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REGISTERED NUMBER: 00412798 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CADOGAN HOUSE LIMITED

CADOGAN HOUSE LIMITED (REGISTERED NUMBER: 00412798)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CADOGAN HOUSE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Y M Tucker
L K Tucker





REGISTERED OFFICE: The Barley House
Devauden
Chepstow
Monmouthshire
NP16 6PP





REGISTERED NUMBER: 00412798 (England and Wales)





ACCOUNTANTS: Graham Paul Limited
Court House
Court Road
Bridgend
CF31 1BE

CADOGAN HOUSE LIMITED (REGISTERED NUMBER: 00412798)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 619 680
Investment property 5 1,600,000 1,600,000
1,600,619 1,600,680

CURRENT ASSETS
Cash at bank 17,887 27,970

CREDITORS
Amounts falling due within one year 6 99,001 108,293
NET CURRENT LIABILITIES (81,114 ) (80,323 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,519,505

1,520,357

CREDITORS
Amounts falling due after more than one
year

7

(165,180

)

(224,226

)

PROVISIONS FOR LIABILITIES (69,026 ) (69,026 )
NET ASSETS 1,285,299 1,227,105

CAPITAL AND RESERVES
Called up share capital 410 410
Fair value reserve 9 660,450 660,450
Retained earnings 624,439 566,245
SHAREHOLDERS' FUNDS 1,285,299 1,227,105

CADOGAN HOUSE LIMITED (REGISTERED NUMBER: 00412798)

BALANCE SHEET - continued
31 MARCH 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 14 November 2024 and were signed on its behalf by:





Y M Tucker - Director


CADOGAN HOUSE LIMITED (REGISTERED NUMBER: 00412798)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Cadogan House 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net rents received during the year. Turnover is recognised for the period the properties were occupied during the year.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price plus any costs directly attributable to making the asset capable of operating as and where intended.

Depreciation is provided at the following annual rates in order to write off the cost, less estimated residual value, of each asset on a systematic basis over its estimated useful life, (or if held under a finance lease, over the lease term, whichever is shorter):

Fixtures and equipment - 10-50%

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.


CADOGAN HOUSE LIMITED (REGISTERED NUMBER: 00412798)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
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. TANGIBLE FIXED ASSETS
Fixtures
& equipment
£   
COST
At 1 April 2023 63,581
Additions 338
At 31 March 2024 63,919
DEPRECIATION
At 1 April 2023 62,901
Charge for year 399
At 31 March 2024 63,300
NET BOOK VALUE
At 31 March 2024 619
At 31 March 2023 680

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 1,600,000
NET BOOK VALUE
At 31 March 2024 1,600,000
At 31 March 2023 1,600,000

CADOGAN HOUSE LIMITED (REGISTERED NUMBER: 00412798)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. INVESTMENT PROPERTY - continued

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2007 1,086,759
Valuation in 2008 (12,081 )
Valuation in 2009 60,390
Valuation in 2010 (81,592 )
Valuation in 2011 (9,000 )
Valuation in 2012 (49,950 )
Valuation in 2015 (659,050 )
Valuation in 2019 394,000
Cost 870,524
1,600,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 870,524 870,524

The investment properties were valued on an open market basis on 16 September 2019 by Allied Surveyors & Valuers Ltd .

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 56,975 57,022
Taxation and social security 15,902 14,347
Other creditors 26,124 36,924
99,001 108,293

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 165,180 224,226

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 52,982 64,746

CADOGAN HOUSE LIMITED (REGISTERED NUMBER: 00412798)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 222,155 281,248

Bank borrowings are secured on the freehold property of the company.

9. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 660,450