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REGISTERED NUMBER: 14939370 (England and Wales)















CELF LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 15TH JUNE 2023 TO 30TH JUNE 2024






CELF LIMITED (REGISTERED NUMBER: 14939370)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 15TH JUNE 2023 TO 30TH JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CELF LIMITED

COMPANY INFORMATION
FOR THE PERIOD 15TH JUNE 2023 TO 30TH JUNE 2024







DIRECTORS: Ms C J Billinge
Mrs M A Shorey





REGISTERED OFFICE: 2 Roath Park
Bangor Street
Cardiff
CF24 3NA





REGISTERED NUMBER: 14939370 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

CELF LIMITED (REGISTERED NUMBER: 14939370)

BALANCE SHEET
30TH JUNE 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 39,555

CURRENT ASSETS
Debtors 5 6,586
Cash at bank and in hand 43,271
49,857
CREDITORS
Amounts falling due within one year 6 69,769
NET CURRENT LIABILITIES (19,912 )
TOTAL ASSETS LESS CURRENT LIABILITIES 19,643

PROVISIONS FOR LIABILITIES 4,188
NET ASSETS 15,455

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 15,355
15,455

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13th February 2025 and were signed on its behalf by:




Ms C J Billinge - Director



Mrs M A Shorey - Director


CELF LIMITED (REGISTERED NUMBER: 14939370)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 15TH JUNE 2023 TO 30TH JUNE 2024


1. STATUTORY INFORMATION

Celf Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 10% straight line on cost
Fixtures and fittings - 25% on reducing balance and Straight line over 7 years

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

CELF LIMITED (REGISTERED NUMBER: 14939370)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 15TH JUNE 2023 TO 30TH JUNE 2024


4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
Additions 36,311 7,679 43,990
At 30th June 2024 36,311 7,679 43,990
DEPRECIATION
Charge for period 2,924 1,511 4,435
At 30th June 2024 2,924 1,511 4,435
NET BOOK VALUE
At 30th June 2024 33,387 6,168 39,555

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Improvement
to
property
£   
COST
Additions 36,311
At 30th June 2024 36,311
DEPRECIATION
Charge for period 2,924
At 30th June 2024 2,924
NET BOOK VALUE
At 30th June 2024 33,387

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 3,247
Other debtors 3,339
6,586

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 2,748
Other creditors 67,021
69,769

Other creditors includes £65,871 of monies repayable to the two directors.