Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-042024-04-041true2023-04-05falseNo description of principal activity1falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08551459 2023-04-05 2024-04-04 08551459 2022-04-05 2023-04-04 08551459 2024-04-04 08551459 2023-04-04 08551459 c:Director2 2023-04-05 2024-04-04 08551459 d:Buildings 2024-04-04 08551459 d:Buildings 2023-04-04 08551459 d:MotorVehicles 2024-04-04 08551459 d:MotorVehicles 2023-04-04 08551459 d:CurrentFinancialInstruments 2024-04-04 08551459 d:CurrentFinancialInstruments 2023-04-04 08551459 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-04 08551459 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-04 08551459 d:ShareCapital 2024-04-04 08551459 d:ShareCapital 2023-04-04 08551459 d:RevaluationReserve 2023-04-05 2024-04-04 08551459 d:RevaluationReserve 2024-04-04 08551459 d:RevaluationReserve 2023-04-04 08551459 d:RetainedEarningsAccumulatedLosses 2023-04-05 2024-04-04 08551459 d:RetainedEarningsAccumulatedLosses 2024-04-04 08551459 d:RetainedEarningsAccumulatedLosses 2023-04-04 08551459 c:FRS102 2023-04-05 2024-04-04 08551459 c:AuditExempt-NoAccountantsReport 2023-04-05 2024-04-04 08551459 c:FullAccounts 2023-04-05 2024-04-04 08551459 c:PrivateLimitedCompanyLtd 2023-04-05 2024-04-04 08551459 4 2023-04-05 2024-04-04 08551459 5 2023-04-05 2024-04-04 iso4217:GBP xbrli:pure

Registered number: 08551459









CKS DEVELOPMENTS (IOW) LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 4 APRIL 2024

 
CKS DEVELOPMENTS (IOW) LTD
REGISTERED NUMBER: 08551459

STATEMENT OF FINANCIAL POSITION
AS AT 4 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
466,000
466,000

Current assets
  

Debtors: amounts falling due within one year
 5 
121,801
23,825

Cash at bank and in hand
  
299,230
406,418

  
421,031
430,243

Creditors: amounts falling due within one year
 6 
(619,670)
(602,227)

Net current liabilities
  
 
 
(198,639)
 
 
(171,984)

Total assets less current liabilities
  
267,361
294,016

  

Net assets
  
267,361
294,016


Capital and reserves
  

Called up share capital 
  
100
100

Revaluation reserve
 7 
174,542
174,542

Profit and loss account
 7 
92,719
119,374

  
267,361
294,016

Page 1

 
CKS DEVELOPMENTS (IOW) LTD
REGISTERED NUMBER: 08551459
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 4 APRIL 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 December 2024.




A Pope
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
CKS DEVELOPMENTS (IOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 4 APRIL 2024

1.


General information

The company is a private company limited by shares and registered in England and Wales. The address of the registered office is 61 Teignmouth Road, Teignmouth, Devon, TQ14 8UR.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.4

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

  
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

At each reporting date the company assesses whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is the higher of its fair value less costs to sell and its value in use. An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

Page 3

 
CKS DEVELOPMENTS (IOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 4 APRIL 2024

2.Accounting policies (continued)

 
2.6

Revaluation of tangible fixed assets

Individual freehold and leasehold properties are carried at current year value at fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Revaluations are undertaken with sufficient regularity to ensure the carrying amount does not differ materially from that which would be determined using fair value at the reporting date.
Fair values are determined from market based evidence normally undertaken by professionally qualified valuers.

Revaluation gains and losses are recognised in other comprehensive income unless losses exceed the previously recognised gains or reflect a clear consumption of economic benefits, in which case the excess losses are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.9

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).

Page 4

 
CKS DEVELOPMENTS (IOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 4 APRIL 2024

4.


Tangible fixed assets





Freehold property
Motor vehicles
Total

£
£
£



Cost or valuation


At 5 April 2023
465,000
1,000
466,000



At 4 April 2024

465,000
1,000
466,000






Net book value



At 4 April 2024
465,000
1,000
466,000



At 4 April 2023
465,000
1,000
466,000

Page 5

 
CKS DEVELOPMENTS (IOW) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 4 APRIL 2024

5.


Debtors

2024
2023
£
£


Trade debtors
80
2,532

Amounts owed by associated companies
118,751
18,750

Other debtors
2,543
2,543

Prepayments and accrued income
427
-

121,801
23,825



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to associated companies
52,000
55,500

Other creditors
560,556
540,556

Accruals and deferred income
7,114
6,171

619,670
602,227



7.


Reserves

Revaluation reserve

The revaluation reserve reflects the amount by which the value of the company's freehold properties have been revised following from the revaluation or disposal of these assets.

Profit and loss account

The profit and loss account includes all current and prior period retained profits and losses. 


8.


Related party transactions

At the reporting date, the company owed £560,556 (2023: £540,556) to the director. The balance was provided interest free and is repayable on demand. The company has not entered into any other transactions with related parties that are material and that have not been concluded under normal market conditions.

 
Page 6