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REGISTERED NUMBER: 03838753 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 December 2021

for

Company Registrations Online Ltd

Company Registrations Online Ltd (Registered number: 03838753)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Balance Sheet 1

Notes to the Financial Statements 3


Company Registrations Online Ltd (Registered number: 03838753)

Balance Sheet
31 December 2021

31.12.21 31.12.20
Notes £    £   
FIXED ASSETS
Intangible assets 4 20,000 35,000
Tangible assets 5 16,306 21,078
36,306 56,078

CURRENT ASSETS
Debtors 6 525,438 410,136
Cash at bank and in hand 1,956 87,022
527,394 497,158
CREDITORS
Amounts falling due within one year 7 (380,347 ) (355,699 )
NET CURRENT ASSETS 147,047 141,459
TOTAL ASSETS LESS CURRENT LIABILITIES 183,353 197,537

CREDITORS
Amounts falling due after more than one
year

8

(140,184

)

(184,776

)

PROVISIONS FOR LIABILITIES (4,948 ) (4,948 )
NET ASSETS 38,221 7,813

CAPITAL AND RESERVES
Called up share capital 202 202
Retained earnings 38,019 7,611
38,221 7,813

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

Company Registrations Online Ltd (Registered number: 03838753)

Balance Sheet - continued
31 December 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2022 and were signed on its behalf by:





Mr P C Vibrans - Director


Company Registrations Online Ltd (Registered number: 03838753)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Company Registrations Online Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03838753

Registered office: Carpenter Court
Maple Road
Bramhall
Stockport
Cheshire
SK7 2DH

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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, net of VAT and trade discounts.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of twenty years.

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 - 25% on reducing balance
Computer equipment - 33% on cost

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2020 - 25 ) .

Company Registrations Online Ltd (Registered number: 03838753)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2021
and 31 December 2021 300,000
AMORTISATION
At 1 January 2021 265,000
Charge for year 15,000
At 31 December 2021 280,000
NET BOOK VALUE
At 31 December 2021 20,000
At 31 December 2020 35,000

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2021 21,964 43,259 65,223
Additions 1,486 3,044 4,530
Disposals - (13,014 ) (13,014 )
At 31 December 2021 23,450 33,289 56,739
DEPRECIATION
At 1 January 2021 19,047 25,098 44,145
Charge for year 915 8,387 9,302
Eliminated on disposal - (13,014 ) (13,014 )
At 31 December 2021 19,962 20,471 40,433
NET BOOK VALUE
At 31 December 2021 3,488 12,818 16,306
At 31 December 2020 2,917 18,161 21,078

6. DEBTORS
31.12.21 31.12.20
£    £   
Amounts falling due within one year:
Trade debtors 187,258 185,995
Other debtors 324,755 210,716
512,013 396,711

Amounts falling due after more than one year:
Other debtors 13,425 13,425

Aggregate amounts 525,438 410,136

Company Registrations Online Ltd (Registered number: 03838753)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans and overdrafts 44,592 14,007
Trade creditors 58,762 49,436
Taxation and social security 188,213 214,915
Other creditors 88,780 77,341
380,347 355,699

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.21 31.12.20
£    £   
Bank loans 140,184 184,776

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2021 and 31 December 2020:

31.12.21 31.12.20
£    £   
Mr P C Vibrans
Balance outstanding at start of year 61,575 26,792
Amounts advanced 260,647 189,783
Amounts repaid (155,030 ) (155,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 167,192 61,575

Mr S G A Lloyd
Balance outstanding at start of year 97,958 73,116
Amounts advanced 92,693 109,842
Amounts repaid (85,000 ) (85,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 105,651 97,958

Loans incur interest at 2.5% per annum and payable on demand.