2023-01-01 07668908 2023-12-31 07668908 2023-01-01 2023-12-31 07668908 2022-12-31 07668908 2022-07-01 2022-12-31 07668908 uk-core:WithinOneYear 2022-12-31 07668908 uk-core:WithinOneYear 2023-12-31 07668908 uk-core:ShareCapital 2023-12-31 07668908 uk-core:ShareCapital 2022-12-31 07668908 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 07668908 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 07668908 uk-bus:Director1 2023-01-01 2023-12-31 07668908 uk-core:ToolsEquipment 2023-01-01 2023-12-31 07668908 uk-core:FurnitureFittings 2023-01-01 2023-12-31 07668908 uk-core:ToolsEquipment 2022-12-31 07668908 uk-core:FurnitureFittings 2022-12-31 07668908 uk-core:FurnitureFittings 2023-12-31 07668908 uk-core:ToolsEquipment 2023-12-31 07668908 uk-core:WithinOneYear 2023-12-31 07668908 uk-core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure 07668908 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 07668908 uk-bus:FRS102 2023-01-01 2023-12-31 07668908 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 07668908 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Connected Discovery Ltd
Registered Number:07668908
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Connected Discovery Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07668908
As at 31 December 2023
Connected Discovery Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,980
1,454
2
1,980
1,454
Current assets
Trade and other receivables
140
140
3
3,032
Cash and cash equivalents
24,102
24,242
3,172
Trade and other payables: amounts falling due within one
year
(3,087)
(13,768)
4
85
10,474
Net current assets
Total assets less current liabilities
12,454
1,539
12,454
Net assets
1,539
Capital and reserves
Called up share capital
2
2
Retained earnings
12,452
1,537
12,454
1,539
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Bryn Ivor Williams-Jones Director
These financial statements were approved and authorised for issue by the Board on 29 August 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 December 2023
Connected Discovery Ltd
Notes to the Financial Statements
Statutory Information
Connected Discovery Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 07668908.
Registered address:
Unit 4 Murston Business Centre
Norman Road
Ashford
Kent
TN23 7AD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
33.33 Straight line
Computer equipment
25 Straight line
Fixtures and fittings
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 January 2023
12,521
12,293
228
1,185
1,185
-
Additions
At 31 December 2023
228
13,478
13,706
Provision for depreciation and impairment
At 01 January 2023
11,067
10,841
226
Charge for year
659
659
-
At 31 December 2023
11,726
11,500
226
At 31 December 2023
Net book value
2
1,978
1,980
At 31 December 2022
2
1,452
1,454
2 of 3
5
For the year ended 31 December 2023
Connected Discovery Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Other debtors
140
140
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
593
1,828
Trade creditors
(1)
-
Taxation and social security
5,517
705
Other creditors
7,659
554
13,768
3,087
5. Average number of persons employed
During the year the average number of employees was 0
3 of 3