| The Centre Properties (UK) Limited |
| Registered Number:08692901 |
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2024
The Centre Properties (UK) Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
The Centre Properties (UK) Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
9,100
15,150
1,269,730
1,269,730
1,278,830
1,284,880
| Trade and other receivables |
14,000
24,000
2
28,154
| Cash and cash equivalents |
16,612
40,612
42,154
| Trade and other payables: amounts falling due within one |
| year |
(246,541)
(249,313)
3
(204,387)
(208,701)
Net current liabilities
| Total assets less current liabilities |
1,070,129
1,080,493
| Trade and other payables: amounts falling due after more |
| than one year |
(537,207)
(484,073)
4
(75,648)
(75,648)
| Provisions for liabilities |
510,408
Net assets
467,638
200
200
510,208
467,438
510,408
467,638
Shareholders' funds
| For the year ended 31 August 2024 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Mr Tirlochan Singh Sachdeva Director |
| These financial statements were approved and authorised for issue by the Board on 30 August 2025 and were signed by: |
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For the year ended 31 August 2024
The Centre Properties (UK) Limited
Statement of Financial Position Continued
| The notes form part of these financial statements |
2 of 4
For the year ended 31 August 2024
The Centre Properties (UK) Limited
Notes to the Financial Statements
Statutory Information
| The Centre Properties (UK) Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 08692901. |
3 Welley Avenue
Wraysbury
Staines-Upon-Thames
TW19 5HE
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| 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. |
Property, plant and equipment
| Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: |
Computer Equipment
Furniture and Fittings
Investment property
| Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss. If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. |
Financial instruments
| The company has elected to apply the provisions of Section 11 "Basic Financial Instruments" to all of its financial |
| instruments. |
| Financial instruments are recognised in the company's balance sheet when the company becomes party to the |
| contractual provisions of the instrument. |
| Short term debtors are measured at transaction price less any provisions for impairment. Loans receivable are |
| measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs using the |
| effective interest method, less any provision for impairment. |
| Short term creditors are measured at transaction price. Other financial liabilities, including bank loans and other |
| loans, are measured initially at fair value, net of transaction costs and are subsequently carried at amortised costs |
| using the effective interest method. |
Non distributable reserves
| Profit and loss reserves contains Non distributable reserves for £321,182 (2018: £321,182) net of the related |
| deferred tax deriving from the fair value adjustment of investment properties. |
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For the year ended 31 August 2024
The Centre Properties (UK) Limited
Notes to the Financial Statements Continued
| 2. Trade and other receivables |
2023
2024
24,000
14,000
| 3. Trade and other payables: amounts falling due within one year |
2023
2024
100,188
100,188
| Taxation and social security |
23,703
19,162
125,422
127,191
249,313
246,541
| 4. Trade and other payables: amounts falling due after more than one year |
2023
2024
484,073
537,207
| 5. Average number of persons employed |
During the year the average number of employees was 0
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