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Company Registration No. 12304580 (England and Wales)
CEC PROPERTY GROUP LTD Unaudited accounts for the year ended 29 February 2024
CEC PROPERTY GROUP LTD Unaudited accounts Contents
Page
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CEC PROPERTY GROUP LTD Company Information for the year ended 29 February 2024
Directors
KA SHING CHEUNG HEATHER LOUISE CRITCHLOW
Company Number
12304580 (England and Wales)
Registered Office
UNIT 2 BURLEY HOUSE ROWDITCH PLACE DERBY DERBYSHIRE DE22 3LR UNITED KINGDOM
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CEC PROPERTY GROUP LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,051 
20,051 
Investment property
1,040,000 
850,000 
1,060,051 
870,051 
Current assets
Debtors
406,954 
75,553 
Cash at bank and in hand
10,268 
6,811 
417,222 
82,364 
Creditors: amounts falling due within one year
(41,633)
(21,251)
Net current assets
375,589 
61,113 
Total assets less current liabilities
1,435,640 
931,164 
Creditors: amounts falling due after more than one year
(1,105,711)
(798,828)
Net assets
329,929 
132,336 
Capital and reserves
Called up share capital
1,200 
1,200 
Revaluation reserve
284,240 
94,240 
Profit and loss account
44,489 
36,896 
Shareholders' funds
329,929 
132,336 
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 29 November 2024 and were signed on its behalf by
KA SHING CHEUNG Director Company Registration No. 12304580
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CEC PROPERTY GROUP LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
CEC PROPERTY GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 12304580. The registered office is UNIT 2 BURLEY HOUSE, ROWDITCH PLACE, DERBY, DERBYSHIRE, DE22 3LR, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 March 2023
20,051 
At 29 February 2024
20,051 
Depreciation
At 29 February 2024
- 
Net book value
At 29 February 2024
20,051 
At 28 February 2023
20,051 
5
Investment property
2024 
£ 
Fair value at 1 March 2023
850,000 
Additions
190,000 
At 29 February 2024
1,040,000 
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CEC PROPERTY GROUP LTD Notes to the Accounts for the year ended 29 February 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
50 
Amounts falling due after more than one year
Other debtors
406,954 
75,503 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
23,789 
20,051 
Accruals
17,844 
1,200 
41,633 
21,251 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
652,347 
653,085 
Other creditors
453,364 
145,743 
1,105,711 
798,828 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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