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REGISTERED NUMBER: 04915030 (England and Wales)





















Unaudited Financial Statements for the Year Ended 31 July 2023

for

CWJN Investments Limited

CWJN Investments Limited (Registered number: 04915030)

Contents of the Financial Statements
for the Year Ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CWJN Investments Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: C W Newman





SECRETARY: S Newman





REGISTERED OFFICE: Pentlands
Lower Broad Oak Road
West Hill
Ottery St Mary
Devon
EX11 1UF





REGISTERED NUMBER: 04915030 (England and Wales)





ACCOUNTANTS: Mark Ward Chartered Certified Accountants
First Floor Cef Building
Broomhill Way
Torquay
Devon
TQ2 7QN

CWJN Investments Limited (Registered number: 04915030)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 702,500 702,500

CURRENT ASSETS
Debtors 5 60,794 78,283
Investments 6 30,264 29,592
Cash at bank 47,041 43,240
138,099 151,115
CREDITORS
Amounts falling due within one year 7 47,610 49,955
NET CURRENT ASSETS 90,489 101,160
TOTAL ASSETS LESS CURRENT LIABILITIES 792,989 803,660

CREDITORS
Amounts falling due after more than one
year

8

(34,952

)

(40,833

)

PROVISIONS FOR LIABILITIES (10,576 ) -
NET ASSETS 747,461 762,827

CAPITAL AND RESERVES
Called up share capital 15,000 15,000
Fair value reserve 9 46,785 57,361
Retained earnings 685,676 690,466
747,461 762,827

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CWJN Investments Limited (Registered number: 04915030)

Balance Sheet - continued
31 July 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 director and authorised for issue on 5 February 2024 and were signed by:





C W Newman - Director


CWJN Investments Limited (Registered number: 04915030)

Notes to the Financial Statements
for the Year Ended 31 July 2023


1. STATUTORY INFORMATION

CWJN Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Revenue recognition
Turnover comprises the fair value of rental income receivable in the ordinary course of the company's activities. The company recognises this revenue in the period to which it relates with accrued and deferred income being adjusted as necessary.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
The company holds the following financial instruments:

- Short term trade and other debtors and creditors;
- Bank loans; and
- Cash and bank balances.

All financial instruments are classified as basic.

The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company's obligations are discharged, expire or are cancelled.

Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.

Taxation
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.


CWJN Investments Limited (Registered number: 04915030)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022
and 31 July 2023 702,500
NET BOOK VALUE
At 31 July 2023 702,500
At 31 July 2022 702,500

Fair value at 31 July 2023 is represented by:
£   
Valuation in 2017 15,614
Valuation in 2021 57,361
Cost 629,525
702,500

If investment property had not been revalued it would have been included at the following historical cost:

31.7.23 31.7.22
£    £   
Cost 629,525 629,525

Investment property was valued on an open market basis on 31 July 2023 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors 60,794 78,283

CWJN Investments Limited (Registered number: 04915030)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023


6. CURRENT ASSET INVESTMENTS
31.7.23 31.7.22
£    £   
Listed investments 30,264 29,592

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 5,789 5,698
Taxation and social security 7,170 3,214
Other creditors 34,651 41,043
47,610 49,955

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans 34,952 40,833

9. RESERVES
Fair
value
reserve
£   
At 1 August 2022 57,361
Deferred tax provision (10,576 )

At 31 July 2023 46,785