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Company Registration No. 13588440 (England and Wales)
CRESTHAVEN INVESTMENTS LIMITED Unaudited accounts for the year ended 31 August 2024
CRESTHAVEN INVESTMENTS LIMITED Unaudited accounts Contents
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CRESTHAVEN INVESTMENTS LIMITED Company Information for the year ended 31 August 2024
Director
Mr Gary BLOCH
Company Number
13588440 (England and Wales)
Registered Office
HIGHBANK GREENBANK CRESCENT LONDON NW4 2LA ENGLAND
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CRESTHAVEN INVESTMENTS LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
525,235 
524,795 
Current assets
Debtors
178,227 
(181,773)
Cash at bank and in hand
6,081 
5,998 
184,308 
(175,775)
Creditors: amounts falling due within one year
(456)
(912)
Net current assets/(liabilities)
183,852 
(176,687)
Total assets less current liabilities
709,087 
348,108 
Creditors: amounts falling due after more than one year
(631,500)
(258,125)
Provisions for liabilities
Deferred tax
(23,126)
(23,126)
Net assets
54,461 
66,857 
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
121,715 
121,715 
Profit and loss account
(67,255)
(54,859)
Shareholders' funds
54,461 
66,857 
For the year ending 31 August 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 20 May 2025 and were signed on its behalf by
Mr Gary BLOCH Director Company Registration No. 13588440
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CRESTHAVEN INVESTMENTS LIMITED Notes to the Accounts for the year ended 31 August 2024
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Statutory information
CRESTHAVEN INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13588440. The registered office is HIGHBANK, GREENBANK CRESCENT, LONDON, NW4 2LA, ENGLAND.
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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.
Compliance with accounting standards
These financial statements have been prepared in compliance with Section lA of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of lreland'.
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity
Turnover
The turnover shown in the Profit and Loss Account represents amounts of rental income and service charges invoiced during the period
Presentation currency
The accounts are presented in £ sterling.
Property outgoings
Property outgoings are recognised in the Profit and Loss Account in the year in which they are incurred.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference
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CRESTHAVEN INVESTMENTS LIMITED Notes to the Accounts for the year ended 31 August 2024
Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss No depreciation is provided in respect of investment property applying the fair value model. Investment property fair value is determined by the director based on his understanding of property market conditions and the specific property
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities..
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Average number of employees
During the year the average number of employees was 0 (2023: 0).
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