IRIS Accounts Production v22.2.0.402 09160510 director 1.1.21 31.12.21 31.12.21 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure091605102020-12-31091605102021-12-31091605102021-01-012021-12-31091605102019-12-31091605102020-01-012020-12-31091605102020-12-3109160510ns16:EnglandWales2021-01-012021-12-3109160510ns15:PoundSterling2021-01-012021-12-3109160510ns11:Director12021-01-012021-12-3109160510ns11:PrivateLimitedCompanyLtd2021-01-012021-12-3109160510ns11:SmallEntities2021-01-012021-12-3109160510ns11:AuditExempt-NoAccountantsReport2021-01-012021-12-3109160510ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3109160510ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3109160510ns11:FullAccounts2021-01-012021-12-3109160510ns11:RegisteredOffice2021-01-012021-12-3109160510ns6:CurrentFinancialInstruments2021-12-3109160510ns6:CurrentFinancialInstruments2020-12-3109160510ns6:Non-currentFinancialInstruments2021-12-3109160510ns6:Non-currentFinancialInstruments2020-12-3109160510ns6:ShareCapital2021-12-3109160510ns6:ShareCapital2020-12-3109160510ns6:RevaluationReserve2021-12-3109160510ns6:RevaluationReserve2020-12-3109160510ns6:RetainedEarningsAccumulatedLosses2021-12-3109160510ns6:RetainedEarningsAccumulatedLosses2020-12-3109160510ns6:LandBuildings2021-01-012021-12-3109160510ns6:LandBuildings2020-12-3109160510ns6:LandBuildings2021-12-3109160510ns6:LandBuildings2020-12-3109160510ns6:RevaluationReserve2020-12-31
REGISTERED NUMBER: 09160510 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2021

for

CTP Developments Ltd

CTP Developments Ltd (Registered number: 09160510)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CTP Developments Ltd

Company Information
for the Year Ended 31 December 2021







DIRECTOR: C R Paine





REGISTERED OFFICE: 27 Belle Meade Close
Woodgate
Chichester
West Sussex
PO20 3YD





REGISTERED NUMBER: 09160510 (England and Wales)





ACCOUNTANTS: R S Hall and Co
Chartered Accountants
Dragon's Lair
27 Belle Meade Close
Woodgate
Chichester
West Sussex
PO20 3YD

CTP Developments Ltd (Registered number: 09160510)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 469,000 469,000

CURRENT ASSETS
Cash at bank 899 1,034

CREDITORS
Amounts falling due within one year 5 237,431 248,671
NET CURRENT LIABILITIES (236,532 ) (247,637 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

232,468

221,363

CREDITORS
Amounts falling due after more than one
year

6

74,493

74,493
NET ASSETS 157,975 146,870

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 125,318 125,318
Retained earnings 32,557 21,452
157,975 146,870

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CTP Developments Ltd (Registered number: 09160510)

Balance Sheet - continued
31 December 2021


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 September 2022 and were signed by:





C R Paine - Director


CTP Developments Ltd (Registered number: 09160510)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

CTP Developments 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - in accordance with the property

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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 January 2021
and 31 December 2021 469,000
NET BOOK VALUE
At 31 December 2021 469,000
At 31 December 2020 469,000

Included in cost or valuation of land and buildings is freehold land of £ 169,000 (2020 - £ 169,000 ) which is not depreciated.

CTP Developments Ltd (Registered number: 09160510)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 December 2021 is represented by:

Land and
buildings
£   
Valuation in 2014 65,318
Valuation in 2018 60,000
Cost 343,682
469,000

If the properties had not been revalued they would have been included at the following historical cost:

31.12.21 31.12.20
£    £   
Cost 343,682 343,682

Value of land in freehold land and buildings 169,000 169,000

Freehold land and buildings were valued on an open market basis on 31 January 2019 by Hobdens Estate Agents .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Taxation and social security 2,605 3,929
Other creditors 234,826 244,742
237,431 248,671

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.21 31.12.20
£    £   
Other creditors 74,493 74,493

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 74,493 74,493

7. RESERVES
Revaluation
reserve
£   
At 1 January 2021
and 31 December 2021 125,318