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REGISTERED NUMBER: 08611061 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 July 2023

for

CK-Tech Ltd

CK-Tech Ltd (Registered number: 08611061)

Contents of the Financial Statements
for the Year Ended 31 July 2023










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 7


CK-Tech Ltd

Company Information
for the Year Ended 31 July 2023







Directors: K Stubberfield
D Stubberfield





Registered office: 2 Orchard Drive
West Walton
Wisbech
Cambridgeshire
PE14 7EZ





Registered number: 08611061 (England and Wales)





Accountants: Moore Thompson
7 Swan Court
Forder Way, Cygnet Park
Hampton
Peterborough
Cambs
PE7 8GX

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
CK-Tech Ltd


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 Statement of financial position. 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 CK-Tech Ltd for the year ended 31 July 2023 which comprise the Statement of income and retained earnings, Statement of financial position 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 CK-Tech Ltd, as a body, in accordance with the terms of our engagement letter dated 6 January 2023. Our work has been undertaken solely to prepare for your approval the financial statements of CK-Tech Ltd and state those matters that we have agreed to state to the Board of Directors of CK-Tech Ltd, 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 CK-Tech Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CK-Tech Ltd 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 CK-Tech Ltd. You consider that CK-Tech Ltd 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 CK-Tech Ltd. 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.






Moore Thompson
7 Swan Court
Forder Way, Cygnet Park
Hampton
Peterborough
Cambs
PE7 8GX


24 November 2023

CK-Tech Ltd (Registered number: 08611061)

Statement of Financial Position
31 July 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 5 673,747 642,379

Current assets
Debtors 6 277,049 458,116
Cash at bank and in hand 299,317 214,422
576,366 672,538
Creditors
Amounts falling due within one year 7 320,141 587,044
Net current assets 256,225 85,494
Total assets less current liabilities 929,972 727,873

Creditors
Amounts falling due after more than one
year

8

(33,599

)

(27,017

)

Provisions for liabilities (43,986 ) (35,331 )
Net assets 852,387 665,525

Capital and reserves
Called up share capital 100 100
Retained earnings 852,287 665,425
852,387 665,525

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

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

CK-Tech Ltd (Registered number: 08611061)

Statement of Financial Position - continued
31 July 2023


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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 November 2023 and were signed on its behalf by:




K Stubberfield - Director



D Stubberfield - Director


CK-Tech Ltd (Registered number: 08611061)

Notes to the Financial Statements
for the Year Ended 31 July 2023


1. Statutory information

CK-Tech 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.

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


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
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 value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

CK-Tech Ltd (Registered number: 08611061)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023


3. Accounting policies - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. Employees and directors

The average number of employees during the year was 25 (2022 - 24 ) .

5. Tangible fixed assets
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
Cost
At 1 August 2022 456,427 162,150 190,064 14,646 823,287
Additions - 24,351 52,481 9,505 86,337
Disposals - (9,532 ) (16,733 ) (5,528 ) (31,793 )
At 31 July 2023 456,427 176,969 225,812 18,623 877,831
Depreciation
At 1 August 2022 - 80,408 90,939 9,561 180,908
Charge for year - 15,372 21,346 4,557 41,275
Eliminated on disposal - (5,918 ) (7,433 ) (4,748 ) (18,099 )
At 31 July 2023 - 89,862 104,852 9,370 204,084
Net book value
At 31 July 2023 456,427 87,107 120,960 9,253 673,747
At 31 July 2022 456,427 81,742 99,125 5,085 642,379

6. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 277,049 408,218
Other debtors - 49,898
277,049 458,116

CK-Tech Ltd (Registered number: 08611061)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023


7. Creditors: amounts falling due within one year
2023 2022
£    £   
Hire purchase contracts 13,960 15,059
Trade creditors 135,564 378,416
Taxation and social security 162,322 185,543
Other creditors 8,295 8,026
320,141 587,044

8. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Hire purchase contracts 33,599 27,017

9. Secured debts

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts 47,559 42,076

10. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 July 2023 and 31 July 2022:

2023 2022
£    £   
K Stubberfield and D Stubberfield
Balance outstanding at start of year 49,898 14,234
Amounts advanced - 165,262
Amounts repaid (49,898 ) (129,598 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 49,898