10501953falsegeneral convenience store2023-12-012024-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-11-30http://www.companieshouse.gov.uk/cd:Director12023-12-012024-11-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-11-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-11-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-11-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-12-012024-11-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-12-012024-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2023-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2024-11-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-12-012024-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-11-30http://www.companieshouse.gov.uk/pt:NetGoodwill2023-12-012024-11-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-11-30http://www.companieshouse.gov.uk/2023-12-012024-11-30http://www.companieshouse.gov.uk/2023-11-30http://www.companieshouse.gov.uk/cd:FRS1022023-12-012024-11-30http://www.companieshouse.gov.uk/2024-11-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-12-012024-11-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-12-012024-11-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 10501953

CPN Partners Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/11/2024

Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

CPN Partners Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/11/2024
DIRECTORS
Chirag Patel
REGISTERED OFFICE
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10501953
ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

CPN Partners Ltd

ACCOUNTS
FOR THEYEARENDED30/11/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

CPN Partners Ltd

BALANCE SHEET AT 30/11/2024
20242023
Notes££
FIXED ASSETS
Intangible assets340,72943,744
Tangible assets44,5906,119
45,31949,863
CURRENT ASSETS
Stock48,00043,000
Debtors6160,493150,172
Cash at bank and in hand4,08714,433
212,580207,605
CREDITORS: Amounts falling due within one year795,37693,570
NET CURRENT ASSETS117,204114,035
TOTAL ASSETS LESS CURRENT LIABILITIES162,523163,898
CREDITORS: Amounts falling due after more than one year8157,323135,496
PROVISIONS FOR LIABILITIES AND CHARGES91,1621,162
NET ASSETS4,03827,240
CAPITAL AND RESERVES
Called up share capital1022
Profit and loss account4,03627,238
SHAREHOLDERS' FUNDS4,03827,240
For the year ending 30/11/2024 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 14/03/2025 and signed on their behalf by
.............................
Chirag Patel
Director

CPN Partners Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/11/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittingsreducing balance 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

CPN Partners Ltd

2. EMPLOYEES
20242023
No.No.
Average number of employees44
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/12/202360,29960,299
At 30/11/202460,29960,299
Depreciation
At 01/12/202316,55516,555
For the year3,0153,015
At 30/11/202419,57019,570
Net Book Amounts
At 30/11/202440,72940,729
At 30/11/202343,74443,744
4. TANGIBLE FIXED ASSETS
Short LeaseholdFixtures
Propertiesand FittingsTotal
£££
Cost
At 01/12/2023132,17032,171
At 30/11/2024132,17032,171
Depreciation
At 01/12/2023-26,05226,052
For the year-1,5291,529
At 30/11/2024-27,58127,581
Net Book Amounts
At 30/11/202414,5894,590
At 30/11/202316,1186,119

CPN Partners Ltd

5. STOCK 20242023
££
Stock comprises:
Stock48,00043,000
48,00043,000
6. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors1,483772
PAYE control8,829-
Salaries and wages control781-
11,093772
Amounts falling due over more than one year
Long term debtor-Rent deposits11,00011,000
Long term debtor138,400138,400
149,400149,400
160,493150,172
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax3,6312,253
VAT10,2401,452
Amounts due from group companies647-
Directors current account35,59643,639
Bank loans and overdrafts3,463-
Bank Loan15,12015,120
Credit card18,21022,655
Trade creditors5,7406,446
Other creditors900-
Pension schemes-176
Accruals1,8291,829
95,37693,570

CPN Partners Ltd

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr-1,007
Loans >1yr Bounce Back Loan scheme25,42934,489
Loans >1yr36,295-
Other creditors > 1yr100,000100,000
161,724135,496
9. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation1,1621,162
1,1621,162
10. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22