REGISTERED NUMBER: 11310705 (England and Wales)

Unaudited Financial Statements

for the Period 1 May 2024 to 31 December 2024

for

Ciconia Trading Ltd

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Property, plant and equipment

4

3,201

23,540

Investments

5

19,746

19,796

22,947

43,336

CURRENT ASSETS

Inventories

1,547,495

1,306,754

Debtors

6

3,819,071

3,108,908

Cash at bank

16,511

20,400

5,383,077

4,436,062

CREDITORS

Amounts falling due within one year

7

6,267,662

5,272,964

NET CURRENT LIABILITIES

(884,585

)

(836,902

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(861,638

)

(793,566

)

CREDITORS

Amounts falling due after more than one year

8

429,367

262,340

NET LIABILITIES

(1,291,005

)

(1,055,906

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

(1,291,105

)

(1,056,006

)

SHAREHOLDERS' FUNDS

(1,291,005

)

(1,055,906

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 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 31 December 2025 and were signed on its behalf by:

Mr J W A Gutteling - Director

1.	STATUTORY INFORMATION

Ciconia Trading Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

11310705

Registered office:

01 Meadlake Place

Thorpe Lea Road

Egham

Surrey

TW20 8HE

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.

Turnover

Turnover represents the fair value of rent received or receivable from the leasehold properties, 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.

Short leasehold

-

straight line over 3 years

Plant and machinery

-

25% on cost

Stocks

Stock representing properties intended for resale is valued at the lower of cost and estimated selling price less costs to complete and sell. Costs incurred in refurbishing properties to the resale standard are included in the cost of each property.

Taxation

Taxation for the period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Going concern

The company has net liabilities of £1,291,005. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Short

Plant and

leasehold

machinery

Totals

£

£

£

COST

At 1 May 2024

77,612

2,163

79,775

Disposals

(61,412

)

(2,163

)

(63,575

)

At 31 December 2024

16,200

-

16,200

DEPRECIATION

At 1 May 2024

54,612

1,623

56,235

Charge for period

1,600

-

1,600

Eliminated on disposal

(43,213

)

(1,623

)

(44,836

)

At 31 December 2024

12,999

-

12,999

NET BOOK VALUE

At 31 December 2024

3,201

-

3,201

At 30 April 2024

23,000

540

23,540

5.	FIXED ASSET INVESTMENTS

31.12.24

30.4.24

£

£

Other investments not loans

19,746

19,796

Additional information is as follows:

Other

investment

£

COST

At 1 May 2024

19,796

Disposals

(50

)

At 31 December 2024

19,746

NET BOOK VALUE

At 31 December 2024

19,746

At 30 April 2024

19,796

Investments (neither listed nor unlisted) were as follows:

31.12.24

30.4.24

£

£

Other investments

-

134,808

Disposals

-

(134,808

)

-

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

30.4.24

£

£

Other debtors

3,819,071

3,108,908

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

30.4.24

£

£

Trade creditors

9,900

-

Taxation and social security

9,430

188

Other creditors

6,248,332

5,272,776

6,267,662

5,272,964

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

30.4.24

£

£

Bank loans

321,829

185,489

Other creditors

107,538

76,851

429,367

262,340

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

30.4.24

£

£

Bank loans

321,829

185,489

The loan amounting to £133,094 is secured by the way of charge on the property situated at Tanyrawel, Swansea Road, Gorseinon, Swansea, SA4 4LQ (Disclosed as inventories). The charge was created in the name of Together Commercial Finance Limited on 30th June 2022.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

30.4.24

value:

£

£

100

Ordinary

£1

100

100

11.	RELATED PARTY DISCLOSURES

The company was owed £939,687 (30 April 2024: £832,687) from JRR Hotels Ltd, a company registered in the United Kingdom (Company Number: 13375899), in which Mr. Job Wim Alexander Gutteling is also a director and Ciconia Trading Ltd is the sole shareholder as at accounting year end date.

The company was owed £201,319 (30 April 2024: £30,423) from Staying Power Investments Ltd, a company registered in United Kingdom (Company registered number: 13273630), in which Mr. Job Wim Alexander Gutteling is also a director and Ciconia Trading Ltd is the sole shareholder as at accounting year end date.

The company was owed £170,033 including €198,574 (30 April 2024: £165,672 including €187,132) from Alexandra Court Development Ltd, a company registered in United Kingdom (Company registered number: 13075414), in which Mr. Job Wim Alexander Gutteling is also a director and Ciconia Trading Ltd is a 12% shareholder as at accounting year end date.

