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REGISTERED NUMBER: 04453393 (England and Wales)














Unaudited Financial Statements for the Year Ended 30 June 2024

for

CHANGE 2 LIMITED

CHANGE 2 LIMITED (REGISTERED NUMBER: 04453393)






Contents of the Financial Statements
for the year ended 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHANGE 2 LIMITED

Company Information
for the year ended 30 JUNE 2024







DIRECTORS: C S Ware
J W Harris





SECRETARY: C S Ware





REGISTERED OFFICE: Thistle Down Barn
Holcot Lane
Sywell
Northampton
Northamptonshire
NN6 0BG





REGISTERED NUMBER: 04453393 (England and Wales)





ACCOUNTANT: Elsby & Co
155 Wellingborough Road
Rushden
Northamptonshire
NN10 9TB

CHANGE 2 LIMITED (REGISTERED NUMBER: 04453393)

Balance Sheet
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 29,149 24,723

CURRENT ASSETS
Stocks 5 - 1,821
Debtors 6 20,113 17,517
Cash at bank 15,383 871
35,496 20,209
CREDITORS
Amounts falling due within one year 7 51,376 41,580
NET CURRENT LIABILITIES (15,880 ) (21,371 )
TOTAL ASSETS LESS CURRENT LIABILITIES 13,269 3,352

CREDITORS
Amounts falling due after more than one
year

8

(4,363

)

(9,281

)

PROVISIONS FOR LIABILITIES (6,040 ) (4,697 )
NET ASSETS/(LIABILITIES) 2,866 (10,626 )

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Retained earnings 1,866 (11,626 )
SHAREHOLDERS' FUNDS 2,866 (10,626 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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.

CHANGE 2 LIMITED (REGISTERED NUMBER: 04453393)

Balance Sheet - continued
30 JUNE 2024


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 21 February 2025 and were signed on its behalf by:




J W Harris - Director



C S Ware - Director


CHANGE 2 LIMITED (REGISTERED NUMBER: 04453393)

Notes to the Financial Statements
for the year ended 30 JUNE 2024

1. STATUTORY INFORMATION

Change 2 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.

In respect of long-term contracts and contracts for ongoing services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for ongoing services is recognised by reference to the stage of completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicle - 25% on cost
Computer equipment - 25% on reducing balance

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
stock to its present location and condition.

3. EMPLOYEES

The average number of employees during the year was NIL (2023 - NIL).

CHANGE 2 LIMITED (REGISTERED NUMBER: 04453393)

Notes to the Financial Statements - continued
for the year ended 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicle equipment Totals
£    £    £    £   
COST
At 1 July 2023 8,783 13,843 169,762 192,388
Additions - - 17,665 17,665
Disposals - - (7,926 ) (7,926 )
At 30 June 2024 8,783 13,843 179,501 202,127
DEPRECIATION
At 1 July 2023 8,484 13,843 145,338 167,665
Charge for year 75 - 10,522 10,597
Eliminated on disposal - - (5,284 ) (5,284 )
At 30 June 2024 8,559 13,843 150,576 172,978
NET BOOK VALUE
At 30 June 2024 224 - 28,925 29,149
At 30 June 2023 299 - 24,424 24,723

5. STOCKS
2024 2023
£    £   
Work-in-progress - 1,821

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 16,476 -
Other debtors 3,637 17,517
20,113 17,517

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,000 4,000
Trade creditors 23,762 23,618
Taxation and social security 2,979 143
Other creditors 20,635 13,819
51,376 41,580

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 4,363 9,281

CHANGE 2 LIMITED (REGISTERED NUMBER: 04453393)

Notes to the Financial Statements - continued
for the year ended 30 JUNE 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000