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REGISTERED NUMBER: 11984569 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 May 2023

for

CG Plastering & Damp Proofing Ltd

CG Plastering & Damp Proofing Ltd (Registered number: 11984569)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CG Plastering & Damp Proofing Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTOR: C K Goss





REGISTERED OFFICE: 1 Bencombe Cottages
Lampern Hill
Uley
Gloucestershire
GL11 5BT





REGISTERED NUMBER: 11984569 (England and Wales)





ACCOUNTANTS: Dolman's Chartered Accountants
The Mews
Hounds Road
Chipping Sodbury
Bristol
BS37 6EE

CG Plastering & Damp Proofing Ltd (Registered number: 11984569)

Balance Sheet
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 7,200 9,600
Tangible assets 5 11,487 14,504
18,687 24,104

CURRENT ASSETS
Debtors 6 1,757 1,830
Cash at bank 2,149 10,353
3,906 12,183
CREDITORS
Amounts falling due within one year 7 12,775 14,368
NET CURRENT LIABILITIES (8,869 ) (2,185 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,818

21,919

CREDITORS
Amounts falling due after more than one year 8 (7,841 ) (11,060 )

PROVISIONS FOR LIABILITIES (1,720 ) (2,293 )
NET ASSETS 257 8,566

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 255 8,564
SHAREHOLDERS' FUNDS 257 8,566

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

CG Plastering & Damp Proofing Ltd (Registered number: 11984569)

Balance Sheet - continued
31 May 2023


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 director and authorised for issue on 5 October 2023 and were signed by:





C K Goss - Director


CG Plastering & Damp Proofing Ltd (Registered number: 11984569)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

CG Plastering & Damp Proofing 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 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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 2 (2022 - 2 ) .

CG Plastering & Damp Proofing Ltd (Registered number: 11984569)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2022
and 31 May 2023 12,000
AMORTISATION
At 1 June 2022 2,400
Charge for year 2,400
At 31 May 2023 4,800
NET BOOK VALUE
At 31 May 2023 7,200
At 31 May 2022 9,600

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022
and 31 May 2023 18,527
DEPRECIATION
At 1 June 2022 4,023
Charge for year 3,017
At 31 May 2023 7,040
NET BOOK VALUE
At 31 May 2023 11,487
At 31 May 2022 14,504

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,400 -
Other debtors - 1,350
VAT 79 -
Prepayments 278 480
1,757 1,830

CG Plastering & Damp Proofing Ltd (Registered number: 11984569)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 4,228 4,228
Tax 7,295 6,119
Social security and other taxes 381 181
VAT - 3,140
Other creditors 79 -
Directors' current accounts 180 88
Accrued expenses 612 612
12,775 14,368

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 7,841 11,060

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2023 and 31 May 2022:

2023 2022
£    £   
C K Goss
Balance outstanding at start of year 86 417
Amounts advanced 34,500 -
Amounts repaid (34,406 ) (331 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 180 86

The loan from the director is given free of interest and repayable on demand.