Company Registration No. 15605214 (England and Wales)
CG Surface Design Ltd
Unaudited accounts
for the period from 30 March 2024 to 31 March 2025
CG Surface Design Ltd
Unaudited accounts
Contents
CG Surface Design Ltd
Company Information
for the period from 30 March 2024 to 31 March 2025
Directors
Cameron Piper
Katherine Joy Piper
Company Number
15605214 (England and Wales)
Registered Office
Unit 3 Ringwood Farm
Minster Lovell
Witney
Oxfordshire
OX29 0ND
England
Accountants
Aventae Ltd
Elmfield House
New Yatt Road
WITNEY
Oxon
OX28 1PB
CG Surface Design Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
27,458
Creditors: amounts falling due within one year
(116,890)
Net current liabilities
(71,343)
Called up share capital
100
Profit and loss account
401
Shareholders' funds
140,501
For the period ending 31 March 2025 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 29 December 2025 and were signed on its behalf by
Cameron Piper
Director
Company Registration No. 15605214
CG Surface Design Ltd
Notes to the Accounts
for the period from 30 March 2024 to 31 March 2025
CG Surface Design Ltd is a private company, limited by shares, registered in England and Wales, registration number 15605214. The registered office is Unit 3 Ringwood Farm, Minster Lovell, Witney, Oxfordshire, OX29 0ND, England.
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 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.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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:
Fixtures & fittings
20% SLM
Computer equipment
20% SLM
Intangible fixed assets consist of Goodwill and this is included at market value on transfer of assets at incorporation. There is no amortisation as this transaction relates to a relevant party.
CG Surface Design Ltd
Notes to the Accounts
for the period from 30 March 2024 to 31 March 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
4,990
3,210
5,538
13,738
At 31 March 2025
4,990
3,210
5,538
13,738
Charge for the period
499
611
784
1,894
At 31 March 2025
499
611
784
1,894
At 31 March 2025
4,491
2,599
4,754
11,844
Amounts falling due within one year
Accrued income and prepayments
4,734
CG Surface Design Ltd
Notes to the Accounts
for the period from 30 March 2024 to 31 March 2025
7
Creditors: amounts falling due within one year
2025
Taxes and social security
8,214
Loans from directors
18,041
During the year, a director transferred a sole trader business to the company. Part of the consideration was satisfied by a credit of £60,000 to the director’s loan account.
At the balance sheet date, the amount owed to the director was £18,041. The loan is unsecured, interest-free and repayable on demand.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
9
Transactions with related parties
During the year, the company acquired the trade and assets of a sole trader business controlled by a director. The consideration of £200,000 was satisfied by the issue of shares at a premium of £140,000 and a credit of £60,000 to the director’s loan account. At the balance sheet date, the amount owed to the director was £18,041.
10
Average number of employees
During the period the average number of employees was 8.