Company No:
Contents
Note | 30.04.2024 | |
£ | ||
Fixed assets | ||
Investments | 3 |
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1,842,170 | ||
Creditors: amounts falling due within one year | 4 | (
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Net current liabilities | (305,908) | |
Total assets less current liabilities | 1,536,262 | |
Creditors: amounts falling due after more than one year | 5 | (
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Net assets |
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Reserves | ||
Profit and loss account |
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Total reserves |
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Directors' responsibilities:
The financial statements of CCL (Norwich) Limited (registered number:
Mr K Gessner
Director |
Mr R Panter
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
CCL (Norwich) Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 69-75 69-75 Thorpe Road, 2nd Floor East Wing, Norwich, NR1 1UA, England, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Income Statement as described below.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Investments
Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through the Income Statement. Where fair value cannot be measured reliably, investments are measured at cost less impairment.
Period from 24.01.2023 to 30.04.2024 |
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Number | |
Monthly average number of persons employed by the Company during the period, including directors |
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Investments in subsidiaries
30.04.2024 | |
£ | |
Cost | |
At 24 January 2023 | 0 |
Additions |
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At 30 April 2024 |
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Carrying value at 30 April 2024 |
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30.04.2024 | |
£ | |
Other loans |
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30.04.2024 | |
£ | |
Other loans |
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The members of the CCL (Norwich) Limited have undertaken to contribute a sum not exceeding £1 each to meet the liabilities of the Company if it should be wound up.