CKN Storage Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 13450172 (England and Wales)

Unaudited Financial Statements

for the Year Ended

31 March 2026

for

CKN Storage Properties Limited

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTORS:

M S Whitney

M L Sharples

REGISTERED OFFICE:

Charnwood House Harcourt Way

Meridian Business Park

Leicester

LE19 1WP

REGISTERED NUMBER:

13450172 (England and Wales)

ACCOUNTANTS:

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CKN Storage Properties Limited for the year ended 31 March 2026 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of CKN Storage Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CKN Storage Properties Limited and state those matters that we have agreed to state to the Board of Directors of CKN Storage Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CKN Storage Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CKN Storage Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CKN Storage Properties Limited. You consider that CKN Storage Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CKN Storage Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Rowleys Partnership Ltd

Chartered Accountants

Charnwood House

Harcourt Way

Meridian Business Park

Leicester

Leicestershire

LE19 1WP

14 August 2026

FIXED ASSETS

Investment property

4

1,100,000

1,025,000

CURRENT ASSETS

Debtors

5

97,762

15,799

Cash at bank

8,670

6,739

106,432

22,538

CREDITORS

Amounts falling due within one year

6

313,540

305,883

NET CURRENT LIABILITIES

(207,108

)

(283,345

)

TOTAL ASSETS LESS CURRENT LIABILITIES

892,892

741,655

PROVISIONS FOR LIABILITIES

18,750

-

NET ASSETS

874,142

741,655

CAPITAL AND RESERVES

Called up share capital

7

600

Share premium

492,403

Revaluation reserve

8

56,250

-

Retained earnings

324,889

248,652

SHAREHOLDERS' FUNDS

874,142

741,655

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 14 August 2026 and were signed on its behalf by:

M S Whitney - Director

1.	STATUTORY INFORMATION

CKN Storage Properties 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arsing from changes in fair value is recognised in profit and 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 statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

1,025,000

Revaluations

75,000

At 31 March 2026

1,100,000

NET BOOK VALUE

At 31 March 2026

1,100,000

At 31 March 2025

1,025,000

The directors consider in their opinion that the value at 31 March 2026 included within the financial statements for the properties are materially correct.

Fair value at 31 March 2026 is represented by:

£

Valuation in 2026

75,000

Cost

1,025,000

1,100,000

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

31.3.26

31.3.25

£

Cost

1,025,000

-

Investment properties were valued on an open market basis on 29 January 2026 by Edwin Thompson LLP .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

85,060

6,174

Prepayments and accrued income

12,702

9,625

97,762

15,799

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Other loans

23,211

27,881

Trade creditors

360

126

Corporation tax

22,873

21,364

VAT

16,367

8,935

Other creditors

54,786

83,783

Directors' current accounts

109,572

149,572

Accruals and deferred income

86,371

14,222

313,540

305,883

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

600

Ordinary

£1

600

8.

RESERVES

Revaluation

reserve

£

Investment property

56,250

At 31 March 2026

56,250

9.	RELATED PARTY DISCLOSURES

Included within creditors are loans from the shareholders amounting to £164,358 (2025: £224,358). The loans are interest free and repayable on demand.