CTA Property Holdings Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 13270289 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

CTA PROPERTY HOLDINGS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Miss J Z Waters

Mr A M Martinez

REGISTERED OFFICE:

Hoad House

6 New Market Street

Ulverston

Cumbria

LA12 7LN

REGISTERED NUMBER:

13270289 (England and Wales)

BANKERS:

HSBC Bank plc

104 Duke Street

Barrow in Furness

Cumbria

LA14 1LR

FIXED ASSETS

Investment property

4

332,121

332,121

CURRENT ASSETS

Debtors

1,510

976

Cash at bank

1,420

738

2,930

1,714

CREDITORS

Amounts falling due within one year

1,710

1,711

NET CURRENT ASSETS

1,220

3

TOTAL ASSETS LESS CURRENT LIABILITIES

333,341

332,124

CREDITORS

Amounts falling due after more than one year

5

335,419

333,205

NET LIABILITIES

(2,078

)

(1,081

)

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

(2,079

)

(1,082

)

SHAREHOLDERS' FUNDS

(2,078

)

(1,081

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 November 2023 and were signed on its behalf by:

Miss J Z Waters - Director

1.	STATUTORY INFORMATION

CTA Property Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared on the going concern basis the directors having agreed to continue to support the company.

Turnover

Turnover represents net invoiced rental income as adjusted for accrued income, excluding VAT.

Investment property

The company's investment property is held for long-term investment and is included in the Balance Sheet at cost which is a departure from Financial Reporting Standard 102.

Depreciation is not provided in respect of investment properties. Depreciation if provided would not have been of a material nature.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2022

and 31 March 2023

332,121

NET BOOK VALUE

At 31 March 2023

332,121

At 31 March 2022

332,121

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

31.3.23

31.3.22

£

£

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

237,151

237,142

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.23

31.3.22

£

£

Bank loans

237,151

237,142

West One Secured Loans Limited hold legal charges over the company's investment property.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.23

31.3.22

value:

£

£

1

Ordinary

£1

1

1

8.	RELATED PARTY DISCLOSURES

At 31st March 2023 the company owed £98,268 to it's parent company Cumbria Teaching Agency Limited.