SL (CPAM) Holdings Limited 04116374 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is to purchase and develop a property for investment purposes Digita Accounts Production Advanced 6.30.9574.0 true true 04116374 2022-04-01 2023-03-31 04116374 2023-03-31 04116374 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 04116374 bus:SmallEntities 2022-04-01 2023-03-31 04116374 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 04116374 bus:FullAccounts 2022-04-01 2023-03-31 04116374 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 04116374 bus:RegisteredOffice 2022-04-01 2023-03-31 04116374 bus:Director1 2022-04-01 2023-03-31 04116374 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 04116374 countries:EnglandWales 2022-04-01 2023-03-31 04116374 2022-03-31 04116374 2021-04-01 2022-03-31 04116374 2022-03-31 04116374 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 04116374

SL (CPAM) Holdings Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2023

 

SL (CPAM) Holdings Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

SL (CPAM) Holdings Limited

(Registration number: 04116374)
Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Fixed assets

 

Investment property

4

405,012

445,184

Current assets

 

Cash at bank and in hand

 

2,304

3,863

Creditors: Amounts falling due within one year

5

(477,213)

(467,645)

Net current liabilities

 

(474,909)

(463,782)

Net liabilities

 

(69,897)

(18,598)

Capital and reserves

 

Called up share capital

100

100

Other reserves

7,876

48,048

Retained earnings

(77,873)

(66,746)

Shareholders' deficit

 

(69,897)

(18,598)

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 16 October 2023
 

.........................................
S E Lockwood
Director

 

SL (CPAM) Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company is dependent upon the continued financial support of the director. The director has confirmed that he will continue to support the comapny financially and consequently the financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

SL (CPAM) Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Investment properties

2023
£

At 1 April

445,184

Fair value adjustments

(40,172)

At 31 March

405,012

The investment property has been valued by an estate agent with knowledge of the local market

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

 

Other creditors

 

477,213

467,645