ACCOUNTS - Final Accounts

Company Registration Number: 03984033

CFK DEVELOPMENTS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

CFK DEVELOPMENTS LIMITED

REGISTERED NUMBER: 03984033

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Investments	5		2		102
			2		102
Current assets
Debtors: amounts falling due within one year	6	218		18,716
Cash at bank and in hand		17,725		9,662
		17,943		28,378
Creditors: amounts falling due within one year	7	(3,893)		(6,947)
Net current assets			14,050		21,431
Total assets less current liabilities			14,052		21,533

Net assets			14,052		21,533

Capital and reserves
Called up share capital	90	90
Profit and loss account	13,962	21,443
	14,052	21,533

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

P Cable

Director

Date: 6 November 2025

The notes on pages 3 to 7 form part of these financial statements.

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CFK DEVELOPMENTS LIMITED

REGISTERED NUMBER: 03984033

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

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CFK DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

CFK Developments Limited is a private company limited by shares, incorporated in England and Wales under company number 03984033. The address of the registered office is 1 Rudgate Court Rudgate Court, Walton, Wetherby, England, LS23 7BF.
These accounts have been prepared in pound sterling as this is the currency of the primary economic environment in which the Company operates.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

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CFK DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

S/Term Leasehold Property	-	25% straight line
Motor vehicles	-	25% Reducing balance
Office equipment	-	33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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CFK DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

3.	Employees
		2025	2024
		£	£

Wages and salaries	17,000	51,000
Social security costs	1,348	-
Cost of defined contribution scheme	1,203	1,550
	19,551	52,550

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

4.	Tangible fixed assets

	S/Term Leasehold Property	Office Equipment	Total
	£	£	£
Cost or valuation
At 1 April 2024	1,691	19,803	21,494
At 31 March 2025	1,691	19,803	21,494
Depreciation
At 1 April 2024	1,691	19,803	21,494
At 31 March 2025	1,691	19,803	21,494
Net book value
At 31 March 2025	-	-	-
At 31 March 2024	-	-	-

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CFK DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 April 2024	102
	Disposals	(100)
	At 31 March 2025	2

Debtors

					2025	2024
					£	£


Other debtors	218	18,716
	218	18,716

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	2	320
Other taxation and social security	-	409
Other creditors	1,141	3,468
Accruals and deferred income	2,750	2,750
	3,893	6,947

8.	Pension commitments

In the year ended 31 March 2025 there were defined pension contributions of £1,159 (2024: £2,130) made by the company. No balances were outstanding at the year end at the current or previous year end.

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CFK DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

9.	Related party transactions
	The company is controlled by the directors. The company owns 100% of the ordinary share capital in St Roberts Homes Ltd,. St Roberts Homes Limited owns 50% of the ordinary share capital of St Roberts Homes (Westgate) Limited. An intercompany loan of £28,535 (£117,967 2024) due to St Roberts Homes Ltd was written off in 2025.

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