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REGISTERED NUMBER: 05169817 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CABINET INVESTMENTS LIMITED

CABINET INVESTMENTS LIMITED (REGISTERED NUMBER: 05169817)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CABINET INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: S A Vitty





REGISTERED OFFICE: The Old Bank
997 Abbeydale Road
Millhouses
Sheffield
South Yorkshire
S7 2QE





REGISTERED NUMBER: 05169817 (England and Wales)





ACCOUNTANTS: Jones Francis Limited
400-402 Richmond Road
Sheffield
South Yorkshire
S13 8LZ

CABINET INVESTMENTS LIMITED (REGISTERED NUMBER: 05169817)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 100 100
Investment property 5 928,000 908,971
928,100 909,071

CURRENT ASSETS
Debtors 6 4,430 4,936
Cash at bank 565,053 278,207
569,483 283,143
CREDITORS
Amounts falling due within one year 7 15,228 1,014,722
NET CURRENT ASSETS/(LIABILITIES) 554,255 (731,579 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,482,355

177,492

CREDITORS
Amounts falling due after more than
one year

8

(324,000

)

(324,000

)

PROVISIONS FOR LIABILITIES (8,186 ) (2,606 )
NET ASSETS/(LIABILITIES) 1,150,169 (149,114 )

CABINET INVESTMENTS LIMITED (REGISTERED NUMBER: 05169817)

BALANCE SHEET - continued
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 10
Fair value reserve 10 24,558 11,109
Retained earnings 1,125,601 (160,233 )
SHAREHOLDERS' FUNDS 1,150,169 (149,114 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 6 August 2025 and were signed by:





S A Vitty - Director


CABINET INVESTMENTS LIMITED (REGISTERED NUMBER: 05169817)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Cabinet 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 and management charges, income is recognised in respect of the period to which it relates.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

CABINET INVESTMENTS LIMITED (REGISTERED NUMBER: 05169817)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 100
NET BOOK VALUE
At 31 December 2024 100
At 31 December 2023 100

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 908,971
Revaluations 19,029
At 31 December 2024 928,000
NET BOOK VALUE
At 31 December 2024 928,000
At 31 December 2023 908,971

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2020 (36,428 )
Valuation in 2022 45,000
Valuation in 2023 5,143
Valuation in 2024 19,029
Cost 895,256
928,000

If investment properties had not been revalued they would have been included at the following historical cost:

31.12.24 31.12.23
£    £   
Cost 895,256 895,256

Investment properties were valued on an open market basis on 31 December 2024 by the director .

CABINET INVESTMENTS LIMITED (REGISTERED NUMBER: 05169817)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed by group undertakings 55 55
Other debtors 4,375 4,881
4,430 4,936

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 1,159 1,846
Amounts owed to participating interests 10,114 1,010,114
Taxation and social security - 170
Other creditors 3,955 2,592
15,228 1,014,722

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.24 31.12.23
£    £   
Other creditors 324,000 324,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 324,000 324,000

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Other loans 324,000 324,000

10. RESERVES
Fair
value
reserve
£   
At 1 January 2024 11,109
Fair value movement 13,449

At 31 December 2024 24,558

CABINET INVESTMENTS LIMITED (REGISTERED NUMBER: 05169817)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S A Vitty.