REGISTERED NUMBER: 12201028 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

CN Properties 3 UK Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs J Chan

C K Ng

SECRETARY:

C K Ng

REGISTERED OFFICE:

23 Harper Close Chafford Hundred

Grays

RM16 6DA

REGISTERED NUMBER:

12201028 (England and Wales)

ACCOUNTANTS:

Fong Baldwin & Co

Chartered Certified Accountants

PO Box 2664

London

W1A 3SD

FIXED ASSETS

Tangible assets

4

731,580

755,475

CURRENT ASSETS

Cash at bank

49,672

37,444

CREDITORS

Amounts falling due within one year

5

8,720

5,594

NET CURRENT ASSETS

40,952

31,850

TOTAL ASSETS LESS CURRENT LIABILITIES

772,532

787,325

CREDITORS

Amounts falling due after more than one year

6

820,807

845,816

NET LIABILITIES

(48,275

)

(58,491

)

CAPITAL AND RESERVES

Called up share capital

4,000

4,000

Retained earnings

(52,275

)

(62,491

)

(48,275

)

(58,491

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

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 18 June 2025 and were signed on its behalf by:

C K Ng - Director

1.	STATUTORY INFORMATION

CN Properties 3 UK 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.

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

-

20% on reducing balance

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 NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 October 2023

and 30 September 2024

636,005

263,434

899,439

DEPRECIATION

At 1 October 2023

-

143,964

143,964

Charge for year

-

23,895

23,895

At 30 September 2024

-

167,859

167,859

NET BOOK VALUE

At 30 September 2024

636,005

95,575

731,580

At 30 September 2023

636,005

119,470

755,475

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Taxation and social security

8,001

5,053

Other creditors

719

541

8,720

5,594

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans

179,977

179,986

Other creditors

640,830

665,830

820,807

845,816

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

179,977

179,986