Company Registration No. 02640257 (England and Wales)
CEREAL TECHNOLOGY LIMITED
Unaudited accounts
for the year ended 31 December 2022
CEREAL TECHNOLOGY LIMITED
Unaudited accounts
Contents
CEREAL TECHNOLOGY LIMITED
Company Information
for the year ended 31 December 2022
Company Number
02640257 (England and Wales)
Registered Office
JUBILEE HOUSE
NOTTINGHAM ROAD
BASFORD NOTTINGHAM
NG7 7BT
Accountants
williams lester accountants ltd
12 Cwrt Y Parc, Earlswood Road
Llanishen
Cardiff
Cardiff
CF14 5GH
CEREAL TECHNOLOGY LIMITED
Statement of financial position
as at 31 December 2022
Tangible assets
4,171
5,213
Cash at bank and in hand
8,843
4,581
Creditors: amounts falling due within one year
17,197
(6,313)
Net current assets
66,320
85,573
Called up share capital
100
100
Profit and loss account
70,391
90,686
Shareholders' funds
70,491
90,786
For the year ending 31 December 2022 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 September 2023 and were signed on its behalf by
J P Palewicz
Director
Company Registration No. 02640257
CEREAL TECHNOLOGY LIMITED
Notes to the Accounts
for the year ended 31 December 2022
CEREAL TECHNOLOGY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02640257. The registered office is JUBILEE HOUSE, NOTTINGHAM ROAD, BASFORD NOTTINGHAM, NG7 7BT.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2022
15,740
4,970
20,710
At 31 December 2022
15,740
4,970
20,710
At 1 January 2022
12,033
3,464
15,497
Charge for the year
741
301
1,042
At 31 December 2022
12,774
3,765
16,539
At 31 December 2022
2,966
1,205
4,171
At 31 December 2021
3,707
1,506
5,213
Amounts falling due within one year
Trade debtors
19,160
52,860
CEREAL TECHNOLOGY LIMITED
Notes to the Accounts
for the year ended 31 December 2022
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Creditors: amounts falling due within one year
2022
2021
Trade creditors
1,794
31,287
Taxes and social security
5,830
8,132
Loans from directors
(25,918)
(34,103)
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Average number of employees
During the year the average number of employees was 0 (2021: 0).
