REGISTERED NUMBER: 12669278 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

C&S LIBERTAS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Chynoweth

Mrs C Chynoweth

SECRETARY:

REGISTERED OFFICE:

Lothing House

7 Quay View Business Park

Barnards Way

Lowestoft

Suffolk

NR32 2HD

REGISTERED NUMBER:

12669278 (England and Wales)

ACCOUNTANTS:

Juler Tooke

Lothing House

Quay View Business Park

Barnards Way

Lowestoft

Suffolk

NR32 2HD

FIXED ASSETS

Investment property

4

677,171

677,171

CURRENT ASSETS

Debtors

5

3,198

-

Cash at bank

42,780

50,135

45,978

50,135

CREDITORS

Amounts falling due within one year

6

(280,438

)

(272,297

)

NET CURRENT LIABILITIES

(234,460

)

(222,162

)

TOTAL ASSETS LESS CURRENT LIABILITIES

442,711

455,009

CREDITORS

Amounts falling due after more than one year

7

(418,502

)

(418,502

)

PROVISIONS FOR LIABILITIES

(13,672

)

(13,672

)

NET ASSETS

10,537

22,835

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

8

58,287

58,287

Retained earnings

(47,850

)

(35,552

)

SHAREHOLDERS' FUNDS

10,537

22,835

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by:

S Chynoweth - Director

1.	STATUTORY INFORMATION

C&S Libertas 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.	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 as modified by the revaluation of certain assets.

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.

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

677,171

NET BOOK VALUE

At 31 March 2025

677,171

At 31 March 2024

677,171

Fair value at 31 March 2025 is represented by:

£

Valuation in 2023

458,421

Valuation in 2024

218,750

677,171

If investment property had not been revalued they would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

629,504

629,504

Investment property was valued on an open market basis on 31 March 2025 by the directors. .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

3,198

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

1,533

-

Other creditors

278,905

272,297

280,438

272,297

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

418,502

418,502

8.

RESERVES

Fair

value

reserve

£

At 1 April 2024

and 31 March 2025

58,287

9.	ULTIMATE CONTROLLING PARTY

The controlling party is S Chynoweth.

The ultimate controlling party is Mrs C Chynoweth.

The company was under the control of the directors Mr & Mrs S Chynoweth as holders of the entire share capital of the company.

The company operates a loan account with the directors and as at the 31 March 2025 the balance was correctly stated at £278,275