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REGISTERED NUMBER: 10429454 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

HIGH STREET COOKHAM LTD

HIGH STREET COOKHAM LTD (REGISTERED NUMBER: 10429454)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HIGH STREET COOKHAM LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: M Ahmed





SECRETARY: Mrs F Y Ahmed





REGISTERED OFFICE: Wellington House
Aylesbury Road
Princes Risborough
Buckinghamshire
HP27 0JP





REGISTERED NUMBER: 10429454 (England and Wales)





ACCOUNTANTS: Partridges Accountancy Services Limited
Chartered Certified Accountants
Wellington House
Aylesbury Road
Princes Risborough
Buckinghamshire
HP27 0JP

HIGH STREET COOKHAM LTD (REGISTERED NUMBER: 10429454)

BALANCE SHEET
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,305,829 1,305,829

CURRENT ASSETS
Debtors 5 12,667 12,667
Cash at bank 2,500 2,547
15,167 15,214
CREDITORS
Amounts falling due within one year 6 430,080 406,774
NET CURRENT LIABILITIES (414,913 ) (391,560 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

890,916

914,269

CREDITORS
Amounts falling due after more than one
year

7

634,824

706,740
NET ASSETS 256,092 207,529

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 255,992 207,429
SHAREHOLDERS' FUNDS 256,092 207,529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

HIGH STREET COOKHAM LTD (REGISTERED NUMBER: 10429454)

BALANCE SHEET - continued
28 FEBRUARY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 February 2024 and were signed by:





M Ahmed - Director


HIGH STREET COOKHAM LTD (REGISTERED NUMBER: 10429454)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

High Street Cookham Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
The Investment Property is shown at its historical cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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
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).

HIGH STREET COOKHAM LTD (REGISTERED NUMBER: 10429454)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022
and 28 February 2023 1,305,829
NET BOOK VALUE
At 28 February 2023 1,305,829
At 28 February 2022 1,305,829

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 12,667 12,667

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 100,836 87,817
Trade creditors - 480
Taxation and social security 36,323 37,094
Other creditors 292,921 281,383
430,080 406,774

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 634,824 706,740

Amounts falling due in more than five years:

Repayable by instalments
Business bank loan 162,716 180,813
Commercial mortgage 472,108 525,927
634,824 706,740

The Business bank loan is repayable by instalments for a duration of 15 years, with a variable interest rate over the whole loan period, until October 2032.

The Commercial Mortgage is repayable by instalments for a duration of 15 years, with a fixed interest rate until October 2022 and then a variable interest rate over the remaining period of the loan until October 2032.

HIGH STREET COOKHAM LTD (REGISTERED NUMBER: 10429454)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


8. SECURED DEBTS

The following secured debts are included within creditors:

28.2.23 28.2.22
£    £   
Bank loans 735,660 794,557

HSBC Bank PLC holds a Legal Mortgage over the property 58 High Street, Cookham, which is owned by High Street Cookham Limited.

HSBC Bank PLC also holds a Debenture as security for debt by way of a fixed and floating charge over all assets of High Street Cookham Limited.

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At 28th February 2023 High Street Cookham Ltd owed £97,939 (2022: £97,939) to Mr M Ahmed, the director of the company. The loan does not attract interest and is repayable on demand.

10. RELATED PARTY DISCLOSURES

During the year ended 28th February 2023High Street Cookham Limited charged rents of £92,000 to Beta UK Limited, a company in which Mr M Ahmed is the controlling shareholder. The rents have been charged at commercial rates and all rents had been paid in full.

At the balance sheet date High Street Cookham Limited owed £12,599 to Beta UK Limited. The loan does not attract interest and is repayable on demand.

At the balance sheet date High Street Cookham Limited owed £159,540 to Hillmart Limited, a company in which Mr M Ahmed is the controlling shareholder. The loan does not attract interest and is repayable on demand.

At the balance sheet date High Street Cookham Limited owed £9,000 to Maliks Express Limited, a company in which Mr M Ahmed is the controlling shareholder. The loan does not attract interest and is repayable on demand.

At the balance sheet date High Street Cookham Limited owed £7,600 to Maliks Express Cookham Limited, a company in which Mr M Ahmed is the controlling shareholder. The loan does not attract interest and is repayable on demand.

All the above are included in "other creditors".

At the balance sheet date Maliks of Marlow Limited, a company in which Mr M Ahmed is the controlling shareholder, owed £5,000 to High Street Cookham Limited. The loan does not attract interest and is repayable on demand.

The above are included in "other debtors".