Registered Number:08387836 |
For the year ended 28 February 2024
England and Wales
Unaudited Financial Statements
For the year ended 28 February 2024
C I Refurbishments Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
C I Refurbishments Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
328,356
296,261
2
328,356
296,261
500,000
750,000
3
Trade and other receivables |
415,546
237,873
4
306,449
Cash and cash equivalents |
56,443
1,044,316
1,221,995
Trade and other payables: amounts falling due within one |
year |
(1,186,409)
(1,141,378)
5
35,586
(97,062)
Net current liabilities
Total assets less current liabilities |
231,294
331,847
Trade and other payables: amounts falling due after more |
than one year |
(36,439)
(27,131)
6
204,163
Net assets
295,408
100
100
204,063
295,308
204,163
295,408
Shareholders' funds
For the year ended 28 February 2024 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 28 February 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his 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. |
Steven Mark Graham Director |
Mark Anthony Deere Director |
These financial statements were approved and authorised for issue by the Board on 20 November 2024 and were signed by: |
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For the year ended 28 February 2024
C I Refurbishments Ltd
Statement of Financial Position Continued
The notes form part of these financial statements |
2 of 5
For the year ended 28 February 2024
C I Refurbishments Ltd
Notes to the Financial Statements
Statutory Information
C I Refurbishments Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 08387836. |
Unit 2, St James Court
Bridgnorth Road
Wollaston
West Midlands
DY8 3QG
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. |
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: |
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.
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For the year ended 28 February 2024
C I Refurbishments Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
330,224
4,370
-
308,604
17,250
50,000
-
50,000
-
-
308,604
50,000
4,370
380,224
17,250
Provision for depreciation and impairment |
33,963
1,573
-
29,112
3,278
Charge for year
17,905
559
-
15,949
1,397
51,868
2,132
-
45,061
4,675
12,575
263,543
50,000
2,238
328,356
13,972
279,492
-
2,797
296,261
2023
2024
750,000
500,000
4. Trade and other receivables |
2023
2024
216,061
393,734
21,812
21,812
415,546
237,873
5. Trade and other payables: amounts falling due within one year |
2023
2024
874,354
607,605
Taxation and social security |
108,313
386,754
158,711
192,050
1,141,378
1,186,409
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For the year ended 28 February 2024
C I Refurbishments Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
27,131
36,439
-
-
27,131
36,439
7. Average number of persons employed |
During the year the average number of employees was 7 (2023 : 6)
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