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REGISTERED NUMBER: 12439132 (England and Wales)










Financial Statements

for the Year Ended 29 February 2024

for

Cheshire Property Rentals Limited

Cheshire Property Rentals Limited (Registered number: 12439132)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cheshire Property Rentals Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Miss L A Sherborne
B P Sherborne





SECRETARY:





REGISTERED OFFICE: 403 Crewe Road
Winterley
Sandbach
CW11 4RS





REGISTERED NUMBER: 12439132 (England and Wales)





ACCOUNTANTS: John Greenall & Co Limited
20 Crewe Road
Sandbach
Cheshire
CW11 4NE

Cheshire Property Rentals Limited (Registered number: 12439132)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,222 399
Investment property 5 368,916 368,916
370,138 369,315

CURRENT ASSETS
Cash at bank 3,496 10,766

CREDITORS
Amounts falling due within one year 6 9,701 11,084
NET CURRENT LIABILITIES (6,205 ) (318 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

363,933

368,997

CREDITORS
Amounts falling due after more than one
year

7

(361,224

)

(361,224

)

PROVISIONS FOR LIABILITIES (232 ) (76 )
NET ASSETS 2,477 7,697

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,377 7,597
2,477 7,697

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

Cheshire Property Rentals Limited (Registered number: 12439132)

Balance Sheet - continued
29 February 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 22 November 2024 and were signed on its behalf by:





B P Sherborne - Director


Cheshire Property Rentals Limited (Registered number: 12439132)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Cheshire Property Rentals 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on reducing balance
Computer equipment - 33% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

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

Cheshire Property Rentals Limited (Registered number: 12439132)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2023 - 899 899
Additions 1,024 411 1,435
At 29 February 2024 1,024 1,310 2,334
DEPRECIATION
At 1 March 2023 - 500 500
Charge for year 342 270 612
At 29 February 2024 342 770 1,112
NET BOOK VALUE
At 29 February 2024 682 540 1,222
At 28 February 2023 - 399 399

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2023
and 29 February 2024 368,916
NET BOOK VALUE
At 29 February 2024 368,916
At 28 February 2023 368,916

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Taxation and social security - 1,471
Other creditors 9,701 9,613
9,701 11,084

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Other creditors 361,224 361,224