CNW1 LIMITED

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

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CNW1 LIMITED

Balance Sheet

As At 30 April 2025

Balance Sheet

Registered number: 11855687

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		71,500		76,600
Tangible Assets	5		300,000		301,565

			371,500		378,165
CURRENT ASSETS
Stocks	6	16,850		21,000
Debtors	7	9,483		7,100
Cash at bank and in hand		32,176		33,078

		58,509		61,178
Creditors: Amounts Falling Due Within One Year	8	(221,216 )		(208,436 )

NET CURRENT ASSETS (LIABILITIES)			(162,707 )		(147,258 )

TOTAL ASSETS LESS CURRENT LIABILITIES			208,793		230,907

Creditors: Amounts Falling Due After More Than One Year	9		(198,711 )		(220,957 )

NET ASSETS			10,082		9,950

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			9,982		9,850

SHAREHOLDERS' FUNDS			10,082		9,950

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CNW1 LIMITED

Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 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.

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 Niranjan Wickramaratne Director	Mr C . S Wickramaratne Director
14/01/2026

The notes on pages 4 to 6 form part of these financial statements.

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CNW1 LIMITED

Notes to the Financial Statements

For The Year Ended 30 April 2025

Notes to the Financial Statements

1. General Information

CNW1 LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 11855687 . The registered office is 51 Cecil Street, Plymouth, Devon, PL1 5HP.

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 - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20.... years.

Amortisation @' 5% Stright Line

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	NA
Fixtures & Fittings	25%@ WDV
Computer Equipment	100%

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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CNW1 LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

2.7. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 13 (2024: 13)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 May 2024	102,000

As at 30 April 2025	102,000

Amortisation
As at 1 May 2024	25,400
Provided during the period	5,100

As at 30 April 2025	30,500

Net Book Value
As at 30 April 2025	71,500

As at 1 May 2024	76,600

5. Tangible Assets

	Land & Property
	Freehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 May 2024	300,000	11,565	1,000	312,565

As at 30 April 2025	300,000	11,565	1,000	312,565

...CONTINUED

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CNW1 LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

Depreciation
As at 1 May 2024	-	10,000	1,000	11,000
Provided during the period	-	1,565	-	1,565

As at 30 April 2025	-	11,565	1,000	12,565

Net Book Value
As at 30 April 2025	300,000	-	-	300,000

As at 1 May 2024	300,000	1,565	-	301,565

6. Stocks

	2025	2024
	£	£
Materials	16,850	21,000

7. Debtors

	2025	2024
	£	£
Due within one year
Due after more than one year
Other debtors	9,483	7,100

Camelot Deposis: £5000

Smith News Deposit: £1000

Paypoint Deposits: £1100

Octoous Energy : £2383

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	53,850	36,867
Bank loans and overdrafts	30,004	38,547
Corporation tax	6,625	6,931
VAT	3,112	3,681
Other creditors	1,680	1,650
Directors' loan accounts	125,945	120,760

	221,216	208,436

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	176,711	198,957
Other creditors	22,000	22,000

	198,711	220,957

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

11. Directors Advances, Credits and Guarantees

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CNW1 LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

Dividends paid to directors

	2025	2024
	£	£
Mr Niranjan Wickramaratne	22,000	22,000

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Directors	Mr Niranjan Wickramaratne
	Mr C . S Wickramaratne

Company Number	11855687

Registered Office	51 Cecil Street
	Plymouth
	Devon
	PL1 5HP

Accountants	Tamsons Accounting & Tax Consultancy Ltd
	Financial Accountants'
	53-55 College Road
	Bromley
	Kent
	BR1 3QG