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REGISTERED NUMBER: 11203454 (England and Wales)







Unaudited Financial Statements

for the Year Ended 29 February 2024

for

CPH Developments Limited

CPH Developments Limited (Registered number: 11203454)

Contents of the Financial Statements
for the Year Ended 29 February 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CPH Developments Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mrs H L Ackroyd
C S Ackroyd





SECRETARY:





REGISTERED OFFICE: 61 Wakefield Road
Hipperholme
Halifax
West Yorkshire
HX3 8AQ





REGISTERED NUMBER: 11203454 (England and Wales)





ACCOUNTANTS: Lindley Adams Limited Chartered Accountants
28 Prescott Street
Halifax
West Yorkshire
HX1 2LG

CPH Developments Limited (Registered number: 11203454)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 500,000 500,000

CURRENT ASSETS
Debtors 5 80,790 72,880
Cash at bank 608 1,089
81,398 73,969
CREDITORS
Amounts falling due within one year 6 118,897 106,608
NET CURRENT LIABILITIES (37,499 ) (32,639 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

462,501

467,361

CREDITORS
Amounts falling due after more than one
year

7

(424,913

)

(428,033

)

PROVISIONS FOR LIABILITIES (23,648 ) (23,648 )
NET ASSETS 13,940 15,680

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 100,814 100,814
Retained earnings (86,974 ) (85,234 )
13,940 15,680

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

CPH Developments Limited (Registered number: 11203454)

Balance Sheet - continued
29 February 2024


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 Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by:





Mrs H L Ackroyd - Director


CPH Developments Limited (Registered number: 11203454)

Notes to the Financial Statements
for the Year Ended 29 February 2024


1. STATUTORY INFORMATION

CPH Developments 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023
and 29 February 2024 500,000
NET BOOK VALUE
At 29 February 2024 500,000
At 28 February 2023 500,000

CPH Developments Limited (Registered number: 11203454)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


4. INVESTMENT PROPERTY - continued

Fair value at 29 February 2024 is represented by:
£   
Valuation in 2021 124,462
Cost 375,538
500,000

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

29.2.24 28.2.23
£    £   
Cost 375,538 375,538
Aggregate depreciation (45,060 ) (37,550 )

The investment property was valued on an open market basis on 29 February 2024 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Other debtors 80,332 72,771
Tax 322 -
Prepayments 136 109
80,790 72,880

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts 1,366 2,049
Trade creditors 720 2,753
Taxation and social security - 2,188
Other creditors 116,811 99,618
118,897 106,608

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts - 1,366
Other creditors 424,913 426,667
424,913 428,033

CPH Developments Limited (Registered number: 11203454)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024


8. RESERVES
Fair
value
reserve
£   
At 1 March 2023
and 29 February 2024 100,814