Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-042023-04-04No description of principal activityfalsefalse12022-04-051trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07833849 2022-04-05 2023-04-04 07833849 2021-04-05 2022-04-04 07833849 2023-04-04 07833849 2022-04-04 07833849 c:Director1 2022-04-05 2023-04-04 07833849 d:Buildings 2023-04-04 07833849 d:Buildings 2022-04-04 07833849 d:CurrentFinancialInstruments 2023-04-04 07833849 d:CurrentFinancialInstruments 2022-04-04 07833849 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-04 07833849 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-04 07833849 d:ShareCapital 2023-04-04 07833849 d:ShareCapital 2022-04-04 07833849 d:RevaluationReserve 2022-04-05 2023-04-04 07833849 d:RevaluationReserve 2023-04-04 07833849 d:RevaluationReserve 2022-04-04 07833849 d:RetainedEarningsAccumulatedLosses 2022-04-05 2023-04-04 07833849 d:RetainedEarningsAccumulatedLosses 2023-04-04 07833849 d:RetainedEarningsAccumulatedLosses 2022-04-04 07833849 c:FRS102 2022-04-05 2023-04-04 07833849 c:AuditExempt-NoAccountantsReport 2022-04-05 2023-04-04 07833849 c:FullAccounts 2022-04-05 2023-04-04 07833849 c:PrivateLimitedCompanyLtd 2022-04-05 2023-04-04 07833849 5 2022-04-05 2023-04-04 iso4217:GBP xbrli:pure

Registered number: 07833849









CKS DEVELOPMENTS (RESIDENTIAL) LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 4 APRIL 2023

 
CKS DEVELOPMENTS (RESIDENTIAL) LTD
REGISTERED NUMBER: 07833849

STATEMENT OF FINANCIAL POSITION
AS AT 4 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
755,000
755,000

Current assets
  

Debtors: amounts falling due within one year
 5 
79
966

Cash at bank and in hand
  
62,685
58,219

Creditors: amounts falling due within one year
 6 
(485,721)
(479,908)

Net current liabilities
  
 
 
(422,957)
 
 
(420,723)

Total assets less current liabilities
  
332,043
334,277

  

Net assets
  
332,043
334,277


Capital and reserves
  

Called up share capital 
  
100
100

Revaluation reserve
  
235,145
235,145

Profit and loss account
  
96,798
99,032

  
332,043
334,277


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 November 2023.


C E M Wallace
Director

The notes on pages 2 to 4 form part of these financial statements.
Page 1

 
CKS DEVELOPMENTS (RESIDENTIAL) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 4 APRIL 2023

1.


General information

The company is a private company limited by shares and registered in England and Wales. The address of the registered office is 61 Teignmouth Road, Teignmouth, Devon, TQ14 8UR.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

  
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

 
2.4

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment.

Page 2

 
CKS DEVELOPMENTS (RESIDENTIAL) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 4 APRIL 2023

2.Accounting policies (continued)

 
2.6

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).


4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 5 April 2022
755,000



At 4 April 2023

755,000






Net book value



At 4 April 2023
755,000



At 4 April 2022
755,000


5.


Debtors

2023
2022
£
£


Trade debtors
79
242

Other debtors
-
724

79
966


Page 3

 
CKS DEVELOPMENTS (RESIDENTIAL) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 4 APRIL 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
-
30,201

Amounts owed to associated companies
19,337
19,737

Other creditors
459,672
425,350

Accruals and deferred income
6,712
4,620

485,721
479,908



7.


Reserves

Revaluation reserve

The revaluation reserve reflects the amount by which the value of the company's freehold properties have been revised following from the revaluation or disposal of these assets. 

Profit and loss account

The profit and loss account includes all current and prior period retained profits and losses. 


8.


Related party transactions

At the reporting date, the company owed £459,335 (2022: £425,089) to the director. Interest of 5% has been charged on the loan, which is repayable on demand. The company has not entered into any other transactions with related parties that are material and that have not been concluded under normal market conditions.

 
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