Company Registration No. 10835300 (England and Wales)
Caton Properties Limited
Unaudited accounts
for the year ended 31 August 2023
Caton Properties Limited
Unaudited accounts
Contents
Caton Properties Limited
Company Information
for the year ended 31 August 2023
Company Number
10835300 (England and Wales)
Registered Office
41-43 BRECK ROAD
BRECK APARTMENTS
POULTON-LE-FYLDE
FY6 7AQ
ENGLAND
Accountants
Brambles Consulting & Finance Limted
Top Floor
126 Bold Street
Fleetwood
Lancashire
FY7 6HW
Caton Properties Limited
Statement of financial position
as at 31 August 2023
Tangible assets
1,933,488
1,936,607
Cash at bank and in hand
31,820
45,939
Creditors: amounts falling due within one year
(35,011)
(48,087)
Net current (liabilities)/assets
(1,109)
2,016
Total assets less current liabilities
1,932,379
1,938,623
Creditors: amounts falling due after more than one year
(9,297)
(16,499)
Net assets
1,923,082
1,922,124
Called up share capital
100
100
Revaluation reserve
2,002,000
2,002,000
Profit and loss account
(79,018)
(79,976)
Shareholders' funds
1,923,082
1,922,124
For the year ending 31 August 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 15 November 2023 and were signed on its behalf by
Gemma Pilley
Director
Company Registration No. 10835300
Caton Properties Limited
Notes to the Accounts
for the year ended 31 August 2023
Caton Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 10835300. The registered office is 41-43 BRECK ROAD, BRECK APARTMENTS, POULTON-LE-FYLDE, FY6 7AQ, 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.
These financial statements for the year ended 31 August 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2021.
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.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 September 2022
1,601,242
60,366
304,109
2,277
1,967,994
Additions
-
1,037
-
-
1,037
At 31 August 2023
1,601,242
61,403
304,109
2,277
1,969,031
At 1 September 2022
821
27,683
1,539
1,344
31,387
Charge for the year
96
3,471
406
183
4,156
At 31 August 2023
917
31,154
1,945
1,527
35,543
At 31 August 2023
1,600,325
30,249
302,164
750
1,933,488
At 31 August 2022
1,600,421
32,683
302,570
933
1,936,607
Caton Properties Limited
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
7,202
7,202
Loans from directors
18,651
31,772
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).