Combined Independents Properties (1990) Limited |
Registered Number:00720477 |
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
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
Combined Independents Properties (1990) Limited
Abridged Statement of Financial Position
2023
2024
2
Property, plant and equipment |
300,000
300,000
300,000
300,000
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
2,375
2,375
40,956
40,956
46,030
46,030
3
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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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 |
2 of 4
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. |
5 Chigwell Road
London
E18 1LR
The presentation currency is £ sterling. |
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. |
Property, plant |
and |
equipment |
300,000
300,000
300,000
300,000
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For the year ended 30 April 2024
Combined Independents Properties (1990) Limited
Notes to the Financial Statements Continued
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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