Registration number:
C22 Limited
for the
Year Ended 30 September 2022
C22 Limited
Balance Sheet
as at 30 September 2022
Note |
2022 |
2021 |
|
Fixed assets |
|||
Tangible assets |
|
|
|
Current assets |
|||
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: Amounts falling due within one year |
( |
( |
|
Net current assets |
|
|
|
Total assets less current liabilities |
|
|
|
Creditors: Amounts falling due after more than one year |
( |
( |
|
Provisions for liabilities |
( |
- |
|
Net assets |
|
|
|
Capital and reserves |
|||
Allotted, called up and fully paid share capital |
|
|
|
Share premium reserve |
|
|
|
Capital redemption reserve |
|
|
|
Profit and loss account |
|
|
|
Shareholders' funds |
|
|
Registration number: 02383502
C22 Limited
Balance Sheet
as at 30 September 2022 (continued)
For the financial year ending 30 September 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
......................................... |
C22 Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 30 September 2022
General information |
The company is a private company limited by shares incorporated in England within the United Kingdom.
The company's registration number is 02383502.
The address of its registered office is:
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.
Tax
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
C22 Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 30 September 2022
(continued)
2 |
Accounting policies (continued) |
Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Tangible assets
Tangible assets are stated in the balance sheet at cost (or deemed cost), less any accumulated depreciation and accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
Plant and machinery |
15% per annum on a straight line basis |
Computer equipment & software |
20% per annum on a straight line basis |
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
C22 Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 30 September 2022
(continued)
Tangible assets |
Computer equipment & software |
Plant and machinery |
Total |
|
Cost |
|||
At 1 October 2021 |
|
|
|
At 30 September 2022 |
|
|
|
Depreciation |
|||
At 1 October 2021 |
|
|
|
Charge for the year |
|
- |
|
At 30 September 2022 |
|
|
|
Net book value |
|||
At 30 September 2022 |
|
- |
|
At 30 September 2021 |
|
- |
|
Debtors |
Current |
2022 |
2021 |
Trade debtors |
|
|
Prepayments |
|
|
Other debtors |
|
|
|
|
C22 Limited
Notes to the Unaudited Financial Statements
for the
Year Ended 30 September 2022
(continued)
Creditors |
2022 |
2021 |
|
Due within one year |
||
Bank borrowings |
|
|
Trade creditors |
- |
|
Taxation and social security |
|
|
Accruals and deferred income |
|
|
|
|
|
Due after one year |
||
Bank borrowings |
|
|
Financial commitments, guarantees and contingencies |
Amounts not provided for in the balance sheet
The total amount of financial commitments not included in the balance sheet is £