REGISTERED NUMBER: 05872141 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Cnetso Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible assets

4

4,416

5,887

Investments

5

15,000

15,000

19,416

20,887

Current assets

Debtors

6

58,798

63,473

Cash at bank

33,242

6,687

92,040

70,160

Creditors

Amounts falling due within one year

7

(44,835

)

(8,145

)

Net current assets

47,205

62,015

Total assets less current liabilities

66,621

82,902

Creditors

Amounts falling due after more than one year

8

(15,800

)

(25,300

)

Net assets

50,821

57,602

Capital and reserves

Called up share capital

1

1

Retained earnings

10

50,820

57,601

Shareholders' funds

50,821

57,602

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 profit or loss 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 September 2025 and were signed by:

Musawir Idrees - Director

1.	Statutory information

Cnetso Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

05872141

Registered office:

Marshall House

124 Middleton Road

Morden

SM4 6RW

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	Employees and directors

The average number of employees during the year was 13 (2024 - 9 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

Cost

At 1 August 2024

and 31 July 2025

481

44,617

7,320

52,418

Depreciation

At 1 August 2024

481

39,707

6,343

46,531

Charge for year

-

1,227

244

1,471

At 31 July 2025

481

40,934

6,587

48,002

Net book value

At 31 July 2025

-

3,683

733

4,416

At 31 July 2024

-

4,910

977

5,887

5.	Fixed asset investments

Unlisted

investments

£

Cost

At 1 August 2024

and 31 July 2025

15,000

Net book value

At 31 July 2025

15,000

At 31 July 2024

15,000

6.

Debtors: amounts falling due within one year

31.7.25

31.7.24

£

£

Trade debtors

325

30,000

Other debtors

25,000

-

Staff loans

33,473

33,473

58,798

63,473

7.

Creditors: amounts falling due within one year

31.7.25

31.7.24

£

£

Trade creditors

711

141

Corporation tax

2,285

3,488

Social security and other taxes

8,917

3,463

VAT

32,922

1,053

44,835

8,145

8.

Creditors: amounts falling due after more than one year

31.7.25

31.7.24

£

£

Bank loans (see note 9)

15,800

25,300

9.

Loans

An analysis of the maturity of loans is given below:

31.7.25

31.7.24

£

£

Amounts falling due between one and two years:

Bank loans > 1 year

15,800

25,300

10.

Reserves

Retained

earnings

£

At 1 August 2024

57,601

Profit for the year

8,219

Dividends

(15,000

)

At 31 July 2025

50,820