IRIS Accounts Production v24.3.0.553 04331522 director 1.6.23 31.5.24 31.5.24 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh043315222023-05-31043315222024-05-31043315222023-06-012024-05-31043315222022-05-31043315222022-06-012023-05-31043315222023-05-3104331522ns15:EnglandWales2023-06-012024-05-3104331522ns14:PoundSterling2023-06-012024-05-3104331522ns10:Director12023-06-012024-05-3104331522ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3104331522ns10:SmallEntities2023-06-012024-05-3104331522ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3104331522ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3104331522ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3104331522ns10:FullAccounts2023-06-012024-05-3104331522ns10:RegisteredOffice2023-06-012024-05-3104331522ns5:CurrentFinancialInstruments2024-05-3104331522ns5:CurrentFinancialInstruments2023-05-3104331522ns5:Non-currentFinancialInstruments2024-05-3104331522ns5:Non-currentFinancialInstruments2023-05-3104331522ns5:ShareCapital2024-05-3104331522ns5:ShareCapital2023-05-3104331522ns5:RetainedEarningsAccumulatedLosses2024-05-3104331522ns5:RetainedEarningsAccumulatedLosses2023-05-31
REGISTERED NUMBER: 04331522 (England and Wales)















Financial Statements for the Year Ended 31 May 2024

for

CK Properties (North West) Limited

CK Properties (North West) Limited (Registered number: 04331522)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CK Properties (North West) Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: J R Clarke





REGISTERED OFFICE: 116 Duke Street
Liverpool
Merseyside
L1 5JW





REGISTERED NUMBER: 04331522 (England and Wales)





ACCOUNTANTS: Cobham Murphy Limited
116 Duke Street
Liverpool
Merseyside
L1 5JW

CK Properties (North West) Limited (Registered number: 04331522)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 145,000 145,000

CURRENT ASSETS
Stocks 390,000 390,000

CREDITORS
Amounts falling due within one year 5 121,275 123,883
NET CURRENT ASSETS 268,725 266,117
TOTAL ASSETS LESS CURRENT
LIABILITIES

413,725

411,117

CREDITORS
Amounts falling due after more than one
year

6

279,096

279,096
NET ASSETS 134,629 132,021

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 134,627 132,019
SHAREHOLDERS' FUNDS 134,629 132,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 30 January 2025 and were signed by:




J R Clarke - Director


CK Properties (North West) Limited (Registered number: 04331522)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

CK Properties (North West) Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover represents the fair value of the consideration received of net property sales, net management fees, construction services and net rents received excluding value added tax. Turnover is recognised in the accounting period to which it relates.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks and work in progress
Stocks are valued at the lower of cost and net realisable value. Cost is computed on a first in first out basis. The cost of work in progress and finished goods includes all production overheads and depreciation and attributable proportion of indirect overheads based on the normal level of activity. Net realisable value is based on estimated selling price less the estimated cost of disposal.

Financial instruments
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

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.


CK Properties (North West) Limited (Registered number: 04331522)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 145,000
NET BOOK VALUE
At 31 May 2024 145,000
At 31 May 2023 145,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other creditors 121,275 123,883

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Other creditors 279,096 279,096

Amounts falling due in more than five years:

Repayable by instalments
Other loans due after 5 years 279,096 279,096

7. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Other loans 279,096 279,096