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Company Registration No. 06239330 (England and Wales)
Cording IT Solutions Limited Unaudited accounts for the year ended 31 May 2024
Cording IT Solutions Limited Unaudited accounts Contents
Page
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Cording IT Solutions Limited Company Information for the year ended 31 May 2024
Director
Mr P Cording
Company Number
06239330 (England and Wales)
Registered Office
83 Lakeside CARDIFF CF23 6DE
Accountants
Munn Accounting Ltd 2 Garnlydan Farm Garnlydan Ebbw Vale Gwent NP23 5HA
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Cording IT Solutions Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,940 
28,412 
Current assets
Debtors
25,200 
12,540 
Cash at bank and in hand
139,282 
152,861 
164,482 
165,401 
Creditors: amounts falling due within one year
(23,718)
(22,860)
Net current assets
140,764 
142,541 
Total assets less current liabilities
159,704 
170,953 
Creditors: amounts falling due after more than one year
(3,961)
(11,429)
Net assets
155,743 
159,524 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
155,742 
159,523 
Shareholders' funds
155,743 
159,524 
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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 29 January 2025 and were signed on its behalf by
Mr P Cording Director Company Registration No. 06239330
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Cording IT Solutions Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Cording IT Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 06239330. The registered office is 83 Lakeside, CARDIFF, CF23 6DE.
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 rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
25% Straight Line
Computer equipment
20% Straight Line
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 June 2023
45,591 
At 31 May 2024
45,591 
Depreciation
At 1 June 2023
17,179 
Charge for the year
9,472 
At 31 May 2024
26,651 
Net book value
At 31 May 2024
18,940 
At 31 May 2023
28,412 
5
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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Cording IT Solutions Limited Notes to the Accounts for the year ended 31 May 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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