CONTESSA PROPERTY & INVESTMENT LIMITED

Company Registration Number:
01260360 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

CONTESSA PROPERTY & INVESTMENT LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

CONTESSA PROPERTY & INVESTMENT LIMITED

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

Property management and development.

Political and charitable donations

Charitable donations during the year amounted to £0. No contributions to political organisations were made during the year.

Company policy on disabled employees

It is the company's policy to give employment to disabled persons wherever practicable. At present no member of the company's staff is registered disabled.



Directors

The director shown below has held office during the whole of the period from
1 July 2023 to 30 June 2024

Mrs Ken-Ken Li


Secretary Mrs Ken-Ken Li

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 June 2025

And signed on behalf of the board by:
Name: Mrs Ken-Ken Li
Status: Secretary

CONTESSA PROPERTY & INVESTMENT LIMITED

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 655,641 654,702
Cost of sales: ( 282,352 ) ( 264,566 )
Gross profit(or loss): 373,289 390,136
Administrative expenses: ( 48,733 ) ( 29,950 )
Operating profit(or loss): 324,556 360,186
Interest receivable and similar income: 22,718 12,767
Profit(or loss) before tax: 347,274 372,953
Tax: ( 86,818 ) ( 70,861 )
Profit(or loss) for the financial year: 260,456 302,092

CONTESSA PROPERTY & INVESTMENT LIMITED

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 5,482,171 5,482,171
Total fixed assets: 5,482,171 5,482,171
Current assets
Debtors: 4 35,665 35,952
Cash at bank and in hand: 2,777,456 3,075,075
Total current assets: 2,813,121 3,111,027
Prepayments and accrued income: 35,766 35,766
Creditors: amounts falling due within one year: 5 ( 331,056 ) ( 262,818 )
Net current assets (liabilities): 2,517,831 2,883,975
Total assets less current liabilities: 8,000,002 8,366,146
Creditors: amounts falling due after more than one year: 6 ( 9 ) ( 9 )
Accruals and deferred income: ( 29,000 ) ( 12,000 )
Total net assets (liabilities): 7,970,993 8,354,137
Capital and reserves
Called up share capital: 95,969 95,969
Other reserves: 3,571,798 3,571,798
Profit and loss account: 4,303,226 4,686,370
Total Shareholders' funds: 7,970,993 8,354,137

The notes form part of these financial statements

CONTESSA PROPERTY & INVESTMENT LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 23 June 2025
and signed on behalf of the board by:

Name: Mrs Ken-Ken Li
Status: Director

The notes form part of these financial statements

CONTESSA PROPERTY & INVESTMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The turnover shown in the profit and loss account represents revenue recognised by the company in respect of rental and insurance recharge income and the profit or loss on disposal of property, all exclusive of Value Added Tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life - Fixtures and fittings 33.33% on cost, and Office equipment (including computer equipment) 33.33% on cost.

    Intangible fixed assets amortisation policy

    Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight-line basis over their estimated useful economic lives, not to exceed twenty years. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

    Valuation information and policy

    In accordance with the Statement of Standard Accounting Practice Number 19, those of the company's properties that are held for long-term investment are included in the balance sheet at their open market values. The surplus or deficit on revaluation of such investment properties is transferred to the investment property revaluation reserve. Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow-moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

    Other accounting policies

    Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

CONTESSA PROPERTY & INVESTMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

CONTESSA PROPERTY & INVESTMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 5,482,171 5,490 2,716 5,490,377
Additions
Disposals
Revaluations
Transfers
At 30 June 2024 5,482,171 5,490 2,716 5,490,377
Depreciation
At 1 July 2023 5,490 2,716 8,206
Charge for year
On disposals
Other adjustments
At 30 June 2024 5,490 2,716 8,206
Net book value
At 30 June 2024 5,482,171 0 0 5,482,171
At 30 June 2023 5,482,171 0 0 5,482,171

CONTESSA PROPERTY & INVESTMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
£ £
Trade debtors 33,091 27,823
Other debtors 2,574 8,129
Total 35,665 35,952

CONTESSA PROPERTY & INVESTMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 55,680 45,060
Taxation and social security 81,340 71,172
Other creditors 194,036 146,586
Total 331,056 262,818

CONTESSA PROPERTY & INVESTMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 9 9
Total 9 9