CEXN LIMITED

Company Registration Number:
11899652 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

CEXN LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

CEXN LIMITED

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The director shown below has held office during the whole of the period from
1 April 2023 to 31 March 2024

Christine Johnson


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 November 2024

And signed on behalf of the board by:
Name: Christine Johnson
Status: Director

CEXN LIMITED

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 8,118,525 5,108,765
Cost of sales: ( 5,654,861 ) ( 3,667,434 )
Gross profit(or loss): 2,463,664 1,441,331
Distribution costs: ( 212,588 ) ( 154,106 )
Administrative expenses: ( 654,117 ) ( 311,089 )
Operating profit(or loss): 1,596,959 976,136
Profit(or loss) before tax: 1,596,959 976,136
Tax: ( 375,985 ) ( 156,182 )
Profit(or loss) for the financial year: 1,220,974 819,954

CEXN LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,214,147 718,273
Total fixed assets: 1,214,147 718,273
Current assets
Stocks: 4 1,844,262 563,741
Debtors: 5 1,352,988 730,293
Cash at bank and in hand: 198,315 373,570
Total current assets: 3,395,565 1,667,604
Creditors: amounts falling due within one year: 6 ( 751,254 ) ( 248,392 )
Net current assets (liabilities): 2,644,311 1,419,212
Total assets less current liabilities: 3,858,458 2,137,485
Total net assets (liabilities): 3,858,458 2,137,485
Capital and reserves
Called up share capital: 500,000 1
Profit and loss account: 3,358,458 2,137,484
Total Shareholders' funds: 3,858,458 2,137,485

The notes form part of these financial statements

CEXN LIMITED

Balance sheet statements

For the year ending 31 March 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.

This report was approved by the board of directors on 29 November 2024
and signed on behalf of the board by:

Name: Christine Johnson
Status: Director

The notes form part of these financial statements

CEXN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

CEXN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 24 15

CEXN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 497,735 69,749 51,203 59,870 194,211 872,768
Additions 206,003 21,254 68,985 139,857 254,012 690,111
Disposals
Revaluations
Transfers
At 31 March 2024 703,738 91,003 120,188 199,727 448,223 1,562,879
Depreciation
At 1 April 2023 17,654 29,831 41,860 65,150 154,495
Charge for year 18,200 24,037 39,945 112,055 194,237
On disposals
Other adjustments
At 31 March 2024 35,854 53,868 81,805 177,205 348,732
Net book value
At 31 March 2024 703,738 55,149 66,320 117,922 271,018 1,214,147
At 31 March 2023 497,735 52,095 21,372 18,010 129,061 718,273

CEXN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Stocks

2024 2023
£ £
Stocks 1,844,262 563,741
Total 1,844,262 563,741

CEXN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 1,352,988 730,293
Total 1,352,988 730,293

CEXN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 299,400 92,210
Taxation and social security 451,854 156,182
Total 751,254 248,392