Company Registration No. 11744513 (England and Wales)
Cambrian Property Ltd
Unaudited accounts
for the year ended 31 March 2024
Cambrian Property Ltd
Unaudited accounts
Contents
Cambrian Property Ltd
Company Information
for the year ended 31 March 2024
Directors
Henry Richard Read
Natalie Elizabeth Read
Company Number
11744513 (England and Wales)
Registered Office
40 South Road
Sully
Penarth
South Glamorgan
CF64 5TG
Wales
Accountants
LE Accounting Ltd
86 Jeffreys Road
WREXHAM
LL12 7PG
Cambrian Property Ltd
Statement of financial position
as at 31 March 2024
Investment property
1,275,000
1,275,000
Cash at bank and in hand
130
704
Creditors: amounts falling due within one year
(24,681)
(37,766)
Net current liabilities
(24,011)
(26,925)
Total assets less current liabilities
1,250,989
1,248,075
Creditors: amounts falling due after more than one year
(795,434)
(792,064)
Provisions for liabilities
Deferred tax
(28,939)
(28,939)
Net assets
426,616
427,072
Called up share capital
2,000
2,000
Share premium
365,502
365,502
Profit and loss account
59,114
59,570
Shareholders' funds
426,616
427,072
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2024 and were signed on its behalf by
Henry Richard Read
Director
Company Registration No. 11744513
Cambrian Property Ltd
Notes to the Accounts
for the year ended 31 March 2024
Cambrian Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 11744513. The registered office is 40 South Road, Sully, Penarth, South Glamorgan, CF64 5TG, Wales.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 April 2023
1,275,000
At 31 March 2024
1,275,000
Amounts falling due after more than one year
Accrued income and prepayments
-
9,597
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
134
4,000
Other creditors
23,647
31,676
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
795,434
792,064
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).