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REGISTERED NUMBER: 08897362 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

CKCS PROPERTY LTD

CKCS PROPERTY LTD (REGISTERED NUMBER: 08897362)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CKCS PROPERTY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: C G C Smyth





REGISTERED OFFICE: Flat 65 Chepstow House
16-20 Chepstow Street
Manchester
Greater Manchester
M1 5JF





REGISTERED NUMBER: 08897362 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

CKCS PROPERTY LTD (REGISTERED NUMBER: 08897362)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 214,568 382,113
Investments 5 40,926 75,677
255,494 457,790

CURRENT ASSETS
Debtors 6 1,069,584 1,064,023
Cash at bank 22,866 14,704
1,092,450 1,078,727
CREDITORS
Amounts falling due within one year 7 177,628 80,112
NET CURRENT ASSETS 914,822 998,615
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,170,316

1,456,405

CREDITORS
Amounts falling due after more than one
year

8

(199,609

)

(310,898

)

PROVISIONS FOR LIABILITIES (1,972 ) -
NET ASSETS 968,735 1,145,507

CAPITAL AND RESERVES
Called up share capital 1,151,995 1,251,995
Retained earnings (183,260 ) (106,488 )
SHAREHOLDERS' FUNDS 968,735 1,145,507

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CKCS PROPERTY LTD (REGISTERED NUMBER: 08897362)

BALANCE SHEET - continued
29 FEBRUARY 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





C G C Smyth - Director


CKCS PROPERTY LTD (REGISTERED NUMBER: 08897362)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

CKCS Property 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

CKCS PROPERTY LTD (REGISTERED NUMBER: 08897362)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 March 2023 314,150 1,271 2,833 87,222 405,476
Additions - - - 245,277 245,277
Disposals (314,150 ) - - (87,222 ) (401,372 )
At 29 February 2024 - 1,271 2,833 245,277 249,381
DEPRECIATION
At 1 March 2023 - 318 1,240 21,805 23,363
Charge for year - 238 398 32,620 33,256
Eliminated on disposal - - - (21,806 ) (21,806 )
At 29 February 2024 - 556 1,638 32,619 34,813
NET BOOK VALUE
At 29 February 2024 - 715 1,195 212,658 214,568
At 28 February 2023 314,150 953 1,593 65,417 382,113

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 March 2023 1 75,676 75,677
Revaluations - (34,751 ) (34,751 )
At 29 February 2024 1 40,925 40,926
NET BOOK VALUE
At 29 February 2024 1 40,925 40,926
At 28 February 2023 1 75,676 75,677

Cost or valuation at 29 February 2024 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2020 - (69,000 ) (69,000 )
Valuation in 2021 - 113,067 113,067
Valuation in 2022 - 35,973 35,973
Valuation in 2023 - (124,075 ) (124,075 )
Valuation in 2024 - (34,751 ) (34,751 )
Cost 1 119,711 119,712
1 40,925 40,926

CKCS PROPERTY LTD (REGISTERED NUMBER: 08897362)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,560 3,560
Other debtors 1,055,437 1,035,763
Directors' current accounts - 12,432
VAT 10,587 12,268
1,069,584 1,064,023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 34,536 19,084
Trade creditors 112,020 46,580
Other creditors 20,049 4,448
Directors' current accounts 423 -
Accrued expenses 600 -
177,628 80,112

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 12,616 10,000
Mortgage - 228,725
Bank loans - 2-5 years - 13,333
Hire purchase contracts 186,993 58,840
199,609 310,898

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
C G C Smyth
Balance outstanding at start of year 12,432 (21,846 )
Amounts advanced - 34,278
Amounts repaid (12,855 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (423 ) 12,432

10. RELATED PARTY DISCLOSURES

At 29 February 2024 the balance on a loan to CKCS Limited, a company under common control, was £290,583 (2023: £289,070).

CKCS PROPERTY LTD (REGISTERED NUMBER: 08897362)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

11. ULTIMATE CONTROLLING PARTY

The controlling party is C G C Smyth.