Company Registration No. 12604464 (England and Wales)
CITIZENS OF SOIL LTD
Unaudited accounts
for the year ended 31 May 2023
CITIZENS OF SOIL LTD
Unaudited accounts
Contents
CITIZENS OF SOIL LTD
Company Information
for the year ended 31 May 2023
Directors
Michael Pierre Vachon
Sarah Fulton
Company Number
12604464 (England and Wales)
Registered Office
86-90 PAUL STREET
LONDON
EC2A 4NE
ENGLAND
Accountants
Addition Financial Limited
Addition at
1 Lyric Square
Hammersmith
London
W6 0NB
CITIZENS OF SOIL LTD
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
89,698
1,028
Creditors: amounts falling due within one year
(62,475)
(35,312)
Net current assets/(liabilities)
180,022
(31,514)
Net assets/(liabilities)
180,024
(29,696)
Called up share capital
131
100
Profit and loss account
(240,588)
(29,796)
Shareholders' funds
180,024
(29,696)
For the year ending 31 May 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 31 October 2023 and were signed on its behalf by
Michael Pierre Vachon
Director
Company Registration No. 12604464
CITIZENS OF SOIL LTD
Notes to the Accounts
for the year ended 31 May 2023
CITIZENS OF SOIL LTD is a private company, limited by shares, registered in England and Wales, registration number 12604464. The registered office is 86-90 PAUL STREET, LONDON, EC2A 4NE, 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.
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:
Plant & machinery
Straight Line Method - Useful Economic Life 3 years
Computer equipment
Straight Line Method - Useful Economic Life 3 years
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2022
706
1,319
2,025
At 31 May 2023
706
1,319
2,025
Charge for the year
643
1,173
1,816
At 31 May 2023
705
1,318
2,023
At 31 May 2022
644
1,174
1,818
CITIZENS OF SOIL LTD
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
59,492
1,374
Accrued income and prepayments
-
38
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
22,500
22,500
Trade creditors
28,849
2,257
Loans from directors
4,106
9,499
7
Average number of employees
During the year the average number of employees was 3 (2022: 2).