C.E.S. Limited Filleted accounts for Companies House (small and micro)

2 false false false false false false false false false true false false false false false false No description of principal activity 2022-01-01 Sage Accounts Production Advanced 2021 - FRS102_2021 20,632 20,482 100 20,582 50 150 xbrli:pure xbrli:shares iso4217:GBP 01529050 2022-01-01 2022-12-31 01529050 2022-12-31 01529050 2021-12-31 01529050 2021-01-01 2021-12-31 01529050 2021-12-31 01529050 core:PlantMachinery 2022-01-01 2022-12-31 01529050 bus:Director1 2022-01-01 2022-12-31 01529050 core:PlantMachinery 2021-12-31 01529050 core:PlantMachinery 2022-12-31 01529050 core:WithinOneYear 2022-12-31 01529050 core:WithinOneYear 2021-12-31 01529050 core:RetainedEarningsAccumulatedLosses 2022-12-31 01529050 core:RetainedEarningsAccumulatedLosses 2021-12-31 01529050 core:PlantMachinery 2021-12-31 01529050 bus:SmallEntities 2022-01-01 2022-12-31 01529050 bus:AuditExemptWithAccountantsReport 2022-01-01 2022-12-31 01529050 bus:FullAccounts 2022-01-01 2022-12-31 01529050 bus:SmallCompaniesRegimeForAccounts 2022-01-01 2022-12-31 01529050 bus:CompanyLimitedByGuarantee 2022-01-01 2022-12-31

COMPANY REGISTRATION NUMBER: 01529050

C.E.S. Limited

Company Limited by Guarantee

Filleted Unaudited Financial Statements

For the year ended

31 December 2022

C.E.S. Limited

Company Limited by Guarantee

Statement of Financial Position

31 December 2022

	2022	2021
Note	£	£

Fixed assets

Tangible assets	6	50	150

Current assets

Debtors	7	43,355	48,755
Cash at bank and in hand		32,867	40,291
		--------	--------
		76,222	89,046

Creditors: amounts falling due within one year	8	2,349	1,342
		--------	--------
Net current assets		73,873	87,704
		--------	--------
Total assets less current liabilities		73,923	87,854
		--------	--------
Net assets		73,923	87,854
		--------	--------

Capital and reserves

Profit and loss account	73,923	87,854
	--------	--------
Members funds	73,923	87,854
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- 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 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

C.E.S. Limited

Company Limited by Guarantee

Statement of Financial Position (continued)

31 December 2022

These financial statements were approved by the board of directors and authorised for issue on 27 September 2023 , and are signed on behalf of the board by:

Dr T A Broadbent
Director

Company registration number: 01529050

C.E.S. Limited

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 December 2022

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

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

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

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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:

	Plant and machinery	-	30% straight line

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 (2021: 2 ).

6. Tangible assets

	Plant and machinery
	£
Cost
At 1 January 2022 and 31 December 2022	20,632
	--------
Depreciation
At 1 January 2022	20,482
Charge for the year	100
	--------
At 31 December 2022	20,582
	--------
Carrying amount
At 31 December 2022	50
	--------
At 31 December 2021	150
	--------

7. Debtors

	2022	2021
	£	£
Other debtors	43,355	48,755
	--------	--------

8. Creditors: amounts falling due within one year

	2022	2021
	£	£
Social security and other taxes	104	70
Other creditors	2,245	1,272
	-------	-------
	2,349	1,342
	-------	-------