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REGISTERED NUMBER: 04173669 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

CONNECTION CONTRACTS LIMITED

CONNECTION CONTRACTS LIMITED (REGISTERED NUMBER: 04173669)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CONNECTION CONTRACTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: Mr T Potter
Mrs C Potter





SECRETARY: Mrs C Potter





REGISTERED OFFICE: 4 Green Lane Business Park
238 Green Lane
London
SE9 3TL





REGISTERED NUMBER: 04173669 (England and Wales)





ACCOUNTANTS: Bayar Hughes & Co
Chartered Certified Accountants
4 Green Lane Business Park
238 Green lane
New Eltham
London
SE9 3TL

CONNECTION CONTRACTS LIMITED (REGISTERED NUMBER: 04173669)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,699 5,892

CURRENT ASSETS
Stocks 11,086 10,910
Debtors 5 104,127 101,250
Cash at bank and in hand 148 7,846
115,361 120,006
CREDITORS
Amounts falling due within one year 6 98,404 103,101
NET CURRENT ASSETS 16,957 16,905
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,656

22,797

CREDITORS
Amounts falling due after more than one
year

7

(11,250

)

(16,250

)

PROVISIONS FOR LIABILITIES (893 ) (1,120 )
NET ASSETS 9,513 5,427

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9,413 5,327
SHAREHOLDERS' FUNDS 9,513 5,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

CONNECTION CONTRACTS LIMITED (REGISTERED NUMBER: 04173669)

BALANCE SHEET - continued
28 FEBRUARY 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 15 November 2023 and were signed on its behalf by:





Mr T Potter - Director


CONNECTION CONTRACTS LIMITED (REGISTERED NUMBER: 04173669)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

Connection Contracts 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.

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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

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

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 17,496
Additions 374
At 28 February 2023 17,870
DEPRECIATION
At 1 March 2022 11,604
Charge for year 1,567
At 28 February 2023 13,171
NET BOOK VALUE
At 28 February 2023 4,699
At 28 February 2022 5,892

CONNECTION CONTRACTS LIMITED (REGISTERED NUMBER: 04173669)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 6,650
Other debtors 104,127 94,600
104,127 101,250

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,881 -
Trade creditors 5,668 11,123
Taxation and social security 19,528 9,276
Other creditors 67,327 82,702
98,404 103,101

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 11,250 16,250