C.S.PROPERTIES (NORTHERN) LIMITED Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 950746

C.S.PROPERTIES (NORTHERN) LIMITED

Filleted Unaudited Financial Statements

31 March 2025

C.S.PROPERTIES (NORTHERN) LIMITED

Financial Statements

Year ended 31st March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

C.S.PROPERTIES (NORTHERN) LIMITED

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		2,098,796	1,908,046

Current assets

Debtors	5	592	5,821
Cash at bank and in hand		33,370	37,245
		--------	--------
		33,962	43,066

Creditors: amounts falling due within one year	6	44,360		75,933
		--------		--------
Net current liabilities			10,398	32,867
			------------	------------
Total assets less current liabilities			2,088,398	1,875,179

Creditors: amounts falling due after more than one year	7		1,784,642	1,568,830

Provisions

Taxation including deferred tax	62,894	58,775
	------------	------------
Net assets	240,862	247,574
	------------	------------

Capital and reserves

Called up share capital	73,489	73,499
Share premium account	33,210	33,210
Profit and loss account	134,163	140,865
	---------	---------
Shareholders funds	240,862	247,574
	---------	---------

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 31st March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

C.S.PROPERTIES (NORTHERN) LIMITED

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 31 October 2025 , and are signed on behalf of the board by:

S.G. Cunniffe
Director

Company registration number: 950746

C.S.PROPERTIES (NORTHERN) LIMITED

Notes to the Financial Statements

Year ended 31st March 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 Abbeyway South, Vista Road, Haydock, St. Helens, WA11 0RW.

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.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items 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.

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.

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. No depreciation has been charged on land and buildings in the current year as it is considered that the residual value is not less than it's carrying value.

Land and buildings	-	No depreciation charged in year
Plant and machinery	-	10% reducing balance

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.

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.

4. Tangible assets

	Land and buildings	Plant and machinery	Total
	£	£	£
Cost
At 1st April 2024	1,993,837	226,775	2,220,612
Additions	174,286	19,094	193,380
	------------	---------	------------
At 31st March 2025	2,168,123	245,869	2,413,992
	------------	---------	------------
Depreciation
At 1st April 2024	92,987	219,579	312,566
Charge for the year	–	2,630	2,630
	------------	---------	------------
At 31st March 2025	92,987	222,209	315,196
	------------	---------	------------
Carrying amount
At 31st March 2025	2,075,136	23,660	2,098,796
	------------	---------	------------
At 31st March 2024	1,900,850	7,196	1,908,046
	------------	---------	------------

Included within the above is investment property as follows:

	£
At 1st April 2024	1,900,850
Additions	174,286
	------------
At 31st March 2025	2,075,136
	------------

The directors have valued the properties based on local market conditions. They consider the value shown in the accounts to accurately reflect a fair market value at 31 March 2025.

5. Debtors

	2025	2024
	£	£
Other debtors	592	5,821
	----	-------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	–	8,851
Social security and other taxes	42,800	45,592
Other creditors	1,560	21,490
	--------	--------
	44,360	75,933
	--------	--------

National Westminster Bank PLC holds a charge over the assets of the company for all monies owed by the company.

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	1,784,642	1,568,830
	------------	------------

National Westminster Bank PLC holds a charge over the assets of the company for all monies owed by the company.

8. Related party transactions

At 31 March 2025 the company owed £1,784,642 (2024: £1,568,830) to companies related by common ownership and control.

9. Controlling party

The company was under the control of S.G.Cunniffe throughout the current and previous year. S.G.Cunniffe is the managing director and majority shareholder.