CNC Maintenance Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10763237 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2021

for

CNC MAINTENANCE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Shainfield

REGISTERED OFFICE:

2a Southbourne Crescent

London

NW4 2LB

REGISTERED NUMBER:

10763237 (England and Wales)

ACCOUNTANT:

Abigail Sayagh

Chartered Accountant

12 Beverley Gardens

London

NW11 9DG

CURRENT ASSETS

Debtors

4

43,168

7,340

Cash at bank

277

450

43,445

7,790

CREDITORS

Amounts falling due within one year

5

43,919

3,639

NET CURRENT (LIABILITIES)/ASSETS

(474

)

4,151

TOTAL ASSETS LESS CURRENT LIABILITIES

(474

)

4,151

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

6

(574

)

4,051

(474

)

4,151

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2021 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.

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 25 February 2022 and were signed by:

A Shainfield - Director

1.	STATUTORY INFORMATION

CNC Maintenance 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.

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.

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 1 (2020 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.21

31.5.20

£

£

Other debtors

43,168

7,340

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.21

31.5.20

£

£

Bank loans and overdrafts

41,000

-

Taxation and social security

59

59

Other creditors

2,860

3,580

43,919

3,639

6.

RESERVES

Retained

earnings

£

At 1 June 2020

4,051

Deficit for the year

(4,625

)

At 31 May 2021

(574

)

7.	CONTROL NOTE

The company is controlled by N Sheinfeld.