Acorah Software Products - Accounts Production 16.0.110 false true true 30 November 2022 1 December 2021 false 1 December 2022 31 January 2024 31 January 2024 07075555 Mr Christopher Sprinz iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07075555 2022-11-30 07075555 2024-01-31 07075555 2022-12-01 2024-01-31 07075555 frs-core:CurrentFinancialInstruments 2024-01-31 07075555 frs-core:ComputerEquipment 2024-01-31 07075555 frs-core:ComputerEquipment 2022-12-01 2024-01-31 07075555 frs-core:ComputerEquipment 2022-11-30 07075555 frs-core:ShareCapital 2024-01-31 07075555 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 07075555 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2024-01-31 07075555 frs-bus:FilletedAccounts 2022-12-01 2024-01-31 07075555 frs-bus:SmallEntities 2022-12-01 2024-01-31 07075555 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2024-01-31 07075555 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2024-01-31 07075555 frs-bus:Director1 2022-12-01 2024-01-31 07075555 frs-core:CurrentFinancialInstruments 1 2024-01-31 07075555 frs-countries:EnglandWales 2022-12-01 2024-01-31 07075555 2021-11-30 07075555 2022-11-30 07075555 2021-12-01 2022-11-30 07075555 frs-core:CurrentFinancialInstruments 2022-11-30 07075555 frs-core:ShareCapital 2022-11-30 07075555 frs-core:RetainedEarningsAccumulatedLosses 2022-11-30 07075555 frs-core:CurrentFinancialInstruments 1 2022-11-30
Registered number: 07075555
CGSprinz Limited
Unaudited Financial Statements
For the Period 1 December 2022 to 31 January 2024
Wilkinson Accounting Solutions Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07075555
31 January 2024 30 November 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 31 31
31 31
CURRENT ASSETS
Stocks 5 550,000 550,000
Debtors 6 1,278,878 1,232,025
Investments 7 817,324 767,314
Cash at bank and in hand 44,452 126,656
2,690,654 2,675,995
Creditors: Amounts Falling Due Within One Year 8 (1,945,344 ) (1,941,198 )
NET CURRENT ASSETS (LIABILITIES) 745,310 734,797
TOTAL ASSETS LESS CURRENT LIABILITIES 745,341 734,828
NET ASSETS 745,341 734,828
CAPITAL AND RESERVES
Called up share capital 9 600,100 600,100
Profit and Loss Account 145,241 134,728
SHAREHOLDERS' FUNDS 745,341 734,828
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Page 2
For the period ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Christopher Sprinz
Director
31/10/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
CGSprinz Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07075555 . The registered office is Stuart House-East Wing, St. Johns Street, Peterborough, PE1 5DD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 18% Reducing Balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5.
Trade Creditors
Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts Payable are classified as current liabilities if the company does not have an unconditional right at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade Debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1 (2022: 1)
1 1
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4. Tangible Assets
Computer Equipment
£
Cost
As at 1 December 2022 1,445
As at 31 January 2024 1,445
Depreciation
As at 1 December 2022 1,414
As at 31 January 2024 1,414
Net Book Value
As at 31 January 2024 31
As at 1 December 2022 31
5. Stocks
31 January 2024 30 November 2022
£ £
Stock 550,000 550,000
6. Debtors
31 January 2024 30 November 2022
£ £
Due within one year
Loans to other companies 676,775 644,226
V Sprinz 491,103 476,799
Interco Account Servisdent Ltd 111,000 111,000
1,278,878 1,232,025
7. Current Asset Investments
31 January 2024 30 November 2022
£ £
Unlisted investments 817,324 767,314
8. Creditors: Amounts Falling Due Within One Year
31 January 2024 30 November 2022
£ £
Accruals 8,058 3,912
Loans from other Companies 232,929 232,929
Director's loan account 1,704,357 1,704,357
1,945,344 1,941,198
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9. Share Capital
31 January 2024 30 November 2022
£ £
Allotted, Called up and fully paid 600,100 600,100
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