CONNECTING U 2 IT LIMITED - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 05426736

Unaudited Financial Statements for the Year Ended 30 April 2023

for

CONNECTING U 2 IT LIMITED

Page

Company Information

1

Report of the Accountants

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

DIRECTOR:

Mr K J Phillips

SECRETARY:

Mrs F L Phillips

REGISTERED OFFICE:

Graigwen

Abbotts Lane

Penyffordd

Chester

Flintshire

CH4 0HW

REGISTERED NUMBER:

05426736

ACCOUNTANTS:

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2023 set out on pages three to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

Date: .............................................

FIXED ASSETS

Tangible assets

5

296

248

CURRENT ASSETS

Debtors

6,573

5,505

Cash at bank

21,279

18,624

27,852

24,129

CREDITORS

Amounts falling due within one year

(17,281

)

(15,816

)

NET CURRENT ASSETS

10,571

8,313

TOTAL ASSETS LESS CURRENT LIABILITIES

10,867

8,561

CAPITAL AND RESERVES

Called up share capital

6

5

5

Retained earnings

7

10,862

8,556

SHAREHOLDERS' FUNDS

10,867

8,561

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 19 September 2023 and were signed by:

Mr K J Phillips - Director

1.	STATUTORY INFORMATION

CONNECTING U 2 IT LIMITED is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2022

1,229

Additions

444

At 30 April 2023

1,673

DEPRECIATION

At 1 May 2022

981

Charge for year

396

At 30 April 2023

1,377

NET BOOK VALUE

At 30 April 2023

296

At 30 April 2022

248

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

5

Ordinary

£1

5

5

7.

RESERVES

Retained

earnings

£

At 1 May 2022

8,556

Profit for the year

44,806

Dividends

(42,500

)

At 30 April 2023

10,862

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2023 and 30 April 2022:

2023

2022

£

£

Mr K J Phillips

Balance outstanding at start of year

(1,110

)

(1,050

)

Amounts advanced

14,754

14,394

Amounts repaid

(15,177

)

(14,454

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,533

)

(1,110

)

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr K J Phillips.