CONNECTING U 2 IT LIMITED - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05426736 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 APRIL 2018

FOR

CONNECTING U 2 IT LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr K J Phillips

SECRETARY:

Mrs F L Phillips

REGISTERED OFFICE:

Graigwen

Abbotts Lane

Penyffordd

Chester

Flintshire

CH4 0HW

REGISTERED NUMBER:

05426736 (England and Wales)

ACCOUNTANTS:

JSA Services Limited

4th Floor

Radius House

51 Clarendon Road

Watford

Hertfordshire

WD17 1HP

FIXED ASSETS

Tangible assets

5

5,410

6,949

CURRENT ASSETS

Debtors

13,144

11,208

Cash at bank

10,133

10,923

23,277

22,131

CREDITORS

Amounts falling due within one year

12,840

14,583

NET CURRENT ASSETS

10,437

7,548

TOTAL ASSETS LESS CURRENT LIABILITIES

15,847

14,497

CREDITORS

Amounts falling due after more than one year

972

-

NET ASSETS

14,875

14,497

CAPITAL AND RESERVES

Called up share capital

6

5

5

Retained earnings

7

14,870

14,492

SHAREHOLDERS' FUNDS

14,875

14,497

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2018 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 on 28 October 2018 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 England and Wales. 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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

Motor vehicles

-

25% on reducing balance

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 (2017 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2017

21,305

Additions

488

At 30 April 2018

21,793

DEPRECIATION

At 1 May 2017

14,356

Charge for year

2,027

At 30 April 2018

16,383

NET BOOK VALUE

At 30 April 2018

5,410

At 30 April 2017

6,949

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

5

Ordinary

£1

5

5

7.

RESERVES

Reserves

£14,870

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2018 and 30 April 2017:

2018

2017

£

£

Mr K J Phillips

Balance outstanding at start of year

(1,254

)

529

Amounts advanced

13,864

12,017

Amounts repaid

(13,327

)

(13,800

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(717

)

(1,254

)