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REGISTERED NUMBER: 13226447 (England and Wales)















Unaudited Financial Statements

for the Period 1 March 2023 to 31 January 2024

for

Cullen & Foley Property Ltd

Cullen & Foley Property Ltd (Registered number: 13226447)






Contents of the Financial Statements
for the Period 1 March 2023 to 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Cullen & Foley Property Ltd

Company Information
for the Period 1 March 2023 to 31 January 2024







DIRECTORS: N T Cullen
J M Foley





REGISTERED OFFICE: 36 Warren Court
Southport
Merseyside
PR8 2DE





REGISTERED NUMBER: 13226447 (England and Wales)





ACCOUNTANTS: EBA
Ground Floor
Rear Barn
The Brookdale Centre
Knutsford
Cheshire
WA16 0SR

Cullen & Foley Property Ltd (Registered number: 13226447)

Balance Sheet
31 January 2024

31.1.24 28.2.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 310 147

CURRENT ASSETS
Debtors 5 2,153 10,854
Cash at bank 6,659 7,402
8,812 18,256
CREDITORS
Amounts falling due within one year 6 4,339 12,302
NET CURRENT ASSETS 4,473 5,954
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,783

6,101

PROVISIONS FOR LIABILITIES 79 48
NET ASSETS 4,704 6,053

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,604 5,953
4,704 6,053

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 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 1 August 2024 and were signed on its behalf by:




N T Cullen - Director


Cullen & Foley Property Ltd (Registered number: 13226447)

Notes to the Financial Statements
for the Period 1 March 2023 to 31 January 2024

1. STATUTORY INFORMATION

Cullen & Foley Property Ltd 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.

The company is able to meet its day to day trading needs with the ongoing support of its creditors and, as such, the directors consider that the company is trading as a going concern.

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 etc - 33% on cost

Taxation
Taxation for the period 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 period 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 period was NIL (2023 - NIL).

Cullen & Foley Property Ltd (Registered number: 13226447)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 March 2023 441
Additions 429
At 31 January 2024 870
DEPRECIATION
At 1 March 2023 294
Charge for period 266
At 31 January 2024 560
NET BOOK VALUE
At 31 January 2024 310
At 28 February 2023 147

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 28.2.23
£ £
Other debtors 2,153 10,854

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 28.2.23
£ £
Amounts owed to group undertakings - 6,337
Taxation and social security 132 1,560
Other creditors 4,207 4,405
4,339 12,302

7. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.