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REGISTERED NUMBER: 07667370 (England and Wales)















CP Plus (International) Limited

Audited Financial Statements

for the Year Ended 30 June 2023






CP Plus (International) Limited (Registered number: 07667370)

Contents of the Financial Statements
for the year ended 30 June 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CP Plus (International) Limited

Company Information
for the year ended 30 June 2023







Directors: H M Calvert
I S Langdon
A G Lewis





Registered office: Jack Straw's Castle
12 North End Way
London
NW3 7ES





Registered number: 07667370 (England and Wales)





Auditors: Cooper Parry Group Limited
Statutory Auditor
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA

CP Plus (International) Limited (Registered number: 07667370)

Balance Sheet
30 June 2023

2023 2022
Notes £ £ £ £
Fixed assets
Investments 4 2,692 2,692

Current assets
Debtors 5 1,495,415 1,738,730
Cash at bank 73,450 62,510
1,568,865 1,801,240
Creditors
Amounts falling due within one year 6 2,301,856 2,596,666
Net current liabilities (732,991 ) (795,426 )
Total assets less current liabilities (730,299 ) (792,734 )

Capital and reserves
Called up share capital 7 1,533 1,533
Retained earnings 8 (731,832 ) (794,267 )
Shareholders' funds (730,299 ) (792,734 )

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 8 January 2024 and were signed on its behalf by:





H M Calvert - Director


CP Plus (International) Limited (Registered number: 07667370)

Notes to the Financial Statements
for the year ended 30 June 2023


1. Statutory information

CP Plus (International) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 07667370 and registered office address is Jack Straw's Castle, 12 North End Way, London, NW3 7ES.

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 net invoiced sales of services and management charges to a subsidiary company and is stated net of VAT.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Employee benefits
Short term employee benefits including holiday pay and annual bonuses are accrued as services are rendered.

Financial instruments policy
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Key sources of estimation uncertainty and judgements
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

Going concern
The company is dependent on the continued support of CP Plus Limited, which has confirmed its intention to provide the necessary financial support to enable the company to meet its liabilities as they fall due.

The company generates revenue through management charges from a subsidiary company, the directors are satisfied the group has liquid cash reserves that would last in excess of 12 months.

Based on their assessment of these various factors, the directors consider it appropriate to adopt the going concern basis in preparing these financial statements.

3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

CP Plus (International) Limited (Registered number: 07667370)

Notes to the Financial Statements - continued
for the year ended 30 June 2023


4. Fixed asset investments
Shares in
group
undertakings
£
Cost
At 1 July 2022
and 30 June 2023 2,692
Net book value
At 30 June 2023 2,692
At 30 June 2022 2,692

5. Debtors: amounts falling due within one year
2023 2022
£ £
Amounts owed by group undertakings 1,420,103 1,722,943
VAT 3,660 15,787
Deferred tax asset
Tax losses carried forward 71,652 -
1,495,415 1,738,730

6. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 667 21,118
Amounts owed to group undertakings 2,226,886 2,529,726
Social security and other taxes 10,045 3,274
Accruals and deferred income 64,258 42,548
2,301,856 2,596,666

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
15,333 Ordinary 10p 1,533 1,533

8. Reserves
Retained
earnings
£

At 1 July 2022 (794,267 )
Profit for the year 62,435
At 30 June 2023 (731,832 )

9. Disclosure under Section 444(5B) of the Companies Act 2006

The Auditors' Report was unqualified.

Jonathan Moughton (Senior Statutory Auditor)
for and on behalf of Cooper Parry Group Limited

CP Plus (International) Limited (Registered number: 07667370)

Notes to the Financial Statements - continued
for the year ended 30 June 2023


10. Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included in creditors is £2,226,886 (2022 : £2,529,726) owed to companies under common control.

Included in debtors is £1,420,103 (2022: £1,722,943) owed to companies under common control.

11. Ultimate parent undertaking and controlling party

The ultimate parent company at the balance sheet date was Trade TopCo Limited, a company registered in England and Wales and controlled by E A Green and I S Langdon acting in concert.