Company Registration No. 11370609 (England and Wales)
C.V. A.C Limited
Unaudited accounts
for the year ended 31 May 2024
C.V. A.C Limited
Unaudited accounts
Contents
C.V. A.C Limited
Company Information
for the year ended 31 May 2024
Directors
Islam Mansour Alokla
mohammed Mansour Alokla
Company Number
11370609 (England and Wales)
Registered Office
Unit 32-34
Fourth Way
Wembley
England
HA9 0LH
United Kingdom
Accountants
KM Accountancy Services Ltd
1000
Great West Rd
United Business Centre
Brentford, London
TW8 9DW
C.V. A.C Limited
Statement of financial position
as at 31 May 2024
Tangible assets
136,322
132,573
Inventories
35,000
110,000
Cash at bank and in hand
24,386
20,998
Creditors: amounts falling due within one year
(50,098)
(45,690)
Net current assets
29,997
126,403
Total assets less current liabilities
166,319
258,976
Creditors: amounts falling due after more than one year
(30,486)
(125,065)
Net assets
135,833
133,911
Profit and loss account
135,833
133,911
Shareholders' funds
135,833
133,911
For the year ending 31 May 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 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 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 of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by
mohammed Mansour Alokla
Director
Company Registration No. 11370609
C.V. A.C Limited
Notes to the Accounts
for the year ended 31 May 2024
C.V. A.C Limited is a private company, limited by shares, registered in England and Wales, registration number 11370609. The registered office is Unit 32-34, Fourth Way , Wembley, England , HA9 0LH, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Straight line basis
Motor vehicles
20% Straight line basis
Fixtures & fittings
20% Straight line basis
Computer equipment
20% Straight line basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
144,905
13,000
3,971
161,876
Additions
27,000
15,720
-
42,720
At 31 May 2024
171,905
28,720
3,971
204,596
At 1 June 2023
28,531
433
339
29,303
Charge for the year
33,481
4,696
794
38,971
At 31 May 2024
62,012
5,129
1,133
68,274
At 31 May 2024
109,893
23,591
2,838
136,322
At 31 May 2023
116,374
12,567
3,632
132,573
C.V. A.C Limited
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
20,709
41,095
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
20,000
5,107
Obligations under finance leases and hire purchase contracts
8,458
8,160
Trade creditors
21,640
28,730
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
22,486
30,944
Taxes and social security
-
16,351
8
Average number of employees
During the year the average number of employees was 8 (2023: 6).