REGISTERED NUMBER: 07260303 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2024

for

CKW Trading Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P J Schroeder

REGISTERED OFFICE:

Dobson House

Grainger Suite

Regent Centre

Gosforth

Newcastle Upon Tyne

NE3 3PF

REGISTERED NUMBER:

07260303 (England and Wales)

ACCOUNTANTS:

Inspire Chartered Accountants

6 Queens Court

Third Avenue

Team Valley

Gateshead

Tyne and Wear

NE11 0BU

FIXED ASSETS

Tangible assets

5

179

436

Investment property

6

280,000

280,000

280,179

280,436

CURRENT ASSETS

Stocks

-

227,264

Debtors

7

527,362

577,472

Cash at bank and in hand

30,735

93,669

558,097

898,405

CREDITORS

Amounts falling due within one year

8

1,116,553

1,425,837

NET CURRENT LIABILITIES

(558,456

)

(527,432

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(278,277

)

(246,996

)

CREDITORS

Amounts falling due after more than one year

9

(38,785

)

(53,092

)

PROVISIONS FOR LIABILITIES

(109

)

(109

)

NET LIABILITIES

(317,171

)

(300,197

)

CAPITAL AND RESERVES

Called up share capital

11

200

200

Retained earnings

(317,371

)

(300,397

)

SHAREHOLDERS' FUNDS

(317,171

)

(300,197

)

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 director acknowledges his 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 director and authorised for issue on 29 September 2025 and were signed by:

P J Schroeder - Director

1.	STATUTORY INFORMATION

CKW Trading 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis which assumes that the company will continue to trade for the foreseeable future. In order to do so it relies on the continued support of its creditors and bankers. Should the company no longer receive such support, fixed assets will need to be reclassified as current assets and long term liabilities as current liabilities. Provisions would be required to reduce assets to their recoverable amount and to provide for any further liabilities that may arise.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

10% on cost

Fixtures and fittings

-

10% on cost

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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 October 2023

and 30 September 2024

7,276

314

7,590

DEPRECIATION

At 1 October 2023

6,840

314

7,154

Charge for year

257

-

257

At 30 September 2024

7,097

314

7,411

NET BOOK VALUE

At 30 September 2024

179

-

179

At 30 September 2023

436

-

436

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2023

and 30 September 2024

280,000

NET BOOK VALUE

At 30 September 2024

280,000

At 30 September 2023

280,000

Fair value at 30 September 2024 is represented by:

£

Valuation in 2018

31,525

Valuation in 2022

30,000

Cost

218,475

280,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Trade debtors

429,213

331,852

Other debtors

98,149

245,620

527,362

577,472

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans and overdrafts

112,878

114,940

Trade creditors

359,403

594,069

Taxation and social security

129,281

115,772

Other creditors

514,991

601,056

1,116,553

1,425,837

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.24

30.9.23

£

£

Bank loans

38,785

53,092

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.24

30.9.23

£

£

Bank overdrafts

93,716

92,977

Bank loans

57,947

75,055

151,663

168,032

The bank loan and overdraft are secured by a debenture over the assets of the company together with a fixed charge over the investment property owned by the company.

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.24

30.9.23

value:

£

£

200

Ordinary

£1.00

200

200

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24

30.9.23

£

£

P J Schroeder

Balance outstanding at start of year

58,660

58,660

Amounts advanced

6,166

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

64,826

58,660

The above loan is provided interest free and has no fixed repayment terms.