Celtek Electronics Limited |
Registered Number:02412103 |
For the year ended 31 August 2022
England and Wales
Unaudited Financial Statements
For the year ended 31 August 2022
Celtek Electronics Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Celtek Electronics Limited
Statement of Financial Position
2021
2022
Property, plant and equipment |
446
751
446
751
2,750
2,750
2
Trade and other receivables |
8,307
1,741
3
10,024
Cash and cash equivalents |
5,174
9,665
21,081
Trade and other payables: amounts falling due within one |
year |
(37,221)
(36,002)
4
(16,140)
(26,337)
Net current liabilities
Total assets less current liabilities |
(25,891)
(15,389)
(25,891)
Net liabilities
(15,389)
2,200
2,200
(28,091)
(17,589)
(25,891)
(15,389)
Shareholders' funds
For the year ended 31 August 2022 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 August 2022 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. |
These financial statements were approved and authorised for issue by the Board on 16 January 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 August 2022
Celtek Electronics Limited
Notes to the Financial Statements
Statutory Information
Celtek Electronics Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 02412103. |
10 Sidmouth Grove
Cheadle Hulme
Cheshire
SK8 6JQ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A small |
entities. There were no material departures form that standard. |
The principal accounting policies adopted in the preparation of these accounts are set out below and have |
remained unchanged from the previous year and have also been consistantly applied within the same accounts. |
The basis of preparation of these accounts has been under the historical cost convention and assume the |
continuing financial support of the director of the company. |
Revenue recognition
Income represents the invoiced value of work done and services carried out by the company, excluding value added tax. |
Goodwill
Goodwill has been written off on a straight line basis over five years.
Property, plant and equipment
Property plant and equipment are stated at cost less depreciation.Depreciation is provided at rates appropriate to write off the cost of the assets on a straight line basis over their estimated useful lives on the following basis:Plant and fixtures 25% per annum |
Deferred tax
Deferred taxation is provided on the lability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.Tax deferred or accelerated is accounted for in respect of all material differences. |
2021
2022
2,750
2,750
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For the year ended 31 August 2022
Celtek Electronics Limited
Notes to the Financial Statements Continued
3. Trade and other receivables |
2021
2022
934
8,307
807
-
8,307
1,741
4. Trade and other payables: amounts falling due within one year |
2021
2022
101
-
Taxation and social security |
269
2,284
35,632
34,937
36,002
37,221
5. Average number of persons employed |
During the year the average number of employees was 2 (2021 : 2)
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