| Core Planning and Programming Ltd |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Core Planning and Programming Ltd for the period ended 30 June 2023 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Core Planning and Programming Ltd for the period ended 30 June 2023 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
www.icaew.com/en/members/regulations-standards-and-guidance |
| This report is made solely to the Board of Directors of Core Planning and Programming Ltd, as a body, in accordance with the terms of our engagement letter dated 13 June 2016. Our work has been undertaken solely to prepare for your approval the accounts of Core Planning and Programming Ltd and state those matters that we have agreed to state to the Board of Directors of Core Planning and Programming Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Core Planning and Programming Ltd and its Board of Directors as a body for our work or for this report. |
| It is your duty to ensure that Core Planning and Programming Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Core Planning and Programming Ltd. You consider that Core Planning and Programming Ltd is exempt from the statutory audit requirement for the period. |
| We have not been instructed to carry out an audit or a review of the accounts of Core Planning and Programming Ltd. 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 accounts. |
|
| Catherine A Williams Ltd |
| Chartered Accountants |
| The Old Bank |
| Beaufort Street |
| Crickhowell |
| Powys |
| NP8 1AD |
|
| 29 September 2023 |
|
| Core Planning and Programming Ltd |
| Registered number: |
09548957 |
| Balance Sheet |
| as at 30 June 2023 |
|
| Notes |
|
|
2023 |
|
|
2022 |
| £ |
£ |
| Current assets |
| Debtors |
4 |
|
- |
|
|
5,932 |
| Cash at bank and in hand |
|
|
31,481 |
|
|
16,732 |
|
|
|
31,481 |
|
|
22,664 |
|
| Creditors: amounts falling due within one year |
5 |
|
(17,510) |
|
|
(18,698) |
|
| Net current assets |
|
|
|
13,971 |
|
|
3,966 |
|
| Net assets |
|
|
|
13,971 |
|
|
3,966 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
10 |
|
|
10 |
| Profit and loss account |
|
|
|
13,961 |
|
|
3,956 |
|
| Shareholders' funds |
|
|
|
13,971 |
|
|
3,966 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Anthony Corfield |
| Director |
| Approved by the board on 29 September 2023 |
|
| Core Planning and Programming Ltd |
| Notes to the Accounts |
| for the period from 1 May 2022 to 30 June 2023 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Company closure |
|
The director has decided that they wish to cease trading and close the company. These are cessation accounts and which have not been prepared on a going concern basis. |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Computer Equipment |
over 3 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Employees |
2023 |
|
2022 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 May 2022 |
3,168 |
|
Additions |
795 |
|
Disposals |
(3,963) |
|
At 30 June 2023 |
- |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2022 |
3,168 |
|
On disposals |
(3,168) |
|
At 30 June 2023 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2023 |
- |
|
|
| 4 |
Debtors |
2023 |
|
2022 |
| £ |
£ |
|
|
Other debtors |
- |
|
5,932 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
| £ |
£ |
|
|
Trade creditors |
- |
|
132 |
|
Taxation and social security costs |
11,784 |
|
9,602 |
|
Other creditors |
5,726 |
|
8,964 |
|
|
|
|
|
|
17,510 |
|
18,698 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Related party transactions |
|
|
None noted. |
|
| 7 |
Transactions with Director |
|
|
During the year the director used a current account with the company to record amounts due to him and amounts drawn by him. The amounts are repayable on demand and carry interest.
The account as at the 30th June 2023 showed an amount owed back to Anthony Corfield of £5,726.27. As at the 30th April 2022 the account showed an amount owed back to Anthony Corfield of £8,963.56 |
|
| 8 |
Controlling party |
|
|
Mr Anthony Corfield owns 70% of the share capital of the company and is therefore the company's ultimate controlling party. |
|
| 9 |
Other information |
|
|
Core Planning and Programming Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is: |
|
Llanwenarth Lodge |
|
Govilon |
|
Abergavenny |
|
Monmouthshire |
|
NP7 9SF |