C&N Management Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07369311 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2020

FOR

C&N MANAGEMENT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Miss C Collins

Mr N McLaren

REGISTERED OFFICE:

Mercury House

19/21 Chapel Street

Marlow

Bucks

SL7 3HN

REGISTERED NUMBER:

07369311 (England and Wales)

ACCOUNTANTS:

Richardson Jones

Chartered Accountants

Mercury House

19-21 Chapel Street

Marlow

Buckinghamshire

SL7 3HN

CURRENT ASSETS

Debtors

5

123,421

111,543

Cash at bank

98

98

123,519

111,641

CREDITORS

Amounts falling due within one year

6

52,744

4,903

NET CURRENT ASSETS

70,775

106,738

TOTAL ASSETS LESS CURRENT LIABILITIES

70,775

106,738

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

7

70,675

106,638

SHAREHOLDERS' FUNDS

70,775

106,738

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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 15 January 2021 and were signed on its behalf by:

Mr N McLaren - Director

1.	STATUTORY INFORMATION

C&N Management Ltd 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.

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.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 April 2019

and 31 March 2020

1,624

DEPRECIATION

At 1 April 2019

and 31 March 2020

1,624

NET BOOK VALUE

At 31 March 2020

-

At 31 March 2019

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Amounts owed by group undertakings

123,321

109,422

Other debtors

100

100

VAT

-

2,021

123,421

111,543

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade creditors

-

2,904

Amounts owed to group undertakings

43,965

-

VAT

6,779

-

Accrued expenses

2,000

1,999

52,744

4,903

7.

RESERVES

Retained

earnings

£

At 1 April 2019

106,638

Profit for the year

37

Dividends

(36,000

)

At 31 March 2020

70,675