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Company Registration No. 11505945 (England and Wales)
CPR Property Investments Limited Unaudited accounts for the year ended 31 July 2024
CPR Property Investments Limited Unaudited accounts Contents
Page
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CPR Property Investments Limited Company Information for the year ended 31 July 2024
Director
Patricia Oluchi Riley
Company Number
11505945 (England and Wales)
Registered Office
First Floor 85 Great Portland Street London W1W 7LT England
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
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CPR Property Investments Limited Accountants' report
Accountants' report to the director of CPR Property Investments Limited on the preparation of the unaudited statutory accounts for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of CPR Property Investments Limited for the year ended 31 July 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of CPR Property Investments Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of CPR Property Investments Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CPR Property Investments Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that CPR Property Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of CPR Property Investments Limited. You consider that CPR Property Investments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of CPR Property Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 22 April 2025
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CPR Property Investments Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
1,116,000 
1,124,000 
Current assets
Debtors
490 
490 
Cash at bank and in hand
5 
156 
495 
646 
Creditors: amounts falling due within one year
(413,995)
(327,923)
Net current liabilities
(413,500)
(327,277)
Total assets less current liabilities
702,500 
796,723 
Creditors: amounts falling due after more than one year
(725,855)
(725,855)
Net (liabilities)/assets
(23,355)
70,868 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
74,809 
183,726 
Profit and loss account
(98,165)
(112,859)
Shareholders' funds
(23,355)
70,868 
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 April 2025 and were signed on its behalf by
Patricia Oluchi Riley Director Company Registration No. 11505945
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CPR Property Investments Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
CPR Property Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 11505945. The registered office is First Floor, 85 Great Portland Street, London, W1W 7LT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2024 
£ 
Fair value at 1 August 2023
1,124,000 
Additions
75,980 
Net loss from fair value adjustments
(83,980)
At 31 July 2024
1,116,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
490 
490 
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CPR Property Investments Limited Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
490 
490 
Loans from directors
411,867 
326,037 
Accruals
1,638 
1,396 
413,995 
327,923 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
725,855 
725,855 
Aggregate of amounts that fall due for payment after five years
725,855 
725,855 
Included in long term creditors are bank loans secured on investment properties. Personal guarantees have been provided.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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