| REGISTERED NUMBER: |
| CS CONNECTED LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 August 2025 |
| REGISTERED NUMBER: |
| CS CONNECTED LIMITED |
| Unaudited Financial Statements |
| for the Year Ended 31 August 2025 |
| CS CONNECTED LIMITED (REGISTERED NUMBER: 10907747) |
| Contents of the Financial Statements |
| FOR THE YEAR ENDED 31 AUGUST 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| CS CONNECTED LIMITED |
| Company Information |
| FOR THE YEAR ENDED 31 AUGUST 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Elfed House |
| Oak Tree Court |
| Cardiff Gate Business Park |
| CARDIFF |
| County of Cardiff |
| CF23 8RS |
| CS CONNECTED LIMITED (REGISTERED NUMBER: 10907747) |
| Balance Sheet |
| 31 AUGUST 2025 |
| 2025 | 2024 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| RESERVES |
| Income and expenditure account |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| CS CONNECTED LIMITED (REGISTERED NUMBER: 10907747) |
| Balance Sheet - continued |
| 31 AUGUST 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| CS CONNECTED LIMITED (REGISTERED NUMBER: 10907747) |
| Notes to the Financial Statements |
| FOR THE YEAR ENDED 31 AUGUST 2025 |
| 1. | STATUTORY INFORMATION |
| CS Connected Limited is a |
| The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to the nearest pound. |
| The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| There have been no material departures from Financial Reporting Standard 102 1A. |
| First year adoption of financial reporting standard 102 (FRS 102) section 1A |
| These financial statements for the year ended 31 August 2025 are the first that are prepared in accordance with Financial Reporting Standard 102 Section 1A (FRS102 1A). The previous financial statements were prepared in accordance with FRS 105, the date of transition to FRS 102 1A is 1 September 2023. |
| Going concern |
| The Directors have assessed the Company's ability to continue as a going concern and are satisfied that subject to ongoing financial support that is currently in progress with CCR, DSIT and Welsh Government, the Company is well managed and has adequate resources to continue in operational existence for the foreseeable future. |
| In making this assessment, the Directors reviewed cash flow forecasts, budgets, existing funding arrangements, existing liabilities and the level of reserves available to the Company. |
| The Directors acknowledge that a degree of uncertainty exists in relation to the timing of proposed funding models and while the Directors have a reasonable expectation that funding will continue, the outcome is not wholly within the Company's control. These conditions indicate the existence of a material uncertainty that may cast significant doubt on the Company's ability to continue as a going concern. Nevertheless, after considering available mitigating actions and forecasts, the Directors remain satisfied that it is appropriate to prepare the financial statements on the going concern basis. |
| Turnover |
| Turnover represents amounts receivable in respect of services provided during the year, excluding value added tax. Turnover also includes grant income which is recognised in the income and expenditure account in the same period as the related expenditure. Unexpended amounts are included in the balance sheet as deferred income. |
| Tangible fixed assets |
| Computer equipment | - | over 4 years straight line |
| Fixtures & fittings | - | over 4 years straight line |
| Improvements to leasehold property | - | on a straight line basis over the lease term |
| CS CONNECTED LIMITED (REGISTERED NUMBER: 10907747) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 AUGUST 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income and expenditure account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements |
| to | Fixtures |
| leasehold | and | Computer |
| property | Fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 September 2024 |
| Additions |
| At 31 August 2025 |
| DEPRECIATION |
| At 1 September 2024 |
| Charge for year |
| At 31 August 2025 |
| NET BOOK VALUE |
| At 31 August 2025 |
| At 31 August 2024 |
| CS CONNECTED LIMITED (REGISTERED NUMBER: 10907747) |
| Notes to the Financial Statements - continued |
| FOR THE YEAR ENDED 31 AUGUST 2025 |
| 5. | DEBTORS |
| 2025 | 2024 |
| £ | £ |
| Amounts falling due within one year: |
| Other debtors |
| Amounts falling due after more than one year: |
| Other debtors |
| Aggregate amounts |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | FIRST YEAR ADOPTION |
| Deferred tax has been recognised due to the adoption of FRS102 1A. The effect of this has been summarised below: |
FRS 105 |
Transitional adjustment |
FRS102 1A |
| Reserves brought forward | 58,698 | (2,642 | ) | 56,056 |
| Surplus for the year | 99,924 | (6,219 | ) | 93,705 |
| Reserves carried forward | 158,622 | (8,861 | ) | 149,761 |