Company Registration No. 08998267 (England and Wales)
CFPRO Limited
AMENDED Unaudited accounts
for the year ended 31 December 2022
CFPRO Limited
AMENDED Unaudited accounts
Contents
CFPRO Limited
Statement of financial position
as at 31 December 2022
Intangible assets
10,817
9,465
Tangible assets
9,296
5,162
Cash at bank and in hand
45,442
86,722
Creditors: amounts falling due within one year
(433,759)
(441,152)
Net current assets/(liabilities)
73,311
(18,939)
Total assets less current liabilities
163,056
65,320
Creditors: amounts falling due after more than one year
(113,502)
(47,350)
Called up share capital
2,778
2,778
Profit and loss account
46,776
15,192
Shareholders' funds
49,554
17,970
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 19 September 2023 and were signed on its behalf by
B Spurrier
Director
Company Registration No. 08998267
CFPRO Limited
Notes to the Accounts
for the year ended 31 December 2022
CFPRO Limited is a private company, limited by shares, registered in England and Wales, registration number 08998267. The registered office is 330 High Holborn, Holborn Gate, London, England, WC1V 7QH, United Kingdom.
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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:
Land & buildings
Leasehold improvements are depreciated over the term of the lease.
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
Intangible fixed assets (including purchased goodwill and development costs) are included at cost less accumulated amortisation. They are written off on a straight line basis over 5 years.
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Intangible fixed assets
Total
At 31 December 2022
270,406
At 31 December 2022
259,589
At 31 December 2022
10,817
CFPRO Limited
Notes to the Accounts
for the year ended 31 December 2022
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Tangible fixed assets
Total
At 31 December 2022
17,362
Allotted, called up and fully paid:
277,800 Ordinary shares of £0.01 each
2,778
2,778
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Transactions with related parties
The Company has taken advantage of the exemption available under paragraph 33.1 A of Financial Reporting Standard 102 not to disclose transactions with other wholly owned members of the group.
The ultimate parent entity and ultimate controlling party of the company is CFPro Holdings Ltd. CFPro Holdings Ltd is registered in England and Wales and the registered address is 330 High Holborn, Holborn Gate, London, England, WC1V 7QH.
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Average number of employees
During the year the average number of employees was 14 (2021: 10).