
Financial Statements for the Year Ended 31st December 2022 |
for |
C.P. Property Investments Limited |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
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 |
CURRENT ASSETS |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
6 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | 8 | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Fair value reserve | 10 |
Retained earnings | 10 |
SHAREHOLDERS' FUNDS |
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 |
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 |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Tangible fixed assets |
Freehold property | - |
Plant and machinery | - |
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 |
Disposals | ( |
) | ( |
) |
At 31st December 2022 |
DEPRECIATION |
At 1st January 2022 |
Charge for year |
Eliminated on disposal | ( |
) | ( |
) |
At 31st December 2022 |
NET BOOK VALUE |
At 31st December 2022 |
At 31st December 2021 |
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) |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31/12/22 | 31/12/21 |
£ | £ |
Bank loans (see note 7) |
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 |
Amounts falling due between one and two years: |
Bank loans - 1-2 years |
Amounts falling due between two and five years: |
Bank loans - 2-5 years |
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 |
Credit to Statement of Income and Retained Earnings during year | ( |
) |
Balance at 31st December 2022 |
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: | £ | £ |
Ordinary Shares | £1 | 2 | 2 |
10. | RESERVES |
Fair |
Retained | value |
earnings | reserve | Totals |
£ | £ | £ |
At 1st January 2022 | 2,388,467 |
Profit for the year |
At 31st December 2022 | 2,637,506 |
11. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
12. | RELATED PARTY DISCLOSURES |
The ultimate controlling party is |