5 01/01/2023 31/12/2023 2023-12-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-01-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 06352368 2023-01-01 2023-12-31 06352368 2023-12-31 06352368 2022-12-31 06352368 2022-01-01 2022-12-31 06352368 2022-12-31 06352368 2021-12-31 06352368 bus:Director1 2023-01-01 2023-12-31 06352368 bus:Director2 2023-01-01 2023-12-31 06352368 core:WithinOneYear 2023-12-31 06352368 core:WithinOneYear 2022-12-31 06352368 core:AfterOneYear 2023-12-31 06352368 core:AfterOneYear 2022-12-31 06352368 bus:Director1 2023-12-31 06352368 bus:Director1 2022-12-31 06352368 bus:Director2 2023-12-31 06352368 bus:Director2 2022-12-31 06352368 bus:Micro-entities 2023-01-01 2023-12-31 06352368 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06352368 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 06352368 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 06352368 bus:FullAccounts 2023-01-01 2023-12-31
Company registration number: 06352368
COMPANY DEBT LTD
Unaudited filleted financial statements
31 December 2023
COMPANY DEBT LTD
Contents
Statement of financial position and notes to the financial statements
COMPANY DEBT LTD
Statement of financial position
31 December 2023
£ £
Fixed assets 588 883
_______ _______
Current assets 69,688 70,195
Creditors: amounts falling due within one year ( 37,230) ( 41,947)
_______ _______
Net current assets 32,458 28,248
_______ _______
Total assets less current liabilities 33,046 29,131
Creditors: amounts falling due after more than one year ( 12,214) ( 20,754)
Accruals and deferred income ( 3,415) ( 6,250)
_______ _______
Net assets 17,417 2,127
_______ _______
Capital and reserves 17,417 2,127
_______ _______
Notes to the financial statements
COMPANY DEBT LTD
Year ended 31 December 2023
1. Employee numbers
The average number of persons employed by the company during the year amounted to 5 (2022: 5 ).
2. Directors advances, credits and guarantees
Balance brought forward and o/standing Balance brought forward and o/standing
Year Year
ended ended
£ £
Mr M J Smith 300 300
Mr A J Smith 1,909 1,909
_______ _______
2,209 2,209
_______ _______
3. Other debtors
Other debtors of £55,000 is owed by AABRS Limited as part-payment for past work completed for ABBRS Limited. Given the current economic climate and the dependency on the company, the Board of Directors decided to allow the company time to pay with the situation being reviewed quarterly.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 10 July 2024 , and are signed on behalf of the board by:
Mr M J Smith
Director
Company registration number: 06352368
The company is a private company limited by shares, registered in England. The address of the registered office is Company Debt Limited, 4 Staples Hill, Partridge Green, HORSHAM, West Sussex, RH13 8LE.