1 May 2024 false Taxfiler 2024.6 10777505business:PrivateLimitedCompanyLtd2024-05-012025-04-30 107775052024-04-30 107775052024-05-012025-04-30 10777505business:AuditExemptWithAccountantsReport2024-05-012025-04-30 10777505business:FilletedAccounts2024-05-012025-04-30 107775052025-04-30 10777505business:Director12024-05-012025-04-30 10777505business:Director22024-05-012025-04-30 10777505business:RegisteredOffice2024-05-012025-04-30 107775052024-04-30 10777505core:WithinOneYear2025-04-30 10777505core:WithinOneYear2024-04-30 10777505core:AfterOneYear2025-04-30 10777505core:AfterOneYear2024-04-30 10777505core:ShareCapitalcore:PreviouslyStatedAmount2025-04-30 10777505core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 10777505core:RevaluationReservecore:PreviouslyStatedAmount2025-04-30 10777505core:RevaluationReservecore:PreviouslyStatedAmount2024-04-30 10777505core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-04-30 10777505core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 10777505core:PreviouslyStatedAmount2025-04-30 10777505core:PreviouslyStatedAmount2024-04-30 10777505business:SmallEntities2024-05-012025-04-30 10777505countries:EnglandWales2024-05-012025-04-30 10777505core:FurnitureFittings2024-05-012025-04-30 10777505core:ComputerEquipment2024-05-012025-04-30 10777505core:FurnitureFittings2024-04-30 10777505core:ComputerEquipment2024-04-30 10777505core:FurnitureFittings2025-04-30 10777505core:ComputerEquipment2025-04-30 10777505core:MoreThanFiveYears2025-04-30 10777505core:MoreThanFiveYears2024-04-30 10777505core:AfterOneYear2024-05-012025-04-30 10777505core:RevaluationInvestmentPropertyDeferredTax2025-04-30 10777505core:RevaluationInvestmentPropertyDeferredTax2024-04-30 107775052023-04-30 107775052023-05-012024-04-30 iso4217:GBP xbrli:pure
Company Registration No. 10777505 (England and Wales)
C.N.B. Property Ltd Unaudited accounts for the year ended 30 April 2025
C.N.B. Property Ltd Unaudited accounts Contents
Page
- 2 -
C.N.B. Property Ltd Company Information for the year ended 30 April 2025
Directors
Claire Blakey Nigel Blakey
Company Number
10777505 (England and Wales)
Registered Office
The Old Presbytery 2 Chapel Lane WETHERBY West Yorkshire LS23 6HU
Accountants
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT
- 3 -
C.N.B. Property Ltd Accountants' report
Accountants' report to the board of directors of C.N.B. Property Ltd on the preparation of the unaudited statutory accounts for the year ended 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of C.N.B. Property Ltd for the year ended 30 April 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of C.N.B. Property Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of C.N.B. Property Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than C.N.B. Property Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that C.N.B. Property Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of C.N.B. Property Ltd. You consider that C.N.B. Property Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of C.N.B. Property Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited First Floor 85 Great Portland Street London W1W 7LT 30 May 2025
- 4 -
C.N.B. Property Ltd Statement of financial position as at 30 April 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Investment property
605,000 
600,198 
Current assets
Debtors
29,419 
3,715 
Cash at bank and in hand
8,181 
19,193 
37,600 
22,908 
Creditors: amounts falling due within one year
(134,793)
(38,467)
Net current liabilities
(97,193)
(15,559)
Total assets less current liabilities
507,807 
584,639 
Creditors: amounts falling due after more than one year
(443,475)
(443,475)
Provisions for liabilities
Deferred tax
(6,826)
(5,625)
Net assets
57,506 
135,539 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
20,476 
16,875 
Profit and loss account
36,930 
118,564 
Shareholders' funds
57,506 
135,539 
For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2025 and were signed on its behalf by
Nigel Blakey Director Company Registration No. 10777505
- 5 -
C.N.B. Property Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
C.N.B. Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 10777505. The registered office is The Old Presbytery, 2 Chapel Lane, WETHERBY, West Yorkshire, LS23 6HU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33% on cost
Computer equipment
33% on cost
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2024
13,109 
1,735 
14,844 
At 30 April 2025
13,109 
1,735 
14,844 
Depreciation
At 1 May 2024
13,109 
1,735 
14,844 
At 30 April 2025
13,109 
1,735 
14,844 
Net book value
At 30 April 2025
- 
- 
- 
5
Investment property
2025 
£ 
Fair value at 1 May 2024
600,198 
Net gain from fair value adjustments
4,802 
At 30 April 2025
605,000 
- 6 -
C.N.B. Property Ltd Notes to the Accounts for the year ended 30 April 2025
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
32 
3,715 
Other debtors
29,387 
- 
29,419 
3,715 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
- 
37,383 
Other creditors
64 
64 
Loans from directors
133,565 
- 
Accruals
1,164 
1,020 
134,793 
38,467 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
443,475 
443,475 
Aggregate of amounts that fall due for payment after five years
443,475 
443,475 
Included in long term creditors are bank loans secured on investment properties. Personal guarantees have been provided.
9
Deferred taxation
2025 
2024 
£ 
£ 
Revaluation of investment property
6,826 
5,625 
2025 
2024 
£ 
£ 
Provision at start of year
5,625 
5,625 
Charged to the profit and loss account
1,201 
- 
Provision at end of year
6,826 
5,625 
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 7 -