Company Registration No. 12443131 (England and Wales)
C.I.L. Property Limited
Filleted Accounts
for the year ended 29 February 2024
C.I.L. Property Limited
Filleted Accounts
Contents
C.I.L. Property Limited
Company Information
for the year ended 29 February 2024
Company Number
12443131 (England and Wales)
Registered Office
Sapphire House
73 St Margarets Avenue
Whetstone
London
N20 9LD
Accountants
Lacome & Co
Chartered Accountants
Sapphire House
73 St.Margarets Avenue
London
N20 9LD
C.I.L. Property Limited
Statement of financial position
as at 29 February 2024
Tangible assets
1,372
1,715
Investment property
425,859
425,859
Cash at bank and in hand
1,078
1,189
Creditors: amounts falling due within one year
(212,907)
(211,654)
Net current liabilities
(211,829)
(210,465)
Total assets less current liabilities
215,402
217,109
Creditors: amounts falling due after more than one year
(232,228)
(232,252)
Net liabilities
(16,826)
(15,143)
Called up share capital
100
100
Profit and loss account
(16,926)
(15,243)
Shareholders' funds
(16,826)
(15,143)
For the year ending 29 February 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 her 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 20 November 2024 and were signed on its behalf by
Miss O.T. Harper
Director
Company Registration No. 12443131
C.I.L. Property Limited
Notes to the Accounts
for the year ended 29 February 2024
C.I.L. Property Limited is a private company, limited by shares, registered in England and Wales, registration number 12443131. The registered office is Sapphire House, 73 St Margarets Avenue, Whetstone, London, N20 9LD.
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 remained unchanged from the previous year, and also 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.
Turnover represents net invoiced fees receivable, excluding Value Added Tax.
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:
Fixtures & fittings
25% on reducing balance
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 March 2023
425,859
At 29 February 2024
425,859
C.I.L. Property Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
8,797
8,773
Other creditors
201,974
200,974
Loans from directors
302
94
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
232,228
232,252
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).