Registration number:
CK Sol Holdings Ltd
for the Period from 18 August 2023 to 30 April 2024
CK Sol Holdings Ltd
Contents
Statement of Financial Position |
|
Notes to the Unaudited Financial Statements |
CK Sol Holdings Ltd
(Registration number: 15080421)
Statement of Financial Position as at 30 April 2024
Note |
2024 |
|
Fixed assets |
||
Investments |
|
|
Creditors: Amounts falling due within one year |
( |
|
Total assets less current liabilities |
|
|
Creditors: Amounts falling due after more than one year |
( |
|
Net assets |
|
|
Capital and reserves |
||
Called up share capital |
100 |
|
Shareholders' funds |
100 |
For the financial period ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Statement of Comprehensive Income.
Approved and authorised by the
|
CK Sol Holdings Ltd
Notes to the Unaudited Financial Statements for the Period from 18 August 2023 to 30 April 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
Principal activity
The principal activity of the company is that of a holding company.
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are prepared in sterling which is the functional currency of the entity.
Going concern
The financial statements have been prepared on a going concern basis.
CK Sol Holdings Ltd
Notes to the Unaudited Financial Statements for the Period from 18 August 2023 to 30 April 2024 (continued)
2 |
Accounting policies (continued) |
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. |
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. |
Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Borrowings
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the statement of comprehensive income over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Financial instruments
Recognition and measurement
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
CK Sol Holdings Ltd
Notes to the Unaudited Financial Statements for the Period from 18 August 2023 to 30 April 2024 (continued)
Staff numbers |
The average number of persons employed by the company (including the director) during the period, was
Investments |
2024 |
|
Investments in subsidiaries |
|
Subsidiaries |
£ |
Cost or valuation |
|
Additions |
|
Provision |
|
Carrying amount |
|
At 30 April 2024 |
|
Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
2024 |
|||
Subsidiary undertakings |
|||
|
33 North Road East, Plymouth, PL4 6AY England and Wales |
|
|
Subsidiary undertakings |
Chris Kallis Solicitors Limited The principal activity of Chris Kallis Solicitors Limited is |
CK Sol Holdings Ltd
Notes to the Unaudited Financial Statements for the Period from 18 August 2023 to 30 April 2024 (continued)
Creditors |
Creditors: amounts falling due within one year
Note |
2024 |
|
Due within one year |
||
Loans and borrowings |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
|
|
Creditors: amounts falling due after more than one year
Note |
2024 |
|
Due after one year |
||
Loans and borrowings |
|
CK Sol Holdings Ltd
Notes to the Unaudited Financial Statements for the Period from 18 August 2023 to 30 April 2024 (continued)
Reserves |
Profit and loss account:
This reserve records retained earnings and accumulated losses.
Loans and borrowings |
Non-current loans and borrowings
2024 |
|
Other borrowings |
|
Current loans and borrowings
2024 |
|
Other borrowings |
|