The company was owed £621,258 (30 April 2024: £610,884) from Red October Sun Ltd, a company registered in United Kingdom (Company registered number: 12500149), in which Ciconia Trading Ltd is a 24% shareholder as at accounting year end date.

The company was owed £230,182 (30 April 2024: £122,740) from Squaret Properties Ltd, a company registered in United Kingdom (Company registered number: 14161029), in which Mr. Job Wim Alexander Gutteling is also a director and Ciconia Trading Ltd is a 50% shareholder as at accounting year end date.

The company was owed £440,064 (30 April 2024: £433,516) from Beach Ave Development Ltd, a company registered in United Kingdom (Company registered number: 14047333), in which Mr. Job Wim Alexander Gutteling is also a director as at accounting year end date.

The company was owed £466,929 (30 April 2024: £467,280) from Ciconia Properties Limited, a company registered in United Kingdom (Company registered number: 11485019). Mr Job Wim Alexander Gutteling and Mrs Melanie Gutteling-Van Der Heijden are also directors of this company as at accounting year end date.

The company owes £552,080 (30 April 2024: £752,641) to its directors as at balance sheet date.

The company owes £436,509 (30 April 2024: £348,238) from Gorsedd Development Ltd, a company registered in United Kingdom (Company registered number: 12912804), in which Mr. Job Wim Alexander Gutteling and Mrs Melanie Gutteling-Van Der Heijden are also directors and Ciconia Trading Ltd is the sole shareholder as at accounting year end date.

The company owes £175,342 (30 April 2024: £133,407) from Ciconia Projects Ltd, a company registered in United Kingdom (Company registered number: 14642008), Mr Job Wim Alexander Gutteling and Mrs Melanie Gutteling-Van Der Heijden are also directors of this company as at accounting year end date.

The company owes £9,768 (30 April 2024: £3,768) from Black Stork Investments LLP, a LLP registered in United Kingdom ( registered number: OC436659). Ciconia Trading Ltd is Designated Member of this company as at accounting year end date.

The company owes £177,612 (30 April 2024: £212,812) from Riverside Living Investments Ltd, a company registered in United Kingdom (Company registered number: 14087439), in which Mr. Job Wim Alexander Gutteling is also a director and Ciconia Trading Ltd is a 50% shareholder as at accounting year end date.

The company was owed £21,290 (30 April 2024: £8,590) from Sundarbans Properties Ltd, a company registered in United Kingdom (Company registered number: 13979835), in which Mr. Job Wim Alexander Gutteling is also a director of this company as at accounting year end date.

The company owes £655,690 (30 April 2024: £469,272) from Right Track Property Investment Ltd, a company registered in United Kingdom (Company registered number: 13259828). Mr Job Wim Alexander Gutteling is also a director of this company as at accounting year end date.

The company owes £819,131 (30 April 2024: £405,196) from Orange Court Development Ltd, a company registered in United Kingdom (Company registered number: 15465281). Mr Job Wim Alexander Gutteling is also a director of this company as at accounting year end date.

The company owes £69,646 (30 April 2024: £69,646) from Treherbert Development Ltd, a company registered in United Kingdom (Company registered number: 15332750), Mr Job Wim Alexander Gutteling and Mrs Melanie Gutteling-Van Der Heijden are also directors of this company as at accounting year end date.

The company owes £67,000 from Hardwick Court Fishburn Ltd, a company registered in United Kingdom (Company registered number: 16062603), Mr Job Wim Alexander Gutteling and Mrs Melanie Gutteling-Van Der Heijden are also directors of this company as at accounting year end date.

The company owes £659,433 from The New Ambassador Ltd, a company registered in United Kingdom (Company registered number: 15886567), Mr Job Wim Alexander Gutteling is also director of this company as at accounting year end date.

The company owes £21,350 from Boston Buildings Cardiff Ltd, a company registered in United Kingdom (Company registered number: 16080031), Mr Job Wim Alexander Gutteling is also director of this company as at accounting year end date.

The company was owed £33,364 (30 April 2024: £976) from Ciconia Group Holding Ltd, a company registered in the United Kingdom (Company Number: 14624315), in which Mr Job Wim Alexander Gutteling and Mrs Melanie Gutteling-Van Der Heijden are also directors of this company as at accounting year end date.