C & E RECOVERY LIMITED

Company Registration Number:
06561122 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 October 2022

End date: 30 September 2023

C & E RECOVERY LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Notes

C & E RECOVERY LIMITED

Balance sheet

As at 30 September 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 5,617 6,960
Total fixed assets: 5,617 6,960
Current assets
Stocks: 6,900 12,000
Debtors: 4 89,483 93,966
Cash at bank and in hand: 1,401 7,010
Total current assets: 97,784 112,976
Creditors: amounts falling due within one year: 5 (225,036) (187,134)
Net current assets (liabilities): (127,252) (74,158)
Total assets less current liabilities: (121,635) (67,198)
Creditors: amounts falling due after more than one year: 6 (47,010) (47,010)
Total net assets (liabilities): (168,645) (114,208)
Capital and reserves
Called up share capital: 2,000 2,000
Profit and loss account: (170,645) (116,208)
Shareholders funds: (168,645) (114,208)

The notes form part of these financial statements

C & E RECOVERY LIMITED

Balance sheet statements

For the year ending 30 September 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 10 September 2024
and signed on behalf of the board by:

Name: Mr C Thomas
Status: Director

The notes form part of these financial statements

C & E RECOVERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.

Tangible fixed assets and depreciation policy

Property, plant and equipment, 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: Plant & machinery 25% Reducing balance

Other accounting policies

Hire purchase and leasing Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.

C & E RECOVERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

2. Employees

2023 2022
Average number of employees during the period 8 11

C & E RECOVERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible Assets

Total
Cost £
At 01 October 2022 26,085
At 30 September 2023 26,085
Depreciation
At 01 October 2022 19,125
Charge for year 1,343
At 30 September 2023 20,468
Net book value
At 30 September 2023 5,617
At 30 September 2022 6,960

C & E RECOVERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Debtors

Trade debtors £70,265 (2022: £65,706). Other debtors £19,218 (2022: £28,260).

C & E RECOVERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Creditors: amounts falling due within one year note

Bank loans and overdraft £1,539 (2022: £1,500) Taxation and social security £192,625 (2022: £148,619) Other creditors £30,872 (2022: £37,015)

C & E RECOVERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

6. Creditors: amounts falling due after more than one year note

Bank loans and overdraft £47,010 (2022: £47,010)

C & E RECOVERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

7. Financial commitments

At 30 September 2023 the company had annual commitments under non-cancellable operating leases as set out below: Operating leases which expire: Within 1 year £6,662 (2022: £nil) Within 2 to 5 years £39,697 (2022: £46,320)

C & E RECOVERY LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

8. Loans to directors

Name of director receiving advance or credit: Mr C Thomas
Description of the loan: Directors loan
£
Balance at 01 October 2022 926
Advances or credits repaid: 926
Balance at 30 September 2023 0