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Company Registration No. 02640257 (England and Wales)
CEREAL TECHNOLOGY LIMITED Unaudited accounts for the year ended 31 December 2023
CEREAL TECHNOLOGY LIMITED Unaudited accounts Contents
Page
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CEREAL TECHNOLOGY LIMITED Company Information for the year ended 31 December 2023
Director
J P Palewicz
Company Number
02640257 (England and Wales)
Registered Office
JUBILEE HOUSE NOTTINGHAM ROAD BASFORD NOTTINGHAM NG7 7BT
Accountants
williams lester accountants ltd 12 Cwrt Y Parc, Earlswood Road Llanishen Cardiff Cardiff CF14 5GH
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CEREAL TECHNOLOGY LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,337 
4,171 
Current assets
Inventories
5,100 
21,120 
Debtors
1,459 
19,160 
Cash at bank and in hand
8,454 
8,843 
15,013 
49,123 
Creditors: amounts falling due within one year
15,504 
17,197 
Net current assets
30,517 
66,320 
Net assets
33,854 
70,491 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
33,754 
70,391 
Shareholders' funds
33,854 
70,491 
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 11 August 2024 and were signed on its behalf by
J P Palewicz Director Company Registration No. 02640257
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CEREAL TECHNOLOGY LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
CEREAL TECHNOLOGY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02640257. The registered office is JUBILEE HOUSE, NOTTINGHAM ROAD, BASFORD NOTTINGHAM, NG7 7BT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
15,740 
4,970 
20,710 
At 31 December 2023
15,740 
4,970 
20,710 
Depreciation
At 1 January 2023
12,774 
3,765 
16,539 
Charge for the year
593 
241 
834 
At 31 December 2023
13,367 
4,006 
17,373 
Net book value
At 31 December 2023
2,373 
964 
3,337 
At 31 December 2022
2,966 
1,205 
4,171 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,459 
19,160 
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CEREAL TECHNOLOGY LIMITED Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
127 
5,655 
Trade creditors
197 
1,794 
Taxes and social security
- 
175 
Loans from directors
(16,925)
(25,918)
Accruals
1,097 
1,097 
(15,504)
(17,197)
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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