C. & P. Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 00980328

C. & P. Limited

Filleted Unaudited Financial Statements

31 May 2025

C. & P. Limited

Financial Statements

Year ended 31 May 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

C. & P. Limited

Statement of Financial Position

31 May 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		100,504	197,174

Current assets

Debtors	7	22,488	29,392
Cash at bank and in hand		273,523	67,838
		---------	--------
		296,011	97,230

Creditors: amounts falling due within one year	8	121,535		142,906
		---------		---------
Net current assets/(liabilities)			174,476	( 45,676)
			---------	---------
Total assets less current liabilities			274,980	151,498

Creditors: amounts falling due after more than one year	9		9,245	23,866

Provisions

Taxation including deferred tax	17	17
	---------	---------
Net assets	265,718	127,615
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	265,618	127,515
	---------	---------
Shareholders funds	265,718	127,615
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

C. & P. Limited

Statement of Financial Position (continued)

31 May 2025

These financial statements were approved by the board of directors and authorised for issue on 21 October 2025 , and are signed on behalf of the board by:

Mr K G Post
Director

Company registration number: 00980328

C. & P. Limited

Notes to the Financial Statements

Year ended 31 May 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 40 Mickleburgh Hill, Herne Bay, Kent, CT6 6DT.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	5% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Land and buildings	-	2% straight line
Plant and machinery	-	20% straight line
Motor vehicles	-	25% reducing balance
Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less nimpairment. If an arrangement constitutes a finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 30 (2024: 33 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 June 2024 and 31 May 2025	1,600
	-------
Amortisation
At 1 June 2024 and 31 May 2025	1,600
	-------
Carrying amount
At 31 May 2025	–
	-------
At 31 May 2024	–
	-------

6. Tangible assets

	Land and buildings	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 June 2024	334,757	52,457	1,600	6,843	395,657
Additions	40,510	–	–	–	40,510
Disposals	( 196,143)	–	( 1,600)	–	( 197,743)
	---------	--------	-------	-------	---------
At 31 May 2025	179,124	52,457	–	6,843	238,424
	---------	--------	-------	-------	---------
Depreciation
At 1 June 2024	137,672	52,458	1,510	6,843	198,483
Charge for the year	5,616	( 1)	9	–	5,624
Disposals	( 64,668)	–	( 1,519)	–	( 66,187)
	---------	--------	-------	-------	---------
At 31 May 2025	78,620	52,457	–	6,843	137,920
	---------	--------	-------	-------	---------
Carrying amount
At 31 May 2025	100,504	–	–	–	100,504
	---------	--------	-------	-------	---------
At 31 May 2024	197,085	( 1)	90	–	197,174
	---------	--------	-------	-------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	19,872	24,607
Other debtors	2,616	4,785
	--------	--------
	22,488	29,392
	--------	--------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,649	12,830
Trade creditors	8,152	23,539
Social security and other taxes	33,424	19,578
Other creditors	69,310	86,959
	---------	---------
	121,535	142,906
	---------	---------

The bank loans are secured by way of a fixed charge over the property owned by the company.

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	9,245	23,866
	-------	--------

The bank loans are secured by way of a fixed charge over the property owned by the company.

10. Related party transactions

At the year end the company owed the directors £19,578 (2024: £19,578)