2023-05-01 00720477 2024-04-30 00720477 2023-05-01 2024-04-30 00720477 2023-04-30 00720477 2022-05-01 2023-04-30 00720477 uk-core:WithinOneYear 2023-04-30 00720477 uk-core:WithinOneYear 2024-04-30 00720477 uk-core:ShareCapital 2024-04-30 00720477 uk-core:ShareCapital 2023-04-30 00720477 uk-core:SharePremium 2024-04-30 00720477 uk-core:SharePremium 2023-04-30 00720477 uk-core:RevaluationReserve 2024-04-30 00720477 uk-core:RevaluationReserve 2023-04-30 00720477 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 00720477 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 00720477 uk-bus:Director1 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure 00720477 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 00720477 uk-bus:FRS102 2023-05-01 2024-04-30 00720477 uk-bus:FilletedAccounts 2023-05-01 2024-04-30 00720477 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
Combined Independents Properties (1990) Limited
Registered Number:00720477
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2024
Combined Independents Properties (1990) Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
00720477
As at 30 April 2024
Combined Independents Properties (1990) Limited
Abridged Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
2
Property, plant and equipment
300,000
300,000
300,000
300,000
Current assets
Trade and other receivables
(11,042)
(11,042)
38,371
Cash and cash equivalents
39,602
28,560
27,329
Trade and other payables: amounts falling due within one
year
(13,207)
(14,724)
14,122
13,836
Net current assets
Total assets less current liabilities
313,836
314,122
313,836
Net assets
314,122
Capital and reserves
Called up share capital
2,375
2,375
Share premium account
40,956
40,956
Revaluation reserve
46,030
46,030
3
Retained earnings
224,475
224,761
313,836
314,122
Shareholders' funds
For the year ended 30 April 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 of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
All the members have consented to the preparation of an Abridged Statement of Financial Position for the year ended 30 April 2024 in accordance with Section 444 (2A) of the Companies Act 2006.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Bernard Litman Director
These financial statements were approved and authorised for issue by the Board on 26 November 2024 and were signed by:
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4
Registered Number :
00720477
For the year ended 30 April 2024
Combined Independents Properties (1990) Limited
Abridged Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 April 2024
Combined Independents Properties (1990) Limited
Notes to the Financial Statements
Statutory Information
Combined Independents Properties (1990) Limited is a private limited company, limited by shares, domiciled in
England and Wales, registration number 00720477.
Registered address:
5 Chigwell Road
London
E18 1LR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
The company''s freehold properties were professionally valued in 0. This valuation has been reduced by subsequent
depreciation. Under the transitional provisions of the Financial Reporting Standard for Smaller Entities (effective
January 2015) the properties continue to be stated at that valuation less accumulated depreciation to date and that
valuation has not been updated.
The company''s freehold properties are revalued in full every five years. Interim valuations are carried out when it is
likely that there has been a material change in value.
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
2. Fixed assets
Property, plant
and
equipment
£
Cost or valuation
At 01 May 2023
300,000
At 30 April 2024
300,000
Net book value
At 30 April 2024
300,000
At 30 April 2023
300,000
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6
For the year ended 30 April 2024
Combined Independents Properties (1990) Limited
Notes to the Financial Statements Continued
3. Reserves
Total
£
Revaluation reserve at 01 May 2023
46,030
46,030
Revaluation reserve at 30 April 2024
4. Average number of persons employed
During the year the average number of employees was 0
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