Connexinet Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05464514 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2019

for

Connexinet Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Milns

Miss G Crewe

S Milns

SECRETARY:

D Milns

REGISTERED OFFICE:

46 Barnfield Crescent

Wellington

Telford

Shropshire

TF1 2EU

REGISTERED NUMBER:

05464514 (England and Wales)

CURRENT ASSETS

Stocks

700

1,100

Debtors

5

16,777

22,089

Cash at bank and in hand

28,428

19,679

45,905

42,868

CREDITORS

Amounts falling due within one year

6

33,777

31,694

NET CURRENT ASSETS

12,128

11,174

TOTAL ASSETS LESS CURRENT LIABILITIES

12,128

11,174

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

12,127

11,173

SHAREHOLDERS' FUNDS

12,128

11,174

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 15 January 2020 and were signed on its behalf by:

D Milns - Director

1.	STATUTORY INFORMATION

Connexinet Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the

Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance

for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over

the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 June 2018

and 31 May 2019

2,210

DEPRECIATION

At 1 June 2018

and 31 May 2019

2,210

NET BOOK VALUE

At 31 May 2019

-

At 31 May 2018

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.19

31.5.18

£

£

Trade debtors

16,658

21,980

Other debtors

119

109

16,777

22,089

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.19

31.5.18

£

£

Trade creditors

4,830

8,648

Taxation and social security

1,690

1,051

Other creditors

27,257

21,995

33,777

31,694

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.19

31.5.18

value:

£

£

1

Ordinary

£1

1

1