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REGISTERED NUMBER: 09988880 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Coldwell Property And Development
Limited

Coldwell Property And Development
Limited (Registered number: 09988880)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Coldwell Property And Development
Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr N Coldwell





REGISTERED OFFICE: Ambry Court Shuart Lane
St Nicholas At Wade
Birchington
Kent
CT7 0NG





REGISTERED NUMBER: 09988880 (England and Wales)





ACCOUNTANTS: Accsys Accountants Limited
Chartered Accountants
Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

Coldwell Property And Development
Limited (Registered number: 09988880)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,402 5,869
Investment property 5 911,500 911,500
915,902 917,369

CURRENT ASSETS
Debtors 6 194,811 323,338
Cash at bank 1,452 3,810
196,263 327,148
CREDITORS
Amounts falling due within one year 7 399,470 510,146
NET CURRENT LIABILITIES (203,207 ) (182,998 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

712,695

734,371

CREDITORS
Amounts falling due after more than one year 8 647,845 656,535
NET ASSETS 64,850 77,836

CAPITAL AND RESERVES
Called up share capital 200 200
Other reserves 43,500 43,500
Retained earnings 21,150 34,136
64,850 77,836

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Coldwell Property And Development
Limited (Registered number: 09988880)

Balance Sheet - continued
28 February 2023


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 director and authorised for issue on 10 July 2023 and were signed by:





Mr N Coldwell - Director


Coldwell Property And Development
Limited (Registered number: 09988880)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Coldwell Property And Development 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2022
and 28 February 2023 1,500 30,600 32,100
DEPRECIATION
At 1 March 2022 1,227 25,004 26,231
Charge for year 68 1,399 1,467
At 28 February 2023 1,295 26,403 27,698
NET BOOK VALUE
At 28 February 2023 205 4,197 4,402
At 28 February 2022 273 5,596 5,869

Coldwell Property And Development
Limited (Registered number: 09988880)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022
and 28 February 2023 911,500
NET BOOK VALUE
At 28 February 2023 911,500
At 28 February 2022 911,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors - 913
Other debtors 194,811 322,425
194,811 323,338

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 9,950 9,697
Other creditors 389,520 500,449
399,470 510,146

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans 647,845 656,535