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REGISTERED NUMBER: 05885194 (England and Wales)















CP Plus Holdings Limited

Unaudited Financial Statements

for the Year Ended 30 June 2024






CP Plus Holdings Limited (Registered number: 05885194)

Contents of the Financial Statements
for the year ended 30 June 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CP Plus Holdings Limited

Company Information
for the year ended 30 June 2024







Directors: E A Green
I S Langdon





Secretary: E A Green





Registered office: Jack Straw's Castle
12 North End Way
London
NW3 7ES





Registered number: 05885194 (England and Wales)





Accountants: Cooper Parry Advisory Limited
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

CP Plus Holdings Limited (Registered number: 05885194)

Balance Sheet
30 June 2024

2024 2023
Notes £ £ £ £
Fixed assets
Investments 4 12,283,018 7,357,535
Investment property 5 1,570,000 1,528,000
13,853,018 8,885,535

Current assets
Debtors 6 7,555,213 6,408,744
Cash at bank 589,373 767,715
8,144,586 7,176,459
Creditors
Amounts falling due within one year 7 10,063,811 5,495,858
Net current (liabilities)/assets (1,919,225 ) 1,680,601
Total assets less current liabilities 11,933,793 10,566,136

Provisions for liabilities 8 108,166 21,466
Net assets 11,825,627 10,544,670

Capital and reserves
Called up share capital 9 75,000 75,000
Share premium 10 10,659,500 10,659,500
Capital redemption reserve 10 37,500 37,500
Retained earnings 10 1,053,627 (227,330 )
Shareholders' funds 11,825,627 10,544,670

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 6 March 2025 and were signed on its behalf by:



E A Green - Director


CP Plus Holdings Limited (Registered number: 05885194)

Notes to the Financial Statements
for the year ended 30 June 2024


1. Statutory information

CP Plus Holdings 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 as modified by the revaluation of certain assets.

Going concern
The directors consider the going concern basis to be appropriate because in their opinion the company will continue to obtain sufficient funding from a related company on whom it is dependent to enable it to pay its debts as they fall due. The related company has indicated that it will provide such support for the foreseeable future.

Preparation of consolidated financial statements
The financial statements contain information about CP Plus Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Revenue relates to rent receivable and is recognised in the period to which it relates.

Investments in subsidiaries
Investments comprising shares in group undertakings and unlisted investments are recognised at fair value.

Investment property
Investment properties are included in the balance sheet at their open market value in accordance with Financial Reporting Standard 102 and are not depreciated. This treatment is contrary to the Companies' Act 2006 which states that fixed assets should be depreciated but is, in the opinion of the directors, necessary in order to give a true and fair view of the financial position of the company.

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.

CP Plus Holdings Limited (Registered number: 05885194)

Notes to the Financial Statements - continued
for the year ended 30 June 2024


2. Accounting policies - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Debtors and creditors are measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

3. Employees and directors

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

4. Fixed asset investments
Shares in
group Listed Unlisted
undertakings investments investments Totals
£ £ £ £
Cost or valuation
At 1 July 2023 465,637 3,003,683 3,888,215 7,357,535
Additions - 9,873,816 94,000 9,967,816
Disposals - (5,221,390 ) - (5,221,390 )
Revaluations - 179,057 - 179,057
At 30 June 2024 465,637 7,835,166 3,982,215 12,283,018
Net book value
At 30 June 2024 465,637 7,835,166 3,982,215 12,283,018
At 30 June 2023 465,637 3,003,683 3,888,215 7,357,535

Investments comprising shares in group undertakings and unlisted investments are recognised at cost and listed investments are recognised at fair value.

5. Investment property
Total
£
Fair value
At 1 July 2023 1,528,000
Revaluations 42,000
At 30 June 2024 1,570,000
Net book value
At 30 June 2024 1,570,000
At 30 June 2023 1,528,000

CP Plus Holdings Limited (Registered number: 05885194)

Notes to the Financial Statements - continued
for the year ended 30 June 2024


5. Investment property - continued

Fair value at 30 June 2024 is represented by:
£
Valuation in 2024 (81,411 )
Cost 1,651,411
1,570,000

6. Debtors: amounts falling due within one year
2024 2023
£ £
Amounts owed by group undertakings 156,072 156,071
Other debtors 7,399,141 6,252,673
7,555,213 6,408,744

7. Creditors: amounts falling due within one year
2024 2023
£ £
Taxation and social security 27,226 -
Other creditors 10,036,585 5,495,858
10,063,811 5,495,858

8. Provisions for liabilities
2024 2023
£ £
Deferred tax
On fair value gains 108,166 21,466

Deferred tax
£
Balance at 1 July 2023 21,466
Provided during year 86,700
Balance at 30 June 2024 108,166

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
750,000 Ordinary £0.10 75,000 75,000

CP Plus Holdings Limited (Registered number: 05885194)

Notes to the Financial Statements - continued
for the year ended 30 June 2024


10. Reserves
Capital
Retained Share redemption
earnings premium reserve Totals
£ £ £ £

At 1 July 2023 (227,330 ) 10,659,500 37,500 10,469,670
Profit for the year 1,280,957 1,280,957
At 30 June 2024 1,053,627 10,659,500 37,500 11,750,627

Included within retained earnings at the year end are non distributable profits of £852,608 (2023: £718,251), relating to the fair value revaluations of investments.