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REGISTERED NUMBER: 12891057 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

Caroline Place Estates Limited

Caroline Place Estates Limited (Registered number: 12891057)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2025




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 7


Caroline Place Estates Limited

COMPANY INFORMATION
for the year ended 31 March 2025







Directors: J J P Caslake
Miss G S Hayes





Secretary: Miss G S Hayes





Registered office: 71-75 Shelton Street
Covent Garden
London
WC2H 9QJ





Registered number: 12891057 (England and Wales)





Accountants: Websters
129 North Hill
Plymouth
Devon
PL4 8JY

Caroline Place Estates Limited (Registered number: 12891057)

BALANCE SHEET
31 March 2025

2025 2024
Notes £    £    £   
Fixed assets
Tangible assets 4 12,841 17,526
Investment property 5 804,620 804,620
817,461 822,146

Current assets
Debtors 6 1,871 90
Cash at bank 9,181 1,523
11,052 1,613
Creditors
Amounts falling due within one year 7 526,229 522,547
Net current liabilities (515,177 ) (520,934 )
Total assets less current liabilities 302,284 301,212

Provisions for liabilities 8 90,000 90,000
Net assets 212,284 211,212

Capital and reserves
Called up share capital 2 2
Revaluation reserve 9 269,820 269,820
Retained earnings (57,538 ) (58,610 )
Shareholders' funds 212,284 211,212

Caroline Place Estates Limited (Registered number: 12891057)

BALANCE SHEET - continued
31 March 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2025 and were signed on its behalf by:





J J P Caslake - Director


Caroline Place Estates Limited (Registered number: 12891057)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2025

1. STATUTORY INFORMATION

Caroline Place Estates Ltd 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 rent received during the period adjusted for amounts received in advance/in arrears at the balance sheet date.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Furnishings and equipment - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 50% on 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 Profit & Loss Account, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Caroline Place Estates Limited (Registered number: 12891057)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Creditors and provisions
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.

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 amsed cost determined using the effective interest method.

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.

Going concern
These financial statements have been prepared on a going concern basis, which is reliant upon the continued support of the directors who have confirmed that their support will continue into the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Furnishings
and Motor Computer
equipment vehicles equipment Totals
£    £    £    £   
Cost
At 1 April 2024 17,664 17,500 1,252 36,416
Additions 1,977 - - 1,977
At 31 March 2025 19,641 17,500 1,252 38,393
Depreciation
At 1 April 2024 7,488 10,150 1,252 18,890
Charge for year 3,762 2,900 - 6,662
At 31 March 2025 11,250 13,050 1,252 25,552
Net book value
At 31 March 2025 8,391 4,450 - 12,841
At 31 March 2024 10,176 7,350 - 17,526

Caroline Place Estates Limited (Registered number: 12891057)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025

5. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 April 2024
and 31 March 2025 804,620
Net book value
At 31 March 2025 804,620
At 31 March 2024 804,620

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2022 222,544
Valuation in 2023 137,276
Cost 444,800
804,620

If investment property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 444,800 444,800

Investment property was valued on an open market basis on 31 March 2025 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 1,871 90

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security - 800
Other creditors 526,229 521,747
526,229 522,547

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 90,000 90,000

Caroline Place Estates Limited (Registered number: 12891057)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2025

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2024 90,000
Balance at 31 March 2025 90,000

9. RESERVES
Revaluation
reserve
£   
At 1 April 2024
and 31 March 2025 269,820

10. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the following amounts to related parties:

Mr JJ Caslake director and shareholder £177,568
Miss G S Hayes director and shareholder £343,810




11. ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by the directors.