30 April 2023 28 April 2024 No principle activity is included 03303294 2023-04-30 03303294 2024-04-28 03303294 2023-04-30 2024-04-28 03303294 2023-04-29 03303294 2020-05-01 2023-04-29 03303294 uk-core:WithinOneYear 2024-04-28 03303294 uk-core:WithinOneYear 2023-04-29 03303294 uk-core:ShareCapital 2024-04-28 03303294 uk-core:ShareCapital 2023-04-29 03303294 uk-core:RetainedEarningsAccumulatedLosses 2024-04-28 03303294 uk-core:RetainedEarningsAccumulatedLosses 2023-04-29 03303294 uk-bus:RegisteredOffice 2023-04-30 2024-04-28 03303294 uk-curr:PoundSterling 2023-04-30 2024-04-28 03303294 uk-core:OfficeEquipment 2023-04-30 2024-04-28 03303294 uk-core:LandBuildings uk-core:OwnedOrFreeholdAssets 2023-04-29 03303294 uk-core:LandBuildings uk-core:ShortLeaseholdAssets 2023-04-29 03303294 uk-core:VehiclesPlantMachinery 2023-04-29 03303294 uk-core:FurnitureFittingsToolsEquipment 2023-04-29 03303294 uk-core:LandBuildings uk-core:OwnedOrFreeholdAssets 2023-04-30 2024-04-28 03303294 uk-core:LandBuildings uk-core:ShortLeaseholdAssets 2023-04-30 2024-04-28 03303294 uk-core:VehiclesPlantMachinery 2023-04-30 2024-04-28 03303294 uk-core:FurnitureFittingsToolsEquipment 2023-04-30 2024-04-28 03303294 uk-core:LandBuildings uk-core:OwnedOrFreeholdAssets 2024-04-28 03303294 uk-core:LandBuildings uk-core:ShortLeaseholdAssets 2024-04-28 03303294 uk-core:VehiclesPlantMachinery 2024-04-28 03303294 uk-core:FurnitureFittingsToolsEquipment 2024-04-28 03303294 uk-core:DeferredTaxation 2023-04-29 03303294 uk-core:DeferredTaxation 2023-04-30 2024-04-28 03303294 uk-core:DeferredTaxation 2024-04-28 03303294 uk-bus:FRS102 2023-04-30 2024-04-28 03303294 uk-bus:FullAccounts 2023-04-30 2024-04-28 03303294 uk-bus:AuditExempt-NoAccountantsReport 2023-04-30 2024-04-28 03303294 uk-bus:PrivateLimitedCompanyLtd 2023-04-30 2024-04-28 iso4217:GBP xbrli:pure
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  C&B PROPERTIES LIMITED
   
   
   
  UNAUDITED FINANCIAL STATEMENTS
   
   
  FOR THE YEAR ENDED 28 APRIL 2024
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  C&B PROPERTIES LIMITED
  Company registered number: 03303294
  ABRIDGED STATEMENT OF FINANCIAL POSITION AT 28 April 2024
           
    Note 2024 2023
      £ £ £
  FIXED ASSETS
  Investment property, plant and equipment 3 9,817,494 8,954,498
  CURRENT ASSETS    
  Debtors 4 218,702 228,843
  Cash at bank and in hand   2,595,840 2,056,912
      2,814,542 2,285,755
  CREDITORS: Amounts falling due within one year 5 1,103,327 1,083,053
  NET CURRENT ASSETS   1,711,215 1,202,702
  TOTAL ASSETS LESS CURRENT LIABILITIES   11,528,709 10,157,200
           
  PROVISIONS FOR LIABILITIES 6 (1,576,392) (1,365,634)
  NET ASSETS   £9,952,317 £8,791,566
       
  CAPITAL AND RESERVES
  Called up share capital   100 100
  Retained earnings   9,952,217 8,791,466
  SHAREHOLDERS' FUNDS   £9,952,317 £8,791,566
       
  page 1
  C&B PROPERTIES LIMITED
  Company registered number: 03303294
  ABRIDGED STATEMENT OF FINANCIAL POSITION AT 28 April 2024 (CONT.)
           
       
       
  In approving these financial statements as directors of the company we hereby confirm the following:
       
  For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
       
  The members have not required the company to obtain an audit of its financial statements for the period ended 28 April 2024 in accordance with section 476 of the Companies Act 2006.
       
