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REGISTERED NUMBER: 09519927 (England and Wales)















C.S. PIPETECH LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2023






C.S. PIPETECH LIMITED (REGISTERED NUMBER: 09519927)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C.S. PIPETECH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Ms L J Davidson
C Rothwell





SECRETARY: Ms L J Davidson





REGISTERED OFFICE: 60 Blue Bell Court
Blaxton
Doncaster
South Yorkshire
DN9 3BD





REGISTERED NUMBER: 09519927 (England and Wales)






C.S. PIPETECH LIMITED (REGISTERED NUMBER: 09519927)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 150,214 83,712

CURRENT ASSETS
Debtors 5 2,204,774 826,487
Cash at bank 2 23,736
2,204,776 850,223
CREDITORS
Amounts falling due within one year 6 1,978,391 628,998
NET CURRENT ASSETS 226,385 221,225
TOTAL ASSETS LESS CURRENT
LIABILITIES

376,599

304,937

CREDITORS
Amounts falling due after more than one
year

7

(121,656

)

(37,105

)

PROVISIONS FOR LIABILITIES (28,740 ) (15,905 )
NET ASSETS 226,203 251,927

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 226,201 251,925
SHAREHOLDERS' FUNDS 226,203 251,927

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

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 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.

C.S. PIPETECH LIMITED (REGISTERED NUMBER: 09519927)

BALANCE SHEET - continued
31 MARCH 2023


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 Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by:




C Rothwell - Director



Ms L J Davidson - Director


C.S. PIPETECH LIMITED (REGISTERED NUMBER: 09519927)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

C.S. Pipetech 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 20% on cost

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

C.S. PIPETECH LIMITED (REGISTERED NUMBER: 09519927)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


2. ACCOUNTING POLICIES - continued

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 12 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 146,546
Additions 96,120
Disposals (21,300 )
At 31 March 2023 221,366
DEPRECIATION
At 1 April 2022 62,834
Charge for year 29,618
Eliminated on disposal (21,300 )
At 31 March 2023 71,152
NET BOOK VALUE
At 31 March 2023 150,214
At 31 March 2022 83,712

C.S. PIPETECH LIMITED (REGISTERED NUMBER: 09519927)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2022 70,296
Transfer to ownership (43,853 )
At 31 March 2023 26,443
DEPRECIATION
At 1 April 2022 40,640
Charge for year 7,414
Transfer to ownership (29,978 )
At 31 March 2023 18,076
NET BOOK VALUE
At 31 March 2023 8,367
At 31 March 2022 29,656

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,246,273 606,740
Other debtors 958,501 219,747
2,204,774 826,487

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 75,083 9,687
Hire purchase contracts 3,899 14,125
Trade creditors 546,161 71,489
Taxation and social security 1,348,248 502,125
Other creditors 5,000 31,572
1,978,391 628,998

C.S. PIPETECH LIMITED (REGISTERED NUMBER: 09519927)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 121,656 33,206
Hire purchase contracts - 3,899
121,656 37,105