Company No:
Contents
DIRECTOR | R J Goring (Appointed 22 February 2023) |
REGISTERED OFFICE | Wiston Estate Office Steyning Road |
Wiston | |
Steyning | |
BN44 3DD | |
United Kingdom |
COMPANY NUMBER | 14681168 (England and Wales) |
ACCOUNTANT | Evelyn Partners LLP |
Stonecross | |
Trumpington High Street | |
Cambridge | |
CB2 9SU |
Note | 31.03.2024 | |
£ | ||
Fixed assets | ||
Tangible assets | 3 |
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457,060 | ||
Current assets | ||
Debtors | 4 |
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Cash at bank and in hand |
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1,675,921 | ||
Creditors: amounts falling due within one year | 5 | (
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Net current liabilities | (576,298) | |
Total assets less current liabilities | (119,238) | |
Net liabilities | (
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Capital and reserves | ||
Called-up share capital |
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Profit and loss account | (
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Total shareholders' deficit | (
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Director's responsibilities:
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of CG 1801 Ltd (registered number:
R J Goring
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
CG 1801 Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hitchcock House, Hilltop Park, Devizes Road, Salisbury, SP3 4UF, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The functional currency of CG 1801 Ltd is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.
These financial statements are separate financial statements.
The Company was incorporated on 22nd February 2023 and commenced trading at this date.
The financial statements have been prepared on a going concern basis.
The director has made an assessment in preparing these financial statements as to whether the Company is a going concern and have concluded that there are no material uncertainties that may cast significant doubt on the Company's ability to continue as a going concern for a period of at least 12 months from the date of approval of these financial statements.
Revenue arising from the provision of services is recognised by reference to the stage of completion as follows:
Biodiversity net gain income is recognised on a straight line basis over the life of the agreement. When the stage of completion cannot be measured reliably revenue is recognised up to the extent of recoverable expenses and accordingly no profit is recognised.
Investment property | not depreciated |
Assets under construction | not depreciated |
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.
Period from 22.02.2023 to 31.03.2024 |
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Number | |
Monthly average number of persons employed by the Company during the period, including the director |
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Investment property | Assets under construc- tion |
Total | |||
£ | £ | £ | |||
Cost | |||||
At 22 February 2023 |
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Additions |
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At 31 March 2024 |
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Accumulated depreciation | |||||
At 22 February 2023 |
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At 31 March 2024 |
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Net book value | |||||
At 31 March 2024 |
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31.03.2024 | |
£ | |
Prepayments |
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Other debtors |
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31.03.2024 | |
£ | |
Trade creditors |
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Accruals and deferred income |
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Other taxation and social security |
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The Company is a tenant of the Biodiversity areas owned by the Director. A rent is charged to the Company, which totalled £5,105 in the financial period.
At the end of the financial period, the Company owed £108,819 to the director.