Cdf (No.31) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07331251 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2018

FOR

CDF (NO.31) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

P M Fox

S B Morgan

REGISTERED OFFICE:

Brandon Park House

25 Great George Street

Bristol

BS1 5QT

REGISTERED NUMBER:

07331251 (England and Wales)

ACCOUNTANTS:

PJE Chartered Accountants

4 Clifton Road

Clifton

Bristol

BS8 1AG

FIXED ASSETS

Investment property

3

1,300,000

1,300,000

CURRENT ASSETS

Debtors

4

20,254

104,177

Cash at bank

30,513

33,873

50,767

138,050

CREDITORS

Amounts falling due within one year

5

534,400

674,275

NET CURRENT LIABILITIES

(483,633

)

(536,225

)

TOTAL ASSETS LESS CURRENT LIABILITIES

816,367

763,775

PROVISIONS FOR LIABILITIES

22,658

31,102

NET ASSETS

793,709

732,673

CAPITAL AND RESERVES

Called up share capital

1

1

Other reserves

257,074

264,024

Retained earnings

536,634

468,648

793,709

732,673

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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

The financial statements were approved by the Board of Directors on 24 September 2018 and were signed on its behalf by:

P M Fox - Director

1.	STATUTORY INFORMATION

Cdf (No.31) 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in fair value is recognised in the Income Statement.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that are

expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable

profits.

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2017

and 30 April 2018

1,300,000

NET BOOK VALUE

At 30 April 2018

1,300,000

At 30 April 2017

1,300,000

The fair value of the investment property has been arrived at on the basis of a valuation carried out by

Alder King LLP, Chartered Surveyors on 17 July 2014, which the directors believe to be the value at

the balance sheet date.

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Trade debtors

8,582

9,257

Amounts owed by group undertakings

-

82,839

Other debtors

11,672

12,081

20,254

104,177

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

The bank loan (2017: 522,374) was repaid during the year.

6.	RELATED PARTY DISCLOSURES

7.	ULTIMATE CONTROLLING PARTY

The following reproduces the text of the report prepared for the directors in respect of the company's

annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain

other primary statements and the Report of the Directors are not required to be filed with the

Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Cdf (No.31) Limited for the year ended 30 April 2018 which comprise

the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the

company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Cdf (No.31) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cdf (No.31) Limited and state those matters that we have agreed to state to the Board of Directors of Cdf (No.31) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cdf (No.31) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cdf (No.31) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cdf (No.31) Limited. You consider that Cdf (No.31) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cdf (No.31) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

PJE Chartered Accountants

4 Clifton Road

Clifton

Bristol

BS8 1AG

24 September 2018