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Company Registration No. 07530401 (England and Wales)
Cipi Limited Unaudited accounts for the year ended 31 March 2024
Cipi Limited Unaudited accounts Contents
Page
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Cipi Limited Company Information for the year ended 31 March 2024
Director
C. Chelsau
Company Number
07530401 (England and Wales)
Registered Office
THE CHEQUERS 51 LONDON ROAD WEST AMERSHAM BUCKINGHAMSHIRE HP7 9DA
Accountants
Express Accounts 61 Albert Street Rugby CV21 2SN
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Cipi Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
28,890 
33,033 
Current assets
Inventories
4,201 
4,491 
Cash at bank and in hand
123,375 
141,728 
127,576 
146,219 
Creditors: amounts falling due within one year
(88,758)
(103,087)
Net current assets
38,818 
43,132 
Net assets
67,708 
76,165 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
67,608 
76,065 
Shareholders' funds
67,708 
76,165 
For the year ending 31 March 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 December 2024 and were signed on its behalf by
C. Chelsau Director Company Registration No. 07530401
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Cipi Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Cipi Limited is a private company, limited by shares, registered in England and Wales, registration number 07530401. The registered office is THE CHEQUERS, 51 LONDON ROAD WEST, AMERSHAM, BUCKINGHAMSHIRE, HP7 9DA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following reducing balance rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
28,882 
33,836 
62,718 
Additions
3,941 
- 
3,941 
At 31 March 2024
32,823 
33,836 
66,659 
Depreciation
At 1 April 2023
21,226 
8,459 
29,685 
Charge for the year
1,740 
6,344 
8,084 
At 31 March 2024
22,966 
14,803 
37,769 
Net book value
At 31 March 2024
9,857 
19,033 
28,890 
At 31 March 2023
7,656 
25,377 
33,033 
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Cipi Limited Notes to the Accounts for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
35,739 
42,514 
VAT
4,764 
5,667 
Obligations under finance leases and hire purchase contracts
34,248 
37,591 
Trade creditors
761 
3,257 
Taxes and social security
6,494 
3,280 
Loans from directors
6,752 
10,778 
88,758 
103,087 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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