Company Registration No. 12216032 (England and Wales)
CBM Propco Limited
Unaudited accounts
for the year ended 30 September 2025
CBM Propco Limited
Unaudited accounts
Contents
CBM Propco Limited
Company Information
for the year ended 30 September 2025
Directors
Donald Burstow
Andrew Cope
David Turner
James Wedge
Company Number
12216032 (England and Wales)
Registered Office
Unit 11, Worton Court
Worton Hall Industrial Estate
Isleworth
United Kingdom
TW7 6ER
United Kingdom
Accountants
CP Finance
Unit 11, Worton Court
Worton Hall Ind Estate
Worton Road
Isleworth
Middlesex
TW7 6ER
CBM Propco Limited
Statement of financial position
as at 30 September 2025
Investment property
11,900,000
6,215,000
Cash at bank and in hand
251,213
1,276,191
Creditors: amounts falling due within one year
(376,123)
(194,824)
Net current (liabilities)/assets
(34,282)
1,081,367
Total assets less current liabilities
13,453,618
7,296,367
Provisions for liabilities
Net assets
11,293,992
7,296,367
Called up share capital
2
2
Revaluation reserve
6,478,878
2,953,504
Profit and loss account
4,815,112
4,342,861
Shareholders' funds
11,293,992
7,296,367
For the year ending 30 September 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 7 November 2025 and were signed on its behalf by
David Turner
Director
Company Registration No. 12216032
CBM Propco Limited
Notes to the Accounts
for the year ended 30 September 2025
CBM Propco Limited is a private company, limited by shares, registered in England and Wales, registration number 12216032. The registered office is Unit 11, Worton Court, Worton Hall Industrial Estate, Isleworth, United Kingdom, TW7 6ER, United Kingdom.
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.
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 October 2024
6,215,000
Net gain from fair value adjustments
5,685,000
At 30 September 2025
11,900,000
During the year a rent review was agreed on all the properties and the directors believe the current market value of the investments properties is £11,900,000, based on a rental yield of 7-8%. This represents an increase in value of £5,685,000.
5
Investments
Other investments
Valuation at 1 October 2024
-
Valuation at 30 September 2025
1,587,900
During the year the company acquired 25% of the ordinary share capital of WIL Merchanting Ltd together with 1,075,00 £1 preference shares
Amounts falling due after more than one year
CBM Propco Limited
Notes to the Accounts
for the year ended 30 September 2025
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
8,458
3,454
Taxes and social security
203,248
87,962
Deferred income
70,557
87,500
8
Deferred taxation
2025
2024
Revaluation of investment property
2,159,626
-
Charged to other comprehensive income
2,159,626
-
Provision at end of year
2,159,626
-
During the year the directors revalued the investment property to £11,900,000, an increase of £5,685,000. The original cost of the property was £3,261,496 and the deferred tax on that gain at 25% is £2,159,626.
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Transactions with related parties
During the year the company was charged £500 (2024 : £500) in accounting fees from CP Finance, a company owned by a director, David Turner.
During the year the company paid £14,600 (2024 : £14,750) for legal advice from a director, Don Burstow, for legal services during the period.
During the year Wedge Investments Ltd, a company owned by a director James Wedge, lent the company £80,000. The balance owed at the year end was £80,000 (2024 : £nil).
The company is controlled by CBM Holdco Ltd (CRN:12216037) a company registered in England and Wales.
12
Average number of employees
During the year the average number of employees was 4 (2024: 4).