REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 15 MAY 2023 TO 30 MAY 2024 |
FOR |
CP HMO PORTFOLIO LTD |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 15 MAY 2023 TO 30 MAY 2024 |
FOR |
CP HMO PORTFOLIO LTD |
CP HMO PORTFOLIO LTD (REGISTERED NUMBER: 14870496) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 15 MAY 2023 TO 30 MAY 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
CP HMO PORTFOLIO LTD |
COMPANY INFORMATION |
FOR THE PERIOD 15 MAY 2023 TO 30 MAY 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Room 73 |
Wrest House |
Wrest Park |
Silsoe |
Bedfordshire |
MK45 4HR |
CP HMO PORTFOLIO LTD (REGISTERED NUMBER: 14870496) |
BALANCE SHEET |
30 MAY 2024 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year | 7 |
NET LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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 were approved by the director and authorised for issue on |
CP HMO PORTFOLIO LTD (REGISTERED NUMBER: 14870496) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 15 MAY 2023 TO 30 MAY 2024 |
1. | STATUTORY INFORMATION |
CP HMO Portfolio Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
The freehold properties are stated at an open market value in the opinion of the director. As such no depreciation has been charged in respect of this class of asset in the year and no deferred tax has been provided on any future sale as the base cost of the properties remain consistent with the current open market value in the opinion of the director. |
Taxation |
Taxation for the period 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | INVESTMENT PROPERTY |
Total |
£ |
Fair value |
Additions |
At 30 May 2024 |
Net book value |
At 30 May 2024 |
The properties are secured by way of various mortgage deeds incorporating fixed charges, held over the assets and undertakings of the company in favour of the lender. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other creditors |
CP HMO PORTFOLIO LTD (REGISTERED NUMBER: 14870496) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 15 MAY 2023 TO 30 MAY 2024 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Bank loans - 2-5 years |
The bank loans are interest only and secured in favour of the lender upon each specific property. |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | 1 | 100 |
Upon incorporation 100 Ordinary shares of £1 each were issued at par. |