Registration number:
Complex Earth Limited
for the Year Ended 30 November 2024
Complex Earth Limited
Contents
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Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Complex Earth Limited
Company Information
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Directors |
E Chaney D P Chaney |
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Registered office |
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Accountants |
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Complex Earth Limited
(Registration number: 13768633)
Balance Sheet as at 30 November 2024
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Note |
2024 |
2023 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Net assets |
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Capital and reserves |
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Called up share capital |
1,012 |
1,012 |
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Share premium reserve |
137,674 |
137,674 |
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Retained earnings |
(133,655) |
(74,357) |
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Shareholders' funds |
5,031 |
64,329 |
For the financial year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Complex Earth Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024
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General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
United Kingdom
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Foreign currency transactions and balances
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.
Complex Earth Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024 (continued)
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2 |
Accounting policies (continued) |
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
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Asset class |
Depreciation method and rate |
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Plant and machinery |
4 years straight line |
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Complex Earth Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024 (continued)
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Tangible assets |
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Other tangible assets |
Total |
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Cost or valuation |
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At 1 December 2023 |
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At 30 November 2024 |
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Depreciation |
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At 1 December 2023 |
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Charge for the year |
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At 30 November 2024 |
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Carrying amount |
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At 30 November 2024 |
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At 30 November 2023 |
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Debtors |
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Current |
2024 |
2023 |
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Other debtors |
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Complex Earth Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024 (continued)
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Creditors |
Creditors: amounts falling due within one year
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2024 |
2023 |
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Due within one year |
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Trade creditors |
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- |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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Ordinary share capital of £0.00 each |
10,120,000 |
1,012 |
10,120,000 |
1,012 |
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Related party transactions |
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Transactions with directors |
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2024 |
At 1 December 2023 |
Advances to director |
Repayments by director |
At 30 November 2024 |
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E Chaney |
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Interest free loan repayable on demand |
( |
- |
- |
( |
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D P Chaney |
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The loan was interest bearing at 2.25% per annum and repayable on demand. |
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( |
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Complex Earth Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2024 (continued)
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8 |
Related party transactions (continued) |
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2023 |
At 1 December 2022 |
Advances to director |
Repayments by director |
At 30 November 2023 |
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E Chaney |
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Interest free loan repayable on demand |
( |
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- |
( |
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D P Chaney |
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The loan was interest bearing at 2.25% per annum and repayable on demand. |
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( |
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