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REGISTERED NUMBER: 12985378 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Community Partners Holdings Limited

Community Partners Holdings Limited (Registered number: 12985378)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Community Partners Holdings Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: M A Brennan
A K Walker
S A Brennan
N K Walker





REGISTERED OFFICE: 5a Clare Road
Halifax
HX1 2HX





REGISTERED NUMBER: 12985378 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
Oak Tree House, Harwood Road
Northminster Business Park
Upper Poppleton
York
YO26 6QU

Community Partners Holdings Limited (Registered number: 12985378)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 91,998 91,898
Investment property 5 785,518 640,663
877,516 732,561

CURRENT ASSETS
Debtors 6 481,960 403,025
Cash at bank and in hand 1,208,422 877,765
1,690,382 1,280,790
CREDITORS
Amounts falling due within one year 7 225,473 208,667
NET CURRENT ASSETS 1,464,909 1,072,123
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,342,425

1,804,684

CAPITAL AND RESERVES
Called up share capital 8 220 200
Retained earnings 2,342,205 1,804,484
SHAREHOLDERS' FUNDS 2,342,425 1,804,684

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.

Community Partners Holdings Limited (Registered number: 12985378)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2024 and were signed on its behalf by:





M A Brennan - Director


Community Partners Holdings Limited (Registered number: 12985378)

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

1. STATUTORY INFORMATION

Community Partners Holdings 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.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.

Turnover
Turnover represents net invoiced rents received on investment properties, excluding value added tax.

Income recognition
Turnover is recognised in accordance with the contractual terms of the lease.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


Community Partners Holdings Limited (Registered number: 12985378)

Notes to the Financial Statements - continued
for the Year Ended 31 December 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.

Preparation of consolidated financial statements
The financial statements contain information about Community Partners Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023 91,898
Additions 100
At 31 December 2023 91,998
NET BOOK VALUE
At 31 December 2023 91,998
At 31 December 2022 91,898

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023 640,663
Additions 144,855
At 31 December 2023 785,518
NET BOOK VALUE
At 31 December 2023 785,518
At 31 December 2022 640,663

Community Partners Holdings Limited (Registered number: 12985378)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 478,858 -
Directors' current accounts - 403,025
Prepayments and accrued income 3,102 -
481,960 403,025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,200 -
Amounts owed to group undertakings - 75,858
Taxation and social security 14,524 6,340
Directors' current accounts 202,689 124,609
Accruals and deferred income 7,060 1,860
225,473 208,667

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
150 A & B Ordinary £1 150 200
50 C Ordinary £1 50 -
20 D & E Ordinary £1 20 -
220 200

20 D & E Ordinary shares of £1 each were allotted as fully paid as a bonus issue out of reserves during the year.

On 3 November 2023 50 B Ordinary £1 shares were reclassified to 50 C Ordinary £1 shares.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
A K Walker
Balance outstanding at start of year 403,025 -
Amounts advanced - 403,025
Amounts repaid (520,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (116,975 ) 403,025

Community Partners Holdings Limited (Registered number: 12985378)

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

10. RELATED PARTY DISCLOSURES

2023 2022
£ £
Amount due to the directors 202,689 124,609
No interest is charged on the credit balances.