Company Registration Number 04008628 (England and Wales)
CNC-IT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020
PAGES FOR FILING WITH REGISTRAR
CNC-IT LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2020
31 December 2020
- 1 -
2020
2019
£
£
£
£
Fixed assets
80,610
105,578
Current assets
533,521
410,056
Prepayments and accrued income
4,590
3,777
Creditors: amounts falling due within one year
(90,437)
(70,020)
Net current assets
447,674
343,813
Total assets less current liabilities
528,284
449,391
Creditors: amounts falling due after more than one year
(50,000)
Net assets
478,284
449,391
Capital and reserves
478,284
449,391
Notes to the financial statements
1
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2020
2019
Number
Number
Employees
2
3
CNC-IT Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1 Parkshot, Richmond, Surrey, TW9 2RD.
For the year ended 31 December 2020 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.
The 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 in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
CNC-IT LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2020
31 December 2020
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 17 September 2021
Mr Paul Godden
Director
Company Registration Number 04008628
CNC-IT LIMITED
SCHEDULE OF TANGIBLE FIXED ASSETS
FOR THE YEAR ENDED 31 DECEMBER 2020
- 3 -
Leasehold improvements
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 January 2020
66,466
230,559
27,593
7,231
12,925
344,774
Additions
702
702
At 31 December 2020
66,466
230,559
27,593
7,933
12,925
345,476
Depreciation and impairment
At 1 January 2020
39,881
158,844
25,003
5,775
9,693
239,196
Depreciation charged in the year
3,323
17,929
648
539
3,231
25,670
At 31 December 2020
43,204
176,773
25,651
6,314
12,924
264,866
Carrying amount
At 31 December 2020
23,262
53,786
1,942
1,619
1
80,610
At 31 December 2019
26,585
71,715
2,590
1,456
3,232
105,578
CNC-IT LIMITED
SCHEDULE OF CURRENT ASSETS
FOR THE YEAR ENDED 31 DECEMBER 2020
- 4 -
2020
2019
£
£
Bank current account 1
304,121
178,983
Bank current account 2
40,362
40,348
Bank current account 3
78,773
78,176
Bank current account 4
80,572
80,438
Stocks of finished goods
1,152
2,638
Trade debtors
20,351
29,473
Other debtors
8,190
-
533,521
410,056
CNC-IT LIMITED
SCHEDULE OF CREDITORS LESS THAN ONE YEAR
FOR THE YEAR ENDED 31 DECEMBER 2020
- 5 -
2020
2019
£
£
Purchase ledger control account
13,258
16,662
Sales ledger credit balances
473
-
Other Creditors
2,632
791
Accruals included in creditors
9,000
10,000
Corporation tax payable
30,993
30,231
VAT control account
33,285
11,863
PAYE control account
796
473
90,437
70,020