Caseware UK (AP4) 2024.0.164 2024.0.164 2024-03-312024-03-31falsetruefalse2023-04-01The Company's principal activity continued to be of Investment Property00The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11637170 2023-04-01 2024-03-31 11637170 2022-04-01 2023-03-31 11637170 2024-03-31 11637170 2023-03-31 11637170 c:Director1 2023-04-01 2024-03-31 11637170 d:LeaseholdInvestmentProperty 2024-03-31 11637170 d:LeaseholdInvestmentProperty 2023-03-31 11637170 d:CurrentFinancialInstruments 2024-03-31 11637170 d:CurrentFinancialInstruments 2023-03-31 11637170 d:Non-currentFinancialInstruments 2024-03-31 11637170 d:Non-currentFinancialInstruments 2023-03-31 11637170 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11637170 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11637170 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 11637170 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 11637170 d:ShareCapital 2024-03-31 11637170 d:ShareCapital 2023-03-31 11637170 d:RetainedEarningsAccumulatedLosses 2024-03-31 11637170 d:RetainedEarningsAccumulatedLosses 2023-03-31 11637170 c:FRS102 2023-04-01 2024-03-31 11637170 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11637170 c:FullAccounts 2023-04-01 2024-03-31 11637170 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11637170 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 11637170









CHURCH PATH PROPERTIES (UNIT- 3) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
CHURCH PATH PROPERTIES (UNIT- 3) LIMITED
REGISTERED NUMBER: 11637170

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
329,756
329,756

  
329,756
329,756

Current assets
  

Debtors: amounts falling due within one year
 5 
-
2,955

Cash at bank and in hand
 6 
4,222
151

  
4,222
3,106

Creditors: amounts falling due within one year
 7 
(91,459)
(96,327)

Net current liabilities
  
 
 
(87,237)
 
 
(93,221)

Total assets less current liabilities
  
242,519
236,535

Creditors: amounts falling due after more than one year
 8 
(234,440)
(231,326)

  

Net assets
  
8,079
5,209


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
7,979
5,109

  
8,079
5,209


Page 1

 
CHURCH PATH PROPERTIES (UNIT- 3) LIMITED
REGISTERED NUMBER: 11637170
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 August 2025.




Nadia Momin Imam
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
CHURCH PATH PROPERTIES (UNIT- 3) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The company is a members limited liability company incorporated in the United Kingdom.
The registered address of the company is:
22 Gilbert Street
London
W1K 5HD  

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
CHURCH PATH PROPERTIES (UNIT- 3) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

The average monthly number of employees, including directors, during the year was 0 (2023 - 0).


4.


Investment property


Long term leasehold investment property

£



Valuation


At 1 April 2023
329,756



At 31 March 2024
329,756

The 2024 valuations were made by the Director of the Company, on an open market value for existing use basis.



At 31 March 2024





5.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
-
194

Other debtors
-
2,761

-
2,955


Page 4

 
CHURCH PATH PROPERTIES (UNIT- 3) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
4,222
151

4,222
151



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
37,296
42,755

Trade creditors
171
681

Amounts owed to group undertakings
53,992
52,891

91,459
96,327



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
234,440
231,326

234,440
231,326


The following liabilities were secured:

2024
2023
£
£



Bank loan
234,440
231,325

234,440
231,325

Details of security provided:

Bank loan of £234,440 (2023 - £231,325) was secured on the assets of the company.


9.


Related party transactions

As at the reporting date, the company had related party balances due to IPE Group (Holdings) Limited £52,792 (2023: £52,890).

Page 5

 
CHURCH PATH PROPERTIES (UNIT- 3) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

10.


Controlling party

As at the reporting period, the ultimate controlling party is Mohammed Adnan Imam by virtue of his majority shareholding into the company.

 
Page 6