CKRE Property Services Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 00902814 (England and Wales)

Unaudited Financial Statements

for the Period 1 November 2022 to 11 September 2023

for

CKRE Property Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Kitirou

REGISTERED OFFICE:

Unit 3 Cedar Court

1 Royal Oak Yard

London

SE1 3GA

REGISTERED NUMBER:

00902814 (England and Wales)

ACCOUNTANTS:

ElanTax.com

Unit 3 Cedar Court

1 Royal Oak Yard

London

SE1 3GA

FIXED ASSETS

Tangible assets

4

977

1,501

Investment property

5

-

2,000,000

977

2,001,501

CURRENT ASSETS

Debtors

6

2,107,558

35,146

Cash at bank

30,537

39,113

2,138,095

74,259

CREDITORS

Amounts falling due within one year

7

348,765

45,971

NET CURRENT ASSETS

1,789,330

28,288

TOTAL ASSETS LESS CURRENT LIABILITIES

1,790,307

2,029,789

PROVISIONS FOR LIABILITIES

-

186,124

NET ASSETS

1,790,307

1,843,665

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

1,790,157

1,843,515

SHAREHOLDERS' FUNDS

1,790,307

1,843,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 11 September 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 11 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 18 March 2024 and were signed by:

C Kitirou - Director

1.	STATUTORY INFORMATION

CKRE Property Services 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2022

and 11 September 2023

2,518

DEPRECIATION

At 1 November 2022

1,017

Charge for period

524

At 11 September 2023

1,541

NET BOOK VALUE

At 11 September 2023

977

At 31 October 2022

1,501

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2022

2,000,000

Disposals

(2,000,000

)

At 11 September 2023

-

NET BOOK VALUE

At 11 September 2023

-

At 31 October 2022

2,000,000

Fair value at 11 September 2023 is represented by:

£

Valuation in 2017

1,700,000

Valuation in 2020

(350,000

)

Valuation in 2022

650,000

2,000,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

11.9.23

31.10.22

£

£

Trade debtors

2,072,658

-

Other debtors

34,900

34,900

Prepayments

-

246

2,107,558

35,146

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

11.9.23

31.10.22

£

£

Tax

335,199

25,148

Social security and other taxes

685

441

Other creditors

10,812

10,810

Masterone credit card

(332

)

453

Directors' current accounts

1

2

Deferred income

-

7,917

Accrued expenses

2,400

1,200

348,765

45,971