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Company Registration No. 14023577 (England and Wales)
Cotswold Property Partners (holdings) Limited Unaudited accounts for the year ended 31 March 2025
Cotswold Property Partners (holdings) Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Cotswold Property Partners (holdings) Limited Company Information for the year ended 31 March 2025
Director
Colette Jennifer Thompson
Company Number
14023577 (England and Wales)
Registered Office
39 Oxford Hill Witney OX28 3JU England
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Cotswold Property Partners (holdings) Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
11,656
14,830
Investment property
5
3,761,272
3,231,582
3,772,928
3,246,412
Current assets
Debtors
6
458,333
402,498
Cash at bank and in hand
11,574
13,087
469,907
415,585
Creditors: amounts falling due within one year
7
(945,318)
(1,642,641)
Net current liabilities
(475,411)
(1,227,056)
Total assets less current liabilities
3,297,517
2,019,356
Creditors: amounts falling due after more than one year
8
(2,205,313)
(1,208,049)
Provisions for liabilities
Deferred tax
(465,307)
(191,195)
Net assets
626,897
620,112
Capital and reserves
Called up share capital
1
1
Revaluation reserve
611,149
633,561
Profit and loss account
15,747
(13,450)
Shareholders' funds
626,897
620,112
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 7 October 2025 and were signed on its behalf by
Colette Jennifer Thompson Director Company Registration No. 14023577
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Cotswold Property Partners (holdings) Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Cotswold Property Partners (holdings) Limited is a private company, limited by shares, registered in England and Wales, registration number 14023577. The registered office is 39 Oxford Hill, Witney, OX28 3JU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Cotswold Property Partners (holdings) Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 April 2024
14,830
At 31 March 2025
14,830
Depreciation
Charge for the year
3,174
At 31 March 2025
3,174
Net book value
At 31 March 2025
11,656
At 31 March 2024
14,830
5
Investment property
2025
£
Fair value at 1 April 2024
3,231,582
Additions
277,990
Net gain from fair value adjustments
251,700
At 31 March 2025
3,761,272
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Amounts due from group undertakings etc.
-
44,165
Other debtors
-
20,000
-
64,165
Amounts falling due after more than one year
Other debtors
458,333
338,333
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
945,305
1,640,941
Trade creditors
13
1,700
945,318
1,642,641
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
793,000
-
Amounts owed to group undertakings and other participating interests
(119,053)
-
Other creditors
859,455
673,259
Loans from directors
671,911
534,790
2,205,313
1,208,049
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Cotswold Property Partners (holdings) Limited Notes to the Accounts for the year ended 31 March 2025
9
Loans to directors
Included within Debtors is a Directors Loan amounting to £512,166.62 which is owed to Colette Thompson. This loan is unsecured, interest free and repayable on demand.
10
Transactions with related parties
As at the year end, the company is owed an intercompany balance of £44,165.15 from its connected company CPP Ltd. In addition to this the company owes an intercompany balance of £22,623.13 to its connected company - Craig & Colette. The loans are unsecure, interest free and repayable on demand.
11
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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