Acorah Software Products - Accounts Production 14.5.601 false true true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 12352073 Mrs Xiaoe Qian iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12352073 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-12-31 12352073 2022-12-31 12352073 2023-12-31 12352073 2023-01-01 2023-12-31 12352073 frs-core:CurrentFinancialInstruments 2023-12-31 12352073 frs-core:Non-currentFinancialInstruments 2023-12-31 12352073 frs-core:FurnitureFittings 2023-12-31 12352073 frs-core:FurnitureFittings 2023-01-01 2023-12-31 12352073 frs-core:FurnitureFittings 2022-12-31 12352073 frs-core:InvestmentPropertyIncludedWithinPPE 2023-12-31 12352073 frs-core:InvestmentPropertyIncludedWithinPPE 2022-12-31 12352073 frs-core:ShareCapital 2023-12-31 12352073 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 12352073 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12352073 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 12352073 frs-bus:SmallEntities 2023-01-01 2023-12-31 12352073 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 12352073 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12352073 frs-bus:Director1 2023-01-01 2023-12-31 12352073 frs-countries:EnglandWales 2023-01-01 2023-12-31 12352073 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2022-12-31 12352073 2021-12-31 12352073 2022-12-31 12352073 2022-01-01 2022-12-31 12352073 frs-core:CurrentFinancialInstruments 2022-12-31 12352073 frs-core:Non-currentFinancialInstruments 2022-12-31 12352073 frs-core:ShareCapital 2022-12-31 12352073 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31
Registered number: 12352073
C.C. Properties Management Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Pecuniary Limited
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12352073
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,101,709 1,748,543
3,101,709 1,748,543
CURRENT ASSETS
Debtors 5 23,921 21,182
Cash at bank and in hand 55,486 963
79,407 22,145
Creditors: Amounts Falling Due Within One Year 6 (1,507,964 ) (767,390 )
NET CURRENT ASSETS (LIABILITIES) (1,428,557 ) (745,245 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,673,152 1,003,298
Creditors: Amounts Falling Due After More Than One Year 7 (1,736,586 ) (1,036,644 )
NET LIABILITIES (63,434 ) (33,346 )
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Profit and Loss Account (64,434 ) (34,346 )
SHAREHOLDERS' FUNDS (63,434) (33,346)
Page 1
Page 2
For the year 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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Xiaoe Qian
Director
02/04/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
C.C. Properties Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12352073 . The registered office is 8 Bittern Way, Penarth, CF64 5FS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
At 31 December 2023 the company had net liabilities of £63,434. However, the going concern basis of preparation of the financial statements is considered to be appropriate as £1,451,253 is due to the company's director who has confirmed her support of the company for the foreseeable future.
2.3. Turnover
Turnover represents the fair value of the rental income recieved.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% on cost
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
1 1
4. Tangible Assets
Investment Properties Fixtures & Fittings Total
£ £ £
Cost
As at 1 January 2023 1,744,411 5,510 1,749,921
Additions 1,351,000 3,974 1,354,974
As at 31 December 2023 3,095,411 9,484 3,104,895
Depreciation
As at 1 January 2023 - 1,378 1,378
Provided during the period - 1,808 1,808
As at 31 December 2023 - 3,186 3,186
Net Book Value
As at 31 December 2023 3,095,411 6,298 3,101,709
As at 1 January 2023 1,744,411 4,132 1,748,543
Page 3
Page 4
5. Debtors
2023 2022
£ £
Due within one year
Prepayments and accrued income 5,734 7,850
Other debtors 18,187 13,332
23,921 21,182
6. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Accruals and deferred income 56,711 44,257
Director's loan account 1,451,253 723,133
1,507,964 767,390
7. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 1,736,586 1,036,644
1,736,586 1,036,644
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2023 2022
£ £
Bank loans 1,736,586 1,036,644
8. Secured Creditors
Of the creditors the following amounts are secured.
2023 2022
£ £
Bank loans and overdrafts 1,736,586 1,036,644
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 1,000 1,000
Page 4