CKB Accommodation Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08203464 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2019

for

CKB Accommodation Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms C Kimmel

Mrs K Butcher

SECRETARY:

Mrs K Butcher

REGISTERED OFFICE:

100 Barnsbury Road

London

N1 0ES

REGISTERED NUMBER:

08203464 (England and Wales)

ACCOUNTANTS:

Blackwood Futcher & Co.

Chartered Accountants

9 St George's Yard

Farnham

Surrey

GU9 7LW

FIXED ASSETS

Tangible assets

4

994

294

Investment property

5

382,500

425,000

383,494

425,294

CURRENT ASSETS

Debtors

6

150

Cash at bank

43,815

42,755

43,965

42,905

CREDITORS

Amounts falling due within one year

7

300,259

300,105

NET CURRENT LIABILITIES

(256,294

)

(257,200

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

127,200

168,094

PROVISIONS FOR LIABILITIES

10,638

18,580

NET ASSETS

116,562

149,514

CAPITAL AND RESERVES

Called up share capital

3

Other reserves

91,901

134,401

Retained earnings

24,658

15,110

116,562

149,514

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2019 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 18 June 2020
and were signed on its behalf by:

Ms C Kimmel - Director

1.	STATUTORY INFORMATION

CKB Accommodation 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

25% on cost

Tangible fixed assets are carried at cost less accumulated depreciation and accumulated impairment

losses.

On disposal, the difference between the net disposal proceeds and the carrying amount of the item

sold is recognised in profit or loss.

Investment property

Investment properties are properties held to earn rentals and/or for capital appreciation. Investment

propertiesare initially measured at cost, including transaction costs. Subsequently investment

properties whose fair valuecan be measured reliably without undue cost or effort on an on-going basis

are measured at fair value. Gains andlosses arising from changes in the fair value of investment

properties are included in profit or loss in the periodin which they arise.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that

are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is

probable that they will be recovered against the reversal of deferred tax liabilities or other future

taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

Impairment of non-financial assets

At each reporting date non-financial assets not carried at fair value, like goodwill and plant, property

and equipment, are reviewed to determine whether there is an indication that an asset may be

impaired. If there is an indication of possible impairment, the recoverable amount of any asset or

group of related assets, which is the higher of value in use and the fair value less cost to sell, is

estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying

amount of the asset is reduced to its recoverable amount and an impairment loss is recognised

immediately in profit or loss.

If an impairment loss is subsequently reversed, the carrying amount of the asset or group of related

assets is increased to the revised estimate of its recoverable amount, but not to exceed the amount

that would have been determined had no impairment loss been recognised for the asset or group of

related assets in prior periods. A reversal of an impairment loss is recognised immediately in profit or

loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2018 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2018

929

Additions

1,325

At 30 September 2019

2,254

DEPRECIATION

At 1 October 2018

635

Charge for year

625

At 30 September 2019

1,260

NET BOOK VALUE

At 30 September 2019

994

At 30 September 2018

294

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2018

425,000

Revaluations

(42,500

)

At 30 September 2019

382,500

NET BOOK VALUE

At 30 September 2019

382,500

At 30 September 2018

425,000

Fair value at 30 September 2019 is represented by:

£

Valuation in 2019

(42,500

)

Valuation in 2018

(75,000

)

Valuation in 2017

50,000

Valuation in 2015

159,401

Cost

290,599

382,500

Investment property was valued on an open market basis on 30 September 2019 by Catherine Kimmel

.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.19

30.9.18

£

Other debtors

150

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.19

30.9.18

£

Taxation and social security

213

503

Other creditors

300,046

299,602

300,259

300,105

8.	RELATED PARTY DISCLOSURES

At the year end, the company owed its director C Kimmel £173,175 and K Butcher £124,967 (2018 -

C Kimmel £172,959 and K Butcher £124,751)

CKB Accommodation Limited - Accounts to registrar (filleted) - small 18.2

CKB Accommodation Limited - Accounts to registrar (filleted) - small 18.2