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REGISTERED NUMBER: 13523927 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Cc Squared Ltd

Cc Squared Ltd (Registered number: 13523927)






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


Cc Squared Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTORS: D G J Carson
K R Eaton





REGISTERED OFFICE: Unit 8 P.e.c
Quatremaine Road
Portsmouth
United Kingdom
PO3 5QT





REGISTERED NUMBER: 13523927 (England and Wales)





ACCOUNTANTS: Hughes Spencer
12 Acorn Business Park
Northarbour Road
Portsmouth
Hampshire
PO6 3TH

Cc Squared Ltd (Registered number: 13523927)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 - 110
Investment property 5 526,208 240,902
526,208 241,012

CURRENT ASSETS
Debtors 6 678 673
Cash at bank 30,645 28,495
31,323 29,168
CREDITORS
Amounts falling due within one year 7 377,321 101,552
NET CURRENT LIABILITIES (345,998 ) (72,384 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

180,210

168,628

CREDITORS
Amounts falling due after more than one
year

8

168,775

168,775
NET ASSETS/(LIABILITIES) 11,435 (147 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11,335 (247 )
SHAREHOLDERS' FUNDS 11,435 (147 )

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.

Cc Squared Ltd (Registered number: 13523927)

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 Income Statement 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:





K R Eaton - Director


Cc Squared Ltd (Registered number: 13523927)

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

1. STATUTORY INFORMATION

Cc Squared Ltd 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 33% on cost

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.

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.

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 2 (2023 - 2 ) .

Cc Squared Ltd (Registered number: 13523927)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023
and 31 July 2024 329
DEPRECIATION
At 1 August 2023 219
Charge for year 110
At 31 July 2024 329
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 110

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023 240,902
Additions 285,306
At 31 July 2024 526,208
NET BOOK VALUE
At 31 July 2024 526,208
At 31 July 2023 240,902

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 678 673

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 2
Taxation and social security 2,977 648
Other creditors 374,344 100,902
377,321 101,552

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 168,775 168,775

Cc Squared Ltd (Registered number: 13523927)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2024 2023
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 168,775 168,775

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Other loans 168,775 168,775

A charge was created on 5 September 2022 by Charter Court Financial Services Limited over the investment property at 6 Gatehouse, 122 Milton Road, Portsmouth, Hants, PO3 6FU.