| C K (Cornwall) Limited |
|
| Balance Sheet |
|
| As at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
459,427 |
|
|
454,800 |
|
| Current assets |
| Debtors |
4 |
|
1,500 |
|
|
1,500 |
| Cash at bank and in hand |
|
|
4,006 |
|
|
18,263 |
|
|
|
5,506 |
|
|
19,763 |
|
| Creditors: amounts falling due within one year |
5 |
|
(110,374) |
|
|
(106,588) |
|
| Net current liabilities |
|
|
|
(104,868) |
|
|
(86,825) |
|
| Total assets less current liabilities |
|
|
|
354,559 |
|
|
367,975 |
|
|
|
|
| Net assets |
|
|
|
354,559 |
|
|
367,975 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
118,101 |
|
|
118,101 |
| Profit and loss account |
|
|
|
236,458 |
|
|
249,874 |
|
| Shareholders' funds |
|
|
|
354,559 |
|
|
367,975 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their 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. |
|
|
|
| ………………………………… |
| Mr A C Kitts |
| Director |
| Approved by the board on 29 September 2025 |
|
| C K (Cornwall) Limited |
|
| Notes to the Accounts |
|
| For the Year Ended 31 December 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 represents the value, net of value added tax and discounts, of rental income and fishing lake proprietors received during the year. |
|
|
|
Freehold Investment properties |
|
Investment properties are revalued annually and any surplus or deficit is dealt with through profit and loss. No depreciation is provided in respect of investment properties. |
|
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Fair Value |
|
At 1 January 2024 |
450,000 |
|
6,000 |
|
456,000 |
|
Additions |
- |
|
7,283 |
|
7,283 |
|
At 31 December 2024 |
450,000 |
|
13,283 |
|
463,283 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 January 2024 |
- |
|
1,200 |
|
1,200 |
|
Charge for the year |
- |
|
2,656 |
|
2,656 |
|
At 31 December 2024 |
- |
|
3,856 |
|
3,856 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2024 |
450,000 |
|
9,427 |
|
459,427 |
|
At 31 December 2023 |
450,000 |
|
4,800 |
|
454,800 |
|
|
The historical cost of the investment property was £333,660. |
|
|
| 4 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Other debtors |
1,500 |
|
1,500 |
|
|
|
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade creditors |
30,201 |
|
2,520 |
|
Corporation tax |
(1) |
|
- |
|
Directors loans |
80,174 |
|
104,068 |
|
|
|
|
|
|
110,374 |
|
106,588 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Related party transactions |
|
|
The Company is controlled by the directors who own 100% of the called up share capital. |
|
At the balance sheet date the Company owed Mr A C Kitts £80174 (2023 £104068). |
|
|
|
| 7 |
Other information |
|
|
C K (Cornwall) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
7 Church Road |
|
Penryn |
|
Cornwall |
|
TR10 8DA |
|
Registered number 02890983 |