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REGISTERED NUMBER: 01154226 (England and Wales)













COLDWELL PROPERTY COMPANY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






COLDWELL PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 01154226)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COLDWELL PROPERTY COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: S Douglas-Brown
C S Douglas-Brown
K Douglas-Brown





SECRETARY: S Douglas-Brown





REGISTERED OFFICE: Elm Lodge
Fishmore
Ludlow
Shropshire
SY8 3DP





REGISTERED NUMBER: 01154226 (England and Wales)





ACCOUNTANTS: Carr, Jenkins & Hood
3 New Mill Court
Enterprise Park
Swansea
SA7 9FG

COLDWELL PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 01154226)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,380,091 1,416,785

CURRENT ASSETS
Stocks 128,000 124,487
Debtors 5 189,737 90,495
Cash at bank 150,025 69,712
467,762 284,694
CREDITORS
Amounts falling due within one year 6 307,875 351,890
NET CURRENT ASSETS/(LIABILITIES) 159,887 (67,196 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,539,978 1,349,589

CREDITORS
Amounts falling due after more than one
year

7

790,555

565,267
NET ASSETS 749,423 784,322

CAPITAL AND RESERVES
Called up share capital 30,300 30,300
Retained earnings 719,123 754,022
749,423 784,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

COLDWELL PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 01154226)

BALANCE SHEET - continued
31 MARCH 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by:





C S Douglas-Brown - Director


COLDWELL PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 01154226)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Coldwell Property Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The principle activity of the company in the year under review was that of a caravan holiday park, caravan sales and a clothes retail shop.

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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 20% on cost and at varying rates on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

COLDWELL PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 01154226)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 1,578,082 175,400 1,753,482
Disposals - (16,744 ) (16,744 )
At 31 March 2024 1,578,082 158,656 1,736,738
DEPRECIATION
At 1 April 2023 182,283 154,414 336,697
Charge for year 31,561 5,133 36,694
Eliminated on disposal - (16,744 ) (16,744 )
At 31 March 2024 213,844 142,803 356,647
NET BOOK VALUE
At 31 March 2024 1,364,238 15,853 1,380,091
At 31 March 2023 1,395,799 20,986 1,416,785

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 189,737 90,495

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 84,372 103,200
Trade creditors - 4,800
Taxation and social security 90,275 106,286
Other creditors 133,228 137,604
307,875 351,890

Bank loans and overdrafts are secured against the companies fixed assets.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 790,555 565,267

COLDWELL PROPERTY COMPANY LIMITED (REGISTERED NUMBER: 01154226)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

Bank loans and overdrafts are secured against the companies fixed assets.

8. RELATED PARTY DISCLOSURES

Directors were provided a loan from the company during the year. As at 31st March 2024 £189,737 (2023: £88,935) was outstanding and the company charged interest of £6,771.41 (2023: £4,590) during the year.

The loan was fully repaid after the year end.