CSEALE LIMITED
Statement of financial position
as at 31 August 2024
Tangible assets
9,319
11,364
Cash at bank and in hand
20,100
31,909
Creditors: amounts falling due within one year
(12,981)
(35,216)
Net current assets/(liabilities)
7,120
(3,306)
Called up share capital
1
1
Profit and loss account
16,438
8,057
Shareholders' funds
16,439
8,058
For the year ending 31 August 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 15 April 2025 and were signed on its behalf by
CHIEMEKA SIDNEY EJIKE IROEGBU
Director
Company Registration No. 13595070
CSEALE LIMITED
Notes to the Accounts
for the year ended 31 August 2024
CSEALE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13595070. The registered office is 13 WELL COURT, 25 ADIT ROAD, ERITH, GREATER LONDON, DA8 1FS, UNITED KINGDOM.
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.
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:
Motor vehicles
Reducing Balance
Fixtures & fittings
Reducing Balance
Computer equipment
Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
15,000
550
1,350
16,900
At 31 August 2024
15,000
550
1,350
16,900
At 1 September 2023
4,914
180
442
5,536
Charge for the year
1,815
67
163
2,045
At 31 August 2024
6,729
247
605
7,581
At 31 August 2024
8,271
303
745
9,319
At 31 August 2023
10,086
370
908
11,364
Amounts falling due within one year
CSEALE LIMITED
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,485
1,543
Loans from directors
10,896
33,073
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).