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REGISTERED NUMBER: 13328815 (England and Wales)















CHIEF PROPERTY INVESTMENTS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






CHIEF PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 13328815)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 6


CHIEF PROPERTY INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mr Amar Rashid
Mrs Farzanah Shareef





REGISTERED OFFICE: 4 Highlands Court
Cranmore Avenue
Solihull
West Midlands
B90 4LE





BUSINESS ADDRESS: 18-22 Stoney Lane
Yardley
Birmingham
B25 8YP





REGISTERED NUMBER: 13328815 (England and Wales)





ACCOUNTANTS: Shareef
Chartered Accountants
4 Highlands Court
Cranmore Avenue
Solihull
West Midlands
B90 4LE

CHIEF PROPERTY INVESTMENTS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
CHIEF PROPERTY INVESTMENTS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages four to ten and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Shareef
Chartered Accountants
4 Highlands Court
Cranmore Avenue
Solihull
West Midlands
B90 4LE


29 May 2025

CHIEF PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 13328815)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Investment property 4 1,200,000 1,200,000

CURRENT ASSETS
Cash at bank 41,755 9,063

CREDITORS
Amounts falling due within one year 5 202,375 170,120
NET CURRENT LIABILITIES (160,620 ) (161,057 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,039,380

1,038,943

CREDITORS
Amounts falling due after more than one year 6 (310,023 ) (332,871 )

PROVISIONS FOR LIABILITIES (173,986 ) (173,986 )
NET ASSETS 555,371 532,086

CAPITAL AND RESERVES
Called up share capital 300 300
Revaluation reserve 7 521,958 521,958
Retained earnings 33,113 9,828
555,371 532,086

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

CHIEF PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 13328815)

BALANCE SHEET - continued
31 MARCH 2025


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 29 May 2025 and were signed on its behalf by:




Mr Amar Rashid - Director



Mrs Farzanah Shareef - Director


CHIEF PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 13328815)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Chief Property Investments 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.

Turnover
Turnover represents rental income from property.

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 2 (2024 - 2 ) .

CHIEF PROPERTY INVESTMENTS LIMITED (REGISTERED NUMBER: 13328815)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 1,200,000
NET BOOK VALUE
At 31 March 2025 1,200,000
At 31 March 2024 1,200,000

The property was valued by an officer of the company. In the director's opinion the market value of the property is £1,200,000.

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2022 695,944
Cost 504,056
1,200,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 21,101 19,356
Amounts owed to participating interests 146,499 134,299
Taxation and social security 5,714 252
Other creditors 29,061 16,213
202,375 170,120

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 310,023 332,871

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 214,118 243,948

7. RESERVES
Revaluation
reserve
£   
At 1 April 2024
and 31 March 2025 521,958