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REGISTERED NUMBER: 04525739 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

CE FINANCE (BEVERLEY) LIMITED

CE FINANCE (BEVERLEY) LIMITED (REGISTERED NUMBER: 04525739)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CE FINANCE (BEVERLEY) LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTOR: B N Stenson





REGISTERED OFFICE: Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF





REGISTERED NUMBER: 04525739 (England and Wales)





ACCOUNTANTS: Sowerby
Chartered Accountants
Beckside Court
Annie Reed Road
Beverley
East Yorkshire
HU17 0LF

CE FINANCE (BEVERLEY) LIMITED (REGISTERED NUMBER: 04525739)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 4 47,322 99,831
Cash at bank 76,884 39,992
124,206 139,823
CREDITORS
Amounts falling due within one year 5 81,047 90,034
NET CURRENT ASSETS 43,159 49,789
TOTAL ASSETS LESS CURRENT
LIABILITIES

43,159

49,789

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 43,158 49,788
SHAREHOLDERS' FUNDS 43,159 49,789

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 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.

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 16 February 2024 and were signed by:




B N Stenson - Director


CE FINANCE (BEVERLEY) LIMITED (REGISTERED NUMBER: 04525739)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

CE Finance (Beverley) Limited is a private company, limited by shares, incorporated and domiciled in England. The company's registered number is 04525739 and its registered office address is Beckside Court, Annie Reed Road, Beverley, East Yorkshire, HU17 0LF. The principal place of business is 450 Chanterlands Avenue, Hull, HU5 4BL.

The financial statements are presented in Sterling, which is the functional currency of the company and cover the individual entity only.

The principal activity of the company is that of the renting and leasing of machinery and equipment.

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.

Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

The directors, having taken into the factors discussed above as well as the uncertainties of the current economic environment, have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Financial instruments
All financial instruments are measured at amortised cost.

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.

CE FINANCE (BEVERLEY) LIMITED (REGISTERED NUMBER: 04525739)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023


2. ACCOUNTING POLICIES - continued

Impairment of financial assets
Financial assets are assessed for indicators of impairment at the end of each reporting period. Financial assets are considered to be impaired when there is objective evidence that, as a result of one or more events that have occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been affected.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Other debtors 37,620 52,719

Amounts falling due after more than one year:
Other debtors 9,702 47,112

Aggregate amounts 47,322 99,831

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 541 1,826
Other creditors 80,506 88,208
81,047 90,034

6. RELATED PARTY DISCLOSURES

Included within other creditors is a loan to the company from the director, B N Stenson. The balance outstanding at 31 December 2023 was £78,581. (2022: £83,777).

The loan was made on an interest free basis and is repayable on demand.