0 false false false false false false false false false false true false false false false false false No description of principal activity 2022-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 3,073,290 7,270 3,080,560 3,080,560 3,073,290 xbrli:pure xbrli:shares iso4217:GBP 00998019 2022-07-01 2023-06-30 00998019 2023-06-30 00998019 2022-06-30 00998019 2021-07-01 2022-06-30 00998019 2022-06-30 00998019 2021-06-30 00998019 bus:RegisteredOffice 2022-07-01 2023-06-30 00998019 bus:Director1 2022-07-01 2023-06-30 00998019 bus:Director2 2022-07-01 2023-06-30 00998019 bus:CompanySecretary1 2022-07-01 2023-06-30 00998019 core:LandBuildings core:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 00998019 core:WithinOneYear 2023-06-30 00998019 core:WithinOneYear 2022-06-30 00998019 core:AfterOneYear 2023-06-30 00998019 core:AfterOneYear 2022-06-30 00998019 core:ShareCapital 2023-06-30 00998019 core:ShareCapital 2022-06-30 00998019 core:RetainedEarningsAccumulatedLosses 2023-06-30 00998019 core:RetainedEarningsAccumulatedLosses 2022-06-30 00998019 core:LandBuildings core:OwnedOrFreeholdAssets 2023-06-30 00998019 core:LandBuildings core:OwnedOrFreeholdAssets 2022-06-30 00998019 core:LandBuildings core:OwnedOrFreeholdAssets 2022-06-30 00998019 bus:SmallEntities 2022-07-01 2023-06-30 00998019 bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 00998019 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 00998019 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 00998019 bus:FullAccounts 2022-07-01 2023-06-30
COMPANY REGISTRATION NUMBER: 00998019
C. R. B. PROPERTIES & INVESTMENTS LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 June 2023
C. R. B. PROPERTIES & INVESTMENTS LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 30 JUNE 2023
Contents
Page
Officers and professional advisers
1
Statement of financial position
2
Notes to the financial statements
4
C. R. B. PROPERTIES & INVESTMENTS LIMITED
OFFICERS AND PROFESSIONAL ADVISERS
The board of directors
E R Brenner
A M Brenner
Company secretary
E. R. Brenner
Registered office
Lynton House
7 - 12 Tavistock Square
London
WC1H 9BQ
C. R. B. PROPERTIES & INVESTMENTS LIMITED
STATEMENT OF FINANCIAL POSITION
30 June 2023
2023
2022
Note
£
£
£
£
FIXED ASSETS
Tangible assets
4
3,080,560
3,073,290
CURRENT ASSETS
Debtors
5
2,078
Cash at bank and in hand
22,632
24,674
--------
--------
22,632
26,752
CREDITORS: amounts falling due within one year
6
( 362,802)
( 385,551)
---------
---------
NET CURRENT LIABILITIES
( 340,170)
( 358,799)
------------
------------
TOTAL ASSETS LESS CURRENT LIABILITIES
2,740,390
2,714,491
CREDITORS: amounts falling due after more than one year
7
( 1,768,343)
( 1,744,808)
------------
------------
NET ASSETS
972,047
969,683
------------
------------
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
971,947
969,583
---------
---------
SHAREHOLDERS FUNDS
972,047
969,683
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
C. R. B. PROPERTIES & INVESTMENTS LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
30 June 2023
These financial statements were approved by the board of directors and authorised for issue on 15 March 2024 , and are signed on behalf of the board by:
A M Brenner
Director
Company registration number: 00998019
C. R. B. PROPERTIES & INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 JUNE 2023
1. General information
The company is a private company limited by shares, registered in UK. The address of the registered office is Lynton House, 7 - 12 Tavistock Square, London, WC1H 9BQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
All fixed assets are initially recorded at cost. It is not the company's policy to depreciate freehold property.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
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.
4. Tangible assets
Freehold property
£
Cost
At 1 July 2022
3,073,290
Additions
7,270
------------
At 30 June 2023
3,080,560
------------
Depreciation
At 1 July 2022 and 30 June 2023
------------
Carrying amount
At 30 June 2023
3,080,560
------------
At 30 June 2022
3,073,290
------------
Included in fixed assets are properties purchased by the company at a cost of £2,091,535 which have been re-valued by the directors.
5. Debtors
2023
2022
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
2,078
----
-------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
5,998
5,999
Amounts owed to group undertakings and undertakings in which the company has a participating interest
2,441
Social security and other taxes
3,124
2,964
Loans
219,607
235,571
Other creditors
131,632
141,017
---------
---------
362,802
385,551
---------
---------
7. Creditors: amounts falling due after more than one year
2023
2022
£
£
Deferred loans
1,768,343
1,744,808
------------
------------