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REGISTERED NUMBER: 13191350 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Constant & Daughter Limited

Constant & Daughter Limited (Registered number: 13191350)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Constant & Daughter Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: A G Constant





REGISTERED OFFICE: Jac Mar
Station Road
Newnham
Gloucestershire
GL14 1DA





REGISTERED NUMBER: 13191350 (England and Wales)





ACCOUNTANTS: CWF & Partners Ltd
Chartered Accountants
67 Westow Street
Upper Norwood
London
SE19 3RW

Constant & Daughter Limited (Registered number: 13191350)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 178,000 139,483

CURRENT ASSETS
Cash at bank 8,593 8,290

CREDITORS
Amounts falling due within one year 6 141,813 140,862
NET CURRENT LIABILITIES (133,220 ) (132,572 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,780

6,911

PROVISIONS FOR LIABILITIES 7 7,318 -
NET ASSETS 37,462 6,911

CAPITAL AND RESERVES
Called up share capital 8 200 200
Fair value reserve 9 31,199 -
Retained earnings 6,063 6,711
SHAREHOLDERS' FUNDS 37,462 6,911

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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 31 July 2024 and were signed by:




A G Constant - Director


Constant & Daughter Limited (Registered number: 13191350)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Constant & Daughter 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents the total value of rents receivable in the period.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Constant & Daughter Limited (Registered number: 13191350)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023 139,483
Revaluations 38,517
At 29 February 2024 178,000
NET BOOK VALUE
At 29 February 2024 178,000
At 28 February 2023 139,483

Fair value at 29 February 2024 is represented by:
£   
Valuation in 2024 38,517
Cost 139,483
178,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Taxation and social security 786 792
Other creditors 141,027 140,070
141,813 140,862

7. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax 7,318 -

Deferred
tax
£   
Charge to Income Statement during year 7,318
Balance at 29 February 2024 7,318

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 A Ordinary shares £1 100 100
100 B Ordinary shares £1 100 100
200 200

Constant & Daughter Limited (Registered number: 13191350)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. CALLED UP SHARE CAPITAL - continued

The issued share capital is divided into 'A' Ordinary shares and 'B' Ordinary shares.

'A' Ordinary shares have full voting rights.

'B' Ordinary shares have no voting rights.

The holders of the 'A' Ordinary shares and 'B' Ordinary shares shall be entitled to receive dividends except the directors may at any time resolve to declare either dividend payments of different amounts payable on each class of share or a dividend payable on one or more class of share to the exclusion of the other classes.

On a return of capital, the assets of the company available for distribution shall be applied to a repayment of capital paid up on 'B' Ordinary shares only.
The 'A' Ordinary shares have no right of participation in the assets of the company.

On sale of the company, the 'B' Ordinary shares entitle the holders to the full market value of the shares.
The 'A' Ordinary shares have no right of participation, except for the repayment to the holders of the nominal value in respect of the 'A' Ordinary shares held by them.

9. RESERVES
Fair
value
reserve
£   
Property revaluation 38,517
Deferred tax (7,318 )

At 29 February 2024 31,199