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Registered number: 07953746

CFC Enterprises Limited

ACCOUNTS
FOR THE YEAR ENDED 29/02/2024

Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

CFC Enterprises Limited

ACCOUNTS
FOR THE YEAR ENDED 29/02/2024
DIRECTORS
John Cowper
REGISTERED OFFICE
5 The Hollies
Wellingborough
Northants
NN8 3GA
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07953746
ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

CFC Enterprises Limited

ACCOUNTS
FOR THEYEARENDED29/02/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

CFC Enterprises Limited

BALANCE SHEET AT 29/02/2024
20242023
Notes££
CURRENT ASSETS
Stock3,5005,250
Debtors376-
Cash at bank and in hand212620
3,7885,870
CREDITORS: Amounts falling due within one year446,31538,285
NET CURRENT LIABILITIES(42,527)(32,415)
TOTAL ASSETS LESS CURRENT LIABILITIES(42,527)(32,415)
CAPITAL AND RESERVES
Called up share capital611
Profit and loss account(42,528)(32,416)
SHAREHOLDERS' FUNDS(42,527)(32,415)
For the year ending 29/02/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 26/11/2024 and signed on their behalf by
.............................
John Cowper
Director

CFC Enterprises Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 29/02/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Going Concern
These financial statements have been prepared on the going concern basis despite the fact that liabilities exceed assets. The directors have provided an undertaking to support the company financially until it returns to a net asset position.
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. STOCK 20242023
££
Stock comprises:
Stock3,5005,250
3,5005,250
3. DEBTORS 20242023
££
Amounts falling due within one year
VAT76-
76-

CFC Enterprises Limited

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
VAT-58
Directors current account43,88636,801
Trade creditors1,254306
Accruals1,1751,120
46,31538,285
5. EMPLOYEES
20242023
No.No.
Average number of employees11
6. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
7. CONTROLLING PARTY
The company is controlled by Mr J Cowper.