Silverfin false false 30/06/2024 01/07/2023 30/06/2024 J Caunter 13/06/2017 J Kelly 13/06/2017 19 March 2025 The principal activity of the Company during the financial year was a development property. 10816649 2024-06-30 10816649 bus:Director1 2024-06-30 10816649 bus:Director2 2024-06-30 10816649 2023-06-30 10816649 core:CurrentFinancialInstruments 2024-06-30 10816649 core:CurrentFinancialInstruments 2023-06-30 10816649 core:ShareCapital 2024-06-30 10816649 core:ShareCapital 2023-06-30 10816649 core:RetainedEarningsAccumulatedLosses 2024-06-30 10816649 core:RetainedEarningsAccumulatedLosses 2023-06-30 10816649 2023-07-01 2024-06-30 10816649 bus:FilletedAccounts 2023-07-01 2024-06-30 10816649 bus:SmallEntities 2023-07-01 2024-06-30 10816649 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 10816649 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10816649 bus:Director1 2023-07-01 2024-06-30 10816649 bus:Director2 2023-07-01 2024-06-30 10816649 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Company No: 10816649 (England and Wales)

CK HOMES LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

CK HOMES LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

CK HOMES LIMITED

BALANCE SHEET

As at 30 June 2024
CK HOMES LIMITED

BALANCE SHEET (continued)

As at 30 June 2024
Note 2024 2023
£ £
Current assets
Stocks 3 506,320 0
Debtors 4 50 257
Cash at bank and in hand 5,068 37
511,438 294
Creditors: amounts falling due within one year 5 ( 518,950) ( 6,120)
Net current liabilities (7,512) (5,826)
Total assets less current liabilities (7,512) (5,826)
Net liabilities ( 7,512) ( 5,826)
Capital and reserves
Called-up share capital 100 100
Profit and loss account ( 7,612 ) ( 5,926 )
Total shareholders' deficit ( 7,512) ( 5,826)

For the financial year ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of CK Homes Limited (registered number: 10816649) were approved and authorised for issue by the Board of Directors on 19 March 2025. They were signed on its behalf by:

J Caunter
Director
CK HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
CK HOMES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

CK Homes Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Stocks

2024 2023
£ £
Stocks 506,320 0

4. Debtors

2024 2023
£ £
Corporation tax 0 207
Other debtors 50 50
50 257

5. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 518,950 6,120