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REGISTERED NUMBER: 09583039 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

CAP PROPERTY GROUP LTD

CAP PROPERTY GROUP LTD (REGISTERED NUMBER: 09583039)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CAP PROPERTY GROUP LTD

Company Information
for the Year Ended 31 May 2023







DIRECTOR: C S SIDHU





REGISTERED OFFICE: 43, Sutton Avenue
Berkshire
Slough
SL3 7AP





REGISTERED NUMBER: 09583039 (England and Wales)





ACCOUNTANTS: Gynch Shaw Maurice & Co
Chartered Certified Accountants
Rear of No 2
SPM House
Glenthorne Road
Friern Barnet
London
N11 3HT

CAP PROPERTY GROUP LTD (REGISTERED NUMBER: 09583039)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 584,853 537,353

CURRENT ASSETS
Cash at bank 7,973 5,496

CREDITORS
Amounts falling due within one year 5 159,709 118,807
NET CURRENT LIABILITIES (151,736 ) (113,311 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

433,117

424,042

CREDITORS
Amounts falling due after more than one
year

6

567,300

560,300
NET LIABILITIES (134,183 ) (136,258 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (134,283 ) (136,358 )
(134,183 ) (136,258 )

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

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

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 29 March 2024 and were signed by:




C S SIDHU - Director


CAP PROPERTY GROUP LTD (REGISTERED NUMBER: 09583039)

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

1. STATUTORY INFORMATION

Cap Property Group 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 represents net invoiced for management of real estate on a fee or cotract basis.

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.

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.

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 June 2022 537,353
Additions 47,500
At 31 May 2023 584,853
NET BOOK VALUE
At 31 May 2023 584,853
At 31 May 2022 537,353

CAP PROPERTY GROUP LTD (REGISTERED NUMBER: 09583039)

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

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Taxation and social security 487 2,438
Other creditors 159,222 116,369
159,709 118,807

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 455,300 455,300
Other creditors 112,000 105,000
567,300 560,300

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is a balance of £140,299 (2022: £96,833) owed to C S Sidhu, director and shareholder of the company.

8. POST BALANCE SHEET EVENTS

There is no post balance sheet events during the year ended 31 May 2023.

9. ULTIMATE CONTROLLING PARTY

The controlling party is C S SIDHU.