Company Registration No. 06317851 (England and Wales)
CVS Energy Limited
Unaudited accounts
for the year ended 31 March 2022
CVS Energy Limited
Statement of financial position
as at
31 March 2022
Tangible assets
70,234
105,670
Inventories
533,240
527,033
Debtors
246,266
(253,072)
Cash at bank and in hand
1,626,834
1,948,708
Creditors: amounts falling due within one year
(301,584)
20,286
Net current assets
2,104,756
2,242,955
Net assets
2,174,990
2,348,625
Called up share capital
1
1
Profit and loss account
2,174,989
2,348,624
Shareholders' funds
2,174,990
2,348,625
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 February 2023 and were signed on its behalf by
Johathan L Greenall
Director
Company Registration No. 06317851
CVS Energy Limited
Notes to the Accounts
for the year ended 31 March 2022
CVS Energy Limited is a private company, limited by shares, registered in England and Wales, registration number 06317851. The registered office is MORE WORKS, MORE, BISHOPS CASTLE, SHROPSHIRE, SY9 5HH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
10% reducing balance
4
Tangible fixed assets
Total
Charge for the year
34,475
5
Average number of employees
During the year the average number of employees was 12 (2021: 12).