2022-04-012023-03-312023-03-31false07107552CPG PROPERTIES LIMITED2023-11-29iso4217:GBPxbrli:pure071075522022-04-01071075522023-03-31071075522022-04-012023-03-31071075522021-04-01071075522022-03-31071075522021-04-012022-03-3107107552bus:SmallEntities2022-04-012023-03-3107107552bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3107107552bus:AbridgedAccounts2022-04-012023-03-3107107552bus:PrivateLimitedCompanyLtd2022-04-012023-03-3107107552core:WithinOneYear2023-03-3107107552core:AfterOneYear2023-03-3107107552core:WithinOneYear2022-03-3107107552core:AfterOneYear2022-03-3107107552core:ShareCapital2023-03-3107107552core:SharePremium2023-03-3107107552core:RevaluationReserve2023-03-3107107552core:OtherReservesSubtotal2023-03-3107107552core:RetainedEarningsAccumulatedLosses2023-03-3107107552core:ShareCapital2022-03-3107107552core:SharePremium2022-03-3107107552core:RevaluationReserve2022-03-3107107552core:OtherReservesSubtotal2022-03-3107107552core:RetainedEarningsAccumulatedLosses2022-03-3107107552core:LandBuildings2023-03-3107107552core:PlantMachinery2023-03-3107107552core:Vehicles2023-03-3107107552core:FurnitureFittings2023-03-3107107552core:OfficeEquipment2023-03-3107107552core:NetGoodwill2023-03-3107107552core:IntangibleAssetsOtherThanGoodwill2023-03-3107107552core:ListedExchangeTraded2023-03-3107107552core:UnlistedNon-exchangeTraded2023-03-3107107552core:LandBuildings2022-03-3107107552core:PlantMachinery2022-03-3107107552core:Vehicles2022-03-3107107552core:FurnitureFittings2022-03-3107107552core:OfficeEquipment2022-03-3107107552core:NetGoodwill2022-03-3107107552core:IntangibleAssetsOtherThanGoodwill2022-03-3107107552core:ListedExchangeTraded2022-03-3107107552core:UnlistedNon-exchangeTraded2022-03-3107107552core:LandBuildings2022-04-012023-03-3107107552core:PlantMachinery2022-04-012023-03-3107107552core:Vehicles2022-04-012023-03-3107107552core:FurnitureFittings2022-04-012023-03-3107107552core:OfficeEquipment2022-04-012023-03-3107107552core:NetGoodwill2022-04-012023-03-3107107552core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107107552core:ListedExchangeTraded2022-04-012023-03-3107107552core:UnlistedNon-exchangeTraded2022-04-012023-03-3107107552core:MoreThanFiveYears2022-04-012023-03-3107107552core:Non-currentFinancialInstruments2023-03-3107107552core:Non-currentFinancialInstruments2022-03-3107107552dpl:CostSales2022-04-012023-03-3107107552dpl:DistributionCosts2022-04-012023-03-3107107552core:LandBuildings2022-04-012023-03-3107107552core:PlantMachinery2022-04-012023-03-3107107552core:Vehicles2022-04-012023-03-3107107552core:FurnitureFittings2022-04-012023-03-3107107552core:OfficeEquipment2022-04-012023-03-3107107552dpl:AdministrativeExpenses2022-04-012023-03-3107107552core:NetGoodwill2022-04-012023-03-3107107552core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107107552dpl:GroupUndertakings2022-04-012023-03-3107107552dpl:ParticipatingInterests2022-04-012023-03-3107107552dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3107107552core:ListedExchangeTraded2022-04-012023-03-3107107552dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3107107552core:UnlistedNon-exchangeTraded2022-04-012023-03-3107107552dpl:CostSales2021-04-012022-03-3107107552dpl:DistributionCosts2021-04-012022-03-3107107552core:LandBuildings2021-04-012022-03-3107107552core:PlantMachinery2021-04-012022-03-3107107552core:Vehicles2021-04-012022-03-3107107552core:FurnitureFittings2021-04-012022-03-3107107552core:OfficeEquipment2021-04-012022-03-3107107552dpl:AdministrativeExpenses2021-04-012022-03-3107107552core:NetGoodwill2021-04-012022-03-3107107552core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3107107552dpl:GroupUndertakings2021-04-012022-03-3107107552dpl:ParticipatingInterests2021-04-012022-03-3107107552dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3107107552core:ListedExchangeTraded2021-04-012022-03-3107107552dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3107107552core:UnlistedNon-exchangeTraded2021-04-012022-03-3107107552core:NetGoodwill2023-03-3107107552core:IntangibleAssetsOtherThanGoodwill2023-03-3107107552core:LandBuildings2023-03-3107107552core:PlantMachinery2023-03-3107107552core:Vehicles2023-03-3107107552core:FurnitureFittings2023-03-3107107552core:OfficeEquipment2023-03-3107107552core:AfterOneYear2023-03-3107107552core:WithinOneYear2023-03-3107107552core:ListedExchangeTraded2023-03-3107107552core:UnlistedNon-exchangeTraded2023-03-3107107552core:ShareCapital2023-03-3107107552core:SharePremium2023-03-3107107552core:RevaluationReserve2023-03-3107107552core:OtherReservesSubtotal2023-03-3107107552core:RetainedEarningsAccumulatedLosses2023-03-3107107552core:NetGoodwill2022-03-3107107552core:IntangibleAssetsOtherThanGoodwill2022-03-3107107552core:LandBuildings2022-03-3107107552core:PlantMachinery2022-03-3107107552core:Vehicles2022-03-3107107552core:FurnitureFittings2022-03-3107107552core:OfficeEquipment2022-03-3107107552core:AfterOneYear2022-03-3107107552core:WithinOneYear2022-03-3107107552core:ListedExchangeTraded2022-03-3107107552core:UnlistedNon-exchangeTraded2022-03-3107107552core:ShareCapital2022-03-3107107552core:SharePremium2022-03-3107107552core:RevaluationReserve2022-03-3107107552core:OtherReservesSubtotal2022-03-3107107552core:RetainedEarningsAccumulatedLosses2022-03-3107107552core:NetGoodwill2021-04-0107107552core:IntangibleAssetsOtherThanGoodwill2021-04-0107107552core:LandBuildings2021-04-0107107552core:PlantMachinery2021-04-0107107552core:Vehicles2021-04-0107107552core:FurnitureFittings2021-04-0107107552core:OfficeEquipment2021-04-0107107552core:AfterOneYear2021-04-0107107552core:WithinOneYear2021-04-0107107552core:ListedExchangeTraded2021-04-0107107552core:UnlistedNon-exchangeTraded2021-04-0107107552core:ShareCapital2021-04-0107107552core:SharePremium2021-04-0107107552core:RevaluationReserve2021-04-0107107552core:OtherReservesSubtotal2021-04-0107107552core:RetainedEarningsAccumulatedLosses2021-04-0107107552core:AfterOneYear2022-04-012023-03-3107107552core:WithinOneYear2022-04-012023-03-3107107552core:Non-currentFinancialInstrumentscore:CostValuation2022-04-012023-03-3107107552core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-04-012023-03-3107107552core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-04-012023-03-3107107552core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-04-012023-03-3107107552core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-04-012023-03-3107107552core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-04-012023-03-3107107552core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3107107552core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3107107552core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-04-012023-03-3107107552core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3107107552core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3107107552core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3107107552core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3107107552core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3107107552core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3107107552core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3107107552core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3107107552core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3107107552core:Non-currentFinancialInstrumentscore:CostValuation2022-03-3107107552core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-03-3107107552core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-03-3107107552core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-03-3107107552core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-03-3107107552core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-03-3107107552core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-03-3107107552core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-03-3107107552core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-03-3107107552bus:Director12022-04-012023-03-31

