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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
Page
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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
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Cambrian Property Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,275,000 
1,275,000 
Current assets
Debtors
540 
10,137 
Cash at bank and in hand
130 
704 
670 
10,841 
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 
Capital and reserves
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
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Cambrian Property Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Investment property
2024 
£ 
Fair value at 1 April 2023
1,275,000 
At 31 March 2024
1,275,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Accrued income and prepayments
- 
9,597 
Other debtors
540 
540 
540 
10,137 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
134 
4,000 
Other creditors
23,647 
31,676 
Accruals
900 
2,090 
24,681 
37,766 
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).
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