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REGISTERED NUMBER: 01855163 (England and Wales)


















Citytypes Limited

Unaudited Financial Statements

for the Year Ended 31 January 2023






Citytypes Limited (Registered number: 01855163)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Citytypes Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: Mr N J Pargeter
Mrs T H Pargeter





SECRETARY: Mrs T H Pargeter





REGISTERED OFFICE: River House
9 Colwick Quays Business Park
Colwick
Nottinghamshire
NG4 2JY





REGISTERED NUMBER: 01855163 (England and Wales)





ACCOUNTANTS: Brooks Mayfield Limited
Chartered Accountants
12 Bridgford Road
West Bridgford
Nottinghamshire
NG2 6AB

Citytypes Limited (Registered number: 01855163)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,264 39,384

CURRENT ASSETS
Debtors 5 14,749 20,547
Cash at bank 202,799 161,424
217,548 181,971
CREDITORS
Amounts falling due within one year 6 71,914 56,133
NET CURRENT ASSETS 145,634 125,838
TOTAL ASSETS LESS CURRENT
LIABILITIES

169,898

165,222

CREDITORS
Amounts falling due after more than one
year

7

31,986

39,352
NET ASSETS 137,912 125,870

CAPITAL AND RESERVES
Called up share capital 8 5,000 5,000
Capital redemption reserve 180 180
Retained earnings 132,732 120,690
SHAREHOLDERS' FUNDS 137,912 125,870

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

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

Citytypes Limited (Registered number: 01855163)

Balance Sheet - 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 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 6 March 2023 and were signed on its behalf by:





Mr N J Pargeter - Director


Citytypes Limited (Registered number: 01855163)

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

1. STATUTORY INFORMATION

Citytypes 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.

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.

Turnover
Turnover represents commissions and fees received during the period and is recognised when services are provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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 year was 6 (2022 - 6 ) .

Citytypes Limited (Registered number: 01855163)

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

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2022 35,160 79,833 114,993
Additions - 2,811 2,811
Disposals (3,000 ) - (3,000 )
At 31 January 2023 32,160 82,644 114,804
DEPRECIATION
At 1 February 2022 16,331 59,278 75,609
Charge for year 3,957 10,974 14,931
At 31 January 2023 20,288 70,252 90,540
NET BOOK VALUE
At 31 January 2023 11,872 12,392 24,264
At 31 January 2022 18,829 20,555 39,384

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 7,280 15,378
Other debtors 7,469 5,169
14,749 20,547

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Credit card 10,331 10,648
Trade creditors 3,569 3,240
Taxation and social security 37,653 23,683
Other creditors 20,361 18,562
71,914 56,133

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans 31,986 39,352

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
5,000 Ordinary £1 5,000 5,000