REGISTERED NUMBER: 11334880 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

CK5 LIMITED

Page

Balance sheet

1

Notes to the financial statements

3

Fixed assets

Tangible assets

4

36,171

20,304

Investments

5

1,361

90

37,532

20,394

Current assets

Stocks

42,001

6,610

Debtors

6

1,459,789

2,228,557

Cash at bank

70,491

6,322

1,572,281

2,241,489

Creditors

Amounts falling due within one year

7

1,337,921

2,404,386

Net current assets/(liabilities)

234,360

(162,897

)

Total assets less current liabilities

271,892

(142,503

)

Provisions for liabilities

9

8,054

-

Net assets/(liabilities)

263,838

(142,503

)

Capital and reserves

Called up share capital

10

180

180

Retained earnings

263,658

(142,683

)

Shareholders' funds

263,838

(142,503

)

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 Statement of comprehensive income 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 R A Cook - Director

1.	Statutory information

CK5 Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 11334880. The registered office address is 7&8 Church Street, Wimborne, Dorset, BH21 1JH and the business address is 8 Avon Castle Drive, Ringwood, Hampshire, BH24 2BA.

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 represents amounts receivable, net of VAT, in respect of services provided in the ordinary course of business and is recognised once the service has been provided to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

25% on reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

Stocks

Stock and Work In Progress are valued at the lower of cost and net realisable value.

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 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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4.	Tangible fixed assets

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

Cost

At 1 October 2023

20,813

-

18,717

39,530

Additions

2,650

16,000

9,274

27,924

At 30 September 2024

23,463

16,000

27,991

67,454

Depreciation

At 1 October 2023

9,294

-

9,932

19,226

Charge for year

3,542

4,000

4,515

12,057

At 30 September 2024

12,836

4,000

14,447

31,283

Net book value

At 30 September 2024

10,627

12,000

13,544

36,171

At 30 September 2023

11,519

-

8,785

20,304

5.	Fixed asset investments

2024

2023

£

£

Participating interests

90

90

Other investments not loans

1,271

-

1,361

90

Additional information is as follows:

Interest

in

associate

£

Cost

At 1 October 2023

and 30 September 2024

90

Net book value

At 30 September 2024

90

At 30 September 2023

90

Investments (neither listed nor unlisted) were as follows:

2024

2023

£

£

Bullion additions

1,271

-

6.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

88,743

10,156

Other debtors

1,339,196

2,174,924

Tax

-

4,394

Prepayments and accrued income

31,850

39,083

1,459,789

2,228,557

7.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

94,945

41,465

Tax

84,040

-

VAT

18,717

21,566

Other creditors

124,847

154,778

Directors' current accounts

1,005,882

2,169,934

Accruals and deferred income

9,490

16,643

1,337,921

2,404,386

8.	Secured debts

A fixed charge dated 31 May 2024, has been registered in respect of monies owed by the company's associate to Paragon Development Finance Limited by way of shares in that associate and certain other assets.

9.	Provisions for liabilities

2024

2023

£

£

Deferred tax

8,054

-

Deferred

tax

£

Charge to Income statement during year

8,054

Balance at 30 September 2024

8,054

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

180

Ordinary

£1

180

180

11.	Ultimate controlling party

The company is controlled by the directors, Mr and Mrs Cook, by virtue of their 100% ownership of the issued share capital.