Company Registration No. 12099099 (England and Wales)
CELTIC BEAR PROPERTY LTD
Unaudited accounts
for the year ended 31 July 2023
CELTIC BEAR PROPERTY LTD
Unaudited accounts
Contents
CELTIC BEAR PROPERTY LTD
Company Information
for the year ended 31 July 2023
Director
Joceline Phillips
Company Number
12099099 (England and Wales)
Registered Office
GLANDWR
SALOP ROAD
WELSHPOOL
POWYS
SY21 7EF
UNITED KINGDOM
Accountants
Goose Taxation
Farriers Cottage
Court Barton Hill
Beer
Devon
EX12 3JT
CELTIC BEAR PROPERTY LTD
Statement of financial position
as at 31 July 2023
Investment property
244,632
134,869
Cash at bank and in hand
88,772
116,574
Creditors: amounts falling due within one year
(91,140)
(90,475)
Net current (liabilities)/assets
(2,037)
26,395
Total assets less current liabilities
242,595
161,264
Creditors: amounts falling due after more than one year
(245,000)
(165,000)
Net liabilities
(2,405)
(3,736)
Called up share capital
100
100
Profit and loss account
(2,505)
(3,836)
Shareholders' funds
(2,405)
(3,736)
For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 November 2023 and were signed on its behalf by
Joceline Phillips
Director
Company Registration No. 12099099
CELTIC BEAR PROPERTY LTD
Notes to the Accounts
for the year ended 31 July 2023
CELTIC BEAR PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 12099099. The registered office is GLANDWR, SALOP ROAD, WELSHPOOL, POWYS, SY21 7EF, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 August 2022
134,869
The properties are reported at cost. No valuation at year end is deemed necessary.
Amounts falling due within one year
Accrued income and prepayments
331
296
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
88,900
88,900
Loans from directors
990
700
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
245,000
165,000
CELTIC BEAR PROPERTY LTD
Notes to the Accounts
for the year ended 31 July 2023
8
Transactions with related parties
Limited Company under the control of the Director
During the year Long Tall Diva Ltd loaned £245,000 the company. This loan is interest free and has no fixed terms of repayment
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).