IRIS Accounts Production v24.2.0.383 14967625 Board of Directors Board of Directors 28.6.23 31.12.23 31.12.23 false true false false true false Ordinary shares 1.00000 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh149676252023-06-27149676252023-12-31149676252023-06-282023-12-31149676252023-06-2714967625ns15:EnglandWales2023-06-282023-12-3114967625ns14:PoundSterling2023-06-282023-12-3114967625ns10:Director12023-06-282023-12-3114967625ns10:Director22023-06-282023-12-3114967625ns10:PrivateLimitedCompanyLtd2023-06-282023-12-3114967625ns10:SmallEntities2023-06-282023-12-3114967625ns10:AuditExempt-NoAccountantsReport2023-06-282023-12-3114967625ns10:SmallCompaniesRegimeForDirectorsReport2023-06-282023-12-3114967625ns10:SmallCompaniesRegimeForAccounts2023-06-282023-12-3114967625ns10:FullAccounts2023-06-282023-12-3114967625ns10:OrdinaryShareClass12023-06-282023-12-31149676251ns10:OrdinaryShareClass12023-06-282023-12-3114967625ns10:Director52023-06-282023-12-3114967625ns10:CompanySecretary12023-06-282023-12-3114967625ns10:RegisteredOffice2023-06-282023-12-3114967625ns5:CurrentFinancialInstruments2023-12-3114967625ns5:ShareCapital2023-12-3114967625ns5:RetainedEarningsAccumulatedLosses2023-12-3114967625ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3114967625ns10:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 14967625 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

28 JUNE 2023 TO 31 DECEMBER 2023

FOR

CANTOR SET LTD

CANTOR SET LTD (REGISTERED NUMBER: 14967625)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 28 JUNE 2023 TO 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CANTOR SET LTD

COMPANY INFORMATION
FOR THE PERIOD 28 JUNE 2023 TO 31 DECEMBER 2023







Directors: T J M J Paulic
B Ackley
N A Eiseman





Secretary: Vistra Cosec Limited





Registered office: First Floor, Templeback
10 Temple Back
Bristol
BS1 6FL





Registered number: 14967625 (England and Wales)






CANTOR SET LTD (REGISTERED NUMBER: 14967625)

BALANCE SHEET
31 DECEMBER 2023

Notes £   
CURRENT ASSETS
Debtors 4 926,707
Cash at bank 313,309
1,240,016
CREDITORS
Amounts falling due within one year 5 (1,186,686 )
NET CURRENT ASSETS 53,330
TOTAL ASSETS LESS CURRENT
LIABILITIES

53,330

CAPITAL AND RESERVES
Called up share capital 6 100
Retained earnings 53,230
SHAREHOLDERS' FUNDS 53,330

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

The members have not required the company to obtain an audit of its financial statements for the period 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 6 November 2024 and were signed on its behalf by:




T J M J Paulic - Director



N A Eiseman - Director


CANTOR SET LTD (REGISTERED NUMBER: 14967625)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 28 JUNE 2023 TO 31 DECEMBER 2023

1. STATUTORY INFORMATION

Cantor Set Ltd 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.

The company's functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents amounts charged to the Company's parent under a sales and marketing agreement, excluding value added tax. Turnover is recognised when chargeable costs are incurred.

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities
Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

CANTOR SET LTD (REGISTERED NUMBER: 14967625)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 28 JUNE 2023 TO 31 DECEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 926,707

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 14,549
Taxation and social security 325,468
Other creditors 846,669
1,186,686

6. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares shares of £1 each were allotted at par during the period.

7. ULTIMATE CONTROLLING PARTY

The company's immediate and ultimate parent company is Diameter Holdings LLC, an entity incorporated in the state of Delaware, United States of America.