Company Registration No. 02243025 (England and Wales)
Continental Cellulose UK Limited
Unaudited accounts
for the year ended 31 December 2024
Continental Cellulose UK Limited
Unaudited accounts
Contents
Continental Cellulose UK Limited
Company Information
for the year ended 31 December 2024
Company Number
02243025 (England and Wales)
Registered Office
The Byre
North Weston Farm
Thame
Oxfordshire
OX9 2HA
Accountants
Taylor Dutton Consultancy Limited
3 Beeches Walk
Carshalton Beeches
Surrey
SM5 4JS
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Continental Cellulose UK Limited for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Continental Cellulose UK Limited for the year ended
31 December 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
Taylor Dutton Consultancy Limited
Chartered Accountants
3 Beeches Walk
Carshalton Beeches
Surrey
SM5 4JS
31 March 2025
Continental Cellulose UK Limited
Statement of financial position
as at 31 December 2024
Tangible assets
2,584
2,599
Cash at bank and in hand
653,938
719,836
Creditors: amounts falling due within one year
(130,227)
(133,750)
Net current assets
1,052,989
1,123,601
Total assets less current liabilities
1,055,573
1,126,200
Provisions for liabilities
Net assets
1,055,082
1,125,706
Called up share capital
100,000
100,000
Capital redemption reserve
100,000
100,000
Profit and loss account
855,082
925,706
Shareholders' funds
1,055,082
1,125,706
For the year ending 31 December 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.
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 31 March 2025 and were signed on its behalf by
S.J.Elliott
Director
Company Registration No. 02243025
Continental Cellulose UK Limited
Notes to the Accounts
for the year ended 31 December 2024
Continental Cellulose UK Limited is a private company, limited by shares, registered in England and Wales, registration number 02243025. The registered office is The Byre, North Weston Farm, Thame, Oxfordshire, OX9 2HA.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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:
Fixtures & fittings
20% on a straight line basis
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Continental Cellulose UK Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
7,077
16,307
23,384
At 31 December 2024
7,077
16,738
23,815
At 1 January 2024
7,077
13,708
20,785
Charge for the year
-
970
970
At 31 December 2024
7,077
14,154
21,231
At 31 December 2024
-
2,584
2,584
At 31 December 2023
-
2,599
2,599
Amounts falling due within one year
Trade debtors
126,679
139,178
Amounts due from group undertakings etc.
374,694
370,734
Accrued income and prepayments
15,360
14,296
Other debtors
12,545
13,307
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
6,319
5,841
Taxes and social security
4,297
8,388
Loans from directors
-
2,000
7
Transactions with related parties
At the year end, a balance of £374,694 was owed to Continental Cellulose UK Limited by its parent company, SJE Holdings Limited. This loan is interest free and is payable on demand.
Stephen Elliott has ultimate control by virtue of his shareholding in the parent company, SJE Holdings Limited.
9
Average number of employees
During the year the average number of employees was 5 (2023: 5).