Conferan Limited 07280128 false 2022-07-01 2023-06-30 2023-06-30 The principal activity of the company is Wireless telecommunications activities, information technology consultancy activities, management consultancy activities other than financial management and other specialist photography Digita Accounts Production Advanced 6.30.9574.0 true true 07280128 2022-07-01 2023-06-30 07280128 2023-06-30 07280128 bus:OrdinaryShareClass1 2023-06-30 07280128 core:CurrentFinancialInstruments 2023-06-30 07280128 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 07280128 core:FurnitureFittingsToolsEquipment 2023-06-30 07280128 bus:SmallEntities 2022-07-01 2023-06-30 07280128 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 07280128 bus:FullAccounts 2022-07-01 2023-06-30 07280128 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 07280128 bus:RegisteredOffice 2022-07-01 2023-06-30 07280128 bus:Director1 2022-07-01 2023-06-30 07280128 bus:Director2 2022-07-01 2023-06-30 07280128 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 07280128 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 07280128 core:FurnitureFittings 2022-07-01 2023-06-30 07280128 core:FurnitureFittingsToolsEquipment 2022-07-01 2023-06-30 07280128 core:OfficeEquipment 2022-07-01 2023-06-30 07280128 countries:EnglandWales 2022-07-01 2023-06-30 07280128 2022-06-30 07280128 core:FurnitureFittingsToolsEquipment 2022-06-30 07280128 2021-07-01 2022-06-30 07280128 2022-06-30 07280128 bus:OrdinaryShareClass1 2022-06-30 07280128 core:CurrentFinancialInstruments 2022-06-30 07280128 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 07280128 core:FurnitureFittingsToolsEquipment 2022-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 07280128

Conferan Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2023

 

Conferan Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Conferan Limited

Company Information

Directors

Hilary Anne Wilton

Mr Raymond Wilton

Registered office

1 Badgers Ridge
Newbury
Berkshire
RG20 0LQ

Accountants

EJBC Chartered Accountants
2 Toomers Wharf
Canal Walk
Newbury
Berkshire
RG14 1DY

 

Conferan Limited

(Registration number: 07280128)
Balance Sheet as at 30 June 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

3

2,086

2,756

Current assets

 

Debtors

395

395

Cash at bank and in hand

 

87,943

89,080

 

88,338

89,475

Creditors: Amounts falling due within one year

(1,345)

(1,060)

Net current assets

 

86,993

88,415

Net assets

 

89,079

91,171

Capital and reserves

 

Called up share capital

100

100

Retained earnings

88,979

91,071

Shareholders' funds

 

89,079

91,171

For the financial year ending 30 June 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 accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 2 February 2024 and signed on its behalf by:
 

.........................................
Mr Raymond Wilton
Director

 

Conferan Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

25% Reducing balance

Fixtures and fittings

25% Reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Conferan Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

3

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 July 2022

11,212

11,212

At 30 June 2023

11,212

11,212

Depreciation

At 1 July 2022

8,431

8,431

Charge for the year

695

695

At 30 June 2023

9,126

9,126

Carrying amount

At 30 June 2023

2,086

2,086

At 30 June 2022

2,756

2,756

 

Conferan Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2023

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary Share Capital of £1 each

100

100

100

100