REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 April 2022 |
for |
Ciconia Trading Ltd |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 April 2022 |
for |
Ciconia Trading Ltd |
Ciconia Trading Ltd (Registered number: 11310705) |
Contents of the Financial Statements |
for the Year Ended 30 April 2022 |
Page |
Statement of Financial Position | 1 |
Notes to the Financial Statements | 3 |
Ciconia Trading Ltd (Registered number: 11310705) |
Statement of Financial Position |
30 April 2022 |
30.4.22 | 30.4.21 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Property, plant and equipment | 4 |
Investments | 5 |
CURRENT ASSETS |
Inventories |
Debtors | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
8 |
NET (LIABILITIES)/ASSETS | ( |
) |
Ciconia Trading Ltd (Registered number: 11310705) |
Statement of Financial Position - continued |
30 April 2022 |
30.4.22 | 30.4.21 |
Notes | £ | £ | £ | £ |
CAPITAL AND RESERVES |
Called up share capital | 9 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
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. |
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 |
Ciconia Trading Ltd (Registered number: 11310705) |
Notes to the Financial Statements |
for the Year Ended 30 April 2022 |
1. | STATUTORY INFORMATION |
Ciconia Trading Ltd is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Land and buildings | - |
Plant and machinery etc | - |
Stocks |
Stock representing properties intended for resale is valued at the lower of cost and estimated selling price less costs to complete and sell. Costs incurred in refurbishing properties to the resale standard are included in the cost of each property. |
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 statement of financial position date. |
Ciconia Trading Ltd (Registered number: 11310705) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2022 |
2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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. |
Going concern |
The company has net liabilities of £247,161. The accounts have been prepared on going concern basis as the directors have confirmed that they will continue to provide financial support to the company for the foreseeable future. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | PROPERTY, PLANT AND EQUIPMENT |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
Additions |
At 30 April 2022 |
DEPRECIATION |
Charge for year |
At 30 April 2022 |
NET BOOK VALUE |
At 30 April 2022 |
Ciconia Trading Ltd (Registered number: 11310705) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2022 |
5. | FIXED ASSET INVESTMENTS |
Other |
investments |
£ |
COST |
Additions |
At 30 April 2022 |
NET BOOK VALUE |
At 30 April 2022 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.22 | 30.4.21 |
£ | £ |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.22 | 30.4.21 |
£ | £ |
Taxation and social security |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30.4.22 | 30.4.21 |
£ | £ |
Other creditors |
9. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.4.22 | 30.4.21 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
Ciconia Trading Ltd (Registered number: 11310705) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2022 |
10. | RELATED PARTY DISCLOSURES |
The company owes £333,879 to its director, Mr Job Wim Alexander Gutteling who is also a 50% shareholder of the company as at accounting year end date. |
The company owes £41,378 as at accounting year end date from Ciconia Properties Limited, a company registered in United Kingdom (Company registered number: 11485019). Mr Job Wim Alexander Gutteling and Mrs Melanie Gutteling-Van Der Heijden are also directors and shareholders of this company holding 50% each in this company. |
The company owes £220,645 as at accounting year end date from Gorsedd Development Ltd, a company registered in United Kingdom (Company registered number: 12912804). Ciconia Trading Ltd is a sole shareholder of this company. |
The company was owed £7,903 as at accounting year end date from Staying Power Investments Ltd, a company registered in United Kingdom (Company registered number:13273630). Ciconia Trading Ltd is a 25% shareholder of this company. |
The company was owed £144,337 as at accounting year end date from Alexandra Court Development Ltd, a company registered in United Kingdom (Company registered number:13075414). Ciconia Trading Ltd is a 12% shareholder of this company. |
The company was owed £589,671 as at accounting year end date from Red October Sun Ltd, a company registered in United Kingdom (Company registered number:12500149). Ciconia Trading Ltd is a 24% shareholder of this company. |