Company Registration No. 13903412 (England and Wales)
Cattell Property Management Ltd
Unaudited accounts
for the year ended 29 February 2024
Cattell Property Management Ltd
Unaudited accounts
Contents
Cattell Property Management Ltd
Company Information
for the year ended 29 February 2024
Directors
Dave James Cattell
Joanna Cattell
Company Number
13903412 (England and Wales)
Registered Office
207 Fairlee Road
Newport
Isle of Wight
PO30 2EP
United Kingdom
Accountants
Vision Accounting
Fortis House
Cothey Way
Ryde
Isle of Wight
PO33 1QT
Cattell Property Management Ltd
Statement of financial position
as at 29 February 2024
Investment property
180,371
-
Creditors: amounts falling due within one year
(188,806)
(196,773)
Net current liabilities
(187,881)
(196,773)
Net liabilities
(7,510)
(16,402)
Called up share capital
2
2
Profit and loss account
(7,512)
(16,404)
Shareholders' funds
(7,510)
(16,402)
For the year ending 29 February 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 directors acknowledge their 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 of Directors and authorised for issue on 15 November 2024 and were signed on its behalf by
Dave James Cattell
Director
Company Registration No. 13903412
Cattell Property Management Ltd
Notes to the Accounts
for the year ended 29 February 2024
Cattell Property Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 13903412. The registered office is 207 Fairlee Road, Newport, Isle of Wight, PO30 2EP, United Kingdom.
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.
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.
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:
4
Tangible fixed assets
Land & buildings
Transfer to investment property
(180,371)
At 28 February 2023
180,371
Transfers from tangible fixed assets
180,371
At 29 February 2024
180,371
Cattell Property Management Ltd
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
-
12,231
Loans from directors
186,916
182,712
8
Transactions with related parties
As at the Year End, Cattell Property Management Ltd cleared all balances owed to Signature Kitchens (IW) Ltd.
Related party connection exists due to Mr & Mrs Cattell having significant control over both companies.
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).