REGISTERED NUMBER: 12605617 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

CPCE Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C P Course

REGISTERED OFFICE:

White House Farm

Elmsett Road

Whatfield

Ipswich

IP7 6LL

REGISTERED NUMBER:

12605617 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

6,196

9,972

Investments

5

25,000

25,000

Investment property

6

508,760

508,760

539,956

543,732

CURRENT ASSETS

Debtors

7

2,045,935

2,375

Cash at bank

348,103

469,330

2,394,038

471,705

CREDITORS

Amounts falling due within one year

65,127

308,065

NET CURRENT ASSETS

2,328,911

163,640

TOTAL ASSETS LESS CURRENT LIABILITIES

2,868,867

707,372

CREDITORS

Amounts falling due after more than one year

(2,000,000

)

-

PROVISIONS FOR LIABILITIES

(51,549

)

(52,493

)

NET ASSETS

817,318

654,879

CAPITAL AND RESERVES

Called up share capital

8

1

1

Non-distributable reserve

9

150,000

150,000

Retained earnings

667,317

504,878

SHAREHOLDERS' FUNDS

817,318

654,879

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 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 23 December 2025 and were signed by:

C P Course - Director

1.	STATUTORY INFORMATION

CPCE 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.

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.

Plant and machinery

-

20% 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.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Turnover

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

18,882

DEPRECIATION

At 1 April 2024

8,910

Charge for year

3,776

At 31 March 2025

12,686

NET BOOK VALUE

At 31 March 2025

6,196

At 31 March 2024

9,972

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2024

and 31 March 2025

25,000

NET BOOK VALUE

At 31 March 2025

25,000

At 31 March 2024

25,000

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

508,760

NET BOOK VALUE

At 31 March 2025

508,760

At 31 March 2024

508,760

Fair value at 31 March 2025 is represented by:

£

Valuation in 2022

200,000

Cost

308,760

508,760

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

7.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

100,000

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1

Ordinary

£1

1

1

9.

RESERVES

Non-distributable

reserve

£

At 1 April 2024

and 31 March 2025

150,000

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

C P Course

Balance outstanding at start of year

(269,540

)

(263,032

)

Amounts advanced

2,225,976

-

Amounts repaid

(50,500

)

(6,508

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,905,936

(269,540

)

At the balance sheet date the company was owed £1,905,936 from the director (2024: £Nil). Interest was charged on the overdrawn amounts over the course of the year at a rate of 2.25% per annum amounting to £11,891 (2024: £Nil). The overdrawn director's loan account balance was repaid in full by 31 December 2025.

11.	RELATED PARTY DISCLOSURES

At the year end the company owed £2,000,000 to Sleep Soundly Limited (2024: £NIL). The company is related to Sleep Soundly Limited by virtue of their shareholder and director in common.