Cob Property Investments Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 02427020

Cob Property Investments Limited

Filleted Unaudited Financial Statements

31 March 2025

Cob Property Investments Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		1,201,217	1,221,980

Current assets

Debtors	6	200,000	207,800
Cash at bank and in hand		472,548	526,185
		---------	---------
		672,548	733,985

Creditors: amounts falling due within one year	7	69,725		162,383
		---------		---------
Net current assets			602,823	571,602
			------------	------------
Total assets less current liabilities			1,804,040	1,793,582
			------------	------------
Net assets			1,804,040	1,793,582
			------------	------------

Capital and reserves

Called up share capital	2	2
Profit and loss account	1,804,038	1,793,580
	------------	------------
Shareholders funds	1,804,040	1,793,582
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

Cob Property Investments Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 1 September 2025 , and are signed on behalf of the board by:

Belal G Atiyyah
Director

Company registration number: 02427020

Cob Property Investments Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the registered office is 1 Rickards Close, Surbiton, Surrey KT6 6RN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents rental income receivable. 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. Rental income is recognised on an accrual basis in accordance with the substance of the relevant agreement.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

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. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	25% straight line
	-	25% straight line

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.

4. Employee numbers

The average number of persons employed by the company during the year amounted to Nil (2024: 1 ).

5. Tangible assets

	Land and buildings	Fixtures and fittings	Motor vehicles	Total
	£	£	£	£
Cost
At 1 April 2024	1,200,000	3,248	47,115	1,250,363
Additions	–	881	–	881
Disposals	–	–	( 47,115)	( 47,115)
	------------	-------	--------	------------
At 31 March 2025	1,200,000	4,129	–	1,204,129
	------------	-------	--------	------------
Depreciation
At 1 April 2024	–	1,880	26,503	28,383
Charge for the year	–	1,032	–	1,032
Disposals	–	–	( 26,503)	( 26,503)
	------------	-------	--------	------------
At 31 March 2025	–	2,912	–	2,912
	------------	-------	--------	------------
Carrying amount
At 31 March 2025	1,200,000	1,217	–	1,201,217
	------------	-------	--------	------------
At 31 March 2024	1,200,000	1,368	20,612	1,221,980
	------------	-------	--------	------------

The company's investment property was revalued on a fair value basis by the director on 31 March 2025.

6. Debtors

	2025	2024
	£	£
Other debtors	200,000	207,800
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	257	2,890
Social security and other taxes	97	–
Other creditors	1,500	–
Other creditors	67,871	159,493
	--------	---------
	69,725	162,383
	--------	---------