15 December 2022 false No description of principal activity Taxfiler 2024.1 14542308business:PrivateLimitedCompanyLtd2022-12-152023-12-31 145423082022-12-14 145423082022-12-152023-12-31 14542308business:AuditExempt-NoAccountantsReport2022-12-152023-12-31 14542308business:FilletedAccounts2022-12-152023-12-31 145423082023-12-31 14542308business:Director12022-12-152023-12-31 14542308business:RegisteredOffice2022-12-152023-12-31 14542308core:WithinOneYear2023-12-31 14542308core:AfterOneYear2023-12-31 14542308core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 14542308core:RevaluationReservecore:PreviouslyStatedAmount2023-12-31 14542308core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 14542308core:PreviouslyStatedAmount2023-12-31 14542308business:SmallEntities2022-12-152023-12-31 14542308countries:EnglandWales2022-12-152023-12-31 14542308core:LandBuildings2022-12-152023-12-31 14542308core:LandBuildings2022-12-14 14542308core:LandBuildings2023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 14542308 (England and Wales)
CV Lettings LTD Unaudited accounts for the period from 15 December 2022 to 31 December 2023
CV Lettings LTD Unaudited accounts Contents
Page
- 2 -
CV Lettings LTD Company Information for the period from 15 December 2022 to 31 December 2023
Director
Mr C Vecchio
Company Number
14542308 (England and Wales)
Registered Office
3 John Street Consett DH8 5LA
Accountants
Accountants For The Trade Limited 3 John Street Consett DH8 5LA
- 3 -
CV Lettings LTD Statement of financial position as at 31 December 2023
2023 
Notes
£ 
Fixed assets
Tangible assets
129,686 
Current assets
Cash at bank and in hand
6,934 
Creditors: amounts falling due within one year
(66,710)
Net current liabilities
(59,776)
Total assets less current liabilities
69,910 
Creditors: amounts falling due after more than one year
(60,000)
Provisions for liabilities
Deferred tax
(6,270)
Net assets
3,640 
Capital and reserves
Called up share capital
100 
Revaluation reserve
33,000 
Profit and loss account
(29,460)
Shareholders' funds
3,640 
For the period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 April 2024 and were signed on its behalf by
Mr C Vecchio Director Company Registration No. 14542308
- 4 -
CV Lettings LTD Notes to the Accounts for the period from 15 December 2022 to 31 December 2023
1
Statutory information
CV Lettings LTD is a private company, limited by shares, registered in England and Wales, registration number 14542308. The registered office is 3 John Street , Consett, DH8 5LA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Land & Buildings is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Nil
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
CV Lettings LTD Notes to the Accounts for the period from 15 December 2022 to 31 December 2023
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At valuation 
At 15 December 2022
- 
Additions
96,686 
Revaluations
33,000 
At 31 December 2023
129,686 
Depreciation
At 31 December 2023
- 
Net book value
At 31 December 2023
129,686 
5
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
4 
Other creditors
26,901 
Loans from directors
39,565 
Accruals
240 
66,710 
6
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
60,000 
7
Average number of employees
During the period the average number of employees was 1.
- 6 -