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Company Registration No. 11063977 (England and Wales)
Cost Verification International Limited Unaudited accounts for the year ended 30 November 2023
Cost Verification International Limited Company Information for the year ended 30 November 2023
Director
Kourtney Ann Gray
Company Number
11063977 (England and Wales)
Registered Office
15 Rockstone Place Southampton SO15 2EP England
Accountants
Best Solutions Consulting Ltd 100 Bollo Lane London W4 5LX
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Cost Verification International Limited Statement of financial position as at 30 November 2023
2023 
Notes
£ 
Current assets
Debtors
707,672 
Cash at bank and in hand
996 
708,668 
Creditors: amounts falling due within one year
(783,507)
Net current liabilities
(74,839)
Net liabilities
(74,839)
Capital and reserves
Profit and loss account
(74,839)
Shareholders' funds
(74,839)
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 30 August 2024 and were signed on its behalf by
Kourtney Ann Gray Director Company Registration No. 11063977
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Cost Verification International Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Cost Verification International Limited is a private company, limited by shares, registered in England and Wales, registration number 11063977. The registered office is 15 Rockstone Place, Southampton, SO15 2EP, 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
These financial statements for the year ended 30 November 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
£ 
Amounts falling due within one year
VAT
11,417 
Trade debtors
683,755 
Accrued income and prepayments
12,500 
707,672 
5
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
727,477 
Other creditors
58,000 
Loans from directors
(1,970)
783,507 
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Cost Verification International Limited Notes to the Accounts for the year ended 30 November 2023
6
Average number of employees
During the year the average number of employees was 1.
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