Company Registration No. 14671323 (England and Wales)
Confido Property Limited
Unaudited accounts
for the year ended 31 March 2025
Confido Property Limited
Unaudited accounts
Contents
Confido Property Limited
Company Information
for the year ended 31 March 2025
Company Number
14671323 (England and Wales)
Registered Office
1b Dundas Close
Bracknell
Berkshire
RG12 7BX
England
Accountants
SD Accountants Limited
24 Burford Court
Rances Lane
Wokingham
RG40 2LJ
Confido Property Limited
Statement of financial position
as at 31 March 2025
Tangible assets
4,446
8,891
Investment property
780,680
780,680
Cash at bank and in hand
33,735
26,396
Creditors: amounts falling due within one year
(660)
(660)
Net current assets
34,716
25,737
Total assets less current liabilities
819,842
815,308
Creditors: amounts falling due after more than one year
(841,300)
(841,300)
Net liabilities
(21,458)
(25,992)
Called up share capital
1
1
Profit and loss account
(21,459)
(25,993)
Shareholders' funds
(21,458)
(25,992)
For the year ending 31 March 2025 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.
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 13 June 2025 and were signed on its behalf by
Craig Turner
Director
Company Registration No. 14671323
Confido Property Limited
Notes to the Accounts
for the year ended 31 March 2025
Confido Property Limited is a private company, limited by shares, registered in England and Wales, registration number 14671323. The registered office is 1b Dundas Close, Bracknell, Berkshire, RG12 7BX, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
3 Years Straight Line
Confido Property Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 April 2024
780,680
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
486,300
486,300
Amounts owed to group undertakings and other participating interests
355,000
355,000
At the balance sheet date, Confido Property Limited had mortgage charges against the investment properties held at 31 March 2025.
9
Transactions with related parties
Confido Property Limited was given a loan from Confido Talent Limited totaling £355,000. This loan is repayable on demand.
Confido Property Limited
Notes to the Accounts
for the year ended 31 March 2025
10
Average number of employees
During the year the average number of employees was 1 (2024: 1).