Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31152024-01-01falseProperty management16truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09734430 2024-01-01 2024-12-31 09734430 2023-01-01 2023-12-31 09734430 2024-12-31 09734430 2023-12-31 09734430 2023-01-01 09734430 c:Director3 2024-01-01 2024-12-31 09734430 d:PlantMachinery 2024-01-01 2024-12-31 09734430 d:PlantMachinery 2024-12-31 09734430 d:PlantMachinery 2023-12-31 09734430 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09734430 d:OfficeEquipment 2024-01-01 2024-12-31 09734430 d:OfficeEquipment 2024-12-31 09734430 d:OfficeEquipment 2023-12-31 09734430 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09734430 d:ComputerEquipment 2024-01-01 2024-12-31 09734430 d:ComputerEquipment 2024-12-31 09734430 d:ComputerEquipment 2023-12-31 09734430 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09734430 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 09734430 d:CurrentFinancialInstruments 2024-12-31 09734430 d:CurrentFinancialInstruments 2023-12-31 09734430 d:Non-currentFinancialInstruments 2024-12-31 09734430 d:Non-currentFinancialInstruments 2023-12-31 09734430 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 09734430 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09734430 d:ShareCapital 2024-12-31 09734430 d:ShareCapital 2023-12-31 09734430 d:RetainedEarningsAccumulatedLosses 2024-12-31 09734430 d:RetainedEarningsAccumulatedLosses 2023-12-31 09734430 d:AcceleratedTaxDepreciationDeferredTax 2024-12-31 09734430 d:AcceleratedTaxDepreciationDeferredTax 2023-12-31 09734430 c:FRS102 2024-01-01 2024-12-31 09734430 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 09734430 c:FullAccounts 2024-01-01 2024-12-31 09734430 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 09734430 d:WithinOneYear 2024-12-31 09734430 d:WithinOneYear 2023-12-31 09734430 d:BetweenOneFiveYears 2024-12-31 09734430 d:BetweenOneFiveYears 2023-12-31 09734430 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure

Registered number: 09734430










CPP FM & PROJECTS LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

 
CPP FM & PROJECTS LTD
REGISTERED NUMBER: 09734430

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
5,266
6,405

Current assets
  

Debtors: amounts falling due after more than one year
 5 
24,073
9,190

Debtors: amounts falling due within one year
 5 
1,304,463
221,757

Cash at bank and in hand
  
1,706,068
2,349,230

  
3,034,604
2,580,177

Creditors: amounts falling due within one year
 6 
(1,717,238)
(1,282,857)

Net current assets
  
 
 
1,317,366
 
 
1,297,320

Total assets less current liabilities
  
1,322,632
1,303,725

Provisions for liabilities
  

Deferred tax
 7 
(1,317)
(621)

Net assets
  
1,321,315
1,303,104


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
1,321,215
1,303,004

  
1,321,315
1,303,104


Page 1

 
CPP FM & PROJECTS LTD
REGISTERED NUMBER: 09734430
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 March 2025.




N P Wales
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
CPP FM & PROJECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

CPP FM & Projects Ltd is a private Company limited by shares, incorporated in England and Wales (registered number: 09734430). Its registered office is 1st Floor, Abbey House, 11 Leopold Street, Sheffield, S1 2GY. The principal activity of the Company throughout the year continued to be that of property management.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The Company's functional and presentation currency is pounds sterling.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
CPP FM & PROJECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

The depreciation rates used are: 

Plant and machinery
-
15%
reducing balance
Office equipment
-
25%
reducing balance
Computer equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Financial instruments


The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as bank and cash balances, trade and other accounts receivable and payable, loans from banks and other third parties and loans to and from related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the transaction price and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.5

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 4

 
CPP FM & PROJECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Current and deferred taxation

Tax is recognised in the Statement of Comprehensive Income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.


3.


Employees

The average monthly number of employees, including directors, during the year was 16 (2023 - 15).

Page 5

 
CPP FM & PROJECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Plant and machinery
Office equipment
Computer equipment
Total

£
£
£
£



Cost 


At 1 January 2024
7,397
3,704
3,834
14,935


Additions
-
-
327
327



At 31 December 2024

7,397
3,704
4,161
15,262



Depreciation


At 1 January 2024
2,632
2,654
3,244
8,530


Charge for the year on owned assets
715
263
488
1,466



At 31 December 2024

3,347
2,917
3,732
9,996



Net book value



At 31 December 2024
4,050
787
429
5,266



At 31 December 2023
4,765
1,050
590
6,405


5.


Debtors

2024
2023
£
£

Due after more than one year

Trade debtors
24,073
9,190


2024
2023
£
£

Due within one year

Trade debtors
1,263,712
196,034

Other debtors
-
189

Prepayments and accrued income
40,751
25,534

1,304,463
221,757


Page 6

 
CPP FM & PROJECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
380,605
261,952

Corporation tax
94,127
143,784

Other taxation and social security
440,682
384,280

Other creditors
-
3,923

Accruals and deferred income
801,824
488,918

1,717,238
1,282,857



7.


Deferred taxation




2024
2023


£

£






At beginning of year
(621)
(1,922)


Charged to profit or loss
(696)
1,301



At end of year
(1,317)
(621)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Accelerated capital allowances
1,317
621


8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £34,866 (2023 - £51,940)

Page 7

 
CPP FM & PROJECTS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

9.


Commitments under operating leases

At 31 December 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
43,926
39,700

Later than 1 year and not later than 5 years
57,273
17,059

101,199
56,759


10.


Controlling party

The immediate and ultimate parent undertaking of CPP FM and Projects Ltd is CPP Agency LLP.

 
Page 8