IRIS Accounts Production v24.2.0.383 03452103 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh034521032023-03-31034521032024-03-31034521032023-04-012024-03-31034521032022-03-31034521032022-04-012023-03-31034521032023-03-3103452103ns15:EnglandWales2023-04-012024-03-3103452103ns14:PoundSterling2023-04-012024-03-3103452103ns10:Director12023-04-012024-03-3103452103ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3103452103ns10:SmallEntities2023-04-012024-03-3103452103ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3103452103ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3103452103ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3103452103ns10:FullAccounts2023-04-012024-03-3103452103ns10:Director22023-04-012024-03-3103452103ns10:Director32023-04-012024-03-3103452103ns10:RegisteredOffice2023-04-012024-03-3103452103ns5:CurrentFinancialInstruments2024-03-3103452103ns5:CurrentFinancialInstruments2023-03-3103452103ns5:Non-currentFinancialInstruments2024-03-3103452103ns5:Non-currentFinancialInstruments2023-03-3103452103ns5:ShareCapital2024-03-3103452103ns5:ShareCapital2023-03-3103452103ns5:SharePremium2024-03-3103452103ns5:SharePremium2023-03-3103452103ns5:RetainedEarningsAccumulatedLosses2024-03-3103452103ns5:RetainedEarningsAccumulatedLosses2023-03-3103452103ns5:PlantMachinery2023-04-012024-03-3103452103ns5:FurnitureFittings2023-04-012024-03-3103452103ns5:MotorVehicles2023-04-012024-03-3103452103ns5:PlantMachinery2023-03-3103452103ns5:FurnitureFittings2023-03-3103452103ns5:MotorVehicles2023-03-3103452103ns5:PlantMachinery2024-03-3103452103ns5:FurnitureFittings2024-03-3103452103ns5:MotorVehicles2024-03-3103452103ns5:PlantMachinery2023-03-3103452103ns5:FurnitureFittings2023-03-3103452103ns5:MotorVehicles2023-03-3103452103ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-03-3103452103ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-3103452103ns5:LeasedAssetsHeldAsLessee2023-03-3103452103ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-04-012024-03-3103452103ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-04-012024-03-3103452103ns5:LeasedAssetsHeldAsLessee2023-04-012024-03-3103452103ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-03-3103452103ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-03-3103452103ns5:LeasedAssetsHeldAsLessee2024-03-3103452103ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-03-3103452103ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-3103452103ns5:LeasedAssetsHeldAsLessee2023-03-3103452103ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3103452103ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3103452103ns5:DeferredTaxation2023-03-3103452103ns5:DeferredTaxation2024-03-31
REGISTERED NUMBER: 03452103 (England and Wales)















COURT PROPERTY DEVELOPERS LIMITED

Unaudited Financial Statements for the Year Ended 31 March 2024






COURT PROPERTY DEVELOPERS LIMITED (REGISTERED NUMBER: 03452103)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 4 to 6


COURT PROPERTY DEVELOPERS LIMITED

Company Information
for the year ended 31 March 2024







Directors: R A Pendleton
S J Pendleton
M A Philpotts





Registered office: Priors Court
Lower Ferry Lane
Callow End
Worcester
WR2 4TJ





Registered number: 03452103 (England and Wales)





Accountants: Cooper Parry Advisory Limited
CUBO Birmingham
3rd Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Court Property Developers Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Court Property Developers Limited for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Court Property Developers Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Court Property Developers Limited and state those matters that we have agreed to state to the Board of Directors of Court Property Developers Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Court Property Developers Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Court Property Developers Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Court Property Developers Limited. You consider that Court Property Developers Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Court Property Developers Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cooper Parry Advisory Limited
CUBO Birmingham
3rd Floor
Two Chamberlain Square
Birmingham
West Midlands
B3 3AX


16 July 2024

COURT PROPERTY DEVELOPERS LIMITED (REGISTERED NUMBER: 03452103)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 192,112 218,364

Current assets
Stocks 5 1,350,568 903,677
Debtors 6 55,424 115,623
Cash at bank 24,753 222,611
1,430,745 1,241,911
Creditors
Amounts falling due within one year 7 1,080,190 767,377
Net current assets 350,555 474,534
Total assets less current liabilities 542,667 692,898

Creditors
Amounts falling due after more than one year 8 (103,799 ) (73,844 )

Provisions for liabilities 9 (36,501 ) (41,481 )
Net assets 402,367 577,573

Capital and reserves
Called up share capital 294,826 294,826
Share premium 30,011 30,011
Retained earnings 77,530 252,736
Shareholders' funds 402,367 577,573

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.

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 16 July 2024 and were signed on its behalf by:



R A Pendleton - Director


COURT PROPERTY DEVELOPERS LIMITED (REGISTERED NUMBER: 03452103)

Notes to the Financial Statements
for the year ended 31 March 2024

1. Statutory information

Court Property Developers 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost
Motor vehicles - 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

COURT PROPERTY DEVELOPERS LIMITED (REGISTERED NUMBER: 03452103)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

3. Employees and directors

The average number of employees during the year was 10 (2023 - 11 ) .

4. Tangible fixed assets
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
Cost
At 1 April 2023 235,078 21,898 189,829 446,805
Additions - 375 - 375
At 31 March 2024 235,078 22,273 189,829 447,180
Depreciation
At 1 April 2023 137,158 16,922 74,361 228,441
Charge for year 15,600 734 10,293 26,627
At 31 March 2024 152,758 17,656 84,654 255,068
Net book value
At 31 March 2024 82,320 4,617 105,175 192,112
At 31 March 2023 97,920 4,976 115,468 218,364

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
Cost
At 1 April 2023
and 31 March 2024 90,354 131,098 221,452
Depreciation
At 1 April 2023 22,996 18,505 41,501
Charge for year 9,036 10,293 19,329
At 31 March 2024 32,032 28,798 60,830
Net book value
At 31 March 2024 58,322 102,300 160,622
At 31 March 2023 67,358 112,593 179,951

5. Stocks
2024 2023
£    £   
Stocks 1,350,568 903,677

COURT PROPERTY DEVELOPERS LIMITED (REGISTERED NUMBER: 03452103)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

6. Debtors
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 2,721 -
Other debtors 21,839 21,839
Tax - 24,872
VAT 28,228 37,797
Accrued income - 25,000
52,788 109,508

Amounts falling due after more than one year:
Amounts owed by group undertakings 2,636 6,115

Aggregate amounts 55,424 115,623

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Hire purchase contracts 28,042 34,416
Trade creditors 90,794 212,571
Social security and other taxes 9,467 9,881
Other creditors 949,863 507,891
Accrued expenses 2,024 2,618
1,080,190 767,377

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Hire purchase contracts 21,596 51,950
Amounts owed to group undertakings 20,403 20,403
Directors' loan accounts 61,800 1,491
103,799 73,844

9. Provisions for liabilities
2024 2023
£    £   
Deferred tax 36,501 41,481

Deferred
tax
£   
Balance at 1 April 2023 41,481
Movement (4,980 )
Balance at 31 March 2024 36,501