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REGISTERED NUMBER: 13246549 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

COMPTON RE LIMITED

COMPTON RE LIMITED (REGISTERED NUMBER: 13246549)

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


COMPTON RE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: S A Simons
M P Raibin
E A Stern





REGISTERED OFFICE: 47 St John's Square
Clerkenwell
London
EC1V 4JJ





REGISTERED NUMBER: 13246549 (England and Wales)





ACCOUNTANTS: MGR SD Limited
55 Loudoun Road
London
NW8 0DL

COMPTON RE LIMITED (REGISTERED NUMBER: 13246549)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Investments 4 235 235

CURRENT ASSETS
Debtors 5 2,464,519 2,184,724
Cash at bank 178,593 522,900
2,643,112 2,707,624
CREDITORS
Amounts falling due within one year 6 (1,592,813 ) (1,657,325 )
NET CURRENT ASSETS 1,050,299 1,050,299
TOTAL ASSETS LESS CURRENT LIABILITIES 1,050,534 1,050,534

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 1,050,234 1,050,234
SHAREHOLDERS' FUNDS 1,050,534 1,050,534

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.

COMPTON RE LIMITED (REGISTERED NUMBER: 13246549)

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 9 August 2024 and were signed on its behalf by:




M P Raibin - Director S A Simons - Director




E A Stern - Director


COMPTON RE LIMITED (REGISTERED NUMBER: 13246549)

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


1. STATUTORY INFORMATION

Compton RE 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.

Preparation of consolidated financial statements
The financial statements contain information about Compton RE Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

COMPTON RE LIMITED (REGISTERED NUMBER: 13246549)

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


4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 31 December 2023 235
NET BOOK VALUE
At 31 December 2023 235
At 31 December 2022 235

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Compton RE Disposals Limited
Registered office: 47 St John's Square, Clerkenwell, London, EC1V 4JJ
Nature of business: Property agent
%
Class of shares: holding
Ordinary 100.00

Compton RE Investments Limited
Registered office: 47 St John's Square, Clerkenwell, London, EC1V 4JJ
Nature of business: Property agent
%
Class of shares: holding
Ordinary 100.00

Compton RE Occupier Limited
Registered office: 47 St John's Square, Clerkenwell, London, EC1V 4JJ
Nature of business: Property agent
%
Class of shares: holding
Ordinary 100.00

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed by group undertakings 393,514 393,514
Amounts owed by participating interests 2,070,705 1,456,222
Other debtors 300 334,988
2,464,519 2,184,724

COMPTON RE LIMITED (REGISTERED NUMBER: 13246549)

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


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed to group undertakings 1,538,413 1,595,125
Other creditors 54,400 62,200
1,592,813 1,657,325

7. RELATED PARTY DISCLOSURES

Compton RE Disposal Limited

A group company.


The following balances exist at the balance sheet date.

31.12.23 31.12.22
£    £   
Amount due to related party at the balance sheet date 1,538,313 1,595,025

Compton RE Investments Limited

A group company.


The following balances exist at the balance sheet date.

31.12.23 31.12.22
£    £   
Amount due from related party at the balance sheet date 393,514 393,514

Compton RE Occupier Services Limited

A group company.


The following balances exist at the balance sheet date.

31.12.23 31.12.22
£    £   
Amount due to related party at the balance sheet date 100 100

COMPTON RE LIMITED (REGISTERED NUMBER: 13246549)

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


7. RELATED PARTY DISCLOSURES - continued

TEJL Investments Limited

A company where E A Stern is a director and shareholder.


The following balances exist at the balance sheet date.

31.12.23 31.12.22
£    £   
Amount due from related party at the balance sheet date 710,809 345,744

The Two J's Investments Limited

A company where M P Raibin is a director and shareholder.


The following balances exist at the balance sheet date.

31.12.23 31.12.22
£    £   
Amount due from related party at the balance sheet date 679,948 555,239

PAS Property Limited

A company where S A Simons is a director and shareholder.


The following balances exist at the balance sheet date.

31.12.23 31.12.22
£    £   
Amount due from related party at the balance sheet date 679,948 555,239