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REGISTERED NUMBER: 00699635 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 September 2023

for

Civic Investments Limited

Civic Investments Limited (Registered number: 00699635)

Contents of the Financial Statements
for the Year Ended 28 September 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Civic Investments Limited

Company Information
for the Year Ended 28 September 2023







DIRECTORS: C A Shepherd
I H Shepherd





SECRETARIES: D R Simpson
Pawley & Malyon Limited





REGISTERED OFFICE: Salisbury House
London
EC2M 5SQ





REGISTERED NUMBER: 00699635 (England and Wales)





ACCOUNTANTS: Pawley & Malyon
Salisbury House
London
EC2M 5SQ

Civic Investments Limited (Registered number: 00699635)

Abridged Balance Sheet
28 September 2023

28/9/23 28/9/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 764,502 764,744

CURRENT ASSETS
Debtors 15,057 12,541
Cash at bank and in hand 466,404 453,463
481,461 466,004
CREDITORS
Amounts falling due within one year 65,218 89,576
NET CURRENT ASSETS 416,243 376,428
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,180,745

1,141,172

CAPITAL AND RESERVES
Called up share capital 12,000 12,000
Revaluation reserve 5 175,276 175,276
Other reserves 238,846 238,846
Retained earnings 754,623 715,050
SHAREHOLDERS' FUNDS 1,180,745 1,141,172

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

The members have not required the company to obtain an audit of its financial statements for the year ended 28 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Civic Investments Limited (Registered number: 00699635)

Abridged Balance Sheet - continued
28 September 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 September 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 March 2024 and were signed on its behalf by:





C A Shepherd - Director


Civic Investments Limited (Registered number: 00699635)

Notes to the Financial Statements
for the Year Ended 28 September 2023


1. Statutory information

Civic 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover represents net invoiced rent receivable excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 15% on reducing balance

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes 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.


Civic Investments Limited (Registered number: 00699635)

Notes to the Financial Statements - continued
for the Year Ended 28 September 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 1 (2022 - 1 ) .

4. Tangible fixed assets
Totals
£   
Cost or valuation
At 29 September 2022
and 28 September 2023 780,880
Depreciation
At 29 September 2022 16,136
Charge for year 242
At 28 September 2023 16,378
Net book value
At 28 September 2023 764,502
At 28 September 2022 764,744

Cost or valuation at 28 September 2023 is represented by:

Totals
£   
Valuation in 2011 85,276
Valuation in 2015 90,000
Cost 605,604
780,880

Civic Investments Limited (Registered number: 00699635)

Notes to the Financial Statements - continued
for the Year Ended 28 September 2023


4. Tangible fixed assets - continued

If the investment properties had not been revalued they would have been included at the following historical cost:

28/9/23 28/9/22
£    £   
Cost 587,854 587,854

The investment properties were valued on an open market basis on 31 March 2011 by Barker Storey Matthews and Impeys .

5. Reserves
Revaluation
reserve
£   
At 29 September 2022
and 28 September 2023 175,276