C & C Futures Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12497544

C & C Futures Limited

Unaudited financial statements

31 December 2025

C & C Futures Limited

Statement of financial position

31 December 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	6,820,958	6,291,579
Investments	6	100	100
		-----------	-----------
		6,821,058	6,291,679

Current assets

Debtors	7	2,410,474	2,336,138
Cash at bank and in hand		171,143	211,915
		-----------	-----------
		2,581,617	2,548,053

Creditors: Amounts falling due within one year	8	( 4,763,545)		( 4,626,994)
		-----------		-----------
Net current liabilities			( 2,181,928)		( 2,078,941)
			-----------		-----------
Total assets less current liabilities			4,639,130		4,212,738

Creditors: Amounts falling due after more than one year	9		( 151,987)		( 151,987)

Provisions

Taxation including deferred tax		( 26,063)		–

Accruals and deferred income	( 51,591)	( 27,498)
	-----------	-----------
Net assets	4,409,489	4,033,253
	-----------	-----------

Capital and reserves

Called up share capital	4,407,819	4,407,819
Revaluation reserve	404,120	–
Profit and loss account	( 402,450)	( 374,566)
	-----------	-----------
Shareholders funds	4,409,489	4,033,253
	-----------	-----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 December 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

C & C Futures Limited

Statement of financial position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 22 September 2026 , and are signed on behalf of the board by:

Mr C C G Riddle

Director

Company registration number: 12497544

C & C Futures Limited

Notes to the financial statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Woolfox Golf & Country Club, Great North Road, Stamford, Rutland, PE9 4AQ, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Going concern

The financial statements have been prepared on the going concern basis as the directors believe that adequate resources are available to enable the company to meet its liabilities as they fall through the support of the directors.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Income tax

The taxation expense represents the aggregate amount of current tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to item recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Operating leases

Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	20% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of employees during the year was 3 (2024: 3 ).

5. Tangible assets

	Freehold investment property	Fixtures and fittings	Total
	£	£	£
Cost or valuation
At 1 January 2025	6,196,888	102,163	6,299,051
Additions	9,739	1,342	11,081
Revaluations	538,827	–	538,827
	-----------	---------	-----------
At 31 December 2025	6,745,454	103,505	6,848,959
	-----------	---------	-----------
Depreciation
At 1 January 2025	–	7,472	7,472
Charge for the year	–	20,529	20,529
	-----------	---------	-----------
At 31 December 2025	–	28,001	28,001
	-----------	---------	-----------
Carrying amount
At 31 December 2025	6,745,454	75,504	6,820,958
	-----------	---------	-----------
At 31 December 2024	6,196,888	94,691	6,291,579
	-----------	---------	-----------

At the year end the investment property has been revalued by the directors to its current market value .

6. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2025 and 31 December 2025	100
	----
Impairment
At 1 January 2025 and 31 December 2025	–
	----

Carrying amount
At 31 December 2025	100
	----
At 31 December 2024	100
	----

7. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings	2,047,209	2,280,672
Other debtors	363,265	55,466
	-----------	-----------
	2,410,474	2,336,138
	-----------	-----------

8. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Trade creditors	14,832	2,226
Social security and other taxes	–	4,791
Other creditors	4,748,713	4,619,977
	-----------	-----------
	4,763,545	4,626,994
	-----------	-----------

9. Creditors: Amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	151,987	151,987
	---------	---------

10. Preference shares

The directors have considered the nature and rights of the preference shares issued and it is their judgement that they have both an equity and liability component as the holders do not have the right for redemption, and the dividend rate of 0.5% is considered to be below market rate for a loan. Consequently, the proceeds of issue have been split between an equity and liability element by first calculating the liability element on a net present value of future cash flows basis, discounted at a market interest rate for a similar liability that does not have the associated equity component, with the residual proceeds allocated as equity.

11. Share capital

The company has issued 4,559,606 £1 Preference shares at par which contain both equity and liability components. The liability element on issue was calculated to be £151,987 and is shown as an amount falling due in greater than one year within note 9. The balance of £4,407,619 is treated as equity.