CNV 2018 Limited - Filleted accounts

Registered number

11431420

CNV 2018 Limited

Unaudited Filleted Accounts

31 March 2025

CNV 2018 Limited
Registered number:		11431420
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		113,553			81,148

Current assets
Debtors	5	137,352			128,346
Cash at bank and in hand		157,030			390,935
		294,382			519,281

Creditors: amounts falling due within one year	6	(268,907)			(416,150)

Net current assets			25,475			103,131

Total assets less current liabilities			139,028			184,279

Creditors: amounts falling due after more than one year	7		(25,056)			(30,611)

Provisions for liabilities			(5,406)			(10,732)


Net assets			108,566			142,936

Capital and reserves
Called up share capital			4			4
Profit and loss account			108,562			142,932

Shareholders' funds			108,566			142,936

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr I Chandler
Director
Approved and authorised for issue by the board on 22 December 2025

CNV 2018 Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Building Improvements	over 10 years
	Plant and machinery	15% Reducing Balance
	Fixtures, fittings, tools and equipment	15% Reducing Balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			21		20


3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2024					44,792
	At 31 March 2025					44,792

	Amortisation
	At 1 April 2024					44,792
	At 31 March 2025					44,792

	Net book value
	At 31 March 2025					-



4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2024	-		107,863		107,863
	Additions	29,670		19,313		48,983
	At 31 March 2025	29,670		127,176		156,846

	Depreciation
	At 1 April 2024	-		26,715		26,715
	Charge for the year	2,967		13,611		16,578
	At 31 March 2025	2,967		40,326		43,293

	Net book value
	At 31 March 2025	26,703		86,850		113,553
	At 31 March 2024	-		81,148		81,148


5	Debtors			2025		2024
£					£

	Trade debtors			55,828		59,294
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			43,858		-
	Other debtors			37,666		69,052
				137,352		128,346


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			5,500		5,500
	Trade creditors			121,448		184,245
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			-		4,917
	Taxation and social security costs			4,576		5,447
	Other creditors			137,383		216,041
				268,907		416,150


7	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			25,056		30,611


8	Controlling party

	There is no ultimate controlling party


9	Other information

	CNV 2018 Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Lindum
	264-266 Durham Road
	Gateshead
	Tyne and Wear
	NE8 4JR