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REGISTERED NUMBER: 02038876 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Cheetah Properties Limited

Cheetah Properties Limited (Registered number: 02038876)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cheetah Properties Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs N A Williams
B J Williams





SECRETARY: B J Williams





REGISTERED OFFICE: Manor Farm
Powder Mill Lane
Leigh
Tonbridge
Kent
TN11 9AS





REGISTERED NUMBER: 02038876 (England and Wales)





ACCOUNTANTS: Amherst Accountancy
Room 2
1st Floor
7 Bligh's Walk
Sevenoaks
Kent
TN13 1DB

Cheetah Properties Limited (Registered number: 02038876)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 85,199 111,091
Investment property 5 1,014,709 1,014,709
1,099,908 1,125,800

CURRENT ASSETS
Debtors 6 5,303 2,650
Cash at bank 44,270 20,164
49,573 22,814
CREDITORS
Amounts falling due within one year 7 27,448 22,851
NET CURRENT ASSETS/(LIABILITIES) 22,125 (37 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,122,033

1,125,763

PROVISIONS FOR LIABILITIES 1,900 1,900
NET ASSETS 1,120,133 1,123,863

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Fair value reserve 9 499,246 499,246
Retained earnings 9 619,887 623,617
SHAREHOLDERS' FUNDS 1,120,133 1,123,863

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Cheetah Properties Limited (Registered number: 02038876)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 September 2024 and were signed on its behalf by:





B J Williams - Director


Cheetah Properties Limited (Registered number: 02038876)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Cheetah Properties 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 as modified by the revaluation of certain assets.

Turnover
The turnover in the profit and loss account represents rentals receivable and other service charges and income.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Cheetah Properties Limited (Registered number: 02038876)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023 111,091
Disposals (25,892 )
At 31 March 2024 85,199
NET BOOK VALUE
At 31 March 2024 85,199
At 31 March 2023 111,091

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 1,014,709
NET BOOK VALUE
At 31 March 2024 1,014,709
At 31 March 2023 1,014,709

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2014 340,000
Valuation in 2015 370,800
Valuation in 2019 (360,800 )
Valuation in 2021 287,209
Valuation in 2022 377,500
1,014,709

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 4,321 1,821
Other debtors 982 829
5,303 2,650

Cheetah Properties Limited (Registered number: 02038876)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 7 8
Taxation and social security 12,651 5,975
Other creditors 14,790 16,868
27,448 22,851

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2023 623,617 499,246 1,122,863
Profit for the year 46,270 46,270
Dividends (50,000 ) (50,000 )
At 31 March 2024 619,887 499,246 1,119,133