Company Registration No. 12534822 (England and Wales)
CG O&G Services Ltd
Unaudited accounts
for the year ended 31 March 2022
CG O&G Services Ltd
Unaudited accounts
Contents
CG O&G Services Ltd
Company Information
for the year ended 31 March 2022
Director
Mr. Carl Michael Garner
Company Number
12534822 (England and Wales)
Registered Office
31 Cambridge Road
London
SW13 0PG
England
Accountants
Together Accounting Limited
17-19 St Georges Street
Norwich
Norfolk
NR3 1AB
CG O&G Services Ltd
Accountants' report
Accountants' report to the director of CG O&G Services Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
CG O&G Services Ltd for the year ended
31 March 2022 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of CG O&G Services Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of CG O&G Services Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CG O&G Services Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that CG O&G Services Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of CG O&G Services Ltd. You consider that CG O&G Services Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of CG O&G Services Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Together Accounting Limited
17-19 St Georges Street
Norwich
Norfolk
NR3 1AB
19 April 2022
CG O&G Services Ltd
Statement of financial position
as at
31 March 2022
Cash at bank and in hand
77,390
53,355
Creditors: amounts falling due within one year
(15,955)
(12,337)
Net current assets
61,528
51,802
Called up share capital
1
1
Profit and loss account
61,877
52,428
Shareholders' funds
61,878
52,429
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.
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 19 April 2022 and were signed on its behalf by
Mr. Carl Michael Garner
Director
Company Registration No. 12534822
CG O&G Services Ltd
Notes to the Accounts
for the year ended 31 March 2022
CG O&G Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12534822. The registered office is 31 Cambridge Road, London, SW13 0PG, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
33% - Reducing Balance Method
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
CG O&G Services Ltd
Notes to the Accounts
for the year ended 31 March 2022
4
Tangible fixed assets
Computer equipment
Cost or valuation
At cost
5
Debtors: amounts falling due within one year
2022
2021
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
11,430
12,151
Loans from directors
4,338
-
7
Share capital
2022
2021
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
The Company is Controlled by the Director who Owns 100% of the Called up Share Capital.
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).