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REGISTERED NUMBER: 12437707 (England and Wales)














Unaudited Financial Statements

for the Year Ended 29 February 2024

for

Cheshire Demolition Properties Limited

Cheshire Demolition Properties Limited (Registered number: 12437707)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Cheshire Demolition Properties Limited (Registered number: 12437707)

Balance Sheet
29 February 2024

2024 2023
as restated
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 2,138,842 2,138,842

CURRENT ASSETS
Debtors 5 54,569 76,467
Cash at bank and in hand 153,823 127,424
208,392 203,891
CREDITORS
Amounts falling due within one year 6 144,560 36,881
NET CURRENT ASSETS 63,832 167,010
TOTAL ASSETS LESS CURRENT LIABILITIES 2,202,674 2,305,852

CAPITAL AND RESERVES
Called up share capital 1,789,732 1,789,732
Retained earnings 412,942 516,120
SHAREHOLDERS' FUNDS 2,202,674 2,305,852

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by:





F S Swindells - Director


Cheshire Demolition Properties Limited (Registered number: 12437707)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Cheshire Demolition Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12437707

Registered office: Victora Mill
Foundry Bank
Congleton
CW12 1EE

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.

Turnover
Revenue comprises the aggregate of the fair value of the rental services provided, net of value added tax. Revenue is recognised as those services are provided to the occupants of the property.

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 Profit and Loss Account, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 9 ) .

Cheshire Demolition Properties Limited (Registered number: 12437707)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023
and 29 February 2024 2,138,842
NET BOOK VALUE
At 29 February 2024 2,138,842
At 28 February 2023 2,138,842

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade debtors 26,311 16,439
Other debtors 28,258 60,028
54,569 76,467

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
as restated
£    £   
Trade creditors 6,155 11,236
Taxation and social security 18,321 19,829
Other creditors 120,084 5,816
144,560 36,881