CER Communications Limited 05502153 false 2023-06-29 2024-06-28 2024-06-28 The principal activity of the company is the provision of information technology consultancy. Digita Accounts Production Advanced 6.30.9574.0 true true 05502153 2023-06-29 2024-06-28 05502153 2024-06-28 05502153 bus:OrdinaryShareClass1 2024-06-28 05502153 core:RetainedEarningsAccumulatedLosses 2024-06-28 05502153 core:ShareCapital 2024-06-28 05502153 core:CurrentFinancialInstruments 2024-06-28 05502153 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-28 05502153 core:Non-currentFinancialInstruments 2024-06-28 05502153 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-28 05502153 core:FurnitureFittingsToolsEquipment 2024-06-28 05502153 bus:SmallEntities 2023-06-29 2024-06-28 05502153 bus:AuditExemptWithAccountantsReport 2023-06-29 2024-06-28 05502153 bus:FilletedAccounts 2023-06-29 2024-06-28 05502153 bus:SmallCompaniesRegimeForAccounts 2023-06-29 2024-06-28 05502153 bus:RegisteredOffice 2023-06-29 2024-06-28 05502153 bus:Director2 2023-06-29 2024-06-28 05502153 bus:Director3 2023-06-29 2024-06-28 05502153 bus:OrdinaryShareClass1 2023-06-29 2024-06-28 05502153 bus:PrivateLimitedCompanyLtd 2023-06-29 2024-06-28 05502153 bus:Agent1 2023-06-29 2024-06-28 05502153 core:FurnitureFittingsToolsEquipment 2023-06-29 2024-06-28 05502153 core:OfficeEquipment 2023-06-29 2024-06-28 05502153 countries:England 2023-06-29 2024-06-28 05502153 2023-06-28 05502153 core:FurnitureFittingsToolsEquipment 2023-06-28 05502153 2022-06-29 2023-06-28 05502153 2023-06-28 05502153 bus:OrdinaryShareClass1 2023-06-28 05502153 core:RetainedEarningsAccumulatedLosses 2023-06-28 05502153 core:ShareCapital 2023-06-28 05502153 core:CurrentFinancialInstruments 2023-06-28 05502153 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-28 05502153 core:Non-currentFinancialInstruments 2023-06-28 05502153 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-28 05502153 core:FurnitureFittingsToolsEquipment 2023-06-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 05502153

CER Communications Limited

Unaudited Filleted Financial Statements

for the Year Ended 28 June 2024

 

CER Communications Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Financial Statements

5 to 9

 

CER Communications Limited

Company Information

Directors

Mr G Cassidy

Mr CA Edwards

Registered office

34 Beaufort Avenue
Bispham
Blackpool
FY2 9HG

Accountants

Crossley & Davis Chartered Accountants
Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
CER Communications Limited
for the Year Ended 28 June 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of CER Communications Limited for the year ended 28 June 2024 as set out on pages 3 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of CER Communications Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of CER Communications Limited and state those matters that we have agreed to state to the Board of Directors of CER Communications Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CER Communications Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that CER Communications Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of CER Communications Limited. You consider that CER Communications Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of CER Communications Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Crossley & Davis Chartered Accountants
Ground Floor, Seneca House
Links Point, Amy Johnson Way
Blackpool
Lancashire
FY4 2FF

9 January 2025

 

CER Communications Limited

(Registration number: 05502153)
Balance Sheet as at 28 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

1,894

2,525

Current assets

 

Debtors

5

46,095

71,146

Cash at bank and in hand

 

31,265

12,622

 

77,360

83,768

Creditors: Amounts falling due within one year

6

(57,133)

(61,129)

Net current assets

 

20,227

22,639

Total assets less current liabilities

 

22,121

25,164

Creditors: Amounts falling due after more than one year

6

(21,351)

(24,165)

Provisions for liabilities

(360)

(480)

Net assets

 

410

519

Capital and reserves

 

Called up share capital

7

100

100

Retained earnings

310

419

Shareholders' funds

 

410

519

For the financial year ending 28 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

 

CER Communications Limited

(Registration number: 05502153)
Balance Sheet as at 28 June 2024

Approved and authorised by the Board on 9 January 2025 and signed on its behalf by:
 

.........................................
Mr CA Edwards
Director

 

CER Communications Limited

Notes to the Financial Statements for the Year Ended 28 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
34 Beaufort Avenue
Bispham
Blackpool
FY2 9HG

These financial statements were authorised for issue by the Board on 9 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

CER Communications Limited

Notes to the Financial Statements for the Year Ended 28 June 2024

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture , fittings and equipment

25% Reducing balance

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.

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.

 

CER Communications Limited

Notes to the Financial Statements for the Year Ended 28 June 2024

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 creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

CER Communications Limited

Notes to the Financial Statements for the Year Ended 28 June 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 29 June 2023

27,443

27,443

At 28 June 2024

27,443

27,443

Depreciation

At 29 June 2023

24,918

24,918

Charge for the year

631

631

At 28 June 2024

25,549

25,549

Carrying amount

At 28 June 2024

1,894

1,894

At 28 June 2023

2,525

2,525

5

Debtors

Current

2024
£

2023
£

Trade debtors

10,197

13,385

Prepayments

-

299

Other debtors

35,898

57,462

 

46,095

71,146

 

CER Communications Limited

Notes to the Financial Statements for the Year Ended 28 June 2024

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

7,500

7,500

Trade creditors

 

919

4,862

Taxation and social security

 

9,929

7,089

Accruals and deferred income

 

38,785

41,678

 

57,133

61,129

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

21,351

24,165

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

       

8

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

21,351

24,165

Current loans and borrowings

2024
£

2023
£

Bank borrowings

7,500

7,500