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REGISTERED NUMBER: 03074312 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

CORPORATE ENGINEERING LIMITED

CORPORATE ENGINEERING LIMITED (REGISTERED NUMBER: 03074312)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CORPORATE ENGINEERING LIMITED

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTORS: Siew Meng Choy
K Chan
G Brown





REGISTERED OFFICE: Culham Mill
Little London Road
Silchester
Berkshire
RG7 2PP





REGISTERED NUMBER: 03074312 (England and Wales)





ACCOUNTANTS: Jeffrey C C Hoong FCCA
Hoong & Company
7 Lorian Close
Woodside Park
London
N12 7DW

CORPORATE ENGINEERING LIMITED (REGISTERED NUMBER: 03074312)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,530 12,539

CURRENT ASSETS
Stocks 5 63,814 54,802
Debtors 6 470,942 407,900
Cash at bank 404,386 478,236
939,142 940,938
CREDITORS
Amounts falling due within one year 7 245,764 300,545
NET CURRENT ASSETS 693,378 640,393
TOTAL ASSETS LESS CURRENT LIABILITIES 705,908 652,932

CAPITAL AND RESERVES
Called up share capital 8 300,000 300,000
Retained earnings 9 405,908 352,932
SHAREHOLDERS' FUNDS 705,908 652,932

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2024 and were signed on its behalf by:





K Chan - Director


CORPORATE ENGINEERING LIMITED (REGISTERED NUMBER: 03074312)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Corporate Engineering Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 10% on cost
Computer equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 10 ) .

4. TANGIBLE FIXED ASSETS
Patterns Fixtures
and Plant and and Computer
moulds machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 - 142,608 27,964 31,258 201,830
Additions 13,995 - - 2,994 16,989
At 31 December 2023 13,995 142,608 27,964 34,252 218,819
DEPRECIATION
At 1 January 2023 - 131,743 27,575 29,973 189,291
Charge for year 11,663 3,910 389 1,036 16,998
At 31 December 2023 11,663 135,653 27,964 31,009 206,289
NET BOOK VALUE
At 31 December 2023 2,332 6,955 - 3,243 12,530
At 31 December 2022 - 10,865 389 1,285 12,539

5. STOCKS
2023 2022
£    £   
Stocks 63,814 54,802

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 441,674 381,921
Other debtors 1,257 -
Prepayments 28,011 25,979
470,942 407,900

CORPORATE ENGINEERING LIMITED (REGISTERED NUMBER: 03074312)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 67,867 75,559
Tax 23,447 23,993
Social security and other taxes 17,237 17,182
VAT 36,774 37,407
Workplace pension 2,171 2,790
Director's loan account - 665
Accrued expenses 98,268 142,949
245,764 300,545

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
300,000 Ordinary £1 300,000 300,000

9. RESERVES
Retained
earnings
£   

At 1 January 2023 352,932
Profit for the year 88,976
Dividends (36,000 )
At 31 December 2023 405,908