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REGISTERED NUMBER: 10654230 (England and Wales)








CORTONA PROPERTY GROUP LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






CORTONA PROPERTY GROUP LTD (BY SHARES) (REGISTERED NUMBER: 10654230)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 January 2024










Page

Company Information 1

Balance Sheet 2

Chartered Accountants' Report 4

CORTONA PROPERTY GROUP LTD (BY SHARES)

COMPANY INFORMATION
for the year ended 31 January 2024







DIRECTORS: O J Potton
Mrs C Potton





REGISTERED OFFICE: Ashbourne House
The Guildway
Old Portsmouth Road
Guildford
Surrey
GU3 1LR





REGISTERED NUMBER: 10654230 (England and Wales)





ACCOUNTANTS: Bessler Hendrie LLP
Chartered Accountants
Ashbourne House
The Guildway
Old Portsmouth Road
Guildford
Surrey
GU3 1LR

CORTONA PROPERTY GROUP LTD (BY SHARES) (REGISTERED NUMBER: 10654230)

BALANCE SHEET
31 January 2024

2024 2023
£ £
FIXED ASSETS 285,644 285,828

CURRENT ASSETS 24,803 70,989

CREDITORS
Amounts falling due within one year (78,968 ) (72,750 )
NET CURRENT LIABILITIES (54,165 ) (1,761 )
TOTAL ASSETS LESS CURRENT LIABILITIES 231,479 284,067

CREDITORS
Amounts falling due after more than one year (246,240 ) (292,240 )
NET LIABILITIES (14,761 ) (8,173 )

CAPITAL AND RESERVES (14,761 ) (8,173 )

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was NIL (2023 - NIL).

2. FIXED CHARGE

The Mortgage Lender Limited holds a fixed charge over the single property owned by the company in respect of the company's mortgage which totalled £194,340 at the year end. The loan is interest only and repayable in May 2051.



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

The members have not required the company to obtain an audit of its financial statements for the year 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.

CORTONA PROPERTY GROUP LTD (BY SHARES) (REGISTERED NUMBER: 10654230)

BALANCE SHEET - continued
31 January 2024


The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 17 October 2024 and were signed on its behalf by:





O J Potton - Director


CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CORTONA PROPERTY GROUP LTD (BY SHARES)


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cortona Property Group Ltd for the year ended 31 January 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Cortona Property Group Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cortona Property Group Ltd and state those matters that we have agreed to state to the Board of Directors of Cortona Property Group Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cortona Property Group Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cortona Property Group Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Cortona Property Group Ltd. You consider that Cortona Property Group Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cortona Property Group Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report should not be regarded as suitable to be used or relied on by any other party wishing to acquire any rights against Bessler Hendrie LLP for any purpose or in any context. Any party, other than the Directors, who obtain access to this report or a copy and chooses to rely on this report (or any part of it) will do so at its own risk.






Bessler Hendrie LLP
Chartered Accountants
Ashbourne House
The Guildway
Old Portsmouth Road
Guildford
Surrey
GU3 1LR


17 October 2024