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Company Registration No. 13371085 (England and Wales)
Cotswold Property Partners Limited Unaudited accounts for the year ended 31 March 2024
Cotswold Property Partners Limited Unaudited accounts Contents
Page
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Cotswold Property Partners Limited Company Information for the year ended 31 March 2024
Director
Colette Jennifer Thompson
Company Number
13371085 (England and Wales)
Registered Office
39 Oxford Hill Witney OX28 3JU England
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Cotswold Property Partners Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,756 
11,246 
Investments
45,000 
- 
52,756 
11,246 
Current assets
Debtors
29,351 
24,635 
Cash at bank and in hand
20,589 
42,556 
49,940 
67,191 
Creditors: amounts falling due within one year
(20,993)
- 
Net current assets
28,947 
67,191 
Total assets less current liabilities
81,703 
78,437 
Creditors: amounts falling due after more than one year
(122,416)
(85,153)
Net liabilities
(40,713)
(6,716)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(40,813)
(6,816)
Shareholders' funds
(40,713)
(6,716)
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 director acknowledges his 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 and authorised for issue on 11 November 2024 and were signed on its behalf by
Colette Jennifer Thompson Director Company Registration No. 13371085
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Cotswold Property Partners Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Cotswold Property Partners Limited is a private company, limited by shares, registered in England and Wales, registration number 13371085. The registered office is 39 Oxford Hill, Witney, OX28 3JU, 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.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Cotswold Property Partners Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
800 
12,779 
2,203 
15,782 
At 31 March 2024
800 
12,779 
2,203 
15,782 
Depreciation
At 1 April 2023
350 
3,700 
486 
4,536 
Charge for the year
200 
2,556 
734 
3,490 
At 31 March 2024
550 
6,256 
1,220 
8,026 
Net book value
At 31 March 2024
250 
6,523 
983 
7,756 
At 31 March 2023
450 
9,079 
1,717 
11,246 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2023
- 
Additions
45,000 
Valuation at 31 March 2024
45,000 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,859 
4,720 
Deferred tax asset
10,023 
5,049 
Accrued income and prepayments
- 
3,282 
Other debtors
11,469 
11,584 
29,351 
24,635 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
6,974 
- 
Other creditors
14,019 
- 
20,993 
- 
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Cotswold Property Partners Limited Notes to the Accounts for the year ended 31 March 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Trade creditors
- 
1,127 
Amounts owed to group undertakings and other participating interests
44,165 
- 
Other creditors
50,288 
46,719 
Loans from directors
27,963 
10,787 
Deferred income
- 
26,520 
122,416 
85,153 
9
Transactions with related parties
As at the year end, the company owes an intercompany balance of £44,165.15 to its connected company - CPP Holdings Ltd. Additionally the company owes an intercompany balance of £27,154.28 to its connected company - Craig & Colette. The loans are unsecure, interest free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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