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REGISTERED NUMBER: 10379022 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Cg Engineering Services Limited

Cg Engineering Services Limited (Registered number: 10379022)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Cg Engineering Services Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs M E Giles
Mr K Giles





REGISTERED OFFICE: Unit 4 Whitworth Road
Armstrong Industrial Estate
Washington
Tyne and Wear





REGISTERED NUMBER: 10379022 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

Cg Engineering Services Limited (Registered number: 10379022)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 50,116 40,863

CURRENT ASSETS
Stocks 3,780 2,860
Debtors 5 441,724 192,655
Cash at bank 45,536 165,420
491,040 360,935
CREDITORS
Amounts falling due within one year 6 215,718 129,582
NET CURRENT ASSETS 275,322 231,353
TOTAL ASSETS LESS CURRENT
LIABILITIES

325,438

272,216

CREDITORS
Amounts falling due after more than
one year

7

34,864

30,311
NET ASSETS 290,574 241,905

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 290,571 241,902
SHAREHOLDERS' FUNDS 290,574 241,905

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Cg Engineering Services Limited (Registered number: 10379022)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 February 2024 and were signed on its behalf by:





Mr K Giles - Director


Cg Engineering Services Limited (Registered number: 10379022)

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

1. STATUTORY INFORMATION

Cg Engineering Services 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 14 (2022 - 13 ) .

Cg Engineering Services Limited (Registered number: 10379022)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£ £ £ £
COST
At 1 January 2023 11,173 77,255 1,026 89,454
Additions - 25,029 - 25,029
At 31 December 2023 11,173 102,284 1,026 114,483
DEPRECIATION
At 1 January 2023 4,509 43,669 413 48,591
Charge for year 999 14,654 123 15,776
At 31 December 2023 5,508 58,323 536 64,367
NET BOOK VALUE
At 31 December 2023 5,665 43,961 490 50,116
At 31 December 2022 6,664 33,586 613 40,863

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Trade debtors 385,757 166,750
Other debtors 3,676 5,543
VAT 51,903 19,341
Prepayments 388 1,021
441,724 192,655

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£ £
Bank loans and overdrafts 23,278 10,800
Hire purchase contracts 9,445 8,753
Trade creditors 153,274 74,562
Tax 17,022 28,552
Social security and other taxes 10,685 -
Other creditors 564 483
Directors' loan accounts 260 5,796
Accruals and deferred income 1,190 636
215,718 129,582

Cg Engineering Services Limited (Registered number: 10379022)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£ £
Bank loans 14,167 23,061
Hire purchase contracts 20,697 7,250
34,864 30,311

Cg Engineering Services Limited

Report of the Accountants to the Directors of
Cg Engineering Services Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2023 set out on pages one to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


1 February 2024