8 February 2022 v2023.26.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activity0falsetruexbrli:purexbrli:sharesiso4217:GBP139007992022-02-082023-02-28139007992023-02-2813900799core:WithinOneYear2023-02-2813900799core:ShareCapital2023-02-2813900799core:RetainedEarningsAccumulatedLosses2023-02-2813900799bus:Director12022-02-082023-02-2813900799bus:RegisteredOffice2022-02-082023-02-281390079912022-02-082023-02-2813900799countries:EnglandWales2022-02-082023-02-2813900799bus:AuditExemptWithAccountantsReport2022-02-082023-02-2813900799bus:PrivateLimitedCompanyLtd2022-02-082023-02-2813900799bus:SmallEntities2022-02-082023-02-2813900799bus:FullAccounts2022-02-082023-02-28
Company registration number:
13900799
Cable Exchange Harrow Ltd
Unaudited Filleted Financial Statements for the period ended
28 February 2023
Cable Exchange Harrow Ltd
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Cable Exchange Harrow Ltd
Period ended
28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements
of
Cable Exchange Harrow Ltd
for the period ended
28 February 2023
which comprise the income statement, statement of financial position, statement of changes in equity and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
Cable Exchange Harrow Ltd
, as a body. My work has been undertaken solely to prepare for your approval the
financial statements
of
Cable Exchange Harrow Ltd
and state those matters that I have agreed to state to the Board of Directors of
Cable Exchange Harrow Ltd
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
Cable Exchange Harrow Ltd
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
Cable Exchange Harrow Ltd
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 loss of
Cable Exchange Harrow Ltd
. You consider that
Cable Exchange Harrow Ltd
is exempt from the statutory audit requirement for the period.
I have not been instructed to carry out an audit or a review of the financial statements of Cable Exchange Harrow Ltd. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
MG Accountants & Tax Advisers Limited
Chartered Accountants
166 College Road
Harrow, Middlesex
HA1 1BH
United Kingdom
Date:
8 November 2023
Cable Exchange Harrow Ltd
Statement of Financial Position
28 February 2023
28 Feb 2023
Note£
Current assets  
Cash at bank and in hand
1
 
Creditors: amounts falling due within one year 5
(600
)
Net current liabilities
(599
)
Total assets less current liabilities (599 )
Capital and reserves  
Called up share capital
1
 
Profit and loss account
(600
)
Shareholders deficit
(599
)
For the period ending
28 February 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
8 November 2023
, and are signed on behalf of the board by:
P Nally
Director
Company registration number:
13900799
Cable Exchange Harrow Ltd
Notes to the Financial Statements
Period ended
28 February 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
C/O Mg Tax
,
166 College Road
,
Harrow
,
HA1 1BH
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Average number of employees

The average number of persons employed by the company during the period was Nil.

5 Creditors: amounts falling due within one year

28 Feb 2023
£
Other creditors
600