Registration number: 15453543

CPFB Tunnicliffe Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 3

CPFB Tunnicliffe Ltd

(Registration number: 15453543)
Balance Sheet as at 31 January 2025

	Note	2025 £
Fixed assets
Investment property	4	570,663
Creditors: Amounts falling due within one year	5	(617,065)
Net liabilities		(46,402)
Capital and reserves
Called up share capital		100
Retained earnings		(46,502)
Shareholders' deficit		(46,402)

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 September 2025 and signed on its behalf by:
 

......................................... Mr R W Wainwright Director

CPFB Tunnicliffe Ltd

Notes to the Unaudited Financial Statements for the Period from 30 January 2024 to 31 January 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Enterprise Chambers
276 Furlong Rd
Tunstall
ST6 5UN
UK

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. The company meets its day to day working capital requirements through funds provided by the directors. The directors consider that these facilities will continue to be made available to the company. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments which would result if the going concern basis were not appropriate.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

CPFB Tunnicliffe Ltd

Notes to the Unaudited Financial Statements for the Period from 30 January 2024 to 31 January 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

4	Investment properties

	2025 £
Additions	570,663
At 31 January	570,663

There has been no valuation of investment property by an independent valuer.

5

Creditors

Creditors: amounts falling due within one year

	Note	2025 £
Due within one year
Loans and borrowings		303,150
Amounts due to related parties	6	312,535
Accruals		1,380
		617,065

Included within loans and borrowings are secured debts or £303,150. These loans contain a first fixed charge and negative pledges over the land at 16 Tunnicliffe Street, Macclesfield. SK10 1DE.
 

6	Related party transactions

CPFB Tunnicliffe Ltd wholly owned by CPFB Properties Ltd.
The intercompany loan of £312,535 within creditors is unsecured, repayable on demand and interest fee.