  The directors acknowledge their responsibilities for: 1) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and 2) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial period and of its profit or loss for the financial period in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to the financial statements, so far as they are applicable to the company.
 
 
       
  These financial statements have been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies
       
  All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 28 April 2024 in accordance with Section 444 (2A) of the Companies Act 2006
       
  In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered
  The financial statements were approved and authorised for issue by the board of directors on 26 February 2025
 
  Signed on behalf of the board of directors
 
 
       
  MB Dowling, Director
       
       
  page 2
  C&B PROPERTIES LIMITED
  NOTES TO THE ACCOUNTS
  FOR THE YEAR ENDED 28 APRIL 2024
       
 
1. SIGNIFICANT ACCOUNTING POLICIES
       
         
1a. Statement of compliance
         
  C&B Properties Limited is a private company limited by shares incorporated in England.
         
  Registered office:
  78 Waterloo Street, Manchester, United Kingdom, M8 5XF
         
1b. Basis of accounting
         
  These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
  The financial statements have been prepared under the historical cost convention. The presentation currency is £ sterling.
         
1c. Revenue recognition
         
  Revenue is recognised as rental income falls due for payment
         
1d. Taxation
         
  Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. The measurement of deferred tax liabilities and assets reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
         
 
         
 
       
1e. Investment property
       
  Investment properties are initially recognised at cost, properties whose fair value can be measured reliably are subsequently measured at fair value. The surplus or deficit on revaluation is recognised in the profit
and loss account accumulated in the profit and loss 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.
       
       
1f. Property, plant and equipment
       
  Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life.
       
  Furniture, fixtures and equipment Reducing balance 15%  
  page 3
  C&B PROPERTIES LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 28 APRIL 2024
       
       
2. DIRECTORS AND EMPLOYEES
       
  The average weekly number of employees during the year were as follows:
    2024 2023
    No. No.
  Persons employed, including directors 2 2
    2 2
   
             
3. PROPERTY, PLANT AND EQUIPMENT
          Furniture,  
    Property Legal Investment Fixtures &  
    Improvements Fees Properties Equipment Total
    £ £ £ £ £
  Cost
             
  At 30 April 2023 13,250 63,243 8,874,000 5,027 8,955,520
  Fair value gain on investment properties - - 843,030 - 843,030
  Additions other than through business combinations - - 20,000 - 20,000
  At 28 April 2024 13,250 63,243 9,737,030 5,027 9,818,550
   
  Depreciation
             
  At 30 April 2023 - - - 1,022 1,022
  For the year - - - 34 34
  At 28 April 2024 - - - 1,056 1,056
   
  Net Book Amounts
             
  At 28 April 2024 £13,250 £63,243 £9,737,030 £3,971 £9,817,494
   
  At 29 April 2023 £13,250 £63,243 £8,874,000 £4,005 £8,954,498
   
  The investment properties were remeasured to fair value at the year end date by MB Dowling, the company director.
             
       
       
4. DEBTORS 2024 2023
    £ £
  Trade debtors 8,565 15,137
  Other debtors 210,137 213,706
    £218,702 £228,843
   
  page 4
  C&B PROPERTIES LIMITED
  NOTES TO THE ACCOUNTS (CONT.)
  FOR THE YEAR ENDED 28 APRIL 2024
       
       
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
    2024 2023
    £ £
  Debenture loans 10,563 -
  Corporation tax 176,171 124,979
  Other taxes and social security 12 -
  Other creditors 916,581 958,074
    £1,103,327 £1,083,053
   
     
6. PROVISIONS FOR LIABILITIES
     
    Deferred tax
    £
  At 30 April 2023 (1,365,634)
  Additions during the year (210,758)
   
  At 28 April 2024 1,576,392
   
       
       
7. RELATED PARTY TRANSACTIONS
       
       
  As at 28 April 2024 the company was owed £197,541 (2022 £197,541) by DW Apartments Limited, a company in which MB Dowling is a shareholder and director.
       
  As at 28 April 2024 the company owed MB Dowling, a director the sum of £909,765 (2022 £938,389)
       
  Both of these loans are repayable on demand and interest-free.
       
  page 5