CQ-EQ Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 12603639 (England and Wales)

CQ-EQ Limited

Unaudited Financial Statements

for the Year Ended 31 May 2022

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

C S Quealy

Registered office:

Apartment 14

No 1 Lloyd Street

Altrincham

Cheshire

WA14 2DD

Registered number:

12603639 (England and Wales)

Accountants:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Tangible assets

4

2,081

1,327

Current assets

Cash at bank

-

4

Creditors

Amounts falling due within one year

5

19,990

16,248

Net current liabilities

(19,990

)

(16,244

)

Total assets less current liabilities

(17,909

)

(14,917

)

Creditors

Amounts falling due after more than one year

6

4,095

5,886

Net liabilities

(22,004

)

(20,803

)

Capital and reserves

Called up share capital

100

100

Retained earnings

(22,104

)

(20,903

)

(22,004

)

(20,803

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 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 14 November 2022 and were signed by:

C S Quealy - Director

1.	Statutory information

CQ-EQ Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Plant and machinery etc

-

25% on reducing balance

Going concern

The financial statements have been prepared on a going concern basis on the grounds that the director will continue to provide sufficient finance to enable the company to continue trading for the foreseeable future.

3.	Employees and directors

The average number of employees during the year was 1 (2021 - 1 ) .

4.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 1 June 2021

1,769

Additions

1,448

At 31 May 2022

3,217

Depreciation

At 1 June 2021

442

Charge for year

694

At 31 May 2022

1,136

Net book value

At 31 May 2022

2,081

At 31 May 2021

1,327

5.

Creditors: amounts falling due within one year

31.5.22

31.5.21

£

£

Bank loans and overdrafts

1,792

1,677

Trade creditors

-

6,516

Taxation and social security

-

465

Other creditors

18,198

7,590

19,990

16,248

6.

Creditors: amounts falling due after more than one year

31.5.22

31.5.21

£

£

Bank loans

4,095

5,886