IRIS Accounts Production v24.2.0.383 10645844 Board of Directors Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106458442022-12-31106458442023-12-31106458442023-01-012023-12-31106458442021-12-31106458442022-01-012022-12-31106458442022-12-3110645844ns15:EnglandWales2023-01-012023-12-3110645844ns14:PoundSterling2023-01-012023-12-3110645844ns10:Director12023-01-012023-12-3110645844ns10:Director22023-01-012023-12-3110645844ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3110645844ns10:SmallEntities2023-01-012023-12-3110645844ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3110645844ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3110645844ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3110645844ns10:AbridgedAccounts2023-01-012023-12-311064584412023-01-012023-12-3110645844ns10:RegisteredOffice2023-01-012023-12-3110645844ns5:CurrentFinancialInstruments2023-12-3110645844ns5:CurrentFinancialInstruments2022-12-3110645844ns5:Non-currentFinancialInstruments2023-12-3110645844ns5:Non-currentFinancialInstruments2022-12-3110645844ns5:ShareCapital2023-12-3110645844ns5:ShareCapital2022-12-3110645844ns5:RetainedEarningsAccumulatedLosses2023-12-3110645844ns5:RetainedEarningsAccumulatedLosses2022-12-3110645844ns5:LandBuildingsns5:ShortLeaseholdAssets2023-01-012023-12-3110645844ns5:FurnitureFittings2023-01-012023-12-3110645844ns5:MotorVehicles2023-01-012023-12-3110645844ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-12-3110645844ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2022-12-31
REGISTERED NUMBER: 10645844 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

Ceepee Limited

Ceepee Limited (Registered number: 10645844)

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










Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Ceepee Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: S G Patel
C I Patel





REGISTERED OFFICE: 15 Albany Crescent
Edgware
Middlesex
HA8 5AL





REGISTERED NUMBER: 10645844 (England and Wales)






Ceepee Limited (Registered number: 10645844)

Abridged Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 28,474 37,183
Tangible assets 5 19,270 22,703
47,744 59,886

CURRENT ASSETS
Stocks 65,767 60,873
Debtors 6 18,400 13,881
Cash at bank and in hand 187,459 129,621
271,626 204,375
CREDITORS
Amounts falling due within one year 55,230 51,819
NET CURRENT ASSETS 216,396 152,556
TOTAL ASSETS LESS CURRENT
LIABILITIES

264,140

212,442

CREDITORS
Amounts falling due after more than one
year

(15,000

)

(27,142

)

PROVISIONS FOR LIABILITIES (4,280 ) (3,622 )
NET ASSETS 244,860 181,678

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 244,760 181,578
SHAREHOLDERS' FUNDS 244,860 181,678

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

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

Ceepee Limited (Registered number: 10645844)

Abridged Statement of Financial Position - continued
31 December 2023


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

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by:




S G Patel - Director



C I Patel - Director


Ceepee Limited (Registered number: 10645844)

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


1. STATUTORY INFORMATION

Ceepee Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - in accordance with the property
Fixtures and fittings - 15% on reducing balance
Motor van - 25% on reducing balance

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to sell. Cost is determined using the first in first out method.

The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Ceepee Limited (Registered number: 10645844)

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


2. ACCOUNTING POLICIES - continued

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

Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business.

Goodwill recognised at acquisition is measured at cost less accumulated amortisation and accumulated impairment losses.

Goodwill amortisation is charged on a straight line basis so as to write off the cost of the asset, less its residual value assumed to be zero, over its useful economic life of 10 years.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 87,096
AMORTISATION
At 1 January 2023 49,913
Amortisation for year 8,709
At 31 December 2023 58,622
NET BOOK VALUE

At 31 December 2023 28,474
At 31 December 2022 37,183

Ceepee Limited (Registered number: 10645844)

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


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 39,991
DEPRECIATION
At 1 January 2023 17,288
Charge for year 3,433
At 31 December 2023 20,721
NET BOOK VALUE
At 31 December 2023 19,270
At 31 December 2022 22,703

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Other debtors 7,500 7,500

Other debtors falling due after more than one year represents 'Rent Deposit' of £7,500.

7. LEASING AGREEMENTS
As at 31 December 2023, the company had total minimum lease payment commitments under non-cancellable operating leases as follows:-

< 1 year £18,500 (2022: £18,668)
Between 2 - 5 years £74,000 (2022: £74,000)
Over 5 years £60,797 (2022: £79,297)

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the parent company Stratwicks Limited, a company incorporated in the United Kingdom.