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REGISTERED NUMBER: 13518251 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 July 2024

for

COBI Properties Limited

COBI Properties Limited (Registered number: 13518251)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COBI Properties Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: C M Cooper
Mrs H M Cooper





REGISTERED OFFICE: Drill Hall
Southgate
Pickering
North Yorkshire
YO18 8BL





REGISTERED NUMBER: 13518251 (England and Wales)





ACCOUNTANTS: Hardcastle France
Chartered Accountants
30 Yorkersgate
Malton
North Yorkshire
YO17 7AW

COBI Properties Limited (Registered number: 13518251)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investment property 4 395,000 395,000

CURRENT ASSETS
Debtors 5 - 100
Cash at bank 3,764 247
3,764 347
CREDITORS
Amounts falling due within one year 6 195,922 192,297
NET CURRENT LIABILITIES (192,158 ) (191,950 )
TOTAL ASSETS LESS CURRENT LIABILITIES 202,842 203,050

PROVISIONS FOR LIABILITIES 6,296 6,296
NET ASSETS 196,546 196,754

CAPITAL AND RESERVES
Called up share capital 7 100 100
Fair value reserve 8 196,842 196,842
Retained earnings (396 ) (188 )
SHAREHOLDERS' FUNDS 196,546 196,754

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 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.

COBI Properties Limited (Registered number: 13518251)

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 Board of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by:





C M Cooper - Director


COBI Properties Limited (Registered number: 13518251)

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

1. STATUTORY INFORMATION

COBI Properties 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 as modified by the revaluation of certain assets.

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.

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
and 31 July 2024 395,000
NET BOOK VALUE
At 31 July 2024 395,000
At 31 July 2023 395,000

COBI Properties Limited (Registered number: 13518251)

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

4. INVESTMENT PROPERTY - continued

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2023 33,138
Cost 361,862
395,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 361,862 361,862

The investment properties were valued on an open market basis on 31 July 2023 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 100

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security - 40
Other creditors 195,922 192,257
195,922 192,297

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Fair
value
reserve
£   
At 1 August 2023
and 31 July 2024 196,842