Registration number: 14237095

CNV Property Limited

Contents

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

CNV Property Limited

(Registration number: 14237095)
Abridged Balance Sheet as at 31 January 2025

	Note	2025 £	2023 £
Fixed assets
Investment property	4	813,886	-
Current assets
Debtors		45,721	-
Cash at bank and in hand		2,061	200
		47,782	200
Creditors: Amounts falling due within one year	5	(14,900)	-
Net current assets		32,882	200
Total assets less current liabilities		846,768	200
Creditors: Amounts falling due after more than one year	6	(846,793)	-
Net (liabilities)/assets		(25)	200
Capital and reserves
Called up share capital		200	200
Profit and loss account		(225)	-
Total equity		(25)	200

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.

	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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 31 October 2025 and signed on its behalf by:
 

Ms S E Tongue

Director

CNV Property Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 1 August 2023 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:
Calyx House
South Road
Taunton
Somerset
TA1 3DU

These financial statements were authorised for issue by the Board on 31 October 2025.

2	Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged 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.

Disclosure of long or short period

These accounts have been prepared for a period of one year and six months as this is the company's first year of trading.

Going concern
The financial statements have been prepared on a going concern basis. Of the company's current liabilities at 31 January 2025, an amount is owed the directors and Mulberry House Vets Limited, who have agreed to continue to support the company, and not to demand repayment of this amount to the extent that any such repayment would jeopardise the future of the company.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

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.

CNV Property Limited

Notes to the Unaudited Abridged Financial Statements for the Period from 1 August 2023 to 31 January 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 4 (2023 - 4).

4 Investment properties

	2025 £
Additions	813,886

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

5	Creditors: amounts falling due within one year

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £14,900 (2023 - £Nil).

6	Creditors: amounts falling due after more than one year

Creditors include bank loans and overdrafts and net obligations under finance lease and hire purchase contracts which are secured of £846,793 (2023 - £Nil).

Creditors include bank loans repayable by instalments of £787,193 (2023 - £Nil) due after more than five years.