Registered number
14265734
CSG Property Investments Limited
Filleted Accounts
31 July 2024
CSG Property Investments Limited
Registered number: 14265734
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Investments 3 1,298,160 750,536
Current assets
Debtors 4 519,723 51,500
Investments held as current assets 5 50 50
Cash at bank and in hand 12,361 13,401
532,134 64,951
Creditors: amounts falling due within one year 6 (202,140) (41,840)
Net current assets 329,994 23,111
Total assets less current liabilities 1,628,154 773,647
Creditors: amounts falling due after more than one year 7 (686,724) -
Net assets 941,430 773,647
Capital and reserves
Called up share capital 1 1
Profit and loss account 941,429 773,646
Shareholders' funds 941,430 773,647
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Charanjeet Singh Gulati
Director
Approved by the board on 15 July 2025
CSG Property Investments Limited
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes the rent received on the company's investment property.
Investment property
Investment property, which is property which is held to earn rentals and/or capital appreciation, is initially recognised at cost, which is the purchase cost and any directly attributable expenditure. Subsequently it is measured at a fair value at the reporting end date. Changes in fair value are recogbnised in the profit and loss account. Deferred taxation is provided on these gains at the rates expected to apply when properties are sold.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Investment property Investment
property
£
Cost
At 1 August 2023 750,536
Additions 547,624
At 31 July 2024 1,298,160
4 Debtors 2024 2023
£ £
Other debtors 519,723 51,500
5 Investments held as current assets 2024 2023
£ £
Fair value
Unlisted investments 50 50
6 Creditors: amounts falling due within one year 2024 2023
£ £
Director's loan 200,640 40,640
Other creditors 1,500 1,200
202,140 41,840
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 686,724 -
8 Related party transactions
Other debtors includes £519,723 due from Hambridge Lane Limited a company where the director and shareholder has a material interest.
9 Other information
CSG Property Investments Limited is a private company limited by shares and incorporated in England. Its registered office is:
37 Orchard Waye
Uxbridge
United kingdom
UB2 2BW
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