15 February 2022 false No description of principal activity Taxfiler 2023.10 13918277business:PrivateLimitedCompanyLtd2022-02-152023-02-28 139182772022-02-14 139182772022-02-152023-02-28 13918277business:AuditExemptWithAccountantsReport2022-02-152023-02-28 13918277business:FilletedAccounts2022-02-152023-02-28 139182772023-02-28 13918277business:Director12022-02-152023-02-28 13918277business:RegisteredOffice2022-02-152023-02-28 13918277core:WithinOneYear2023-02-28 13918277core:AfterOneYear2023-02-28 13918277core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 13918277core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 13918277core:PreviouslyStatedAmount2023-02-28 13918277business:SmallEntities2022-02-152023-02-28 13918277countries:EnglandWales2022-02-152023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 13918277 (England and Wales)
CUNNINGHAM PROPERTY ESTATE LTD Unaudited accounts for the period from 15 February 2022 to 28 February 2023
CUNNINGHAM PROPERTY ESTATE LTD Unaudited accounts Contents
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CUNNINGHAM PROPERTY ESTATE LTD Company Information for the period from 15 February 2022 to 28 February 2023
Director
M Cunningham
Company Number
13918277 (England and Wales)
Registered Office
27 GIRTON WAY CROXLEY GREEN RICKMANSWORTH WD3 3QW ENGLAND
Accountants
Avin Accountants 78 Queens Road Watford Hertfordshire WD17 2LA
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CUNNINGHAM PROPERTY ESTATE LTD Statement of financial position as at 28 February 2023
2023 
Notes
£ 
Fixed assets
Investment property
1,031,000 
Current assets
Cash at bank and in hand
525 
Creditors: amounts falling due within one year
(18,988)
Net current liabilities
(18,463)
Total assets less current liabilities
1,012,537 
Creditors: amounts falling due after more than one year
(1,000,000)
Net assets
12,537 
Capital and reserves
Called up share capital
2 
Profit and loss account
12,535 
Shareholders' funds
12,537 
For the period ending 28 February 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 10 November 2023 and were signed on its behalf by
M Cunningham Director Company Registration No. 13918277
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CUNNINGHAM PROPERTY ESTATE LTD Notes to the Accounts for the period from 15 February 2022 to 28 February 2023
1
Statutory information
CUNNINGHAM PROPERTY ESTATE LTD is a private company, limited by shares, registered in England and Wales, registration number 13918277. The registered office is 27 GIRTON WAY, CROXLEY GREEN, RICKMANSWORTH, WD3 3QW, ENGLAND.
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.
3
Accounting policies
These financial statements for the period from 15 February 2022 to 28 February 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 15 February 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Investment property
2023 
£ 
Additions
1,031,000 
At 28 February 2023
1,031,000 
5
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
2,940 
Other creditors
8,024 
Loans from directors
8,024 
18,988 
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CUNNINGHAM PROPERTY ESTATE LTD Notes to the Accounts for the period from 15 February 2022 to 28 February 2023
6
Creditors: amounts falling due after more than one year
2023 
£ 
Other creditors
500,000 
Loans from directors
500,000 
1,000,000 
7
Transactions with related parties
Included in creditor amount falling due within one year amounting to £16,048 from company director and shareholders. Included in creditor amount falling due after more than one year amounting to £1,000,000 from company director and shareholders.
8
Average number of employees
During the period the average number of employees was 1.
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