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REGISTERED NUMBER: 05220992 (England and Wales)















CCPI Limited

Unaudited Financial Statements

for the Year Ended 31 July 2024






CCPI Limited (Registered number: 05220992)






Contents of the Financial Statements
for the year ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CCPI Limited

Company Information
for the year ended 31 July 2024







DIRECTORS: DP Chandarana
HP Chandarana





SECRETARY: DP Chandarana





REGISTERED OFFICE: 28 Eaton Avenue
Matrix Office Park
Buckshaw Village
Chorley
Lancashire
PR7 7NA





REGISTERED NUMBER: 05220992 (England and Wales)





ACCOUNTANTS: McMillan & Co LLP
Chartered Accountants
28 Eaton Avenue
Matrix Office Park
Buckshaw Village
Chorley
Lancashire
PR7 7NA

CCPI Limited (Registered number: 05220992)

Balance Sheet
31 July 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Tangible assets 4 22,576 30,012
Investments 5 100 -
Investment property 6 2,332,339 2,332,339
2,355,015 2,362,351

CURRENT ASSETS
Debtors 7 2,838 4,739
Cash at bank 46,017 64,289
48,855 69,028
CREDITORS
Amounts falling due within one year 8 92,696 74,908
NET CURRENT LIABILITIES (43,841 ) (5,880 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,311,174

2,356,471

CREDITORS
Amounts falling due after more than one
year

9

(1,608,333

)

(1,658,333

)

PROVISIONS FOR LIABILITIES (4,289 ) (5,702 )
NET ASSETS 698,552 692,436

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 698,452 692,336
SHAREHOLDERS' FUNDS 698,552 692,436

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

CCPI Limited (Registered number: 05220992)

Balance Sheet - continued
31 July 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 April 2025 and were signed on its behalf by:




DP Chandarana - Director



HP Chandarana - Director


CCPI Limited (Registered number: 05220992)

Notes to the Financial Statements
for the year ended 31 July 2024

1. STATUTORY INFORMATION

CCPI 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 (£) and the amounts in the financial statements have been rounded to the nearest £1.

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.

Turnover
Turnover represents rents receivable and the invoice value of goods sold, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment properties are shown at their most recent valuation. In accordance with FRS102, the company's properties are held for long term investment and are included in the balance sheet at their open market values. The surpluses or deficits on annual revaluation of such properties are transferred to reserves. Depreciation is not provided in respect of freehold investment properties. Leasehold investment properties are not amortised where the unexpired term is over twenty years. This policy represents a departure from the requirements of the Companies Act, which requires depreciation to be provided on all fixed assets. The directors' consider that this policy is necessary in order that the financial statements may give a true and fair view because current values and changes in current values are of prime importance rather than the calculation of systematic annual depreciation.

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include debtors, prepayments, bank balances and any borrowings, are initially measured at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the asset is measured at the present value of the future receipts discounted at a market rate of interest. Basic financial liabilities, which include creditors, accruals, loans and any borrowings, are initially recognised at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the liability is measured at the present value of the future obligations discounted at a market rate of interest.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


CCPI Limited (Registered number: 05220992)

Notes to the Financial Statements - continued
for the year ended 31 July 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£ £ £ £
COST
At 1 August 2023
and 31 July 2024 2,296 7,218 48,700 58,214
DEPRECIATION
At 1 August 2023 1,005 5,891 21,306 28,202
Charge for year 323 265 6,848 7,436
At 31 July 2024 1,328 6,156 28,154 35,638
NET BOOK VALUE
At 31 July 2024 968 1,062 20,546 22,576
At 31 July 2023 1,291 1,327 27,394 30,012

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
Additions 100
At 31 July 2024 100
NET BOOK VALUE
At 31 July 2024 100

CCPI Limited (Registered number: 05220992)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

6. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 August 2023
and 31 July 2024 2,332,339
NET BOOK VALUE
At 31 July 2024 2,332,339
At 31 July 2023 2,332,339

In the opinion of the directors the market value of the investment properties at the year end was equal to the historic cost of these properties which was £2,332,339 (2023: £2,332,339).

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 2,838 4,597
Prepayments and accrued income - 142
2,838 4,739

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Corporation tax 9,678 9,059
VAT 1,129 479
Other creditors 728 3,060
Directors current accounts 27,600 14,000
Accruals and deferred income 43,561 38,310
92,696 74,908

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans - 2-5 years 8,333 18,333
Other loans and funding 1,600,000 1,640,000
1,608,333 1,658,333

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Bank loans 18,333 28,333

The bank loan is repayable within five years with equal monthly instalments.

CCPI Limited (Registered number: 05220992)

Notes to the Financial Statements - continued
for the year ended 31 July 2024

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100

12. RELATED PARTY DISCLOSURES

During the year the company paid interest to the directors on loans owing to them of £16,000 (2023: £16,000).

13. ULTIMATE CONTROLLING PARTY

In the directors' opinion the company is controlled by the directors by virtue of their shareholding.