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REGISTERED NUMBER: 00237685 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

CAMPUS LIMITED

CAMPUS LIMITED (REGISTERED NUMBER: 00237685)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Accountants' Report 2

Statement of Financial Position 3 to 4

Notes to the Financial Statements 5 to 8


CAMPUS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr J N Field
Mr J R Field
Mrs V M Field





SECRETARY: Mrs V M Field





REGISTERED OFFICE: Two Counties
Abney Court Drive
Bourne End
Buckinghamshire
SL8 5DL





REGISTERED NUMBER: 00237685 (England and Wales)





ACCOUNTANTS: Seymour Taylor Limited
57 London Road
High Wycombe
Buckinghamshire
HP11 1BS

ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CAMPUS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Campus Limited for the year ended 31 March 2023 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Campus Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Campus Limited and state those matters that we have agreed to state to the Board of Directors of Campus Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Campus Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Campus Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Campus Limited. You consider that Campus Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Campus Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Seymour Taylor Limited
57 London Road
High Wycombe
Buckinghamshire
HP11 1BS


7 November 2023

CAMPUS LIMITED (REGISTERED NUMBER: 00237685)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,135,000 1,135,000
Investments 5 1,137,177 1,265,966
2,272,177 2,400,966

CURRENT ASSETS
Debtors 6 48,001 34,906
Cash at bank 965,119 948,075
1,013,120 982,981
CREDITORS
Amounts falling due within one year 7 17,504 26,550
NET CURRENT ASSETS 995,616 956,431
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,267,793

3,357,397

PROVISIONS FOR LIABILITIES 326,185 259,489
NET ASSETS 2,941,608 3,097,908

CAPITAL AND RESERVES
Called up share capital 8 250 250
Fair value reserve 9 1,055,919 1,213,767
Retained earnings 9 1,885,439 1,883,891
SHAREHOLDERS' FUNDS 2,941,608 3,097,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

CAMPUS LIMITED (REGISTERED NUMBER: 00237685)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2023 and were signed on its behalf by:





Mrs V M Field - Director


CAMPUS LIMITED (REGISTERED NUMBER: 00237685)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. GENERAL INFORMATION

Campus Limited is a private company limited by shares and incorporated in England and Wales. The address of the company's registered office is Two Counties, Abney Court Drive, Bourne End, Buckinghamshire, SL8 5DL. The registered number is 00237685.

The presentation currency of these financial statements is Sterling (£), being the currency of the primary economic market in which the entity operates (its functional currency). All amounts in these financial statements have been rounded to the nearest pound unless stated otherwise.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the total amounts receivable from investment properties.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - straight line - 33%

Taxation
Tax on the profit or loss 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 directly in equity or other comprehensive income, in which case it is recognised directly in equity or other comprehensive income.

Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the statement of financial position date, and any adjustment to tax payable in respect of previous years.

Deferred tax is provided on timing differences which arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. Differences between accumulated depreciation and tax allowances for the cost of a fixed asset, if and when all conditions for retaining the tax allowances have been met, are not provided for. Deferred tax is not recognised on permanent differences arising because certain types of income or expense are non-taxable or are disallowable for tax or because certain tax charges or allowances are greater or smaller than the corresponding income or expense.

Deferred tax is measured at the tax rate that is expected to apply to the reversal of the related difference, using tax rates enacted or substantively enacted at the statement of financial position date. Deferred tax balances are not discounted.

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.

CAMPUS LIMITED (REGISTERED NUMBER: 00237685)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
The company has applied the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instrument Issues" of FRS 102 (effective September 2015) to its financial statements.

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Investments
Investments are initially recognised at fair value which is usually the transaction price (excluding any transaction costs). Subsequently, the investments are measured at fair value through profit or loss except for those shares which cannot be publicly traded or where fair value cannot be reliably measured.

If reliable measurement of fair value cannot be obtained or this measure is no longer available, the investment's cost is deemed to be the fair value at the last point to which a reliable measurement was obtained. These instruments are recognised at cost less impairment until a reliable measure of fair value becomes available.

Investment property
Investment properties are properties which are held either to earn rental income or for capital appreciation or for both.

Investment properties are measured at cost upon initial recognition. The initial cost of the property comprises of its purchase price and any directly attributable expenditure.

Subsequently, investment property is measured at fair value at each reporting date with changes in fair value recognised in the income statement in the period that they arise. No depreciation is provided in respect of investment properties applying the fair value model.

If a reliable measure of fair value is not available without undue cost or effort for an item of investment property, the entity shall thereafter account for that item as a tangible fixed asset until a reliable measure of fair value becomes available.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

CAMPUS LIMITED (REGISTERED NUMBER: 00237685)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Freehold
investment Computer
properties equipment Totals
£    £    £   
COST OR VALUATION
At 1 April 2022
and 31 March 2023 1,135,000 6,868 1,141,868
DEPRECIATION
At 1 April 2022
and 31 March 2023 - 6,868 6,868
NET BOOK VALUE
At 31 March 2023 1,135,000 - 1,135,000
At 31 March 2022 1,135,000 - 1,135,000

Cost or valuation at 31 March 2023 is represented by:

Freehold
investment Computer
properties equipment Totals
£    £    £   
Valuation in 1995 351,705 - 351,705
Valuation in 2002 129,208 - 129,208
Valuation in 2004 124,367 - 124,367
Valuation in 2007 93,275 - 93,275
Valuation in 2009 (217,642 ) - (217,642 )
Valuation in 2011 302,532 - 302,532
Valuation in 2015 547,000 - 547,000
Valuation in 2017 23,250 - 23,250
Valuation in 2019 (110,250 ) - (110,250 )
Valuation in 2020 (125,000 ) - (125,000 )
Cost 16,555 6,868 23,423
1,135,000 6,868 1,141,868

If freehold investment properties had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 16,555 16,555

Freehold land and buildings were valued on an open market basis on 31 March 2020 by Day and Bell Surveyors Limited .

The director's have confirmed the value of the properties have not changed at 31 March 2023.

CAMPUS LIMITED (REGISTERED NUMBER: 00237685)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


5. FIXED ASSET INVESTMENTS

Listed investments having a net book value of £873,480 (2022 - £911,116) are held by the company and had a market value of £1,137,177, at the end of the year (2022 - £1,265,966).

The tax payable on the potential gain if sold at valuation is £50,602 (2022 - £50,046). These figures allow for indexation allowance to 31 December 2017.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 48,001 34,906

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security - 8,361
Other creditors 17,504 18,189
17,504 26,550

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
250 Ordinary £1 250 250

9. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2022 1,883,891 1,213,767 3,097,658
Deficit for the year (156,300 ) (156,300 )
Transfer to fair value reserve 133,359 (133,359 ) -
Transfer on sale of assets
held at fair value 24,489 (24,489 ) -
At 31 March 2023 1,885,439 1,055,919 2,941,358