CPG PROPERTIES LIMITED

Registered Number
07107552
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

CPG PROPERTIES LIMITED
Company Information
for the year from 1 April 2022 to 31 March 2023

Director

SCHIAVO, Paul David Anthony

Registered Address

White Lyon House Perry Hill
Worplesdon
Guildford
GU3 3RE

Registered Number

07107552 (England and Wales)
CPG PROPERTIES LIMITED
Balance Sheet as at
31 March 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Investments7100100
100100
Current assets
Cash at bank and on hand759726
759726
Creditors amounts falling due within one year(315,493)(308,088)
Net current assets (liabilities)(314,734)(307,362)
Total assets less current liabilities(314,634)(307,262)
Creditors amounts falling due after one year(37,356)(43,598)
Net assets(351,990)(350,860)
Capital and reserves
Called up share capital22
Profit and loss account(351,992)(350,862)
Shareholders' funds(351,990)(350,860)
The financial statements were approved and authorised for issue by the Director on 29 November 2023, and are signed on its behalf by:
SCHIAVO, Paul David Anthony
Director
Registered Company No. 07107552
CPG PROPERTIES LIMITED
Notes to the Financial Statements
for the year ended 31 March 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
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. Related party exemption The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.
3.Principal activities
The principal activity of the company in the year under review was that of property development. The directors actively pursue appropriate development opportunities, and continue to remain focussed on the right project for the company, rather than any project, and are confident that opportunities will be taken up within the foreseeable future.
4.Basis of measurement used in financial statements
At the balance sheet date the company had net liabilities of £351,990 (2022: £350,860). The financial statements have been prepared on the going concern basis which assumes that the company will continue as a going concern for the foreseeable future. The validity of this assumption depends on the continuing support of the company creditors to provide adequate financial support and by not seeking repayment of amounts owed to them. The directors have no reason to believe this support is not forthcoming and accordingly believe it appropriate to prepare the financial statements on the going concern basis.
5.Accounting policies
Turnover policy
Turnover comprises revenue recognised by the Company in respect of the sale of properties developed by the Company, and is recognised upon exchange for sale of the relevant site, exclusive of value added tax.
Taxation policy
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.
Deferred tax policy
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.
Government grants and other government assistance policy
Grants which relate to revenue are recognised in income in the period the related costs are incurred by the company for which the grant is intended to compensate.
Investments policy
Investments in subsidiary undertakings are recognised at cost.
6.Employee information

20232022
Average number of employees during the year11
7.Fixed asset investments

Total

£
Cost or valuation
At 01 April 22100
At 31 March 23100
Net book value
At 31 March 23100
At 31 March 22100
8.Description of nature of transactions and balances with related parties
Entities under common control At the year end £196,022 (2022: £188,859) was owed by the company to entities under common control. PDA Schiavo - a director At the year end £113,689 (2022: £113,689) was owed to PDA Schiavo.