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REGISTERED NUMBER: 04945468 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2024

FOR

CAVENDISH PROPERTY TRADING LIMITED

CAVENDISH PROPERTY TRADING LIMITED (REGISTERED NUMBER: 04945468)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

CAVENDISH PROPERTY TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 5 APRIL 2024







DIRECTORS: T F Horswell
Mrs T M Horswell





SECRETARY: Mrs T M Horswell





REGISTERED OFFICE: 2 Oakfield Road
Clifton
Bristol
BS8 2AL





REGISTERED NUMBER: 04945468 (England and Wales)





ACCOUNTANTS: PJE Chartered Accountants
2 Oakfield Road
Clifton
Bristol
BS8 2AL

CAVENDISH PROPERTY TRADING LIMITED (REGISTERED NUMBER: 04945468)

BALANCE SHEET
5 APRIL 2024

5.4.24 5.4.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 915,378 900,000

CURRENT ASSETS
Debtors 5 71,262 70,918
Cash at bank 97,296 67,191
168,558 138,109
CREDITORS
Amounts falling due within one year 6 15,502 11,485
NET CURRENT ASSETS 153,056 126,624
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,068,434

1,026,624

CREDITORS
Amounts falling due after more than one
year

7

(362,700

)

(362,700

)

PROVISIONS FOR LIABILITIES (50,545 ) (46,700 )
NET ASSETS 655,189 617,224

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 655,187 617,222
655,189 617,224

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

CAVENDISH PROPERTY TRADING LIMITED (REGISTERED NUMBER: 04945468)

BALANCE SHEET - continued
5 APRIL 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 12 November 2024 and were signed on its behalf by:





T F Horswell - Director


CAVENDISH PROPERTY TRADING LIMITED (REGISTERED NUMBER: 04945468)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2024


1. STATUTORY INFORMATION

Cavendish Property Trading 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 NIL (2023 - NIL).

CAVENDISH PROPERTY TRADING LIMITED (REGISTERED NUMBER: 04945468)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 6 April 2023 900,000
Additions 15,378
At 5 April 2024 915,378
NET BOOK VALUE
At 5 April 2024 915,378
At 5 April 2023 900,000

In September 2019 the property was revalued at £900,000 by the directors of the company.

Fair value at 5 April 2024 is represented by:
£   
Valuation in 2018 935,000
Valuation in 2019 (35,000 )
Valuation in 2024 15,378
915,378

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Trade debtors 70,000 70,000
Other debtors 1,262 918
71,262 70,918

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Taxation and social security 10,694 9,434
Other creditors 4,808 2,051
15,502 11,485

CAVENDISH PROPERTY TRADING LIMITED (REGISTERED NUMBER: 04945468)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
5.4.24 5.4.23
£    £   
Bank loans 362,700 362,700

8. SECURED DEBTS

The bank loans are secured by a debenture against the properties held.

9. RELATED PARTY DISCLOSURES

Mr T F Horswell and Mrs T Horswell, the directors and shareholders of Cavendish Property Trading Limited are the partners of Cavendish Developments.

Included within creditors is a director's loan account in the amount of £2,887 (2023: £254) due to the
directors.

10. ULTIMATE CONTROLLING PARTY

The company is under joint control of the directors.

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CAVENDISH PROPERTY TRADING LIMITED


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 and certain other primary statements and the Report of the Directors are 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 Cavendish Property Trading Limited for the year ended 5 April 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 Cavendish Property Trading Limited, 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 Cavendish Property Trading Limited and state those matters that we have agreed to state to the Board of Directors of Cavendish Property Trading Limited, 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 Cavendish Property Trading Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cavendish Property Trading Limited 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 profit of Cavendish Property Trading Limited. You consider that Cavendish Property Trading Limited 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 Cavendish Property Trading Limited. 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.






PJE Chartered Accountants
2 Oakfield Road
Clifton
Bristol
BS8 2AL


12 November 2024