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REGISTERED NUMBER: 10839883 (England and Wales)















FINANCIAL STATEMENTS FOR THE PERIOD 1 JULY 2022 TO 31 JANUARY 2023

FOR

CSL7682 LTD

CSL7682 LTD (REGISTERED NUMBER: 10839883)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2022 TO 31 JANUARY 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CSL7682 LTD

COMPANY INFORMATION
FOR THE PERIOD 1 JULY 2022 TO 31 JANUARY 2023







DIRECTORS: S J Gray
R P Gray





REGISTERED OFFICE: Unit 6 The Rickyard
Clifton Reynes
Olney
Buckinghamshire
MK46 5LQ





REGISTERED NUMBER: 10839883 (England and Wales)





ACCOUNTANTS: DNG Dove Naish LLP
Chartered Accountants
Eagle House
28 Billing Road
Northampton
NN1 5AJ

CSL7682 LTD (REGISTERED NUMBER: 10839883)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 24,969

CURRENT ASSETS
Debtors 5 59,066 258,657
Cash at bank 1,878 156,498
60,944 415,155
CREDITORS
Amounts falling due within one year 6 35,945 342,830
NET CURRENT ASSETS 24,999 72,325
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,999

97,294

CREDITORS
Amounts falling due after more than one
year

7

-

(148,222

)

PROVISIONS FOR LIABILITIES - (6,115 )
NET ASSETS/(LIABILITIES) 24,999 (57,043 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 24,899 (57,143 )
24,999 (57,043 )

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

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

CSL7682 LTD (REGISTERED NUMBER: 10839883)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 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 Board of Directors and authorised for issue on 9 October 2023 and were signed on its behalf by:




S J Gray - Director



R P Gray - Director


CSL7682 LTD (REGISTERED NUMBER: 10839883)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JULY 2022 TO 31 JANUARY 2023


1. STATUTORY INFORMATION

Csl7682 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
The preparation of financial statements requires the use of certain critical accounting estimates. It also requires management to exercise its judgement in the process of applying the company accounting policies. The areas involving a higher degree of judgement or complexity, or areas where assumptions and estimates are significant to the financial statements are disclosed within the individual accounting policies below.

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.
Office equipment - 25% on reducing balance

Fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Where parts of an item of property, plant and equipment have different useful lives, they are accounted for as separate items of property, plant and equipment.

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

CSL7682 LTD (REGISTERED NUMBER: 10839883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2022 TO 31 JANUARY 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income under administrative expenses.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

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 period was NIL (2022 - 10 ).

CSL7682 LTD (REGISTERED NUMBER: 10839883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2022 TO 31 JANUARY 2023


4. TANGIBLE FIXED ASSETS
Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 July 2022 10,833 25,697 36,530
Disposals (10,833 ) (25,697 ) (36,530 )
At 31 January 2023 - - -
DEPRECIATION
At 1 July 2022 2,708 8,853 11,561
Charge for period 1,185 2,456 3,641
Eliminated on disposal (3,893 ) (11,309 ) (15,202 )
At 31 January 2023 - - -
NET BOOK VALUE
At 31 January 2023 - - -
At 30 June 2022 8,125 16,844 24,969

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 134,313
Other debtors - 96,056
Directors' current accounts 59,066 -
Tax - 24,837
Prepayments and accrued income - 3,451
59,066 258,657

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans - 77,610
Trade creditors - 193,052
Tax 34,067 -
Other creditors 1,878 23,518
Accruals and deferred income - 48,650
35,945 342,830

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other loans - 1-2 years - 148,222

CSL7682 LTD (REGISTERED NUMBER: 10839883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JULY 2022 TO 31 JANUARY 2023


8. TRANSACTIONS WITH DIRECTORS

The following advances and credits to directors subsisted during the period ended 31 January 2023 and the year ended 30 June 2022:

2023 2022
£    £   
R P Gray
Balance outstanding at start of period 6,413 (3,587 )
Amounts advanced 84,250 68,500
Amounts repaid (61,130 ) (58,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 29,533 6,413

S J Gray
Balance outstanding at start of period (61 ) (61 )
Amounts advanced 84,311 54,000
Amounts repaid (54,717 ) (54,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 29,533 (61 )