Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-301false2023-12-01property investment1truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08777992 2023-12-01 2024-11-30 08777992 2022-12-01 2023-11-30 08777992 2024-11-30 08777992 2023-11-30 08777992 c:Director1 2023-12-01 2024-11-30 08777992 d:FreeholdInvestmentProperty 2024-11-30 08777992 d:FreeholdInvestmentProperty 2023-11-30 08777992 d:CurrentFinancialInstruments 2024-11-30 08777992 d:CurrentFinancialInstruments 2023-11-30 08777992 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 08777992 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 08777992 d:ShareCapital 2024-11-30 08777992 d:ShareCapital 2023-11-30 08777992 d:SharePremium 2023-12-01 2024-11-30 08777992 d:SharePremium 2024-11-30 08777992 d:SharePremium 2023-11-30 08777992 d:InvestmentPropertiesRevaluationReserve 2023-12-01 2024-11-30 08777992 d:InvestmentPropertiesRevaluationReserve 2024-11-30 08777992 d:InvestmentPropertiesRevaluationReserve 2023-11-30 08777992 d:RetainedEarningsAccumulatedLosses 2023-12-01 2024-11-30 08777992 d:RetainedEarningsAccumulatedLosses 2024-11-30 08777992 d:RetainedEarningsAccumulatedLosses 2023-11-30 08777992 d:OtherDeferredTax 2024-11-30 08777992 d:OtherDeferredTax 2023-11-30 08777992 c:FRS102 2023-12-01 2024-11-30 08777992 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 08777992 c:FullAccounts 2023-12-01 2024-11-30 08777992 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure
Registered number: 08777992






CGW INVESTMENTS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024










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CGW INVESTMENTS LIMITED
REGISTERED NUMBER:08777992

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
330,000
330,000

  
330,000
330,000

Current assets
  

Debtors: amounts falling due within one year
 5 
2,449
1,690

Cash at bank and in hand
 6 
38,000
38,000

  
40,449
39,690

Creditors: amounts falling due within one year
 7 
(2,095)
(1,907)

Net current assets
  
 
 
38,354
 
 
37,783

Total assets less current liabilities
  
368,354
367,783

Provisions for liabilities
  

Deferred tax
 8 
(35,191)
(36,148)

  
 
 
(35,191)
 
 
(36,148)

Net assets
  
333,163
331,635


Capital and reserves
  

Called up share capital 
  
1
1

Share premium account
 9 
288,000
288,000

Investment property reserve
 9 
80,000
80,000

Profit and loss account
 9 
(34,838)
(36,366)

  
333,163
331,635


Page 1

 
CGW INVESTMENTS LIMITED
REGISTERED NUMBER:08777992
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 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 her 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 7 August 2025.




................................................
C Whitley
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
CGW INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

CGW Investments Limited is a company limited by shares, incorporated in England and Wales. Its
registered office is Phoenix House, Redhill Aerodrome, Kings Mill Lane, Redhill, Surrey, RH1 5JY.
The principal activity of the company continued to be that of property investment.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
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:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
CGW INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.4

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.

 
2.5

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.

 
2.6

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.

 
2.7

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.

Page 4

 
CGW INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.8

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.

 
2.9

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and loss account.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 -1).

Page 5

 
CGW INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Investment property


Freehold investment property

£



Valuation


At 1 December 2023
330,000



At 30 November 2024
330,000

The 2024 valuations were made by C Whitley, on an open market value for existing use basis.

2024
2023
£
£

Revaluation reserves


At 1 December 2023
80,000
80,000

At 30 November 2024
80,000
80,000



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
71,890
71,890

71,890
71,890


5.


Debtors

2024
2023
£
£


Other debtors
2,449
1,690

2,449
1,690


Page 6

 
CGW INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
38,000
38,000

38,000
38,000



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
372
-

Other taxation and social security
152
152

Other creditors
451
635

Accruals and deferred income
1,120
1,120

2,095
1,907



8.


Deferred taxation




2024


£






At beginning of year
(36,148)


Charged to profit or loss
957



At end of year
(35,191)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Revalutaion of investment property
(35,191)
(36,148)

(35,191)
(36,148)

Page 7

 
CGW INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

9.


Reserves

Share premium account

On 1 December 2015 one ordinary share with a nominal value of £1 was allotted to C Whitley in respect of
the the settlement monies of £288,000 following the demerger of Whitley Investments Limited.

Investment property revaluation reserve

This reserve forms part of the profit and loss reserve representing the non-distributable element arising
from the revaluation of investment property net of deferred tax.

Profit and loss account

All reserves in respect of profit and loss are distributable reserves.

 
Page 8