Company Registration No. 09854632 (England and Wales)
Camno Properties Limited
Unaudited accounts
for the year ended 31 March 2025
Camno Properties Limited
Unaudited accounts
Contents
Camno Properties Limited
Company Information
for the year ended 31 March 2025
Directors
R D Assirati
G Spiller
Company Number
09854632 (England and Wales)
Registered Office
BABINGLEY HALL
BABINGLEY
PE31 6AW
Camno Properties Limited
Statement of financial position
as at 31 March 2025
Investment property
1,218,289
1,218,289
Inventories
325,540
316,464
Cash at bank and in hand
429,440
339,573
Creditors: amounts falling due within one year
(129,036)
(64,435)
Net current assets
661,087
600,500
Total assets less current liabilities
1,879,376
1,818,789
Creditors: amounts falling due after more than one year
(634,000)
(634,000)
Net assets
1,245,376
1,184,789
Called up share capital
100
100
Profit and loss account
1,245,276
1,184,689
Shareholders' funds
1,245,376
1,184,789
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 directors acknowledge their 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 of Directors and authorised for issue on 27 December 2025 and were signed on its behalf by
R D Assirati
Director
Company Registration No. 09854632
Camno Properties Limited
Notes to the Accounts
for the year ended 31 March 2025
Camno Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 09854632. The registered office is BABINGLEY HALL, BABINGLEY, PE31 6AW.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in first out basis.
The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
The stock is valuation includes interest on the loan used to purchase the land for development.
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.
Fair value at 1 April 2024
1,218,289
At 31 March 2025
1,218,289
Cost of property purchased in year
Amounts falling due within one year
Trade debtors
28,712
4,117
Accrued income and prepayments
6,431
4,781
Camno Properties Limited
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
1,653
2,186
Taxes and social security
16,743
6,992
Other creditors
10,000
10,000
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
634,000
634,000
Two loans of £317,000 each provided by the shareholders.
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).