1 March 2022 v2023.27.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP118073392022-03-012023-02-28118073392023-02-28118073392022-02-2811807339core:WithinOneYear2023-02-2811807339core:WithinOneYear2022-02-2811807339core:ShareCapital2023-02-2811807339core:ShareCapital2022-02-2811807339bus:Director12022-03-012023-02-2811807339bus:Director22022-03-012023-02-2811807339bus:RegisteredOffice2022-03-012023-02-28118073392021-03-012022-02-281180733912022-03-012023-02-2811807339countries:EnglandWales2022-03-012023-02-2811807339bus:AuditExempt-NoAccountantsReport2022-03-012023-02-2811807339bus:PrivateLimitedCompanyLtd2022-03-012023-02-2811807339bus:SmallEntities2022-03-012023-02-2811807339bus:FullAccounts2022-03-012023-02-28
Company registration number:
11807339
CGSC LIMITED
Unaudited Filleted Financial Statements for the year ended
28 February 2023
CGSC LIMITED
Statement of Financial Position
28 February 2023
20232022
Note££
Current assets    
Debtors 5
17,241
 
13,873
 
Cash at bank and in hand
6,423
 
12,454
 
23,664
 
26,327
 
Creditors: amounts falling due within one year 6
(23,654
)
(26,317
)
Net current assets
10
 
10
 
Total assets less current liabilities 10   10  
Capital and reserves    
Called up share capital
10
 
10
 
Profit and loss account -   -  
Shareholders funds
10
 
10
 
For the year ending
28 February 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge 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
17 November 2023
, and are signed on behalf of the board by:
Mr C Sharp
Mrs A Sharp
DirectorDirector
Company registration number:
11807339
CGSC LIMITED
Notes to the Financial Statements
Year 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
4 Shakespeare Road
,
Worthing
,
West Sussex
,
BN11 4AL
, United Kingdom.

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.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
The amount recognised in profit or loss as an expense in relation to defined contribution plans was £9,856.

RESERVES

Profit and loss account - This reserve records retained earnings and accumulated losses

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2022:
1.00
).

5 Debtors

20232022
££
Other debtors
17,241
 
13,873
 

6 Creditors: amounts falling due within one year

20232022
££
Taxation and social security
23,654
 
26,317
 

7 Directors' advances, credit and guarantees

During the financial year CGSC Limited made an unsecured, interest free loan to Mr. C Sharp and Mrs A Sharp. The total value of the loan at the reporting date was £17,241 .