0 false false false false false false false false false true false false false false false false No description of principal activity 2021-11-01 Sage Accounts Production Advanced 2021 - FRS102_2021 100,000 93,100 193,100 193,100 100,000 xbrli:pure xbrli:shares iso4217:GBP 06394345 2021-11-01 2022-10-31 06394345 2022-10-31 06394345 2021-10-31 06394345 2021-10-31 06394345 core:FurnitureFittings 2021-11-01 2022-10-31 06394345 core:MotorVehicles 2021-11-01 2022-10-31 06394345 bus:RegisteredOffice 2021-11-01 2022-10-31 06394345 bus:LeadAgentIfApplicable 2021-11-01 2022-10-31 06394345 bus:Director1 2021-11-01 2022-10-31 06394345 bus:Director3 2021-11-01 2022-10-31 06394345 bus:Director5 2021-11-01 2022-10-31 06394345 bus:Director6 2021-11-01 2022-10-31 06394345 core:FurnitureFittings 2021-10-31 06394345 core:MotorVehicles 2021-10-31 06394345 core:FurnitureFittings 2022-10-31 06394345 core:WithinOneYear 2022-10-31 06394345 core:WithinOneYear 2021-10-31 06394345 core:ShareCapital 2022-10-31 06394345 core:ShareCapital 2021-10-31 06394345 core:RetainedEarningsAccumulatedLosses 2022-10-31 06394345 core:RetainedEarningsAccumulatedLosses 2021-10-31 06394345 core:CostValuation core:Non-currentFinancialInstruments 2021-10-31 06394345 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2022-10-31 06394345 core:CostValuation core:Non-currentFinancialInstruments 2022-10-31 06394345 core:Non-currentFinancialInstruments 2022-10-31 06394345 core:Non-currentFinancialInstruments 2021-10-31 06394345 core:FurnitureFittings 2021-10-31 06394345 core:MotorVehicles 2021-10-31 06394345 bus:SmallEntities 2021-11-01 2022-10-31 06394345 bus:AuditExempt-NoAccountantsReport 2021-11-01 2022-10-31 06394345 bus:FullAccounts 2021-11-01 2022-10-31 06394345 bus:SmallCompaniesRegimeForAccounts 2021-11-01 2022-10-31 06394345 bus:PrivateLimitedCompanyLtd 2021-11-01 2022-10-31 06394345 core:OfficeEquipment 2021-11-01 2022-10-31 06394345 core:OfficeEquipment 2021-10-31 06394345 core:OfficeEquipment 2022-10-31
COMPANY REGISTRATION NUMBER: 06394345
CKL CONSULTANTS LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 October 2022
CKL CONSULTANTS LIMITED
FINANCIAL STATEMENTS
YEAR ENDED 31 OCTOBER 2022
Contents
Page
Officers and professional advisers
1
Statement of financial position
2
Notes to the financial statements
4
CKL CONSULTANTS LIMITED
OFFICERS AND PROFESSIONAL ADVISERS
The board of directors
K Lewis
C E Lewis
P T Lewis
R M A Sampson
Registered office
Lynton House
7-12 Tavistock Square
London
WC1H 9BQ
Accountants
TC BSG Valentine Limited
Accountants
Lynton House
7-12 Tavistock Square
London
WC1H 9BQ
CKL CONSULTANTS LIMITED
STATEMENT OF FINANCIAL POSITION
31 October 2022
2022
2021
Note
£
£
£
£
FIXED ASSETS
Tangible assets
4
8,610
28,518
Investments
5
193,100
100,000
---------
---------
201,710
128,518
CURRENT ASSETS
Debtors
6
70,006
Cash at bank and in hand
2,551
5,706
-------
--------
2,551
75,712
CREDITORS: amounts falling due within one year
7
68,600
29,500
--------
--------
NET CURRENT (LIABILITIES)/ASSETS
( 66,049)
46,212
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
135,661
174,730
---------
---------
NET ASSETS
135,661
174,730
---------
---------
CAPITAL AND RESERVES
Called up share capital
4
4
Profit and loss account
135,657
174,726
---------
---------
SHAREHOLDERS FUNDS
135,661
174,730
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 31 October 2022 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
CKL CONSULTANTS LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 October 2022
These financial statements were approved by the board of directors and authorised for issue on 25 October 2023 , and are signed on behalf of the board by:
K Lewis
Director
Company registration number: 06394345
CKL CONSULTANTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 OCTOBER 2022
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Lynton House, 7-12 Tavistock Square, London, WC1H 9BQ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
15% reducing balance
Motor Vehicles
-
25% reducing balance
Office Equipment
-
15% reducing balance
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Investments in joint ventures
Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venture arising before or after the date of acquisition.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Tangible assets
Fixtures and fittings
Motor vehicles
Equipment
Total
£
£
£
£
Cost
At 1 November 2021
13,658
20,060
9,036
42,754
Disposals
( 20,060)
( 20,060)
--------
--------
-------
--------
At 31 October 2022
13,658
9,036
22,694
--------
--------
-------
--------
Depreciation
At 1 November 2021
10,732
1,672
1,832
14,236
Charge for the year
439
1,081
1,520
Disposals
( 1,672)
( 1,672)
--------
--------
-------
--------
At 31 October 2022
11,171
2,913
14,084
--------
--------
-------
--------
Carrying amount
At 31 October 2022
2,487
6,123
8,610
--------
--------
-------
--------
At 31 October 2021
2,926
18,388
7,204
28,518
--------
--------
-------
--------
5. Investments
Other investments other than loans
£
Cost
At 1 November 2021
100,000
Additions
93,100
---------
At 31 October 2022
193,100
---------
Impairment
At 1 November 2021 and 31 October 2022
---------
Carrying amount
At 31 October 2022
193,100
---------
At 31 October 2021
100,000
---------
6. Debtors
2022
2021
£
£
Trade debtors
3,001
Other debtors
67,005
----
--------
70,006
----
--------
7. Creditors: amounts falling due within one year
2022
2021
£
£
Other creditors
68,600
29,500
--------
--------
8. Directors' advances, credits and guarantees
At the balance sheet date the director's loan account was in credit by £66,650 (2021: overdrawn by £64,005). The loan is interest free and repayable on demand.