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REGISTERED NUMBER: 09035056 (England and Wales)















CP Plus (Trading) Limited

Unaudited Financial Statements

for the Year Ended 30 June 2024






CP Plus (Trading) Limited (Registered number: 09035056)

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 (Trading) Limited

Company Information
for the year ended 30 June 2024







Directors: I S Langdon
E A Green
A G Lewis





Secretaries: S Green
S I Royston
K R Green
L Langdon





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





Registered number: 09035056 (England and Wales)





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

CP Plus (Trading) Limited (Registered number: 09035056)

Balance Sheet
30 June 2024

2024 2023
Notes £ £ £ £
Fixed assets
Investments 4 460,155 37,001,349
Investment property 5 3,500,000 3,500,000
3,960,155 40,501,349

Current assets
Debtors 6 29,117,703 17,324,711
Cash at bank 83,100 7,466,937
29,200,803 24,791,648
Creditors
Amounts falling due within one year 7 7,630,653 10,642,973
Net current assets 21,570,150 14,148,675
Total assets less current liabilities 25,530,305 54,650,024

Capital and reserves
Called up share capital 8 50,675 50,675
Share premium 24,949,296 24,949,296
Retained earnings 530,334 29,650,053
Shareholders' funds 25,530,305 54,650,024

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 (Trading) Limited (Registered number: 09035056)

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


1. Statutory information

CP Plus (Trading) 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.

Going concern
The financial statements have been prepared on a going concern basis. The directors have reviewed and considered relevant information, including the annual budget and future cash flows, in making their assessment. Based on these assessments, the directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

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.

Significant judgements and estimates
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment properties are included in the Balance sheet at their open market value.

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.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently 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.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

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.


CP Plus (Trading) Limited (Registered number: 09035056)

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


2. Accounting policies - continued
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.

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.

3. Employees and directors

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

4. Fixed asset investments
Shares in
group
undertakings
£
Cost
At 1 July 2023 37,001,349
Additions 460,055
Disposals (37,001,249 )
At 30 June 2024 460,155
Net book value
At 30 June 2024 460,155
At 30 June 2023 37,001,349

5. Investment property
Total
£
Fair value
At 1 July 2023
and 30 June 2024 3,500,000
Net book value
At 30 June 2024 3,500,000
At 30 June 2023 3,500,000

6. Debtors: amounts falling due within one year
2024 2023
£ £
Amounts owed by group undertakings 23,651,500 11,853,041
Other debtors 5,466,203 5,471,670
29,117,703 17,324,711

CP Plus (Trading) Limited (Registered number: 09035056)

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


7. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 19,005 3,770
Amounts owed to group undertakings 2,888,490 2,888,490
Taxation and social security 412,225 293,629
Other creditors 4,310,933 7,457,084
7,630,653 10,642,973

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
506,750 Ordinary £0.1 50,675 50,675