CPR & NES Investments Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08686637 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2019

FOR

CPR & NES INVESTMENTS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

C Reiner

N E Stern

REGISTERED OFFICE:

19a Belfast Road

London

N16 6UN

REGISTERED NUMBER:

08686637 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

4

5,883

5,117

Investment property

5

1,855,000

1,855,000

1,860,883

1,860,117

CURRENT ASSETS

Debtors

6

340,029

93,521

Cash at bank

13,235

21,369

353,264

114,890

CREDITORS

Amounts falling due within one year

7

61,963

37,786

NET CURRENT ASSETS

291,301

77,104

TOTAL ASSETS LESS CURRENT LIABILITIES

2,152,184

1,937,221

CREDITORS

Amounts falling due after more than one year

8

1,655,287

1,469,656

NET ASSETS

496,897

467,565

CAPITAL AND RESERVES

Called up share capital

9

1

1

Revaluation reserve

10

387,947

387,947

Retained earnings

10

108,949

79,617

SHAREHOLDERS' FUNDS

496,897

467,565

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2020 and were signed on its behalf by:

C Reiner - Director

1.	STATUTORY INFORMATION

CPR & NES Investments Ltd 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 represents net rent receivable, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 October 2018

10,936

Additions

1,804

At 30 September 2019

12,740

DEPRECIATION

At 1 October 2018

5,819

Charge for year

1,038

At 30 September 2019

6,857

NET BOOK VALUE

At 30 September 2019

5,883

At 30 September 2018

5,117

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2018

and 30 September 2019

1,855,000

NET BOOK VALUE

At 30 September 2019

1,855,000

At 30 September 2018

1,855,000

Fair value at 30 September 2019 is represented by:

£

Valuation in 2016

387,947

Cost

1,467,053

1,855,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.19

30.9.18

£

£

Trade debtors

73,806

73,521

Other debtors

266,223

20,000

340,029

93,521

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.19

30.9.18

£

£

Taxation and social security

6,931

14,537

Other creditors

55,032

23,249

61,963

37,786

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.19

30.9.18

£

£

Bank loans

1,655,287

1,469,656

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

507,339

315,117

Repayable by instalments

Bank loans more 5 yr by instal

1,147,948

1,154,539

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.19

30.9.18

value:

£

£

1

Ordinary

£1

1

1

10.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 October 2018

79,617

387,947

467,564

Profit for the year

29,332

29,332

At 30 September 2019

108,949

387,947

496,896

11.	ULTIMATE CONTROLLING PARTY

The controlling party is C Reiner.