REGISTERED NUMBER: |
Cuckoo Dene Properties Limited |
Unaudited Financial Statements |
for the Year Ended 28 February 2024 |
REGISTERED NUMBER: |
Cuckoo Dene Properties Limited |
Unaudited Financial Statements |
for the Year Ended 28 February 2024 |
Cuckoo Dene Properties Limited (Registered number: 12105026) |
Contents of the Financial Statements |
for the year ended 28 February 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Cuckoo Dene Properties Limited |
Company Information |
for the year ended 28 February 2024 |
Director: |
Registered office: |
Registered number: |
Accountants: |
250 Fowler Avenue |
Farnborough |
Hampshire |
GU14 7JP |
Cuckoo Dene Properties Limited (Registered number: 12105026) |
Balance Sheet |
28 February 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
Fixed assets |
Investment property | 4 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities | ( |
) | ( |
) |
Capital and reserves |
Called up share capital | 7 |
Retained earnings | ( |
) | ( |
) |
Shareholders' funds | ( |
) | ( |
) |
The director acknowledges his 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. |
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 director and authorised for issue on |
Cuckoo Dene Properties Limited (Registered number: 12105026) |
Notes to the Financial Statements |
for the year ended 28 February 2024 |
1. | Statutory information |
Cuckoo Dene Properties Limited is a |
2. | Accounting policies |
Accounting convention |
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound. |
The financial statements have been prepared under the historical cost convention modified to include the revaluation of investment properties. The principal accounting policies adopted are set out below. |
Going concern |
At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future with the continued support from the director. Hence the director continues to adopt the going concern basis of accounting in preparing the financial statements. |
Turnover |
Turnover is recognised at the fair value of the consideration received or receivable for rent received provided in the normal course of business. |
Investment property |
Investment property, which is property held to earn rentals and is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. |
Financial instruments |
The company has elected to apply the provisions of section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. |
Classification of financial liabilities |
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments is any contract that evidence a residual interest in the assets of the company after deducting all of its liabilities. |
Basic financial liabilities |
Basic financial liabilities including creditors, loans from connected companies that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instruments is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. |
Cash and cash equivalents |
Cash and cash equivalents are basic financial assets and include cash in hand. |
3. | Employees and directors |
The average number of employees during the year was NIL (2023 - NIL). |
Cuckoo Dene Properties Limited (Registered number: 12105026) |
Notes to the Financial Statements - continued |
for the year ended 28 February 2024 |
4. | Investment property |
Total |
£ |
Fair value |
At 1 March 2023 |
and 28 February 2024 |
Net book value |
At 28 February 2024 |
At 28 February 2023 |
5. | Debtors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Other debtors |
6. | Creditors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Other creditors |
Included in other creditors is an amount of £602,178 (2023 - £602,178) which may not be called upon within one year, unless there are sufficient funds to repay. |
7. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
8. | Director's advances, credits and guarantees |
Included within other creditors at the year end is an amount of £2,848 (2023 - £2,432) due to the director. |
9. | Related party transactions |
Included within other creditors at the year end is an amount of £602,178 (2023 - £602,178) due to a connected company, by virtue of a common director. |