Company Registration No. 14891693 (England and Wales)
Cavenagh Real Estate Ltd
Unaudited accounts
for the period from 24 May 2023 to 31 March 2024
Cavenagh Real Estate Ltd
Unaudited accounts
Contents
Cavenagh Real Estate Ltd
Company Information
for the period from 24 May 2023 to 31 March 2024
Directors
N Cheah
G Stephens
Company Number
14891693 (England and Wales)
Registered Office
2 Frederick Street
London
London
WC1X 0ND
England
Accountants
Brambillow Accounting Ltd
Brookhouse
Cranoe Road
Welham
Leicestershire
LE16 7UH
Cavenagh Real Estate Ltd
Statement of financial position
as at 31 March 2024
Investment property
186,925
Cash at bank and in hand
435
Creditors: amounts falling due within one year
(191,251)
Net current liabilities
(190,549)
Called up share capital
100
Profit and loss account
(3,724)
Shareholders' funds
(3,624)
For the period 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 4 November 2024 and were signed on its behalf by
G Stephens
Director
Company Registration No. 14891693
Cavenagh Real Estate Ltd
Notes to the Accounts
for the period from 24 May 2023 to 31 March 2024
Cavenagh Real Estate Ltd is a private company, limited by shares, registered in England and Wales, registration number 14891693. The registered office is 2 Frederick Street, London, London, WC1X 0ND, England.
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 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.
Comparative Financial Data
The Company was incorporated on 24 May 2023. Consequently, the period ended 31 March 2024 is the Company's first period of account and there is no comparative financial data.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Amounts falling due within one year
Accrued income and prepayments
267
6
Creditors: amounts falling due within one year
2024
Loans from directors
191,251
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Transactions with related parties
At 31 March 2024, a total amount of £191,251 was due to the Directors from the Company. The following conditions are attached to all amounts due: (1) interest is not charged on any amounts outstanding; (2) no fixed date has been set for the amounts to be repaid to the Directors.
Cavenagh Real Estate Ltd
Notes to the Accounts
for the period from 24 May 2023 to 31 March 2024
8
Average number of employees
During the period the average number of employees was 0.