C N Dawe Properties Ltd

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 4

(Registration number: 16230064)
Statement of Financial Position as at 28 February 2026

	Note	2026 £
Fixed assets
Investment property	4	502,903
Current assets
Debtors	5	100
Cash at bank and in hand		28,261
		28,361
Creditors: Amounts falling due within one year	6	(533,601)
Net current liabilities		(505,240)
Net liabilities		(2,337)
Capital and reserves
Called up share capital		100
Profit and loss account		(2,437)
Shareholders' deficit		(2,337)

For the financial period ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 13 August 2026 and signed on its behalf by:

Mr C N Dawe
Director

C N Dawe Properties Ltd

Notes to the Unaudited Financial Statements for the Period from 5 February 2025 to 28 February 2026

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:
The Old Cooperage
Millbrook
Torpoint
Cornwall
PL10 1HB

Principal activity

The principal activity of the company is the provision of student accommodation.Trading commenced 1 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These 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.

The financial statements are prepared in sterling which is the functional currency of the entity.

C N Dawe Properties Ltd

Notes to the Unaudited Financial Statements for the Period from 5 February 2025 to 28 February 2026 (continued)

2	Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2.

C N Dawe Properties Ltd

Notes to the Unaudited Financial Statements for the Period from 5 February 2025 to 28 February 2026 (continued)

4	Investment properties

	2026 £
Additions	502,903
At 28 February	502,903

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

5

Debtors

	2026 £
Other debtors	100
	100

6

Creditors

Creditors: amounts falling due within one year

	2026 £
Due within one year
Accruals and deferred income	3,600
Other creditors	530,001
	533,601

7

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.