Company Registration No. 14307307 (England and Wales)
Ciic Properties Ltd
Unaudited accounts
for the year ended 31 August 2024
Ciic Properties Ltd
Unaudited accounts
Contents
Ciic Properties Ltd
Company Information
for the year ended 31 August 2024
Company Number
14307307 (England and Wales)
Registered Office
3 Spruce Avenue
Bury
Lancashire
BL9 7QX
United Kingdom
Ciic Properties Ltd
Statement of financial position
as at 31 August 2024
Investment property
282,847
211,478
Cash at bank and in hand
1,508
955
Creditors: amounts falling due within one year
(720)
(1,200)
Net current assets/(liabilities)
788
(245)
Total assets less current liabilities
283,635
211,233
Creditors: amounts falling due after more than one year
(326,435)
(243,143)
Net liabilities
(42,800)
(31,910)
Called up share capital
100
100
Profit and loss account
(42,900)
(32,010)
Shareholders' funds
(42,800)
(31,910)
For the year ending 31 August 2024 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 12 January 2025 and were signed on its behalf by
Alagoa Chris
Director
Company Registration No. 14307307
Ciic Properties Ltd
Notes to the Accounts
for the year ended 31 August 2024
Ciic Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14307307. The registered office is 3 Spruce Avenue, Bury, Lancashire, BL9 7QX, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment Property which is property which held to earn rental income and/or capital appreciation are initially recognised at
cost which includes the purchase price and all directly attributable expenditures. Subsequently its measured at fair value at the
reporting end date. Changes in fair value are recognised in the profit and loss account.
Fair value at 1 September 2023
211,478
6
Creditors: amounts falling due within one year
2024
2023
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
201,220
150,502
Loans from directors
125,215
92,641
Bank Mortgage loans £201,220.75
Amount Owe to Directors £125,214.45
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).