C.E.S. Limited Filleted accounts for Companies House (small and micro)
C.E.S. Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
01529050
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Company Limited by Guarantee |
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For the year ended |
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Company Limited by Guarantee |
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Statement of Financial Position |
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2021 |
2020 |
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Note |
£ |
£ |
Fixed assets
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Tangible assets |
6 |
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Current assets
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Debtors |
7 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
8 |
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-------- |
--------- |
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Net current assets |
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-------- |
--------- |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
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Profit and loss account |
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Members funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Company Limited by Guarantee |
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
20 October 2022
, and are signed on behalf of the board by:
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Director |
Company registration number:
01529050
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Company Limited by Guarantee |
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Notes to the Financial Statements |
Year ended 31 December 2021
1.
General information
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is Hyde House, The Hyde, Edgware Road, London, NW9 6LA.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Taxation
The company is a not for profit educational entity and no tax is payable on the surplus for the year.
Income tax
The company is a not for profit educational entity and no tax is payable on the surplus for the year.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Plant and machinery |
- |
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Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4.
Company limited by guarantee
The company is limited by guarantee. Every member of the company undertakes to contribute such amount as may be required (not exceeding £1) to the company's assets if it should be wound up while he or she is a member or within one year after he or she ceases to be a member, for payment of the company's debts and liabilities contracted before he or she ceases to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributories among themselves.
5.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2020:
2
).
6.
Tangible assets
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Plant and machinery |
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£ |
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Cost |
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At 1 January 2021 and 31 December 2021 |
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Depreciation |
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At 1 January 2021 |
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Charge for the year |
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At 31 December 2021 |
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Carrying amount |
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At 31 December 2021 |
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At 31 December 2020 |
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7.
Debtors
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2021 |
2020 |
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£ |
£ |
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Other debtors |
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8.
Creditors:
amounts falling due within one year
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2021 |
2020 |
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£ |
£ |
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Social security and other taxes |
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Other creditors |
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