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REGISTERED NUMBER: 09988880 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Coldwell Property And Development
Limited

Coldwell Property And Development
Limited (Registered number: 09988880)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Coldwell Property And Development
Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mr N Coldwell





REGISTERED OFFICE: Ambry Court Shuart Lane
St Nicholas At Wade
Birchington
Kent
CT7 0NG





REGISTERED NUMBER: 09988880 (England and Wales)





ACCOUNTANTS: Accsys Accountants Limited
Chartered Accountants
Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

Coldwell Property And Development
Limited (Registered number: 09988880)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,702 4,402
Investment property 5 911,500 911,500
915,202 915,902

CURRENT ASSETS
Debtors 6 225,473 194,811
Cash at bank 23,352 1,452
248,825 196,263
CREDITORS
Amounts falling due within one year 7 467,204 399,470
NET CURRENT LIABILITIES (218,379 ) (203,207 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

696,823

712,695

CREDITORS
Amounts falling due after more than one year 8 637,598 647,845
NET ASSETS 59,225 64,850

CAPITAL AND RESERVES
Called up share capital 200 200
Other reserves 43,500 43,500
Retained earnings 15,525 21,150
59,225 64,850

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.

Coldwell Property And Development
Limited (Registered number: 09988880)

Balance Sheet - continued
29 February 2024


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 director and authorised for issue on 5 August 2024 and were signed by:





Mr N Coldwell - Director


Coldwell Property And Development
Limited (Registered number: 09988880)

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

1. STATUTORY INFORMATION

Coldwell Property And Development 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 1,500 - 30,600 - 32,100
Additions - 250 - 222 472
At 29 February 2024 1,500 250 30,600 222 32,572
DEPRECIATION
At 1 March 2023 1,295 - 26,403 - 27,698
Charge for year 51 21 1,049 51 1,172
At 29 February 2024 1,346 21 27,452 51 28,870
NET BOOK VALUE
At 29 February 2024 154 229 3,148 171 3,702
At 28 February 2023 205 - 4,197 - 4,402

Coldwell Property And Development
Limited (Registered number: 09988880)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023
and 29 February 2024 911,500
NET BOOK VALUE
At 29 February 2024 911,500
At 28 February 2023 911,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Other debtors 225,473 194,811

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 10,203 9,950
Trade creditors 80 -
Other creditors 456,921 389,520
467,204 399,470

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans 637,598 647,845