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REGISTERED NUMBER: 01324826 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

CENTRELINE PROPERTIES (DEVELOPMENTS)
LIMITED

CENTRELINE PROPERTIES (DEVELOPMENTS)
LIMITED (REGISTERED NUMBER: 01324826)






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CENTRELINE PROPERTIES (DEVELOPMENTS)
LIMITED

COMPANY INFORMATION
For The Year Ended 30 September 2024







DIRECTOR: Mrs R L McNally





REGISTERED OFFICE: 442 Upper Richmond Road
London
SW15 5RQ





REGISTERED NUMBER: 01324826 (England and Wales)





ACCOUNTANTS: Banks & Co Limited
Chartered Certified Accountants
1 Carnegie Road
Newbury
Berkshire
RG14 5DJ

CENTRELINE PROPERTIES (DEVELOPMENTS)
LIMITED (REGISTERED NUMBER: 01324826)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,693 -
Investments 5 4,000 4,000
Investment property 6 1,575,000 1,575,000
1,580,693 1,579,000

CURRENT ASSETS
Debtors 7 694,579 1,087,289
Cash at bank 181,410 104,460
875,989 1,191,749
CREDITORS
Amounts falling due within one year 8 109,824 482,748
NET CURRENT ASSETS 766,165 709,001
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,346,858

2,288,001

CREDITORS
Amounts falling due after more than
one year

9

350,000

350,000
NET ASSETS 1,996,858 1,938,001

CAPITAL AND RESERVES
Called up share capital 4,006 4,006
Revaluation reserve 10 541,546 541,546
Retained earnings 1,451,306 1,392,449
SHAREHOLDERS' FUNDS 1,996,858 1,938,001

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

CENTRELINE PROPERTIES (DEVELOPMENTS)
LIMITED (REGISTERED NUMBER: 01324826)

BALANCE SHEET - continued
30 September 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 director and authorised for issue on 9 May 2025 and were signed by:





Mrs R L McNally - Director


CENTRELINE PROPERTIES (DEVELOPMENTS)
LIMITED (REGISTERED NUMBER: 01324826)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 September 2024

1. STATUTORY INFORMATION

Centreline Properties (Developments) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 1 (2023 - 1 ) .

CENTRELINE PROPERTIES (DEVELOPMENTS)
LIMITED (REGISTERED NUMBER: 01324826)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,728
At 30 September 2024 1,728
DEPRECIATION
Charge for year 35
At 30 September 2024 35
NET BOOK VALUE
At 30 September 2024 1,693

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakin
£   
COST
At 1 October 2023
and 30 September 2024 4,000
NET BOOK VALUE
At 30 September 2024 4,000
At 30 September 2023 4,000

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 1,575,000
NET BOOK VALUE
At 30 September 2024 1,575,000
At 30 September 2023 1,575,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 694,579 1,087,289

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 23,440 24,794
Amounts owed to group undertakings 2,299 2,299
Taxation and social security 33,978 427,313
Other creditors 50,107 28,342
109,824 482,748

CENTRELINE PROPERTIES (DEVELOPMENTS)
LIMITED (REGISTERED NUMBER: 01324826)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 September 2024

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 350,000 350,000

10. RESERVES
Revaluation
reserve
£   
At 1 October 2023
and 30 September 2024 541,546

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
R S McNally
Balance outstanding at start of year 778,372 685,341
Amounts advanced 11,569 99,789
Amounts repaid (315,598 ) (6,758 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 474,343 778,372

Mrs R L McNally
Balance outstanding at start of year 16,805 -
Amounts advanced 31,182 17,117
Amounts repaid (47,987 ) (312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 16,805