1 December 2022 false No description of principal activity Taxfiler 2024.5 11701030business:PrivateLimitedCompanyLtd2022-12-012023-11-30 117010302022-11-30 117010302022-12-012023-11-30 11701030business:AuditExemptWithAccountantsReport2022-12-012023-11-30 11701030business:FilletedAccounts2022-12-012023-11-30 117010302023-11-30 11701030business:Director12022-12-012023-11-30 11701030business:RegisteredOffice2022-12-012023-11-30 117010302022-11-30 11701030core:WithinOneYear2023-11-30 11701030core:WithinOneYear2022-11-30 11701030core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 11701030core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 11701030core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 11701030core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 11701030core:PreviouslyStatedAmount2023-11-30 11701030core:PreviouslyStatedAmount2022-11-30 11701030business:SmallEntities2022-12-012023-11-30 11701030countries:EnglandWales2022-12-012023-11-30 11701030core:FurnitureFittings2022-12-012023-11-30 11701030core:ComputerEquipment2022-12-012023-11-30 11701030core:FurnitureFittings2022-11-30 11701030core:ComputerEquipment2022-11-30 11701030core:FurnitureFittings2023-11-30 11701030core:ComputerEquipment2023-11-30 11701030core:AfterOneYear2023-11-30 11701030core:AfterOneYear2022-11-30 117010302021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 11701030 (England and Wales)
CG PERFORMANCE LTD Unaudited accounts for the year ended 30 November 2023
CG PERFORMANCE LTD Unaudited accounts Contents
Page
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CG PERFORMANCE LTD Company Information for the year ended 30 November 2023
Director
Mr C Gooder
Company Number
11701030 (England and Wales)
Registered Office
47 MORTIMER CRESCENT KINGS PARK ST. ALBANS AL3 4GB ENGLAND
Accountants
Kaushik Khiroya, AFA LMK ACCOUNTING LTD THE GATEHOUSE GATEHOUSE WAY AYLESBURY HP19 8DB
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CG PERFORMANCE LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,433 
5,042 
Current assets
Debtors
227 
- 
Cash at bank and in hand
16,764 
53,779 
16,991 
53,779 
Creditors: amounts falling due within one year
(20,858)
(19,659)
Net current (liabilities)/assets
(3,867)
34,120 
Net assets
1,566 
39,162 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
1,564 
39,160 
Shareholders' funds
1,566 
39,162 
For the year ending 30 November 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 22 August 2024 and were signed on its behalf by
Mr C Gooder Director Company Registration No. 11701030
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CG PERFORMANCE LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
CG PERFORMANCE LTD is a private company, limited by shares, registered in England and Wales, registration number 11701030. The registered office is 47 MORTIMER CRESCENT, KINGS PARK, ST. ALBANS, AL3 4GB, ENGLAND.
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.
Turnover
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.
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:
Fixtures & fittings
Reducing balance - 20%
Computer equipment
Reducing balance - 20%
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension 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.
Financial instruments
Financial instruments are classified by the directors as basic or advanced following the condiTions in FRS 102 section 11. Basic financial instruments, which include trade and other receivables and payables, cash and bank balances, are amortised at cost. Advanced financial instruments which include interest rate swap and forward foreign exchange contracts, are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
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CG PERFORMANCE LTD Notes to the Accounts for the year ended 30 November 2023
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
849 
6,907 
7,756 
Additions
- 
1,479 
1,479 
At 30 November 2023
849 
8,386 
9,235 
Depreciation
At 1 December 2022
415 
2,299 
2,714 
Charge for the year
87 
1,001 
1,088 
At 30 November 2023
502 
3,300 
3,802 
Net book value
At 30 November 2023
347 
5,086 
5,433 
At 30 November 2022
434 
4,608 
5,042 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
227 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,786 
- 
Taxes and social security
11,277 
18,607 
Other creditors
145 
75 
Loans from directors
- 
327 
Accruals
6,650 
650 
20,858 
19,659 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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