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REGISTERED NUMBER: 03422035 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

CITEOFFER LTD

CITEOFFER LTD (REGISTERED NUMBER: 03422035)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CITEOFFER LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: J Gross
O Schreiber
D Schreiber





SECRETARY: Mrs. R Niederman





REGISTERED OFFICE: 147 Stamford Hill
London
N16 5LG





REGISTERED NUMBER: 03422035 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

CITEOFFER LTD (REGISTERED NUMBER: 03422035)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Investments 5 66,443 66,443

CURRENT ASSETS
Debtors 6 10,619,724 10,552,456

CREDITORS
Amounts falling due within one year 7 (1,139,443 ) (1,071,730 )
NET CURRENT ASSETS 9,480,281 9,480,726
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,546,724

9,547,169

CREDITORS
Amounts falling due after more than one
year

8

(809,437

)

(809,437

)
NET ASSETS 8,737,287 8,737,732

CAPITAL AND RESERVES
Called up share capital 9 800 800
Capital redemption reserve 10 200 200
Retained earnings 10 8,736,287 8,736,732
SHAREHOLDERS' FUNDS 8,737,287 8,737,732

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

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

CITEOFFER LTD (REGISTERED NUMBER: 03422035)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 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 Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:





D Schreiber - Director


CITEOFFER LTD (REGISTERED NUMBER: 03422035)

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

1. STATUTORY INFORMATION

Citeoffer Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Going concern
The ultimate shareholders have provided assurances of their continued support. On the basis of these assurances the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the shareholders' support.

4. EMPLOYEES AND DIRECTORS

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 November 2022
and 31 October 2023 66,443
NET BOOK VALUE
At 31 October 2023 66,443
At 31 October 2022 66,443

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 10,619,724 10,552,456

CITEOFFER LTD (REGISTERED NUMBER: 03422035)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 4,948 4,828
Taxation and social security 16,160 16,040
Other creditors 1,118,335 1,050,862
1,139,443 1,071,730

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Other creditors 809,437 809,437

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
800 Ordinary £1 800 800

10. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 November 2022 8,736,732 200 8,736,932
Deficit for the year (445 ) (445 )
At 31 October 2023 8,736,287 200 8,736,487