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REGISTERED NUMBER: 06657158 (England and Wales)
















Financial Statements

for the Year Ended 31 May 2022

for

Connexus Technology Limited

Connexus Technology Limited (Registered number: 06657158)

Contents of the Financial Statements
for the Year Ended 31 May 2022










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


Connexus Technology Limited

Company Information
for the Year Ended 31 May 2022







DIRECTORS: D Farnell
S J Hughes
G Patel
M Sainty





REGISTERED OFFICE: Unit 202
Stonehouse Business Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT





REGISTERED NUMBER: 06657158 (England and Wales)





ACCOUNTANTS: GCSD Accountants Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT

Connexus Technology Limited

Report of the Accountants to the Directors of
Connexus Technology Limited


The following reproduces the text of the report prepared for the directors 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 Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements and state those matters that we have agreed to state to the Board of Directors, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that the Company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit. You consider that the Company is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of the Company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






GCSD Accountants Limited


30 August 2022

Connexus Technology Limited (Registered number: 06657158)

Balance Sheet
31 May 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,421 2,038

CURRENT ASSETS
Debtors 5 386,709 237,790
Cash at bank 41,180 79,948
427,889 317,738
CREDITORS
Amounts falling due within one year 6 251,962 200,655
NET CURRENT ASSETS 175,927 117,083
TOTAL ASSETS LESS CURRENT
LIABILITIES

177,348

119,121

PROVISIONS FOR LIABILITIES 85 162
NET ASSETS 177,263 118,959

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 177,143 118,839
SHAREHOLDERS' FUNDS 177,263 118,959

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 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.

Connexus Technology Limited (Registered number: 06657158)

Balance Sheet - continued
31 May 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2022 and were signed on its behalf by:




D Farnell - Director



S J Hughes - Director


Connexus Technology Limited (Registered number: 06657158)

Notes to the Financial Statements
for the Year Ended 31 May 2022


1. STATUTORY INFORMATION

Connexus Technology 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. 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, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents net invoiced sales of goods and services, excluding value added tax.

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
Equipment - 33% on reducing balance

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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2021 - 6 ) .

Connexus Technology Limited (Registered number: 06657158)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2022


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings Equipment Totals
£    £    £   
COST
At 1 June 2021
and 31 May 2022 3,698 25,525 29,223
DEPRECIATION
At 1 June 2021 3,014 24,171 27,185
Charge for year 171 446 617
At 31 May 2022 3,185 24,617 27,802
NET BOOK VALUE
At 31 May 2022 513 908 1,421
At 31 May 2021 684 1,354 2,038

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 376,801 235,238
Other debtors 9,908 2,552
386,709 237,790

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 61,603 43,390
Taxation and social security 121,142 93,368
Other creditors 69,217 63,897
251,962 200,655

Connexus Technology Limited (Registered number: 06657158)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2022


7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2022 2021
£    £   
Within one year 16,256 -
Between one and five years 26,413 -
42,669 -