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REGISTERED NUMBER: 06799257 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Courtlands Property & Investments Ltd

Courtlands Property & Investments Ltd (Registered number: 06799257)






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


Courtlands Property & Investments Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Lady S Sheikh





REGISTERED OFFICE: 28 Queen Elizabeth Drive
Southgate
London
N14 RRD





REGISTERED NUMBER: 06799257 (England and Wales)





ACCOUNTANTS: Thornton Springer LLP
Chartered Accountants
67 Westow Street
London
SE19 3RW

Courtlands Property & Investments Ltd (Registered number: 06799257)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 5 1,194 1,003
Investment property 6 1,753,000 1,753,000
1,754,194 1,754,003

CURRENT ASSETS
Debtors 7 26,109 16,056
Cash at bank 186,254 124,634
212,363 140,690
CREDITORS
Amounts falling due within one year 8 (706,072 ) (683,744 )
NET CURRENT LIABILITIES (493,709 ) (543,054 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,260,485

1,210,949

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve (1,023,484 ) (1,023,484 )
Retained earnings 2,282,969 2,233,433
SHAREHOLDERS' FUNDS 1,260,485 1,210,949

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 her 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.

Courtlands Property & Investments Ltd (Registered number: 06799257)

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 director and authorised for issue on 17 September 2024 and were signed by:





Lady S Sheikh - Director


Courtlands Property & Investments Ltd (Registered number: 06799257)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Courtlands Property & Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation of investment properties at their fair values are recognised in the income statement

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 - 20% on cost

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.

Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties are measured at fair value. The surplus or deficit arising on the revaluation of investment properties at their fair values are recognised in the income statement

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Courtlands Property & Investments Ltd (Registered number: 06799257)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 3,742
Additions 1,174
At 31 December 2023 4,916
DEPRECIATION
At 1 January 2023 2,739
Charge for year 983
At 31 December 2023 3,722
NET BOOK VALUE
At 31 December 2023 1,194
At 31 December 2022 1,003

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 1,753,000
NET BOOK VALUE
At 31 December 2023 1,753,000
At 31 December 2022 1,753,000

Fair value at 31 December 2023 is represented by:
£   
Valuation in 2022 (1,023,484 )
Cost 2,776,484
1,753,000

If investment property had not been revalued it would have been included at the following historical cost:

31.12.23 31.12.22
£    £   
Cost 2,776,484 2,776,484

investment property was valued on an open market basis on 31 December 2023 by Lady S. Sheikh, Director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 26,109 16,056

Courtlands Property & Investments Ltd (Registered number: 06799257)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Tax 12,404 20,025
VAT 6,121 5,855
Directors loan 654,863 654,863
Accruals and deferred income 29,684 -
Accrued expenses 3,000 3,001
706,072 683,744