CED Group Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06592893 (England and Wales)

Financial Statements

for the Year Ended 31 May 2019

for

CED GROUP LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J E Reader

P D Reader

SECRETARY:

J E Reader

REGISTERED OFFICE:

Unit 2

Norman Way Industrial Park

Over

Cambridge

Cambridgeshire

CB24 5QE

REGISTERED NUMBER:

06592893 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Investment property

4

900,000

CURRENT ASSETS

Debtors

5

13,380

13,480

Investments

6

160

Cash at bank

76

37

13,616

13,677

CREDITORS

Amounts falling due within one year

7

7,263

NET CURRENT ASSETS

6,353

6,414

TOTAL ASSETS LESS CURRENT
LIABILITIES

906,353

906,414

CAPITAL AND RESERVES

Called up share capital

8

140

Retained earnings

906,213

906,274

SHAREHOLDERS' FUNDS

906,353

906,414

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 and authorised for issue on
27 May 2020 and were signed on its behalf by:

J E Reader - Director

1.	STATUTORY INFORMATION

CED Group 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit

arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income

Statement, except to the extent that it relates to items recognised in other comprehensive

income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that

have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not

reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in

periods different from those in which they are recognised in financial statements. Deferred

tax is measured using tax rates and laws that have been enacted or substantively enacted

by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it

is probable that they will be recovered against the reversal of deferred tax liabilities or other

future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2018

and 31 May 2019

900,000

NET BOOK VALUE

At 31 May 2019

900,000

At 31 May 2018

900,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.19

31.5.18

£

Amounts owed by group undertakings

13,380

13,480

6.	CURRENT ASSET INVESTMENTS

31.5.19

31.5.18

£

Shares in group undertakings

160

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.19

31.5.18

£

Other creditors

160

Directors' current accounts

7,103

7,263

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.19

31.5.18

value:

£

70

A Ordinary

£1

70

B Ordinary

£1

70

140

9.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed £13,380 (2018: £13,480) from

Cambridge Export Documents Ltd, a related party by virtue of the fact that it is under

common control.

At the balance sheet date, the company owed the director £7,103 (2018: £7,103), The

amount is interest free and repayable on demand.

CED Group Limited - Accounts to registrar (filleted) - small 18.2

CED Group Limited - Accounts to registrar (filleted) - small 18.2