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Company Registration No. 13278474 (England and Wales)
CNEP LTD Unaudited accounts for the year ended 31 March 2026
CNEP LTD Unaudited accounts Contents
Page
Statement of financial position
3
Notes to the accounts
4
- 2 -
CNEP LTD Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Investment property
4
844,378
844,378
Current assets
Cash at bank and in hand
1,229
1,998
Creditors: amounts falling due within one year
6
(567,707)
(576,278)
Net current liabilities
(566,478)
(574,280)
Total assets less current liabilities
277,900
270,098
Creditors: amounts falling due after more than one year
7
(262,156)
(262,156)
Net assets
15,744
7,942
Capital and reserves
Called up share capital
100
100
Profit and loss account
15,644
7,842
Shareholders' funds
15,744
7,942
For the year ending 31 March 2026 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 14 April 2026 and were signed on its behalf by
Loretta Cowles Director Company Registration No. 13278474
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CNEP LTD Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
CNEP LTD is a private company, limited by shares, registered in England and Wales, registration number 13278474. The registered office is 60 Mill Mead Business Centre, Mill Mead Road, London, N17 9QU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2026
£
Fair value at 1 April 2025
844,378
At 31 March 2026
844,378
- 4 -
CNEP LTD Notes to the Accounts for the year ended 31 March 2026
5
Investments
Other investments
£
Valuation at 1 April 2025
-
Additions
1,576
Disposals
(1,576)
Valuation at 31 March 2026
-
6
Creditors: amounts falling due within one year
2026
2025
£
£
Taxes and social security
2,065
1,635
Loans from directors
565,642
574,643
567,707
576,278
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Bank loans
262,156
262,156
8
Average number of employees
During the year the average number of employees was 0 (2025: 1).
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