City Point Property Partners Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10529985 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

City Point Property Partners Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

G Uddin

SECRETARY:

REGISTERED OFFICE:

Trust House

5 New Augustus Street

St James Business Park

Bradford

BD1 5LL

REGISTERED NUMBER:

10529985 (England and Wales)

ACCOUNTANTS:

Isaacs

Trust House C/O Isaacs

St James Business Park

5 New Augustus Street

Bradford

West Yorkshire

BD1 5LL

FIXED ASSETS

Investment property

4

89,148

CURRENT ASSETS

Debtors

5

48,361

18,790

Cash at bank and in hand

14,692

14,877

63,053

33,667

CREDITORS

Amounts falling due within one year

6

31,584

31,022

NET CURRENT ASSETS

31,469

2,645

TOTAL ASSETS LESS CURRENT
LIABILITIES

120,617

91,793

CAPITAL AND RESERVES

Called up share capital

2

Retained earnings

120,615

91,791

SHAREHOLDERS' FUNDS

120,617

91,793

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 September 2025 and were signed by:

G Uddin - Director

1.	STATUTORY INFORMATION

City Point Property Partners 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

89,148

NET BOOK VALUE

At 31 December 2024

89,148

At 31 December 2023

89,148

5.

DEBTORS

2024

2023

£

Amounts falling due within one year:

Trade debtors

(544

)

635

Other debtors

3,155

2,611

3,790

Amounts falling due after more than one year:

Other debtors

45,750

15,000

Aggregate amounts

48,361

18,790

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade creditors

24,000

24,001

Taxation and social security

6,761

6,298

Other creditors

823

723

31,584

31,022