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REGISTERED NUMBER: 07257797 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 May 2018

for

CEP Technology (UK) Ltd

CEP Technology (UK) Ltd (Registered number: 07257797)






Contents of the Financial Statements
for the Year Ended 31 May 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CEP Technology (UK) Ltd

Company Information
for the Year Ended 31 May 2018







DIRECTORS: R S Parkins
Ms T G Edwards





REGISTERED OFFICE: 29 Willows Road
St Georges
Telford
Shropshire
TF2 9AE





REGISTERED NUMBER: 07257797 (England and Wales)





ACCOUNTANTS: Tranter Lowe (Oakengates) Limited
Chartered Accountants
International House
6 Market Street
Oakengates
Telford
Shropshire
TF2 6EF

CEP Technology (UK) Ltd (Registered number: 07257797)

Balance Sheet
31 May 2018

31.5.18 31.5.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 392 471

CURRENT ASSETS
Debtors 5 6,863 177
Cash at bank 12,114 11,374
18,977 11,551
CREDITORS
Amounts falling due within one year 6 14,281 11,646
NET CURRENT ASSETS/(LIABILITIES) 4,696 (95 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,088

376

PROVISIONS FOR LIABILITIES 94 94
NET ASSETS 4,994 282

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 4,992 280
SHAREHOLDERS' FUNDS 4,994 282

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

CEP Technology (UK) Ltd (Registered number: 07257797)

Balance Sheet - continued
31 May 2018


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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 7 November 2018 and were signed on its behalf
by:





Ms T G Edwards - Director


CEP Technology (UK) Ltd (Registered number: 07257797)

Notes to the Financial Statements
for the Year Ended 31 May 2018

1. STATUTORY INFORMATION

CEP Technology (UK) Ltd 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 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. 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 - 20% on reducing balance
Computer equipment - 50% on reducing balance

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 2 (2017 - 2 ) .

CEP Technology (UK) Ltd (Registered number: 07257797)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2018

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2017 438 5,487 5,925
Additions - 249 249
At 31 May 2018 438 5,736 6,174
DEPRECIATION
At 1 June 2017 322 5,132 5,454
Charge for year 23 305 328
At 31 May 2018 345 5,437 5,782
NET BOOK VALUE
At 31 May 2018 93 299 392
At 31 May 2017 116 355 471

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.18 31.5.17
£    £   
Trade debtors 6,650 -
Prepayments 213 177
6,863 177

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.18 31.5.17
£    £   
Tax 3,470 147
VAT 4,897 3,509
Directors' current accounts 5,567 7,456
Accrued expenses 347 534
14,281 11,646

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.5.18 31.5.17
value: £    £   
2 Ordinary Shares £1 2 2