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REGISTERED NUMBER: 11439739 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2022

for

Chris James Property Investments Ltd

Chris James Property Investments Ltd (Registered number: 11439739)






Contents of the Financial Statements
for the Year Ended 30 June 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Chris James Property Investments Ltd

Company Information
for the Year Ended 30 June 2022







DIRECTORS: C J O'Connell
D O'Connell





REGISTERED OFFICE: Elmstone Court
Upper Minety
Malmesbury
Wiltshire
SN16 9PR





REGISTERED NUMBER: 11439739 (England and Wales)

Chris James Property Investments Ltd (Registered number: 11439739)

Balance Sheet
30 June 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 128,260 26,479
Investments 5 1,700,800 1,700,800
1,829,060 1,727,279

CURRENT ASSETS
Debtors 6 2,084,022 880,705
Cash at bank 9,747 3,322
2,093,769 884,027
CREDITORS
Amounts falling due within one year 7 938,891 726,411
NET CURRENT ASSETS 1,154,878 157,616
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,983,938

1,884,895

CREDITORS
Amounts falling due after more than one
year

8

3,093,329

1,777,718
NET (LIABILITIES)/ASSETS (109,391 ) 107,177

CAPITAL AND RESERVES
Called up share capital 140 140
Retained earnings (109,531 ) 107,037
(109,391 ) 107,177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Chris James Property Investments Ltd (Registered number: 11439739)

Balance Sheet - continued
30 June 2022


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2023 and were signed on its behalf by:





C J O'Connell - Director


Chris James Property Investments Ltd (Registered number: 11439739)

Notes to the Financial Statements
for the Year Ended 30 June 2022

1. STATUTORY INFORMATION

Chris James Property Investments Ltd 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.

Preparation of consolidated financial statements
The financial statements contain information about Chris James Property Investments Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Investments in associates
Investments in associate undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


Chris James Property Investments Ltd (Registered number: 11439739)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments
Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 4 ) .

Chris James Property Investments Ltd (Registered number: 11439739)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2021 18,713 9,669 28,382
Additions 69,368 48,315 117,683
At 30 June 2022 88,081 57,984 146,065
DEPRECIATION
At 1 July 2021 1,715 188 1,903
Charge for year 5,182 10,720 15,902
At 30 June 2022 6,897 10,908 17,805
NET BOOK VALUE
At 30 June 2022 81,184 47,076 128,260
At 30 June 2021 16,998 9,481 26,479

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 July 2021 8,990
Additions 45,995
At 30 June 2022 54,985
DEPRECIATION
At 1 July 2021 150
Charge for year 10,200
At 30 June 2022 10,350
NET BOOK VALUE
At 30 June 2022 44,635
At 30 June 2021 8,840

Chris James Property Investments Ltd (Registered number: 11439739)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 July 2021
and 30 June 2022 1,700,800
NET BOOK VALUE
At 30 June 2022 1,700,800
At 30 June 2021 1,700,800

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 15,387 10,156
Other debtors 2,068,635 870,549
2,084,022 880,705

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 1,698 1,698
Trade creditors 77,119 146,680
Taxation and social security 158,209 134,599
Other creditors 691,865 433,434
938,891 726,411

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Hire purchase contracts 4,953 6,651
Other creditors 3,088,376 1,771,067
3,093,329 1,777,718

Chris James Property Investments Ltd (Registered number: 11439739)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

9. SECURED DEBTS

The following secured debts are included within creditors:

2022 2021
£    £   
Hire purchase contracts 6,651 8,349
Other Creditors 2,233,936 906,900
2,240,587 915,249

Blend (Security Trustee) Limited hold a fixed and floating charge dated 2 June 2021 over all estates or interests in the freehold, leasehold and other immovable property owned now or in the future.
Paragon Development Finance Limited hold a fixed charge over the land known as car park at 25-37 Albert Street, Swindle, comprised in a lease dated 31 October 2019.
Paragon Development Finance Limited hold a fixed charge dated 8 October 2020 over shares in a subsidiary of the company.
Route Finance Limited hold fixed charges 7 January 2019 and 29 June 2020 over shares in a subsidiary of the company.