C K L Developments Limited
|
Registered Number
:
03599678
|
For the year ended 31 December 2019
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2019
C K L Developments Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
C K L Developments Limited
Statement of Financial Position
2018
2019
Property
,
plant and equipment
|
127,573
168,080
2
127,573
168,080
518,338
468,184
3
Trade and other receivables
|
277,341
250,948
4
40,894
Cash and cash equivalents
|
134,676
853,808
836,573
Trade and other payables
:
amounts falling due within one year
|
(779,545)
(974,465)
5
57,028
(120,657)
Net current liabilities
Total assets less current liabilities
|
6,916
225,108
Trade and other payables
:
amounts falling due after more than
|
one year
|
(500,000)
(500,000)
6
(493,084)
Net liabilities
(274,892)
118,000
118,000
517,000
517,000
(1,128,084)
(909,892)
(493,084)
(274,892)
Shareholders' funds
For the year ended 31 December 2019 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
C L Keith - Lucas Director
|
These financial statements were approved and authorised for issue by the Board on 08 December 2020 and were signed by:
|
1 of 5
For the year ended 31 December 2019
C K L Developments Limited
Statement of Financial Position Continued
The notes form part of these financial statements
|
2 of 5
For the year ended 31 December 2019
C K L Developments Limited
Notes to the Financial Statements
Statutory Information
C K L Developments Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
03599678
.
|
Woodcote
Marley Lane Business Park
Battle
East Sussex
TN33 0RE
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting
|
Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the Companies Act
2006
.
|
The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain
|
assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Land and buildings
Truck & transporter
Motor vehicles
Plant & machinery
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
3 of 5
For the year ended 31 December 2019
C K L Developments Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
548,323
361,405
34,530
102,824
49,564
880
880
-
-
-
102,824
34,530
362,285
549,203
49,564
Provision for depreciation and impairment
|
380,243
238,157
27,914
75,305
38,867
Charge for year
41,387
24,825
1,323
10,282
4,957
421,630
262,982
29,237
85,587
43,824
5,740
17,237
5,293
99,303
127,573
10,697
27,519
6,616
123,248
168,080
2018
2019
468,184
518,338
4
.
Trade and other receivables
|
2018
2019
196,902
250,724
54,046
26,617
277,341
250,948
5
.
Trade and other payables
:
amounts falling due within one year
|
2018
2019
720,414
507,699
Amounts owed to group undertaking and undertaking in which the company
|
has a participating interest
|
102,849
102,849
Taxation and social security
|
24,870
73,620
126,332
95,377
974,465
779,545
4 of 5
For the year ended 31 December 2019
C K L Developments Limited
Notes to the Financial Statements Continued
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2018
2019
Amounts owed to group undertaking and undertaking in which the company
|
has a participating interest
|
500,000
500,000
7
.
Related party transactions
|
Zapa Consulting AG
,
a company controlled by S Ziegler
|
Administration expenses include rent of £
135
,
100
(
2018
£
133
,
600
)
,
legal
&
professional of £
10
,
281
(
2018
£
14
,
617
)
,
repairs of
|
£nil
(
2018
£
11
,
455
)
,
interest of £
49
,
490
(
2018
£
49
,
460
)
,
PPS £nil
(
2018
£
523
)
and Motor expenses £nil
(
2017
£
3
,
783
)
|
Creditors include £
681
,
791
(
2018
£
602
,
849
)
owed to Zapa Consulting AG
.
|
Turnover includes £
233
,
122
(
2018
£
97
,
259
)
of work done for S Ziegler
,
£
25
,
575
(
2018
£
3
,
848
)
for C L Keith
-
Lucas
,
£
978
|
(
2018
£nil
)
for J Fraser
,
and £
4
,
150
(
2018
£nil
)
for Zapa Consulting AG
.
|
Debtors include £nil
(
2018
£
3
,
059
)
owed by C L Keith
-
Lucas
,
and £
11
,
828
(
2018
£
11
,
850
)
owed by S Ziegler
.
|
8
.
Average number of persons employed
|
During the year the average number of employees was 19 (2018 : 19)
5 of 5