CONNECTING U 2 IT LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05426736

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 APRIL 2020

FOR

CONNECTING U 2 IT LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr K J Phillips

SECRETARY:

Mrs F L Phillips

REGISTERED OFFICE:

Graigwen

Abbotts Lane

Penyffordd

Chester

Flintshire

CH4 0HW

REGISTERED NUMBER:

05426736

ACCOUNTANTS:

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

FIXED ASSETS

Tangible assets

5

-

162

CURRENT ASSETS

Debtors

5,509

13,094

Cash at bank

14,457

7,140

19,966

20,234

CREDITORS

Amounts falling due within one year

(12,037

)

(15,312

)

NET CURRENT ASSETS

7,929

4,922

TOTAL ASSETS LESS CURRENT LIABILITIES

7,929

5,084

CAPITAL AND RESERVES

Called up share capital

6

5

5

Retained earnings

7

7,924

5,079

SHAREHOLDERS' FUNDS

7,929

5,084

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2020 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director and authorised for issue on 5 January 2021 and were signed by:

Mr K J Phillips - Director

1.	STATUTORY INFORMATION

CONNECTING U 2 IT LIMITED is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2019

and 30 April 2020

487

DEPRECIATION

At 1 May 2019

325

Charge for year

162

At 30 April 2020

487

NET BOOK VALUE

At 30 April 2020

-

At 30 April 2019

162

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2020

2019

value:

£

£

5

Ordinary

£1

5

5

7.

RESERVES

Reserve

£7,924

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2020 and 30 April 2019:

2020

2019

£

£

Mr K J Phillips

Balance outstanding at start of year

(846

)

(717

)

Amounts advanced

22,088

25,045

Amounts repaid

(21,623

)

(25,174

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(381

)

(846

)