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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
Page
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Ciic Properties Ltd Company Information for the year ended 31 August 2024
Director
Alagoa Chris
Company Number
14307307 (England and Wales)
Registered Office
3 Spruce Avenue Bury Lancashire BL9 7QX United Kingdom
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Ciic Properties Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
282,847 
211,478 
Current assets
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)
Capital and reserves
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
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Ciic Properties Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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.
5
Investment property
2024 
£ 
Fair value at 1 September 2023
211,478 
Additions
71,369 
At 31 August 2024
282,847 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
720 
1,200 
Accountant fee
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 
326,435 
243,143 
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).
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