Registered number
06628490
CCFON LTD
Filletted Accounts
30 June 2024
CCFON LTD
Registered number: 06628490
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 2 - 1
Current assets
Stocks 7,010 4,600
Debtors 3 119,754 85,087
Cash at bank and in hand 29,235 35,240
155,999 124,927
Creditors: amounts falling due within one year 4 (183,101) (125,560)
Net current liabilities (27,102) (633)
Net liabilities (27,102) (632)
Capital and reserves
Profit and loss account (27,102) (632)
Shareholders' funds (27,102) (632)
average number of employees Number Number
28 28 25
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A R Williams
Director
Approved by the board on 19 March 2025
CCFON LTD
Notes to the Accounts
for the year ended 30 June 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the value of grants and donations received from various sources including, income from campaigns, merchandise and reimbursements from the company's associated not for profit company and an associated Christian charity.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 July 2023 82,759
At 30 June 2024 82,759
Depreciation
At 1 July 2023 82,758
Charge for the year 1
At 30 June 2024 82,759
Net book value
At 30 June 2024 -
At 30 June 2023 1
3 Debtors 2024 2023
£ £
Trade debtors 754 87
Prepayments 34,000 -
Other debtors 85,000 85,000
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 73,035 18,644
Other creditors 85,000 85,000
Other taxes and social security costs 25,066 21,916
183,101 125,560
5 Going Concern
The financial statements have been prepared on the going concern basis on the directors assumption that this not for profit company will continue to meet its obligations as they fall due.
This depends on sympathetic individuals and Christian groups continuing to donate gifts to fund CCFON's working capital requirements.
These donations are vital for the survival and on going function of the company until income streams can be increased, or funds injected by strategic partners to fund the accumulated and token deficit.
6 Other information
CCFON LTD is a private company limited by guarantee and incorporated in England. Its registered office is:
70 Wimpole Street
London
W1G 8AX
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