CCP Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04540644 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CCP PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr Christos Pavlou

Mr P Pavlou

SECRETARY:

Mr Christos Pavlou

REGISTERED OFFICE:

Solar House

282 Chase Road

London

N14 6NZ

REGISTERED NUMBER:

04540644 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

4

16,946

22,594

Investment property

5

910,000

926,946

932,594

CURRENT ASSETS

Debtors

6

8,714

Cash at bank

22,143

5,759

30,857

14,473

CREDITORS

Amounts falling due within one year

7

74,789

69,088

NET CURRENT LIABILITIES

(43,932

)

(54,615

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

883,014

877,979

CREDITORS

Amounts falling due after more than one
year

8

(58,330

)

(70,835

)

PROVISIONS FOR LIABILITIES

10

(76,196

)

(76,196

)

NET ASSETS

748,488

730,948

CAPITAL AND RESERVES

Called up share capital

11

3

Retained earnings

748,485

730,945

SHAREHOLDERS' FUNDS

748,488

730,948

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2025 and were signed on its behalf by:

Mr Christos Pavlou - Director

1.	STATUTORY INFORMATION

CCP Properties 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rents received.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 2 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2024

and 31 December 2024

30,126

DEPRECIATION

At 1 January 2024

7,532

Charge for year

5,648

At 31 December 2024

13,180

NET BOOK VALUE

At 31 December 2024

16,946

At 31 December 2023

22,594

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

910,000

NET BOOK VALUE

At 31 December 2024

910,000

At 31 December 2023

910,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2016

513,569

Cost

396,431

910,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Other debtors

8,714

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts (see note 9)

2,400

1,600

Trade creditors

5,886

3,812

Tax

21,719

21,663

Directors' current accounts

43,344

40,573

Accrued expenses

1,440

74,789

69,088

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Bank loans (see note 9)

58,330

70,835

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

58,330

68,568

9.

LOANS

An analysis of the maturity of loans is given below:

31.12.24

31.12.23

£

Amounts falling due within one year or on demand:

Bank loans

2,400

1,600

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

1,600

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

667

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

58,330

68,568

10.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

Deferred tax

76,196

Deferred

tax

£

Balance at 1 January 2024

76,196

Balance at 31 December 2024

76,196

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

3

Ordinary

1

3