Company Registration No. 11081917 (England and Wales)
CGC LDN Limited
Unaudited accounts
for the year ended 31 December 2023
CGC LDN Limited
Unaudited accounts
Contents
CGC LDN Limited
Company Information
for the year ended 31 December 2023
Directors
Clare Louise Cockcroft
Simon Cockcroft
Company Number
11081917 (England and Wales)
Registered Office
114 Kings Road
London
SW3 4TX
United Kingdom
Accountants
Multiply Accountancy Limited
71-75 Shelton Street
London
WC2H 9JQ
CGC LDN Limited
Statement of financial position
as at 31 December 2023
Tangible assets
142,454
55,457
Cash at bank and in hand
219,952
280,205
Creditors: amounts falling due within one year
(426,231)
(284,043)
Net current assets
632,954
494,780
Total assets less current liabilities
775,408
550,237
Provisions for liabilities
Deferred tax
(16,695)
(10,537)
Net assets
758,713
539,700
Called up share capital
100
100
Profit and loss account
758,613
539,600
Shareholders' funds
758,713
539,700
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 directors acknowledge their 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 of Directors and authorised for issue on 9 September 2024 and were signed on its behalf by
Simon Cockcroft
Director
Company Registration No. 11081917
CGC LDN Limited
Notes to the Accounts
for the year ended 31 December 2023
CGC LDN Limited is a private company, limited by shares, registered in England and Wales, registration number 11081917. The registered office is 114 Kings Road, London, SW3 4TX, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
33% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
CGC LDN Limited
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2023
-
31,419
20,745
42,069
94,233
Additions
75,677
-
3,825
26,742
106,244
At 31 December 2023
75,677
31,419
24,570
68,811
200,477
At 1 January 2023
-
17,961
6,661
14,154
38,776
Charge for the year
-
4,442
3,914
10,891
19,247
At 31 December 2023
-
22,403
10,575
25,045
58,023
At 31 December 2023
75,677
9,016
13,995
43,766
142,454
At 31 December 2022
-
13,458
14,084
27,915
55,457
Amounts falling due within one year
Trade debtors
670,285
425,318
Accrued income and prepayments
51,294
58,900
Other debtors
117,654
14,400
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
25,200
21,135
Taxes and social security
288,846
246,527
Other creditors
12,442
12,771
Loans from directors
-
2,110
7
Average number of employees
During the year the average number of employees was 22 (2022: 16).