CNS PROPERTY LTD


Directors	HOWELLS, Rachael Elizabeth
	HOWELLS, Robert


Registered Address	39 St. Lesmo Road
	Stockport
	SK3 0TX


Registered Number	12008637 (England and Wales)

Balance Sheet as at
31 May 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	4		190,094		190,126
			190,094		190,126
Current assets
Debtors		155		135
Cash at bank and on hand		24,751		29,560
		24,906		29,695
Creditors amounts falling due within one year	5	(7,861)		(7,844)
Net current assets (liabilities)			17,045		21,851
Total assets less current liabilities			207,139		211,977
Creditors amounts falling due after one year	6		(157,069)		(162,587)
Provisions for liabilities	7		(12,141)		(12,435)
Net assets			37,929		36,955
Capital and reserves
Called up share capital			100		100
Profit and loss account			37,829		36,855
Shareholders' funds			37,929		36,955

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 14 January 2026, and are signed on its behalf by:

HOWELLS, Robert
Director
Registered Company No. 12008637

CNS PROPERTY LTD

Notes to the Financial Statements
for the year ended 31 May 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from rentals is recognised for the period applicable.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation except for land and buildings. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	25

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. The investment property was revalued in the year to May 2022 by a third party with a fair value of £190,000 from £130,138. The uplift was recognised as a fair value gain to the profit and loss account. The value is deemed to remain fair value by the director.

Investment property

The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. The investment property was revalued in the year to May 2022 by a third party with a fair value of £190,000 from £130,138. The uplift was recognised as a fair value gain to the profit and loss account. The value is deemed to remain fair value by the director.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Deferred tax
	Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.

4.	Tangible fixed assets

	Land & buildings	Plant & machinery	Total
	£	£	£
Cost or valuation
At 01 June 24	190,000	349	190,349
At 31 May 25	190,000	349	190,349
Depreciation and impairment
At 01 June 24	-	223	223
Charge for year	-	32	32
At 31 May 25	-	255	255
Net book value
At 31 May 25	190,000	94	190,094
At 31 May 24	190,000	126	190,126

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	135	117
Bank borrowings and overdrafts	7,007	7,007
Accrued liabilities and deferred income	719	720
Total	7,861	7,844


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Trade creditors / trade payables	18,818	24,336
Bank borrowings and overdrafts	138,251	138,251
Total	157,069	162,587

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	12,141	12,435
Total	12,141	12,435

8.	Other commitments
	The company has loans repayable for the property which are included within the bank borrowings note. The loans are on an interest only basis and the amount due within the 12 months shows the payments expected to be made for liability purposes.

9.	Further information regarding the company's financial position
	Charges are registered at companies house with references: Charge code 1200 8637 0002 and Charge code 1200 8637 0001. A further Charge Code was applied post year end with reference 1200 8637 0003.