Cunniffe & Helm Property Holdings Limited 11316210 false 2023-05-01 2024-04-30 2024-04-30 The principal activity of the company is is that of a property investment company Digita Accounts Production Advanced 6.30.9574.0 true false true 11316210 2023-05-01 2024-04-30 11316210 2024-04-30 11316210 core:RetainedEarningsAccumulatedLosses 2024-04-30 11316210 core:ShareCapital 2024-04-30 11316210 core:CurrentFinancialInstruments 2024-04-30 11316210 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-30 11316210 core:LandBuildings 2024-04-30 11316210 bus:SmallEntities 2023-05-01 2024-04-30 11316210 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 11316210 bus:FilletedAccounts 2023-05-01 2024-04-30 11316210 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 11316210 bus:RegisteredOffice 2023-05-01 2024-04-30 11316210 bus:Director1 2023-05-01 2024-04-30 11316210 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11316210 1 2023-05-01 2024-04-30 11316210 countries:England 2023-05-01 2024-04-30 11316210 2023-04-30 11316210 core:LandBuildings 2023-04-30 11316210 2022-05-01 2023-04-30 11316210 2023-04-30 11316210 core:RetainedEarningsAccumulatedLosses 2023-04-30 11316210 core:ShareCapital 2023-04-30 11316210 core:CurrentFinancialInstruments 2023-04-30 11316210 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 11316210 core:LandBuildings 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 11316210

Cunniffe & Helm Property Holdings Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 April 2024

 

Cunniffe & Helm Property Holdings Limited
(Registration number: 11316210)

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Cunniffe & Helm Property Holdings Limited
(Registration number: 11316210)

Company Information

Director

O D Helm

Registered office

4 St Leonards Place
Exeter
Devon
EX2 4LZ

Accountants

Thompson Jenner LLP
1 Colleton Crescent
Exeter
Devon
EX2 4DG

 

Cunniffe & Helm Property Holdings Limited
(Registration number: 11316210)

Balance Sheet as at 30 April 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

754,670

754,670

Current assets

 

Debtors

5

1,163

1,269

Cash at bank and in hand

 

1

1

 

1,164

1,270

Creditors: Amounts falling due within one year

6

(763,788)

(760,685)

Net current liabilities

 

(762,624)

(759,415)

Net liabilities

 

(7,954)

(4,745)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(7,955)

(4,746)

Shareholders' deficit

 

(7,954)

(4,745)

For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 January 2025
 

.........................................
O D Helm
Director

 

Cunniffe & Helm Property Holdings Limited
(Registration number: 11316210)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
4 St Leonards Place
Exeter
Devon
EX2 4LZ

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Investment property

No depreciation is provided in respect of investment properties and they are revalued annually. The surplus or deficit on revaluation is transferred to the revaluation reserve unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year.

This treatment as regards the company's investment properties may be a departure from the requirements of the Companies Act concerning the depreciation of fixed assets. However, these properties are not held for consumption but for investment and the directors consider that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Cunniffe & Helm Property Holdings Limited
(Registration number: 11316210)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

 

Cunniffe & Helm Property Holdings Limited
(Registration number: 11316210)

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024

4

Tangible assets

Investment property
£

Total
£

Cost or valuation

At 1 May 2023

754,670

754,670

At 30 April 2024

754,670

754,670

Carrying amount

At 30 April 2024

754,670

754,670

At 30 April 2023

754,670

754,670


Valuation

The director confirms that no change is required to the valuation of the property as at 30 April 2024.

5

Debtors

2024
£

2023
£

Prepayments and accrued income

1,163

1,269

Total current trade and other debtors

1,163

1,269

6

Creditors

Note

2024
£

2023
£

Due within one year

 

Amounts owed to group companies

129,645

126,682

Other creditors

 

633,143

633,143

Accrued expenses

 

1,000

860

 

763,788

760,685

7

Parent and ultimate parent undertaking

The company's immediate parent is Cunniffe & Helm Limited, incorporated in England.

 The ultimate controlling party is Mr O D Helm and Mrs B V E Helm.