Company No:
Contents
| DIRECTORS | Daniel Asselot |
| Fabrice Jehan Charles Quemener |
| REGISTERED OFFICE | Wilberforce House |
| Station Road | |
| London | |
| NW4 4QE | |
| United Kingdom |
| COMPANY NUMBER | 07016684 (England and Wales) |
| AUDITOR | Praxis |
| Statutory Auditor | |
| 1 Poultry | |
| London | |
| EC2R 8EJ | |
| United Kingdom |
| Note | 31.08.2024 | 31.12.2023 | ||
| £ | £ | |||
| Current assets | ||||
| Debtors | 3 |
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| Cash at bank and in hand |
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| 1,242,177 | 578,574 | |||
| Creditors: amounts falling due within one year | 4 | (
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| Net current assets | 239,843 | 161,789 | ||
| Total assets less current liabilities | 239,843 | 161,789 | ||
| Net assets |
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| Capital and reserves | ||||
| Called-up share capital | 5 |
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| Profit and loss account |
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| Total shareholder's funds |
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The financial statements of Cerap UK Ltd (registered number:
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Fabrice Jehan Charles Quemener
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.
Cerap UK 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 Wilberforce House, Station Road, London, NW4 4QE, 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 Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Reporting period length has been shortened to an 8 month period to align with other group entities. The comparatives are therefore not entirely comparable.
Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet 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 01.01.2024 to 31.08.2024 |
Year ended 31.12.2023 |
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| Number | Number | ||
| Monthly average number of persons employed by the Company during the period, including directors |
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| 31.08.2024 | 31.12.2023 | ||
| £ | £ | ||
| Trade debtors |
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| Other debtors |
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| 31.08.2024 | 31.12.2023 | ||
| £ | £ | ||
| Trade creditors |
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| Amounts owed to Group undertakings |
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| Taxation and social security |
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| Other creditors |
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Amounts owed to Group undertakings are repayable on demand and do not bear interest.
| 31.08.2024 | 31.12.2023 | ||
| £ | £ | ||
| Allotted, called-up and fully-paid | |||
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Commitments
Total future minimum lease payments under non-cancellable operating leases are as follows:
| 31.08.2024 | 31.12.2023 | ||
| £ | £ | ||
| within one year |
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| between one and five years |
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Other related party transactions
| 31.08.2024 | 31.12.2023 | ||
| £ | £ | ||
| Amounts owed to group companies | 13,522 | 8,745 |
The amount relates to a company with control of Cerap UK. Amounts are included in the creditors note under amounts owed to group companies. Amounts bear no interest and are repayable on demand.
The audit report was signed by Nikinder Baller on behalf of Praxis.