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REGISTERED NUMBER: 09762871 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

CVNK PROPERTY DEVELOPMENTS LIMITED

CVNK PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09762871)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CVNK PROPERTY DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: V A Lala





REGISTERED OFFICE: 409-411 Croydon Road
Beckenham
BR3 3PP





REGISTERED NUMBER: 09762871 (England and Wales)





ACCOUNTANTS: Edwards Chartered Accountants
409-411 Croydon Road
Beckenham
Kent
BR3 3PP

CVNK PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09762871)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,203,563 14,204,747

CURRENT ASSETS
Debtors 5 234,245 246,363
Cash at bank 276,970 100,988
511,215 347,351
CREDITORS
Amounts falling due within one year 6 13,802,903 13,808,539
NET CURRENT LIABILITIES (13,291,688 ) (13,461,188 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

911,875

743,559

PROVISIONS FOR LIABILITIES 890 -
NET ASSETS 910,985 743,559

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 910,885 743,459
910,985 743,559

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 director acknowledges his 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 director and authorised for issue on 23 June 2025 and were signed by:



V A Lala - Director


CVNK PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09762871)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

CVNK Property Developments 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 (£).


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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Fixtures and fittings - 25% 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 1 (2023 - 1 ) .

CVNK PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09762871)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST OR VALUATION
At 1 October 2023
and 30 September 2024 14,200,000 5,573 14,205,573
DEPRECIATION
At 1 October 2023 - 826 826
Charge for year - 1,184 1,184
At 30 September 2024 - 2,010 2,010
NET BOOK VALUE
At 30 September 2024 14,200,000 3,563 14,203,563
At 30 September 2023 14,200,000 4,747 14,204,747

Cost or valuation at 30 September 2024 is represented by:

Fixtures
Freehold and
property fittings Totals
£    £    £   
Valuation in 2018 192,033 - 192,033
Valuation in 2022 (800,000 ) - (800,000 )
Cost 14,807,967 5,573 14,813,540
14,200,000 5,573 14,205,573

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 14,807,967 14,807,967

Freehold land and buildings were valued on an open market basis basis on 30 September 2022 by Gerald Eve LLP .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 23,900 19,211
Other debtors 210,345 227,152
234,245 246,363

CVNK PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09762871)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 10,555 -
Amounts owed to group undertakings 13,685,797 13,685,797
Taxation and social security 45,507 42,319
Other creditors 61,044 80,423
13,802,903 13,808,539