IRIS Accounts Production v24.1.0.578 02729293 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh027292932022-07-31027292932023-07-31027292932022-08-012023-07-31027292932021-07-31027292932021-08-012022-07-31027292932022-07-3102729293ns15:EnglandWales2022-08-012023-07-3102729293ns14:PoundSterling2022-08-012023-07-3102729293ns10:Director12022-08-012023-07-3102729293ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3102729293ns10:SmallEntities2022-08-012023-07-3102729293ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3102729293ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3102729293ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3102729293ns10:FullAccounts2022-08-012023-07-3102729293ns10:Director22022-08-012023-07-3102729293ns10:Director32022-08-012023-07-3102729293ns10:Director42022-08-012023-07-3102729293ns10:CompanySecretary12022-08-012023-07-3102729293ns10:RegisteredOffice2022-08-012023-07-3102729293ns5:CurrentFinancialInstruments2023-07-3102729293ns5:CurrentFinancialInstruments2022-07-3102729293ns5:ShareCapital2023-07-3102729293ns5:ShareCapital2022-07-3102729293ns5:RetainedEarningsAccumulatedLosses2023-07-3102729293ns5:RetainedEarningsAccumulatedLosses2022-07-3102729293ns5:PlantMachinery2022-08-012023-07-3102729293ns5:FurnitureFittings2022-08-012023-07-3102729293ns5:MotorVehicles2022-08-012023-07-3102729293ns5:ComputerEquipment2022-08-012023-07-3102729293ns5:LandBuildings2022-07-3102729293ns5:PlantMachinery2022-07-3102729293ns5:LandBuildings2022-08-012023-07-3102729293ns5:LandBuildings2023-07-3102729293ns5:PlantMachinery2023-07-3102729293ns5:LandBuildings2022-07-3102729293ns5:PlantMachinery2022-07-3102729293ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3102729293ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31
REGISTERED NUMBER: 02729293 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

CLASS 100 LIMITED

CLASS 100 LIMITED (REGISTERED NUMBER: 02729293)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CLASS 100 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: A Brown
A Brown
E Thouless
C Brown





SECRETARY: A Brown





REGISTERED OFFICE: Units 31-33
London Road Industrial Estate
Baldock
Hertfordshire
SG7 6NG





REGISTERED NUMBER: 02729293 (England and Wales)






CLASS 100 LIMITED (REGISTERED NUMBER: 02729293)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 126,210 148,610

CURRENT ASSETS
Debtors 5 30,457 33,189
Cash at bank 46,466 37,642
76,923 70,831
CREDITORS
Amounts falling due within one year 6 32,995 35,452
NET CURRENT ASSETS 43,928 35,379
TOTAL ASSETS LESS CURRENT
LIABILITIES

170,138

183,989

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 169,938 183,789
170,138 183,989

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

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

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 16 April 2024 and were signed on its behalf by:





A Brown - Director


CLASS 100 LIMITED (REGISTERED NUMBER: 02729293)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

Class 100 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
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% on reducing balance

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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

CLASS 100 LIMITED (REGISTERED NUMBER: 02729293)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1 August 2022 5,780 503,863 509,643
Additions - 441 441
At 31 July 2023 5,780 504,304 510,084
DEPRECIATION
At 1 August 2022 - 361,033 361,033
Charge for year - 22,841 22,841
At 31 July 2023 - 383,874 383,874
NET BOOK VALUE
At 31 July 2023 5,780 120,430 126,210
At 31 July 2022 5,780 142,830 148,610

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 26,575 23,617
Other debtors 3,882 9,572
30,457 33,189

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 5,842 7,637
Taxation and social security 18,491 16,516
Other creditors 8,662 11,299
32,995 35,452