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REGISTERED NUMBER: 04915030 (England and Wales)





















Unaudited Financial Statements for the Year Ended 31 July 2024

for

CWJN Investments Limited

CWJN Investments Limited (Registered number: 04915030)

Contents of the Financial Statements
for the Year Ended 31 July 2024










Page

Balance Sheet 1

Notes to the Financial Statements 3


CWJN Investments Limited (Registered number: 04915030)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 440,000 702,500

CURRENT ASSETS
Debtors 5 192,728 60,794
Investments 6 32,498 30,264
Cash at bank 54,539 47,041
279,765 138,099
CREDITORS
Amounts falling due within one year 7 10,134 47,610
NET CURRENT ASSETS 269,631 90,489
TOTAL ASSETS LESS CURRENT LIABILITIES 709,631 792,989

CREDITORS
Amounts falling due after more than one
year

8

(26,170

)

(34,952

)

PROVISIONS FOR LIABILITIES (10,227 ) (10,576 )
NET ASSETS 673,234 747,461

CAPITAL AND RESERVES
Called up share capital 15,000 15,000
Fair value reserve 9 34,634 46,785
Retained earnings 623,600 685,676
673,234 747,461

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

CWJN Investments Limited (Registered number: 04915030)

Balance Sheet - continued
31 July 2024


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 director and authorised for issue on 11 March 2025 and were signed by:





C W Newman - Director


CWJN Investments Limited (Registered number: 04915030)

Notes to the Financial Statements
for the Year Ended 31 July 2024


1. STATUTORY INFORMATION

CWJN Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04915030

Registered office: Pentlands
Lower Broad Oak Road
West Hill
Ottery St Mary
Devon
EX11 1UF

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.

Revenue recognition
Turnover comprises the fair value of rental income receivable in the ordinary course of the company's activities. The company recognises this revenue in the period to which it relates with accrued and deferred income being adjusted as necessary.

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.

Financial instruments
The company holds the following financial instruments:

- Short term trade and other debtors and creditors;
- Bank loans; and
- Cash and bank balances.

All financial instruments are classified as basic.

The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company's obligations are discharged, expire or are cancelled.

Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.


CWJN Investments Limited (Registered number: 04915030)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023 702,500
Disposals (262,500 )
At 31 July 2024 440,000
NET BOOK VALUE
At 31 July 2024 440,000
At 31 July 2023 702,500

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2017 15,614
Valuation in 2021 57,361
Valuation in 2024 (28,114 )
Cost 395,139
440,000

CWJN Investments Limited (Registered number: 04915030)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


4. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

31.7.24 31.7.23
£    £   
Cost 395,139 629,525

Investment property was valued on an open market basis on 31 July 2024 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 192,728 60,794

6. CURRENT ASSET INVESTMENTS
31.7.24 31.7.23
£    £   
Listed investments 32,498 30,264

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 3,857 5,789
Taxation and social security 3,827 7,170
Other creditors 2,450 34,651
10,134 47,610

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 26,170 34,952

9. RESERVES
Fair
value
reserve
£   
At 1 August 2023 46,785
Transfer from P&L reserve (12,500 )
Deferred tax provision 349

At 31 July 2024 34,634

CWJN Investments Limited (Registered number: 04915030)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


10. TRANSACTIONS WITH DIRECTORS

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
C W Newman
Balance outstanding at start of year - -
Amounts advanced 192,728 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 192,728 -

The director repaid the loan in full on 30 January 2025.