Registered number
12319503
CFT PROPERTIES LTD
Filleted Accounts
30 November 2024
CFT PROPERTIES LTD
Registered number: 12319503
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 184,876 184,876
Current assets
Cash at bank and in hand 4,728 1,633
Creditors: amounts falling due within one year 4 (379) (325)
Net current assets 4,349 1,308
Total assets less current liabilities 189,225 186,184
Creditors: amounts falling due after more than one year 5 (193,886) (190,225)
Net liabilities (4,661) (4,041)
Capital and reserves
Called up share capital 1 1
Profit and loss account (4,662) (4,042)
Shareholder's funds (4,661) (4,041)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Christopher Thomson
Director
Approved by the board on 31 July 2025
CFT PROPERTIES LTD
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 December 2023 184,876
At 30 November 2024 184,876
Depreciation
At 30 November 2024 -
Net book value
At 30 November 2024 184,876
At 30 November 2023 184,876
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 379 325
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 129,425 129,425
Other creditors 64,461 60,800
193,886 190,225
6 Loans 2024 2023
£ £
Creditors include:
Instalments falling due for payment after more than five years 129,425 129,425
Secured bank loans 129,425 129,425
[Give an indication of the nature and form of the security for the bank loans]
7 Other information
CFT PROPERTIES LTD is a private company limited by shares and incorporated in England. Its registered office is:
1 Gateland Lane
Leeds
LS17 8HR
CFT PROPERTIES LTD 12319503 false 2023-12-01 2024-11-30 2024-11-30 VT Final Accounts April 2025 Christopher Thomson No description of principal activity 12319503 2022-12-01 2023-11-30 12319503 core:WithinOneYear 2023-11-30 12319503 core:AfterOneYear 2023-11-30 12319503 core:ShareCapital 2023-11-30 12319503 core:RetainedEarningsAccumulatedLosses 2023-11-30 12319503 2023-12-01 2024-11-30 12319503 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 12319503 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 12319503 bus:Director40 2023-12-01 2024-11-30 12319503 1 2023-12-01 2024-11-30 12319503 2 2023-12-01 2024-11-30 12319503 countries:England 2023-12-01 2024-11-30 12319503 bus:FRS102 2023-12-01 2024-11-30 12319503 bus:FilletedAccounts 2023-12-01 2024-11-30 12319503 2024-11-30 12319503 core:WithinOneYear 2024-11-30 12319503 core:AfterOneYear 2024-11-30 12319503 core:ShareCapital 2024-11-30 12319503 core:RetainedEarningsAccumulatedLosses 2024-11-30 12319503 core:LandBuildings 2024-11-30 12319503 2023-11-30 12319503 core:LandBuildings 2023-11-30 iso4217:GBP xbrli:pure