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REGISTERED NUMBER: 01627937 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

CAMBRIDGE ESTATES LIMITED

CAMBRIDGE ESTATES LIMITED (REGISTERED NUMBER: 01627937)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAMBRIDGE ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: R A Arthur





REGISTERED OFFICE: Victoria House
26 Queen Victoria Street
Reading
Berkshire
RG1 1TG





REGISTERED NUMBER: 01627937 (England and Wales)

CAMBRIDGE ESTATES LIMITED (REGISTERED NUMBER: 01627937)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 651 975
Investments 5 227,288 227,138
Investment property 6 1,562,000 1,562,000
1,789,939 1,790,113

CURRENT ASSETS
Debtors 7 14,474 2,311
Cash at bank 69,739 49,655
84,213 51,966
CREDITORS
Amounts falling due within one year 8 78,101 130,817
NET CURRENT ASSETS/(LIABILITIES) 6,112 (78,851 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,796,051

1,711,262

PROVISIONS FOR LIABILITIES 26,824 24,784
NET ASSETS 1,769,227 1,686,478

CAMBRIDGE ESTATES LIMITED (REGISTERED NUMBER: 01627937)

BALANCE SHEET - continued
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 9 70,000 70,000
Revaluation reserve 508,742 493,497
Retained earnings 1,190,485 1,122,981
SHAREHOLDERS' FUNDS 1,769,227 1,686,478

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 February 2025 and were signed by:





R A Arthur - Director


CAMBRIDGE ESTATES LIMITED (REGISTERED NUMBER: 01627937)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Cambridge Estates 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Significant judgements and estimates
In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The accounting estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The accounting estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of revision and future periods if the revision affects both current and future periods.

The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are considered to be the valuation of investment property. As described in the notes to the accounts, investment property is stated at fair value based on the valuation performed by independent professional valuers with experience in the location and category of property valued. The valuers have used observable market prices adjusted as necessary for any difference in the future and condition of the property.

Turnover
Revenue (described as Turnover) is measured at the fair value of consideration received or receivable. Revenue from property rental income and related service charge income is recognised as it becomes receivable under leasehold agreements. Management fees are recognised when they become receivable having regard to satisfactory completion of projects. Revenue is stated net of value added tax, rebates and similar allowances.

CAMBRIDGE ESTATES LIMITED (REGISTERED NUMBER: 01627937)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation on tangible fixed assets is charged to profit or loss so as to write off their value, over their estimated useful lives at 33.3% per annum on a reducing balance basis.

At each reporting date, the company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication of impairment. Any impairment is charged to profit or loss.

Investment property
Investment property is initially recognised at cost and subsequently remeasured to fair value at each reporting date. Any aggregate surplus or deficit arising from changes in fair value are charged or credited to profit or loss.

Taxation
Tax on profit represents the sum of the tax currently payable and deferred tax.

Current tax is the amount of income tax payable in respect of the taxable profit for the year or prior years. Tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the period end.

Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. These 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 recognised on all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are only recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Fixed asset investments
Fixed asset investments comprising listed securities are initially recognised at acquisition cost. At the balance sheet date they are valued at the relevant market quoted mid-price. The market movement on the revaluation is transferred to the profit and loss account for the year.

Going concern
The directors are not aware of any material uncertainties that may cast significant doubt over the ability of the company to continue trading. The preparation of the financial statements on the going concern basis is therefore deemed appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

CAMBRIDGE ESTATES LIMITED (REGISTERED NUMBER: 01627937)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 October 2023
and 30 September 2024 2,117
DEPRECIATION
At 1 October 2023 1,142
Charge for year 324
At 30 September 2024 1,466
NET BOOK VALUE
At 30 September 2024 651
At 30 September 2023 975

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 October 2023 227,138
Additions 1,419
Disposals (18,554 )
Revaluations 17,285
At 30 September 2024 227,288
NET BOOK VALUE
At 30 September 2024 227,288
At 30 September 2023 227,138


Fixed asset investments comprise listed securities and are revalued to market value at each balance sheet date. The historical cost of fixed asset investments is £167,510 (2023 - £184,645).

CAMBRIDGE ESTATES LIMITED (REGISTERED NUMBER: 01627937)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 1,562,000
NET BOOK VALUE
At 30 September 2024 1,562,000
At 30 September 2023 1,562,000

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2023 20,000
Cost 1,542,000
1,562,000

The investment properties were valued on an open market value basis at 30 September 2024 by the director.There were no valuation increases or decreases for the year.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 8,890 151
Other debtors 5,584 2,160
14,474 2,311

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 5,597 1,174
Taxation and social security 21,755 19,279
Other creditors 50,749 110,364
78,101 130,817

CAMBRIDGE ESTATES LIMITED (REGISTERED NUMBER: 01627937)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £ £
2,000 Ordinary £1 2,000 2,000
68,000 Preference £1 68,000 68,000
70,000 70,000