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REGISTERED NUMBER: 11738294 (England and Wales)



































Unaudited Financial Statements

for the Year Ended 31 December 2023

for

COLEMAN PROPERTIES (YORKSHIRE) LIMITED

COLEMAN PROPERTIES (YORKSHIRE) LIMITED (REGISTERED NUMBER: 11738294)






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


COLEMAN PROPERTIES (YORKSHIRE) LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Jason Christopher Coleman





REGISTERED OFFICE: Cleveland House
1-10 Sitwell Street
KINGSTON UPON HULL
East Yorkshire
HU8 7BE





REGISTERED NUMBER: 11738294 (England and Wales)





ACCOUNTANTS: G & C Professionals Limited
trading as Graham & Company
Chartered Certified Accountants
Cleveland House
1-10 Sitwell Street
KINGSTON UPON HULL
East Yorkshire
HU8 7BE

COLEMAN PROPERTIES (YORKSHIRE) LIMITED (REGISTERED NUMBER: 11738294)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,218,159 3,218,199

CURRENT ASSETS
Debtors 5 293,534 246,883
Cash at bank and in hand 13,301 10,420
306,835 257,303
CREDITORS
Amounts falling due within one year 6 401,512 355,509
NET CURRENT LIABILITIES (94,677 ) (98,206 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,123,482

3,119,993

CREDITORS
Amounts falling due after more than one
year

7

2,637,201

2,582,236
NET ASSETS 486,281 537,757

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 10 485,281 536,757
SHAREHOLDERS' FUNDS 486,281 537,757

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 his 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.

COLEMAN PROPERTIES (YORKSHIRE) LIMITED (REGISTERED NUMBER: 11738294)

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:





Jason Christopher Coleman - Director


COLEMAN PROPERTIES (YORKSHIRE) LIMITED (REGISTERED NUMBER: 11738294)

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

1. STATUTORY INFORMATION

COLEMAN PROPERTIES (YORKSHIRE) 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 represents net invoiced sales of goods and services, excluding value added tax.

Freehold properties
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Fixtures and fittings - 20% on reducing balance

Freehold properties are investment properties which are reviewed on an annual basis
and revalued, where appropriate, so that they are shown on the balance sheet at their open market
value. The valuations are carried out by the company's director. In accordance with Statement of
Standard Accounting Practice Number 19, depreciation is only provided in respect of a permanent fall
in the value of the company's investment properties. These properties are held for their investment
potential and the director considers that the adoption of this policy is necessary in order to give a true
and fair view.

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.

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.

COLEMAN PROPERTIES (YORKSHIRE) LIMITED (REGISTERED NUMBER: 11738294)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Office
Fixtures and
Freehold and computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 January 2023
and 31 December 2023 3,157,999 60,000 528 3,218,527
DEPRECIATION
At 1 January 2023 - - 328 328
Charge for year - - 40 40
At 31 December 2023 - - 368 368
NET BOOK VALUE
At 31 December 2023 3,157,999 60,000 160 3,218,159
At 31 December 2022 3,157,999 60,000 200 3,218,199

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 66,567 14,180
Other debtors 218,985 225,011
Prepayments 7,982 7,692
293,534 246,883

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts (see note 8) 10,000 10,000
Trade creditors 3,328 3,593
Corporation tax 5,527 4,867
Social security and other taxes 250 126
Other creditors 370,913 327,296
Directors' loan accounts 1,582 1,896
Accrued expenses 9,912 7,731
401,512 355,509

COLEMAN PROPERTIES (YORKSHIRE) LIMITED (REGISTERED NUMBER: 11738294)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans (see note 8) 19,089 28,879
Other loans (see note 8) 2,618,112 2,553,357
2,637,201 2,582,236

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Property mortgages 2,618,112 2,553,357

8. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans payable in less
than one year 10,000 10,000
10,000 10,000

Amounts falling due between one and two years:
Bank loans payable in one to two years 10,000 10,000

Amounts falling due between two and five years:
Bank loans payable in two to five years 9,089 18,879

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Property mortgages 2,618,112 2,553,357

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
250 A Ordinary £1 250 250
250 B Ordinary £1 250 250
500 Convertible Redeemable Prefere £1 500 500
1,000 1,000

COLEMAN PROPERTIES (YORKSHIRE) LIMITED (REGISTERED NUMBER: 11738294)

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

10. RESERVES
Retained
earnings
£   

At 1 January 2023 536,757
Profit for the year 23,524
Dividends (75,000 )
At 31 December 2023 485,281