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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
Page
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C.I.L. Property Limited Company Information for the year ended 29 February 2024
Director
Miss O.T. Harper
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
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C.I.L. Property Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,372 
1,715 
Investment property
425,859 
425,859 
427,231 
427,574 
Current assets
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)
Capital and reserves
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
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C.I.L. Property Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
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.
Turnover
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 
£ 
Cost or valuation
At cost 
At 1 March 2023
2,286 
Additions
114 
At 29 February 2024
2,400 
Depreciation
At 1 March 2023
571 
Charge for the year
457 
At 29 February 2024
1,028 
Net book value
At 29 February 2024
1,372 
At 28 February 2023
1,715 
5
Investment property
2024 
£ 
Fair value at 1 March 2023
425,859 
At 29 February 2024
425,859 
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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 
Accruals
1,834 
1,813 
212,907 
211,654 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
232,228 
232,252 
8
Share capital
2024 
2023 
£ 
£ 
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).
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