Silverfin false false 30/06/2024 28/06/2023 30/06/2024 Lee David Wright 28/06/2023 Sophie Kate Sinclair Wright 28/06/2023 28 April 2025 The principal activity of the company during the financial period was property developing 14968544 2024-06-30 14968544 bus:Director1 2024-06-30 14968544 bus:Director2 2024-06-30 14968544 core:CurrentFinancialInstruments 2024-06-30 14968544 core:ShareCapital 2024-06-30 14968544 core:RetainedEarningsAccumulatedLosses 2024-06-30 14968544 bus:OrdinaryShareClass1 2024-06-30 14968544 2023-06-28 2024-06-30 14968544 bus:FilletedAccounts 2023-06-28 2024-06-30 14968544 bus:SmallEntities 2023-06-28 2024-06-30 14968544 bus:AuditExemptWithAccountantsReport 2023-06-28 2024-06-30 14968544 bus:PrivateLimitedCompanyLtd 2023-06-28 2024-06-30 14968544 bus:Director1 2023-06-28 2024-06-30 14968544 bus:Director2 2023-06-28 2024-06-30 14968544 bus:OrdinaryShareClass1 2023-06-28 2024-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14968544 (England and Wales)

CELLO PROPERTIES LTD

Unaudited Financial Statements
For the financial period from 28 June 2023 to 30 June 2024
Pages for filing with the registrar

CELLO PROPERTIES LTD

Unaudited Financial Statements

For the financial period from 28 June 2023 to 30 June 2024

Contents

CELLO PROPERTIES LTD

COMPANY INFORMATION

For the financial period from 28 June 2023 to 30 June 2024
CELLO PROPERTIES LTD

COMPANY INFORMATION (continued)

For the financial period from 28 June 2023 to 30 June 2024
DIRECTORS Lee David Wright (Appointed 28 June 2023)
Sophie Kate Sinclair Wright (Appointed 28 June 2023)
REGISTERED OFFICE 313 Filey Road
Scarborough
YO11 3JG
United Kingdom
COMPANY NUMBER 14968544 (England and Wales)
ACCOUNTANT Ian Walker & Co Ltd
Wellington House
Aviator Court
Clifton Moor
York
YO30 4UZ
United Kingdom
CELLO PROPERTIES LTD

BALANCE SHEET

As at 30 June 2024
CELLO PROPERTIES LTD

BALANCE SHEET (continued)

As at 30 June 2024
Note 30.06.2024
£
Current assets
Stocks 3 221,892
Cash at bank and in hand 4 3
221,895
Creditors: amounts falling due within one year 5 ( 221,422)
Net current assets 473
Total assets less current liabilities 473
Net assets 473
Capital and reserves
Called-up share capital 6 2
Profit and loss account 471
Total shareholders' funds 473

For the financial period 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:

The financial statements of Cello Properties Ltd (registered number: 14968544) were approved and authorised for issue by the Board of Directors on 28 April 2025. They were signed on its behalf by:

Sophie Kate Sinclair Wright
Director
CELLO PROPERTIES LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 28 June 2023 to 30 June 2024
CELLO PROPERTIES LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 28 June 2023 to 30 June 2024
1. Accounting policies

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

General information and basis of accounting

Cello Properties Ltd (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 313 Filey Road, Scarborough, YO11 3JG, 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 £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

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.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

2. Employees

Period from
28.06.2023 to
30.06.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 2

3. Stocks

30.06.2024
£
Work in progress 221,892

4. Cash and cash equivalents

30.06.2024
£
Cash at bank and in hand 3

5. Creditors: amounts falling due within one year

30.06.2024
£
Bank loans 85,828
Taxation and social security 119
Other creditors 135,475
221,422

6. Called-up share capital

30.06.2024
£
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2