Converged Networks Ltd 09863209 true 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is IT Consultancy Digita Accounts Production Advanced 6.30.9574.0 true A D Santos true 09863209 2022-12-01 2023-11-30 09863209 2023-11-30 09863209 bus:OrdinaryShareClass1 2023-11-30 09863209 core:ShareCapital 2023-11-30 09863209 core:CurrentFinancialInstruments 2023-11-30 09863209 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 09863209 bus:FRS102 2022-12-01 2023-11-30 09863209 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 09863209 bus:FullAccounts 2022-12-01 2023-11-30 09863209 bus:RegisteredOffice 2022-12-01 2023-11-30 09863209 bus:CompanySecretaryDirector1 2022-12-01 2023-11-30 09863209 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 09863209 bus:EntityNoLongerTradingButTradedInPast 2022-12-01 2023-11-30 09863209 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 09863209 countries:AllCountries 2022-12-01 2023-11-30 09863209 2022-11-30 09863209 bus:OrdinaryShareClass1 2022-11-30 09863209 core:ShareCapital 2022-11-30 09863209 core:CurrentFinancialInstruments 2022-11-30 09863209 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 09863209

Converged Networks Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2023

 

Converged Networks Ltd

Profit and Loss Account for the Year Ended 30 November 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Converged Networks Ltd

(Registration number: 09863209)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Current assets

 

Debtors

3

100

100

Capital and reserves

 

Called up share capital

4

100

100

Shareholders' funds

 

100

100

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

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

The director acknowledges his 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.

Approved and authorised by the director on 5 July 2024
 

.........................................
A D Santos
Company secretary and director

 

Converged Networks Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

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

The address of its registered office is:
22 Read Street
Swindon
Wiltshire
SN1 5HJ

These financial statements were authorised for issue by the director on 5 July 2024.

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 were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the United Kingdom 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.

Going concern

The financial statements have been prepared on a going concern basis.

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:

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Converged Networks Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Debtors

Current

2023
£

2022
£

Other debtors

100

100

 

100

100

4

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100