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Company Registration No. 10933266 (England and Wales)
CKMV LTD Unaudited accounts for the year ended 31 August 2024
CKMV LTD Unaudited accounts Contents
Page
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CKMV LTD Company Information for the year ended 31 August 2024
Director
Kieren Vandenhoek-Mills
Company Number
10933266 (England and Wales)
Registered Office
1 Victor House Barnet Road London Colney St. Albans AL2 1BJ United Kingdom
Accountants
Trimantic Accountants 1 Victor House Barnet Road London Colney AL2 1BJ
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CKMV LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,240 
Current assets
Debtors
167 
621 
Cash at bank and in hand
3 
250 
170 
871 
Creditors: amounts falling due within one year
(240,169)
(186,076)
Net current liabilities
(239,999)
(185,205)
Total assets less current liabilities
(239,999)
(182,965)
Creditors: amounts falling due after more than one year
(128,200)
(131,642)
Net liabilities
(368,199)
(314,607)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(368,200)
(314,608)
Shareholders' funds
(368,199)
(314,607)
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 May 2025 and were signed on its behalf by
Kieren Vandenhoek-Mills Director Company Registration No. 10933266
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CKMV LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
CKMV LTD is a private company, limited by shares, registered in England and Wales, registration number 10933266. The registered office is 1 Victor House Barnet Road, London Colney, St. Albans, AL2 1BJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years - straight line
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Going concern
The company made losses during the year and has net current liabilities. To address this, the director continues to seek new business channels and cost reduction measures and continues to make a loan facility available to the company to provide it with working capital to continue in operation, and pursuing its business objectives, for at least 12 months from the Balance Sheet date.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other VAT. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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CKMV LTD Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
21,742 
At 31 August 2024
21,742 
Depreciation
At 1 September 2023
19,502 
Charge for the year
2,240 
At 31 August 2024
21,742 
Net book value
At 31 August 2024
- 
At 31 August 2023
2,240 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
454 
Trade debtors
167 
167 
167 
621 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
21,567 
24,949 
VAT
190 
- 
Taxes and social security
3,516 
5,676 
Accrued preference dividends
118,771 
94,117 
Loans from directors
96,125 
61,334 
240,169 
186,076 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
28,200 
31,642 
Non-equity preference shares
100,000 
100,000 
128,200 
131,642 
The company has in issue 100,000 £1 redeemable preference shares that are allotted, called up and fully paid. These shares are classified as a financial liability in accordance with FRS 102. These shares pay an annual dividend of 15% and are redeemable at the request of either the Company or the shareholder after 5th March 2023 or at such time as the Company has sufficient distributable reserves to redeem the preference shares at par.
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CKMV LTD Notes to the Accounts for the year ended 31 August 2024
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1 
1 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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