Company Registration No. 08448640 (England and Wales)
C & N LOCUMS LIMITED
Unaudited accounts
for the year ended 31 March 2024
C & N LOCUMS LIMITED
Unaudited accounts
Contents
C & N LOCUMS LIMITED
Company Information
for the year ended 31 March 2024
Directors
N D M Whitfield
C J Whitfield
Company Number
08448640 (England and Wales)
Registered Office
DANLEY LODGE CHURCH LANE
WELBY
GRANTHAM
NG32 3LS
Accountants
Reliance Tax Advisers
20B Market Place
Grantham
Lincolnshire
NG31 6LP
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
C & N LOCUMS LIMITED
for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
C & N LOCUMS LIMITED for the year ended
31 March 2024 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of C & N LOCUMS LIMITED, as a body, in accordance with the terms of our engagement letter dated 17 September 2023. Our work has been undertaken solely to prepare for your approval the accounts of C & N LOCUMS LIMITED and state those matters that we have agreed to state to the Board of Directors of C & N LOCUMS LIMITED, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than C & N LOCUMS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that C & N LOCUMS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of C & N LOCUMS LIMITED. You consider that C & N LOCUMS LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of C & N LOCUMS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Reliance Tax Advisers
Chartered Certified Accountants
20B Market Place
Grantham
Lincolnshire
NG31 6LP
29 June 2024
C & N LOCUMS LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
4,287
4,240
Cash at bank and in hand
30,732
40,947
Creditors: amounts falling due within one year
(6,017)
(30,234)
Net current assets
33,868
16,699
Called up share capital
100
100
Profit and loss account
38,055
20,839
Shareholders' funds
38,155
20,939
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 August 2024 and were signed on its behalf by
N D M Whitfield
Director
Company Registration No. 08448640
C & N LOCUMS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
C & N LOCUMS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08448640. The registered office is DANLEY LODGE CHURCH LANE, WELBY, GRANTHAM, NG32 3LS.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The directors continue to adopt the going concern basis in preparing the financial statements which assumes that the company will continue in operation for the foreseeable future.
C & N LOCUMS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
3,360
3,000
6,360
At 31 March 2024
3,610
6,000
9,610
At 1 April 2023
1,120
1,000
2,120
Charge for the year
1,203
2,000
3,203
At 31 March 2024
2,323
3,000
5,323
At 31 March 2024
1,287
3,000
4,287
At 31 March 2023
2,240
2,000
4,240
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
5,552
4,524
7
Average number of employees
During the year the average number of employees was 3 (2023: 3).