South Eastern CVR Limited |
Registered Number:04315159 |
For the year ended 30 September 2023
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2023
South Eastern CVR Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
South Eastern CVR Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
18,902
22,349
3
18,902
22,349
95,485
96,807
4
Trade and other receivables |
196,080
183,330
5
190,989
Cash and cash equivalents |
180,429
460,566
482,554
Trade and other payables: amounts falling due within one |
year |
(314,358)
(303,798)
6
168,196
156,768
Net current assets
Total assets less current liabilities |
175,670
190,545
Trade and other payables: amounts falling due after more |
than one year |
(186,357)
(173,607)
7
2,063
Net assets
4,188
2
2
2,061
4,186
2,063
4,188
Shareholders' funds
For the year ended 30 September 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Nanindurjit Gill Director |
These financial statements were approved and authorised for issue by the Board on 23 November 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 September 2023
South Eastern CVR Limited
Notes to the Financial Statements
Statutory Information
South Eastern CVR Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 04315159. |
Ensign Estate
Tank Lane Botany Way
Purfleet
Essex
RM19 1TB
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years. |
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable. |
Property, plant and equipment
Tangible fixed assets, 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: |
Land and buildings
Plant and machinery
Motor vehicles
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected |
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation |
would be immaterial. The directors undertake an annual impairment review of these properties. |
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding. |
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For the year ended 30 September 2023
South Eastern CVR Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
15,000
15,000
15,000
15,000
-
-
3. Property, plant and equipment |
Motor vehicles
214,878
16,227
128,368
63,283
7,000
63,283
128,368
16,227
214,878
7,000
Provision for depreciation and impairment |
192,529
10,493
124,106
50,930
7,000
Charge for year
3,447
1,147
1,065
1,235
-
195,976
11,640
125,171
52,165
7,000
-
11,118
3,197
4,587
18,902
-
12,353
4,262
5,734
22,349
2022
2023
96,807
95,485
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For the year ended 30 September 2023
South Eastern CVR Limited
Notes to the Financial Statements Continued
5. Trade and other receivables |
2022
2023
182,580
195,330
750
750
196,080
183,330
6. Trade and other payables: amounts falling due within one year |
2022
2023
Bank loans and overdraft (secured) |
38,085
50,585
84,422
60,532
Taxation and social security |
171,845
189,345
9,446
13,896
303,798
314,358
7. Trade and other payables: amounts falling due after more than one year |
2022
2023
173,607
186,357
8. Average number of persons employed |
During the year the average number of employees was 11 (2022 : 12)
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