CEC Physio And Racing Limited 13533628 false 2022-08-01 2023-11-30 2023-11-30 The principal activity of the company is Physio for animals Digita Accounts Production Advanced 6.30.9574.0 true 13533628 2022-08-01 2023-11-30 13533628 2023-11-30 13533628 core:RetainedEarningsAccumulatedLosses 2023-11-30 13533628 core:ShareCapital 2023-11-30 13533628 core:CurrentFinancialInstruments 2023-11-30 13533628 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 13533628 core:FurnitureFittingsToolsEquipment 2023-11-30 13533628 core:LandBuildings 2023-11-30 13533628 core:OtherPropertyPlantEquipment 2023-11-30 13533628 bus:SmallEntities 2022-08-01 2023-11-30 13533628 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-11-30 13533628 bus:FullAccounts 2022-08-01 2023-11-30 13533628 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-11-30 13533628 bus:RegisteredOffice 2022-08-01 2023-11-30 13533628 bus:Director1 2022-08-01 2023-11-30 13533628 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-11-30 13533628 core:FurnitureFittingsToolsEquipment 2022-08-01 2023-11-30 13533628 core:LandBuildings 2022-08-01 2023-11-30 13533628 core:OtherPropertyPlantEquipment 2022-08-01 2023-11-30 13533628 core:PlantMachinery 2022-08-01 2023-11-30 13533628 1 2022-08-01 2023-11-30 13533628 countries:EnglandWales 2022-08-01 2023-11-30 13533628 2022-07-31 13533628 core:FurnitureFittingsToolsEquipment 2022-07-31 13533628 core:LandBuildings 2022-07-31 13533628 core:OtherPropertyPlantEquipment 2022-07-31 13533628 2021-07-27 2022-07-31 13533628 2022-07-31 13533628 core:RetainedEarningsAccumulatedLosses 2022-07-31 13533628 core:ShareCapital 2022-07-31 13533628 core:CurrentFinancialInstruments 2022-07-31 13533628 core:CurrentFinancialInstruments core:WithinOneYear 2022-07-31 13533628 core:FurnitureFittingsToolsEquipment 2022-07-31 13533628 core:LandBuildings 2022-07-31 13533628 core:OtherPropertyPlantEquipment 2022-07-31 iso4217:GBP xbrli:pure

Registration number: 13533628

CEC Physio And Racing Limited

Unaudited Financial Statements

for the Period from 1 August 2022 to 30 November 2023

 

CEC Physio And Racing Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

CEC Physio And Racing Limited

(Registration number: 13533628)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

136,358

4,135

Current assets

 

Debtors

5

25,446

76,805

Cash at bank and in hand

 

107

257

 

25,553

77,062

Creditors: Amounts falling due within one year

6

(152,101)

(69,955)

Net current (liabilities)/assets

 

(126,548)

7,107

Total assets less current liabilities

 

9,810

11,242

Provisions for liabilities

(1,178)

(785)

Net assets

 

8,632

10,457

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

8,532

10,357

Shareholders' funds

 

8,632

10,457

For the financial period ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

 

CEC Physio And Racing Limited

(Registration number: 13533628)
Balance Sheet as at 30 November 2023

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and Directors' Report has been taken.

Approved and authorised by the director on 30 July 2024
 

.........................................
C L Ellam
Director

 

CEC Physio And Racing Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2022 to 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Lostford Manor, The Stables
Mickley
Tern Hill
Market Drayton
TF9 3QW

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Disclosure of long or short period

This accounting period has been extended from year ended 31 July 2023 to 16 month period ending 30 November 2024.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

CEC Physio And Racing Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2022 to 30 November 2023

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Property

not depreciated

Furniture, fittings and equipment

25% reducing balance

Plant and machinery

25% reducing balance

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1 (2022 - 1).

 

CEC Physio And Racing Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2022 to 30 November 2023

4

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 August 2022

-

5,513

-

5,513

Additions

89,758

-

45,750

135,508

At 30 November 2023

89,758

5,513

45,750

141,021

Depreciation

At 1 August 2022

-

1,378

-

1,378

Charge for the period

-

1,378

1,907

3,285

At 30 November 2023

-

2,756

1,907

4,663

Carrying amount

At 30 November 2023

89,758

2,757

43,843

136,358

At 31 July 2022

-

4,135

-

4,135

Included within the net book value of land and buildings above is £89,758 (2022 - £Nil) in respect of freehold land and buildings.
 

5

Debtors

Note

2023
£

2022
£

Amounts owed by group undertakings and undertakings in which the company has a participating interest

-

75,264

Other debtors

 

25,446

1,541

 

25,446

76,805

 

CEC Physio And Racing Limited

Notes to the Unaudited Financial Statements for the Period from 1 August 2022 to 30 November 2023

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Amounts owed to group undertakings and undertakings in which the company has a participating interest

34,330

-

Taxation and social security

 

435

2,937

Accruals and deferred income

 

4,414

9,574

Other creditors

 

112,922

57,444

 

152,101

69,955