Registration number: 13158252

Citypress Employee Trustee Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

Citypress Employee Trustee Limited

(Registration number: 13158252)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Other financial assets	4	9,000,000	9,000,000
Current assets
Debtors	5	1,430,839	1,501,798
Creditors: Amounts falling due within one year	6	(1,201,000)	(2,810,000)
Net current assets/(liabilities)		229,839	(1,308,202)
Net assets		9,229,839	7,691,798
Reserves
Retained earnings		9,229,839	7,691,798
Surplus		9,229,839	7,691,798

For the financial year ending 31 December 2024 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 year 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 29 September 2025 and signed on its behalf by:
 

......................................... Mr Martin Currie Director

......................................... Mrs Donna Louise Tattersall Director

Citypress Employee Trustee Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £Nil towards the assets of the company in the event of liquidation.

The address of its registered office is:
5TH Floor Union
2-10 Albert Square
Manchester
M2 6LW
England

These financial statements were authorised for issue by the Board on 29 September 2025.

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.

Citypress Employee Trustee Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Going concern

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

4	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 January 2024	9,000,000	9,000,000
At 31 December 2024	9,000,000	9,000,000
Impairment
Carrying amount
At 31 December 2024	9,000,000	9,000,000

Citypress Employee Trustee Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

5

Debtors

Current	2024 £	2023 £
Other debtors	1,430,839	1,501,798
	1,430,839	1,501,798

6

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Other creditors	1,201,000	2,810,000