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Registered number: 14267827
Continuity Holdings Ltd
Financial Statements
For The Year Ended 31 August 2024
BBK Partnership
Chartered Accountants & Statutory Auditors
1 Beauchamp Court
10 Victors Way
Barnet
Hertfordshire
EN5 5TZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 14267827
31 August 2024 31 August 2023
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 151,383 227,075
151,383 227,075
CURRENT ASSETS
Debtors 5 310,122 301,835
Cash at bank and in hand 362 362
310,484 302,197
Creditors: Amounts Falling Due Within One Year 6 (37,210 ) (4,399 )
NET CURRENT ASSETS (LIABILITIES) 273,274 297,798
TOTAL ASSETS LESS CURRENT LIABILITIES 424,657 524,873
NET ASSETS 424,657 524,873
CAPITAL AND RESERVES
Called up share capital 7 8,750 96
Share premium account 717,061 717,061
Profit and Loss Account (301,154 ) (192,284 )
SHAREHOLDERS' FUNDS 424,657 524,873
Page 1
Page 2
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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr S Keisner
Director
05/11/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Continuity Holdings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14267827 . The registered office is 1 Beauchamp Court, 10 Victors Way, Barnet, Hertfordshire, EN5 5TZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets are 302,767. It is amortised to profit and loss account over its estimated economic life of 4 years.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Intangible Assets
Other
£
Cost
As at 1 September 2023 302,767
As at 31 August 2024 302,767
Amortisation
As at 1 September 2023 75,692
Provided during the period 75,692
As at 31 August 2024 151,384
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 August 2024 151,383
As at 1 September 2023 227,075
5. Debtors
31 August 2024 31 August 2023
£ £
Due within one year
Other debtors 310,122 301,835
6. Creditors: Amounts Falling Due Within One Year
31 August 2024 31 August 2023
£ £
Trade creditors 37,210 4,399
7. Share Capital
31 August 2024 31 August 2023
£ £
Allotted, Called up and fully paid 8,750 96
Page 4