C-N-G Property Developments Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10442474

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,709		-

			1,709		-
CURRENT ASSETS
Debtors	5	100,366		122,538
Cash at bank and in hand		7,614		601

		107,980		123,139
Creditors: Amounts Falling Due Within One Year	6	(12,834 )		(11,485 )

NET CURRENT ASSETS (LIABILITIES)			95,146		111,654

TOTAL ASSETS LESS CURRENT LIABILITIES			96,855		111,654

Creditors: Amounts Falling Due After More Than One Year	7		(2,005 )		(11,623 )

NET ASSETS			94,850		100,031

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			94,848		100,029

SHAREHOLDERS' FUNDS			94,850		100,031

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C-N-G Property Developments Limited

Balance Sheet (continued)

As At 31 March 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr C Grundy

Director

13 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

C-N-G Property Developments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10442474 . The registered office is Unit 4 The Green, Hawks Green Lane, Cannock, WS11 7LG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

At the time of approving the financial statements the directors have a reasonable expectation that the

company has adequate resources to continue in operational existence for the foreseeable future.

The directors continue to adopt the going concern basis of accounting in preparing financial statements.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% on cost
Fixtures & Fittings	25% on cost
Computer Equipment	33% on cost

2.4. Financial Instruments

The company only enters in to basic financial intrument transactions that result in the recognition of financial

aseets and liabilites like trade debtors and creditors, loans from banks and other third parties and loans to

related parties.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	1,005	259	2,192	3,456
Additions	-	-	1,794	1,794

As at 31 March 2025	1,005	259	3,986	5,250

...CONTINUED

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C-N-G Property Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Depreciation
As at 1 April 2024	1,005	259	2,192	3,456
Provided during the period	-	-	85	85

As at 31 March 2025	1,005	259	2,277	3,541

Net Book Value
As at 31 March 2025	-	-	1,709	1,709

As at 1 April 2024	-	-	-	-

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	99,626	120,698
Other taxes and social security	-	1,840
Directors' loan accounts	740	-

	100,366	122,538

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	(1 )	43
Bank loans and overdrafts	12,031	9,963
VAT	4	167
Other creditors	450	-
Accruals and deferred income	350	350
Directors' loan accounts	-	962

	12,834	11,485

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	2,005	11,623

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
2 Ordinary Shares of £ 1.00 each	2	2

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C-N-G Property Developments Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

9. Related Party Transactions

A company in which Mr Cook and Mr Grundy are also directors.

At the balance sheet date there was an outstanding loan due from C-N-G Electrical Limited of £93,157.96. This loan is interest free and repayable upon demand.

10. Ultimate Controlling Party

The company is controlled by Mr Cook and Mr Grundy, directors, by virtue of owning 100% of the ordinary issued share capital.

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