CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED

CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED

CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED - Company Information

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CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED

Company Registration Number:
02502866 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2020

Period of accounts

Start date: 01 January 2020

End date: 31 December 2020

CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2020

Balance sheet
Notes

CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED

Balance sheet

As at 31 December 2020


Notes
2020
2019


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 6,822 25,489
Investments: 4 935 935
Total fixed assets: 7,757 26,424
Current assets
Stocks: 0 0
Debtors:   1,091,327 1,540,663
Cash at bank and in hand: 3,146,119 807,987
Investments:   0 0
Total current assets: 4,237,446 2,348,650
Creditors: amounts falling due within one year:   (1,555,230) (949,252)
Net current assets (liabilities): 2,682,216 1,399,398
Total assets less current liabilities: 2,689,973 1,425,822
Creditors: amounts falling due after more than one year:   (1,150,000) (4,098)
Provision for liabilities: 0 0
Total net assets (liabilities): 1,539,973 1,421,724
Capital and reserves
Called up share capital: 167,425 167,425
Share premium account: 1,091,010 1,091,010
Other reserves: 21,565 21,565
Profit and loss account: 259,973 141,724
Shareholders funds: 1,539,973 1,421,724

The notes form part of these financial statements

CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED

Balance sheet statements

For the year ending 31 December 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 June 2021
and signed on behalf of the board by:

Name: David McGloin
Status: Director

The notes form part of these financial statements

CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

2. Employees

2020 2019
Average number of employees during the period 50 60

CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

3. Tangible Assets

Total
Cost £
At 01 January 2020 267,293
Additions 7,724
At 31 December 2020 275,017
Depreciation
At 01 January 2020 241,804
Charge for year 26,391
At 31 December 2020 268,195
Net book value
At 31 December 2020 6,822
At 31 December 2019 25,489

CORE TECHNOLOGY SYSTEMS (U.K.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

4. Fixed investments

No change in year £935