C S Homes Ltd

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 5

C S Homes Ltd

(Registration number: 10673719)
Statement of Financial Position as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Investment property	4	85,000	85,000
Current assets
Debtors	5	-	80,775
Creditors: Amounts falling due within one year	6	(18,093)	(96,995)
Net current liabilities		(18,093)	(16,220)
Total assets less current liabilities		66,907	68,780
Creditors: Amounts falling due after more than one year	6	(64,891)	(65,848)
Net assets		2,016	2,932
Capital and reserves
Called up share capital		100	100
Profit and loss account		1,916	2,832
Shareholders' funds		2,016	2,932

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

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 27 April 2026 and signed on its behalf by:
 

Mr O P Stapleton Director

C S Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
3 Portobello Close Station Road
Stannington
Northumberland
NE61 6DX

Principal activity

The principal activity of the company is investment properties

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

C S Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

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.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

C S Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

4	Investment properties

	2025 £
At 1 September	85,000
At 31 August	85,000

The directors have valued the property at £85,000.

5

Debtors

	2025 £	2024 £
Other debtors	-	80,775
	-	80,775

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	2,288	11,112
Trade creditors		1,088	2,275
Taxation and social security		-	631
Other creditors		14,717	82,977
		18,093	96,995

The bounce back loan is secured by a government guarantee. The bank loan is also secured.

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	64,891	65,848

7

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.Included in the amount are undistributable reserves of £20,170.

C S Homes Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	7,438	8,957
Other borrowings	57,453	56,891
	64,891	65,848

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	2,288	11,112

9	Related party transactions

Transactions with directors

2025	At 1 September 2024 £	Advances to director £	At 31 August 2025 £
Directors	(82,977)	68,260	(14,717)

2024	At 1 September 2023 £	Advances to director £	Repayments by director £	At 31 August 2024 £
Directors	(93,093)	-	10,116	(82,977)