IRIS Accounts Production v23.4.0.336 04586853 director 1.8.22 31.7.23 31.7.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045868532022-07-31045868532023-07-31045868532022-08-012023-07-31045868532021-07-31045868532021-08-012022-07-31045868532022-07-3104586853ns15:EnglandWales2022-08-012023-07-3104586853ns14:PoundSterling2022-08-012023-07-3104586853ns10:Director12022-08-012023-07-3104586853ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3104586853ns10:SmallEntities2022-08-012023-07-3104586853ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3104586853ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3104586853ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3104586853ns10:FullAccounts2022-08-012023-07-3104586853ns10:OrdinaryShareClass12022-08-012023-07-3104586853ns10:RegisteredOffice2022-08-012023-07-3104586853ns5:CurrentFinancialInstruments2023-07-3104586853ns5:CurrentFinancialInstruments2022-07-3104586853ns5:ShareCapital2023-07-3104586853ns5:ShareCapital2022-07-3104586853ns5:RetainedEarningsAccumulatedLosses2023-07-3104586853ns5:RetainedEarningsAccumulatedLosses2022-07-3104586853ns5:ComputerEquipment2022-08-012023-07-3104586853ns5:ComputerEquipment2022-07-3104586853ns5:ComputerEquipment2023-07-3104586853ns5:ComputerEquipment2022-07-3104586853ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3104586853ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-3104586853ns10:OrdinaryShareClass12023-07-31
















CONTEX UK LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023






CONTEX UK LIMITED (REGISTERED NUMBER: 04586853)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CONTEX UK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: I J Treanor





REGISTERED OFFICE: Oakhurst House
57 Ashbourne Road
Derby
Derbyshire
DE22 3FS





REGISTERED NUMBER: 04586853 (England and Wales)





ACCOUNTANTS: Sibbalds Limited
Chartered Accountants and Business Advisers
Oakhurst House
57 Ashbourne Road
Derby
Derbyshire
DE22 3FS

CONTEX UK LIMITED (REGISTERED NUMBER: 04586853)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 592,079 592,079
592,079 592,079

CURRENT ASSETS
Debtors 6 468 5,175
Cash at bank 89,636 67,306
90,104 72,481
CREDITORS
Amounts falling due within one year 7 364,322 377,765
NET CURRENT LIABILITIES (274,218 ) (305,284 )
TOTAL ASSETS LESS CURRENT LIABILITIES 317,861 286,795

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 317,859 286,793
SHAREHOLDERS' FUNDS 317,861 286,795

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 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.

CONTEX UK LIMITED (REGISTERED NUMBER: 04586853)

BALANCE SHEET - continued
31 JULY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 March 2024 and were signed by:





I J Treanor - Director


CONTEX UK LIMITED (REGISTERED NUMBER: 04586853)

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


1. STATUTORY INFORMATION

Contex UK 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

CONTEX UK LIMITED (REGISTERED NUMBER: 04586853)

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


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern
The financial statements have been prepared on a going concern basis, the applicability of which is dependent upon the continued support of the company's director. The director will continue to support the company for the foreseeable future and it is therefore appropriate to adopt the going concern policy.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 August 2022
and 31 July 2023 1,818
DEPRECIATION
At 1 August 2022
and 31 July 2023 1,818
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 -

5. INVESTMENT PROPERTY
Total
£   
COST
At 1 August 2022
and 31 July 2023 592,079
NET BOOK VALUE
At 31 July 2023 592,079
At 31 July 2022 592,079

Investment properties are included in the balance sheet at cost. The director considers that the valuation at 31 July 2023 would not have been materially different.

CONTEX UK LIMITED (REGISTERED NUMBER: 04586853)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 4,769
Other debtors 468 406
468 5,175

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 72 -
Taxation and social security 9,310 9,293
Other creditors 354,940 368,472
364,322 377,765

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1.00 2 2

9. RELATED PARTY DISCLOSURES

At the year end, £348,902 (2022 - £362,889) was due to the director of the company. This amount is interest-free and repayable on demand.