Company registration number 05970695 (England and Wales)
CNC PRECISION ENGINEERING SERVICES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
PAGES FOR FILING WITH REGISTRAR
CNC PRECISION ENGINEERING SERVICES LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CNC PRECISION ENGINEERING SERVICES LTD
BALANCE SHEET
AS AT
31 MARCH 2022
31 March 2022
- 1 -
2022
2021
Notes
£
£
£
£
Fixed assets
Intangible assets
3
200
200
Current assets
Debtors
4
950,647
649,894
Cash at bank and in hand
50
50
950,697
649,944
Creditors: amounts falling due within one year
5
(950,847)
(650,094)
Net current liabilities
(150)
(150)
Net assets
50
50
Capital and reserves
-
-
Called up share capital
50
50
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
T
he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 28 November 2022
Mr EI Clapham
Director
Company Registration No. 05970695
CNC PRECISION ENGINEERING SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
- 2 -
1
Accounting policies
Company information
CNC Precision Engineering Services Ltd is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
Unit 8S, Chalk Lane, Snetterton, Norfolk, England, NR16 2JZ.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2022
2021
Number
Number
Total
1
1
3
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2021 and 31 March 2022
200
Amortisation and impairment
At 1 April 2021 and 31 March 2022
Carrying amount
At 31 March 2022
200
At 31 March 2021
200
4
Debtors
2022
2021
Amounts falling due within one year:
£
£
Other debtors
950,647
649,894
CNC PRECISION ENGINEERING SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
- 3 -
5
Creditors: amounts falling due within one year
2022
2021
£
£
Trade creditors
94
Other creditors
950,753
650,094
950,847
650,094