C.N.P Properties (Wirral) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11262107 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

C.N.P Properties (Wirral) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

Mrs L T Pringle

S C Pringle

REGISTERED OFFICE:

Barnston House

Beacon Lane

Heswall

Wirral

CH60 0EE

REGISTERED NUMBER:

11262107 (England and Wales)

ACCOUNTANTS:

Dufton Kellner Limited

Chartered Accountants

Barnston House

Beacon Lane

Heswall

Wirral

Merseyside

CH60 0EE

FIXED ASSETS

Tangible assets

4

-

3,600

Investment property

5

7,218,352

7,258,500

7,218,352

7,262,100

CURRENT ASSETS

Debtors

6

21,471

20,226

Cash at bank and in hand

49,733

93,335

71,204

113,561

CREDITORS

Amounts falling due within one year

7

1,572,399

542,048

NET CURRENT LIABILITIES

(1,501,195

)

(428,487

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,717,157

6,833,613

CREDITORS

Amounts falling due after more than one
year

8

5,000

1,343,514

NET ASSETS

5,712,157

5,490,099

CAPITAL AND RESERVES

Called up share capital

10

5,091,249

Retained earnings

620,908

398,850

SHAREHOLDERS' FUNDS

5,712,157

5,490,099

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2025 and were signed on its behalf by:

S C Pringle - Director

1.	STATUTORY INFORMATION

C.N.P Properties (Wirral) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

25% on cost

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 Profit and loss account, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

6,400

Disposals

(6,400

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

2,800

Charge for year

900

Eliminated on disposal

(3,700

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

3,600

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

7,258,500

Additions

309,852

Disposals

(350,000

)

At 31 March 2025

7,218,352

NET BOOK VALUE

At 31 March 2025

7,218,352

At 31 March 2024

7,258,500

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

7,218,352

Investment property was valued on an open market basis on 31 March 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

1,392

1,143

Other debtors

20,079

19,083

21,471

20,226

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

-

275,000

Trade creditors

3,382

2,306

Taxation and social security

70,052

47,190

Other creditors

1,498,965

217,552

1,572,399

542,048

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Other creditors

5,000

1,343,514

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

Bank loans

-

275,000

The bank loans were secured on the various properties that the company owns.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary

50,912.49

5,091,249

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits from directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

C N Pringle and Mrs L T Pringle

Balance outstanding at start of year

-

(47,335

)

Amounts advanced

-

324,295

Amounts repaid

-

(276,960

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

-

Mrs L T Pringle

Balance outstanding at start of year

(111,242

)

-

Amounts advanced

22,654

26,419

Amounts repaid

(18,262

)

(137,661

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(106,850

)

(111,242

)

The loans are interest free, unsecured and repayable on demand.

12.	RELATED PARTY DISCLOSURES

At the year end, 31 March 2025, the company owes The Estate of Mr C Pringle £135,115 (2024 - £114,184).

At the year end, 31 March 2025, the company owes £378,442 (2024 - £441,860 ) to Acorn Developers Limited, an associated company.

The company owes £861,480 (2024- £861,190) to The Dawpool Estate Limited, which is a related party by virtue of Mr C Pringle being a 50% shareholder.

All loans are interest free, unsecured and repayable on demand.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of C.N.P Properties (Wirral) Limited for the year ended 31 March 2025 which comprise the Profit and loss account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of C.N.P Properties (Wirral) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of C.N.P Properties (Wirral) Limited and state those matters that we have agreed to state to the Board of Directors of C.N.P Properties (Wirral) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than C.N.P Properties (Wirral) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that C.N.P Properties (Wirral) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of C.N.P Properties (Wirral) Limited. You consider that C.N.P Properties (Wirral) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of C.N.P Properties (Wirral) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Dufton Kellner Limited

Chartered Accountants

Barnston House

Beacon Lane

Heswall

Wirral

Merseyside

CH60 0EE

10 October 2025