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REGISTERED NUMBER: 12891701 (England and Wales)















Cactus Estates Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023






Cactus Estates Limited (Registered number: 12891701)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


Cactus Estates Limited

Company Information
for the year ended 31 December 2023







DIRECTORS: Mr Z Iqbal
Mrs S Akhtar





REGISTERED OFFICE: 13 The Courtyard
Timothys Bridge Road
Stratford-upon-Avon
Warwickshire
CV37 9NP





REGISTERED NUMBER: 12891701 (England and Wales)





ACCOUNTANTS: Grenfell James Associates Limited
13 The Courtyard
Timothys Bridge Road
Stratford Upon Avon
Warwickshire
CV37 9NP

Cactus Estates Limited (Registered number: 12891701)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 210,000 201,445

CURRENT ASSETS
Debtors 5 965 1,214
Cash at bank 146 724
1,111 1,938
CREDITORS
Amounts falling due within one year 6 60,070 60,648
NET CURRENT LIABILITIES (58,959 ) (58,710 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

151,041

142,735

CREDITORS
Amounts falling due after more than one
year

7

(146,337

)

(145,479

)

PROVISIONS FOR LIABILITIES (1,625 ) -
NET ASSETS/(LIABILITIES) 3,079 (2,744 )

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 6,929 -
Retained earnings (3,950 ) (2,844 )
3,079 (2,744 )

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

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

Cactus Estates Limited (Registered number: 12891701)

Balance Sheet - continued
31 December 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 Board of Directors and authorised for issue on 16 April 2024 and were signed on its behalf by:





Mr Z Iqbal - Director


Cactus Estates Limited (Registered number: 12891701)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Cactus Estates 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.

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
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 201,445
Revaluations 8,555
At 31 December 2023 210,000
NET BOOK VALUE
At 31 December 2023 210,000
At 31 December 2022 201,445

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2022 201,445
Valuation in 2023 8,555
210,000

Cactus Estates Limited (Registered number: 12891701)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 965 1,214

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 60,070 60,648

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 146,337 145,479

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 146,337 145,479

8. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Other loans more 5yrs instal 146,337 145,479

The accounts include a mortgage balance of £146,337 as at 31 December 2023, the mortgage is a secured debt over the property the company solely owns.

9. RESERVES
Fair
value
reserve
£   
Fair value reserve 6,929

At 31 December 2023 6,929