Company Registration No. 11081917 (England and Wales)
CGC LDN Limited
Unaudited accounts
for the year ended 31 December 2024
CGC LDN Limited
Unaudited accounts
Contents
CGC LDN Limited
Company Information
for the year ended 31 December 2024
Directors
Clare Louise Cockcroft
Simon Cockcroft
Company Number
11081917 (England and Wales)
Registered Office
114 Kings Road
London
SW3 4TX
United Kingdom
Accountants
Multiply Accountancy Limited
71-75 Shelton Street
London
WC2H 9JQ
CGC LDN Limited
Statement of financial position
as at 31 December 2024
Tangible assets
109,730
142,454
Cash at bank and in hand
237,234
219,952
Creditors: amounts falling due within one year
(649,045)
(426,231)
Net current assets
685,068
632,954
Total assets less current liabilities
794,798
775,408
Provisions for liabilities
Deferred tax
(14,290)
(16,695)
Net assets
780,508
758,713
Called up share capital
100
100
Profit and loss account
780,408
758,613
Shareholders' funds
780,508
758,713
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 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 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 of Directors and authorised for issue on 7 August 2025 and were signed on its behalf by
Clare Louise Cockcroft
Director
Company Registration No. 11081917
CGC LDN Limited
Notes to the Accounts
for the year ended 31 December 2024
CGC LDN Limited is a private company, limited by shares, registered in England and Wales, registration number 11081917. The registered office is 114 Kings Road, London, SW3 4TX, 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:
Land & buildings
3 Years Straight Line
Motor vehicles
33% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
CGC LDN Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
75,677
31,419
24,570
68,811
200,477
Additions
2,830
-
16,763
9,613
29,206
Disposals
-
-
(19,808)
(21,615)
(41,423)
At 31 December 2024
78,507
31,419
21,525
56,809
188,260
At 1 January 2024
-
22,403
10,575
25,045
58,023
Charge for the year
25,933
2,975
6,758
12,206
47,872
On disposals
-
-
(12,265)
(15,100)
(27,365)
At 31 December 2024
25,933
25,378
5,068
22,151
78,530
At 31 December 2024
52,574
6,041
16,457
34,658
109,730
At 31 December 2023
75,677
9,016
13,995
43,766
142,454
Amounts falling due within one year
Trade debtors
841,445
670,285
Accrued income and prepayments
74,509
51,294
Other debtors
180,925
117,654
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
116,821
25,200
Taxes and social security
191,444
288,846
Other creditors
127,277
12,442
7
Operating lease commitments
2024
2023
At 31 December 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
106,000
106,000
Later than one year and not later than five years
78,700
-
8
Average number of employees
During the year the average number of employees was 25 (2023: 22).