2 false false false false false false false false false false true false false false false false false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 708 708 157 157 551 xbrli:pure xbrli:shares iso4217:GBP 12353096 2023-01-01 2023-12-31 12353096 2023-12-31 12353096 2022-12-31 12353096 2022-01-01 2022-12-31 12353096 2022-12-31 12353096 2021-12-31 12353096 core:PlantMachinery 2023-01-01 2023-12-31 12353096 bus:Director1 2023-01-01 2023-12-31 12353096 core:PlantMachinery 2023-12-31 12353096 core:WithinOneYear 2023-12-31 12353096 core:WithinOneYear 2022-12-31 12353096 core:ShareCapital 2023-12-31 12353096 core:ShareCapital 2022-12-31 12353096 core:RetainedEarningsAccumulatedLosses 2023-12-31 12353096 core:RetainedEarningsAccumulatedLosses 2022-12-31 12353096 bus:SmallEntities 2023-01-01 2023-12-31 12353096 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 12353096 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12353096 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12353096 bus:FullAccounts 2023-01-01 2023-12-31
COMPANY REGISTRATION NUMBER: 12353096
Conexus Capital Limited
Filleted Unaudited Financial Statements
31 December 2023
Conexus Capital Limited
Statement of Financial Position
31 December 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
5
551
Current assets
Debtors
6
110,758
7,674
Cash at bank and in hand
16,244
407
---------
-------
127,002
8,081
Creditors: amounts falling due within one year
7
140,416
11,126
---------
--------
Net current liabilities
13,414
3,045
--------
-------
Total assets less current liabilities
( 12,863)
( 3,045)
--------
-------
Net liabilities
( 12,863)
( 3,045)
--------
-------
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 12,963)
( 3,145)
--------
-------
Shareholder deficit
( 12,863)
( 3,045)
--------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Conexus Capital Limited
Statement of Financial Position (continued)
31 December 2023
These financial statements were approved by the board of directors and authorised for issue on 11 September 2024 , and are signed on behalf of the board by:
Mr R Dowling
Director
Company registration number: 12353096
Conexus Capital Limited
Notes to the Financial Statements
Year ended 31 December 2023
1. General information
The company commenced trading on 1st January 2021.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant, Machinery & Equipment
-
33% straight line
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
5. Tangible assets
Plant and machinery
Total
£
£
Cost
At 1 January 2023
Additions
708
708
----
----
At 31 December 2023
708
708
----
----
Depreciation
At 1 January 2023
Charge for the year
157
157
----
----
At 31 December 2023
157
157
----
----
Carrying amount
At 31 December 2023
551
551
----
----
At 31 December 2022
----
----
6. Debtors
2023
2022
£
£
Trade debtors
10,000
Amounts owed by group undertakings and undertakings in which the company has a participating interest
85,414
7,574
Other debtors
15,344
100
---------
-------
110,758
7,674
---------
-------
7. Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
77,125
975
Amounts owed to group undertakings and undertakings in which the company has a participating interest
5,000
1,680
Social security and other taxes
43,655
6,204
Other creditors
14,636
2,267
---------
--------
140,416
11,126
---------
--------