Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-03-28falsefalse0falseProperty developmentThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.0true 15600754 2024-03-27 15600754 2024-03-28 2024-12-31 15600754 2023-03-28 2024-03-27 15600754 2024-12-31 15600754 c:Director1 2024-03-28 2024-12-31 15600754 c:Director1 2024-12-31 15600754 c:Director2 2024-03-28 2024-12-31 15600754 c:Director2 2024-12-31 15600754 c:Director3 2024-03-28 2024-12-31 15600754 c:Director3 2024-12-31 15600754 c:RegisteredOffice 2024-03-28 2024-12-31 15600754 d:CurrentFinancialInstruments 2024-12-31 15600754 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 15600754 d:ShareCapital 2024-12-31 15600754 d:RetainedEarningsAccumulatedLosses 2024-12-31 15600754 c:FRS102 2024-03-28 2024-12-31 15600754 c:AuditExempt-NoAccountantsReport 2024-03-28 2024-12-31 15600754 c:FullAccounts 2024-03-28 2024-12-31 15600754 c:PrivateLimitedCompanyLtd 2024-03-28 2024-12-31 15600754 6 2024-03-28 2024-12-31 15600754 e:PoundSterling 2024-03-28 2024-12-31 iso4217:GBP xbrli:pure
Registered number: 15600754














CCP PEPPER LIMITED
UNAUDITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE PERIOD ENDED 31 DECEMBER 2024

 
CCP PEPPER LIMITED
 
 
COMPANY INFORMATION


Directors
L A Main (appointed 28 March 2024)
T Slingsby (appointed 28 March 2024)
T D Upton (appointed 28 March 2024)




Registered number
15600754



Registered office
Duo Level 6
280 Bishopsgate

London

United Kingdom

EC2M 4RB




Accountants
Sopher + Co LLP
Chartered Accountants

5 Elstree Gate

Elstree Way

Borehamwood

Hertfordshire

WD6 1JD





 
CCP PEPPER LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 5


 
CCP PEPPER LIMITED
REGISTERED NUMBER:15600754

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
Note
£

Fixed assets
  

Investments
 4 
100

Current assets
  

Stocks
  
1,316,738

Debtors: amounts falling due within one year
 5 
188,078

Cash at bank and in hand
  
59,234

  
1,564,050

Current liabilities
  

Creditors: amounts falling due within one year
 6 
(1,570,801)

Net current (liabilities)/assets
  
 
 
(6,751)

Net (liabilities)/assets
  
(6,651)


Capital and reserves
  

Called up share capital 
  
201

Profit and loss account
  
(6,852)

  
(6,651)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


L A Main
Director

Date: 18 August 2025

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
CCP PEPPER LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

CCP Pepper Limited is a private company limited by shares incorporated in England and Wales. The registered office is Duo Level 6, 280 Bishopsgate, London, United Kingdom, EC2M 4RB.
The principal activity of the company during the period was that of the property development.
The company was incorporated on 28 March 2024 and commenced trading on the same date.
The company's functional and presentational currency is £ Sterling.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Going concern

The directors of the company have prepared the financial statements on a going concern basis. The directors have assessed the company’s net lability position and believe that as the company’s creditor balances relate to group companies, the company will not be required to repay these until such a time as it is able.
Accordingly, the directors believe that it is appropriate that these financial statements are prepared on a going concern basis.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 2

 
CCP PEPPER LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

Stocks

Stock comprises of costs associated with the development of properties and are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials, loan finance fees, loan interest and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stock to their present location and condition.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Financial instruments

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and
Page 3

 
CCP PEPPER LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.10
Financial instruments (continued)

loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration.

The average monthly number of employees, including directors, during the period was 0.


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
100



At 31 December 2024
100





5.


Debtors

2024
£


Amounts owed by group undertakings
2,785

VAT recoverable
185,182

Other debtors
111

188,078


Page 4

 
CCP PEPPER LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
£

Trade creditors
97,602

Amounts owed to group undertakings
1,110,630

Other creditors
362,569

1,570,801



7.


Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK', not to disclose related party transactions with wholly owned subsidiaries within the group.
Amounts owed to group undertakings are unsecured, interest free and repayable on demand loans from the immediate parent company.
Included within other creditors is £362,569 owed to a director.  This amount is interest free and repayable on demand.


8.


Controlling party

The parent company is GFHP Planning UK Holdco Limited.
The ultimate parent company is GFHP Planning Investment Co.

 
Page 5