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REGISTERED NUMBER: 12935891 (England and Wales)















CALEDONIAN FALLS PROPERTY HOLDINGS
LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023






CALEDONIAN FALLS PROPERTY HOLDINGS
LIMITED (REGISTERED NUMBER: 12935891)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CALEDONIAN FALLS PROPERTY HOLDINGS
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: K Harris





REGISTERED OFFICE: The Exchange
5 Bank Street
Bury
BL9 0DN





REGISTERED NUMBER: 12935891 (England and Wales)





ACCOUNTANTS: DTE Business Advisers Limited
The Exchange
5 Bank Street
Bury
Lancashire
BL9 0DN

CALEDONIAN FALLS PROPERTY HOLDINGS
LIMITED (REGISTERED NUMBER: 12935891)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 17,092 20,108
Investment property 5 481,406 481,406
498,498 501,514

CURRENT ASSETS
Debtors 6 4,176 6,811
Cash at bank 12,065 34,923
16,241 41,734
CREDITORS
Amounts falling due within one year 7 (259,378 ) (271,487 )
NET CURRENT LIABILITIES (243,137 ) (229,753 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

255,361

271,761

CREDITORS
Amounts falling due after more than one
year

8

(250,912

)

(268,636

)

PROVISIONS FOR LIABILITIES (2,786 ) (1,563 )
NET ASSETS 1,663 1,562

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,563 1,462
1,663 1,562

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 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.

CALEDONIAN FALLS PROPERTY HOLDINGS
LIMITED (REGISTERED NUMBER: 12935891)

STATEMENT OF FINANCIAL POSITION - 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 director and authorised for issue on 2 September 2024 and were signed by:





K Harris - Director


CALEDONIAN FALLS PROPERTY HOLDINGS
LIMITED (REGISTERED NUMBER: 12935891)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Caledonian Falls Property Holdings Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 12935891 and the registered office address is The Exchange, 5 Bank Street, Bury, BL9 0DN.

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.

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

Significant judgements and estimates
In the application of the company's accounting policies, the director is required to make estimates and judgements. The estimates are based on historical experience and other relevant factors. Actual results may differ from these estimates.

The estimates are continually evaluated. Revisions to accounting estimates are recognised in the period in which the estimate is revised.

The estimates and assumptions which have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities are outlined below.

Using the judgement of the director to determine the fair value of investment properties at the statement of financial position date.

Revenue
Revenue represents rental income receivable in respect of the accounting period, allocated on a straight line basis over the period of the lease.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

The residual values, estimated useful lives and depreciation method of property, plant and equipment are reviewed, and adjusted as appropriate, at each statement of financial position date. The effects of any revision are recognised in the income statement when the change arises.

Investment property
Investment property is shown at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement.

CALEDONIAN FALLS PROPERTY HOLDINGS
LIMITED (REGISTERED NUMBER: 12935891)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the income statement.

Basic financial liabilities are initially measured at transaction price and subsequently measured at amortised cost, being the transaction price less any amounts settled.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 ) .

CALEDONIAN FALLS PROPERTY HOLDINGS
LIMITED (REGISTERED NUMBER: 12935891)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 25,280
DEPRECIATION
At 1 January 2023 5,172
Charge for year 3,016
At 31 December 2023 8,188
NET BOOK VALUE
At 31 December 2023 17,092
At 31 December 2022 20,108

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 481,406
NET BOOK VALUE
At 31 December 2023 481,406
At 31 December 2022 481,406

The fair value has been determined by the director based on current market values. The historic cost is £481,406.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,100 6,120
Other debtors 1,076 691
4,176 6,811

CALEDONIAN FALLS PROPERTY HOLDINGS
LIMITED (REGISTERED NUMBER: 12935891)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 22,470 22,080
Trade creditors 13,731 11,379
Amounts owed to related parties 7,015 -
Taxation and social security - 376
Other creditors 216,162 237,652
259,378 271,487

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 250,912 268,636

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 161,033 180,317

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 273,382 290,716

The loan is secured by way of a fixed and floating charge over the property of the company.