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REGISTERED NUMBER: 06939186 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

CVOUK Limited

CVOUK Limited (Registered number: 06939186)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


CVOUK Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: K N Baker





SECRETARY: K N Baker





REGISTERED OFFICE: 303 Goring Road
Goring by Sea
Worthing
West Sussex
BN12 4NX





REGISTERED NUMBER: 06939186 (England and Wales)





ACCOUNTANTS: THL Accountancy Ltd
303 Goring Road
Worthing
West Sussex
BN12 4NX

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
CVOUK Limited


The following reproduces the text of the report prepared for the director 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 Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CVOUK Limited for the year ended 30 June 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of CVOUK Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CVOUK Limited and state those matters that we have agreed to state to the director of CVOUK Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CVOUK Limited and its director for our work or for this report.

It is your duty to ensure that CVOUK Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of CVOUK Limited. You consider that CVOUK Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CVOUK Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






THL Accountancy Ltd
303 Goring Road
Worthing
West Sussex
BN12 4NX


29 March 2024

CVOUK Limited (Registered number: 06939186)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 24,600 24,600
Tangible assets 5 26,004 39,133
50,604 63,733

CURRENT ASSETS
Stocks 80,740 7,790
Debtors 6 436 -
Cash at bank 10,170 162,953
91,346 170,743
CREDITORS
Amounts falling due within one year 7 66,685 86,149
NET CURRENT ASSETS 24,661 84,594
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,265

148,327

CREDITORS
Amounts falling due after more than one
year

8

69,275

106,474
NET ASSETS 5,990 41,853

CAPITAL AND RESERVES
Called up share capital 52 52
Retained earnings 5,938 41,801
SHAREHOLDERS' FUNDS 5,990 41,853

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CVOUK Limited (Registered number: 06939186)

Balance Sheet - continued
30 June 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 director and authorised for issue on 28 March 2024 and were signed by:





K N Baker - Director


CVOUK Limited (Registered number: 06939186)

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


1. STATUTORY INFORMATION

CVOUK 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 represents the value of goods and services provided, excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

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 - 5 years straight line
Computer equipment - 4 years straight line

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

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

CVOUK Limited (Registered number: 06939186)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


2. ACCOUNTING POLICIES - continued

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.

Going concern
The directors of the company have confirmed their willingness to continue supporting the company, on this basis the going concern concept has continued to be adopted.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2022
and 30 June 2023 24,600
NET BOOK VALUE
At 30 June 2023 24,600
At 30 June 2022 24,600

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 July 2022 72,772 6,607 79,379
Additions 837 - 837
At 30 June 2023 73,609 6,607 80,216
DEPRECIATION
At 1 July 2022 36,924 3,322 40,246
Charge for year 12,662 1,304 13,966
At 30 June 2023 49,586 4,626 54,212
NET BOOK VALUE
At 30 June 2023 24,023 1,981 26,004
At 30 June 2022 35,848 3,285 39,133

CVOUK Limited (Registered number: 06939186)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 436 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 13,306 9,768
Trade creditors 3,665 16,238
Taxation and social security 17,015 25,474
Other creditors 32,699 34,669
66,685 86,149

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 19,167 29,314
Other creditors 50,108 77,160
69,275 106,474

9. ULTIMATE CONTROLLING PARTY

The controlling party is K N Baker.