Company Registration No. 12496278 (England and Wales)
CP LAND LTD
financial accounts
for the year ended 31 March 2024
CP LAND LTD
financial accounts
Contents
CP LAND LTD
Company Information
for the year ended 31 March 2024
Secretary
AMY ANNESLEY PEARSE
Company Number
12496278 (England and Wales)
Registered Office
124 PRIME LAND
WHITECHAPEL ROAD
LONDON
E1 1JE
ENGLAND
Accountants
CITYGATE CERTIFIED ACCOUNTANTS
EAST LONDON BUSINESS CENTRE
93-101 GREENFIELD ROAD
LONDON
E1 1EJ
CP LAND LTD
Statement of financial position
as at 31 March 2024
Tangible assets
1,044
1,160
Investment property
630,000
630,000
Cash at bank and in hand
40,721
31,001
Creditors: amounts falling due within one year
(198,954)
(203,126)
Net current liabilities
(158,233)
(172,125)
Total assets less current liabilities
472,811
459,035
Creditors: amounts falling due after more than one year
(420,053)
(420,053)
Called up share capital
10,000
10,000
Profit and loss account
42,758
28,982
Shareholders' funds
52,758
38,982
For the year ending 31 March 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 his 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 13 November 2024 and were signed on its behalf by
CHARLES PEARSE
Director
Company Registration No. 12496278
CP LAND LTD
Notes to the Accounts
for the year ended 31 March 2024
CP LAND LTD is a private company, limited by shares, registered in England and Wales, registration number 12496278. The registered office is 124 PRIME LAND, WHITECHAPEL ROAD, LONDON, E1 1JE, ENGLAND.
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.
The accounts are presented in £ sterling.
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:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Investments in shares are included at fair value.
CP LAND LTD
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Computer equipment
Fair value at 1 April 2023
630,000
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,797
2,753
Other creditors
4,595
11,143
Loans from directors
188,212
188,880
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
420,053
420,053
Allotted, called up and fully paid:
100 Ordinary shares of £100 each
10,000
10,000
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).