1 April 2022 false No description of principal activity Taxfiler 2023.10.1 13148667business:PrivateLimitedCompanyLtd2022-04-012023-03-31 131486672022-03-31 131486672022-04-012023-03-31 13148667business:AuditExemptWithAccountantsReport2022-04-012023-03-31 13148667business:FilletedAccounts2022-04-012023-03-31 131486672023-03-31 13148667business:Director12022-04-012023-03-31 13148667business:Director22022-04-012023-03-31 13148667business:RegisteredOffice2022-04-012023-03-31 131486672022-03-31 13148667core:WithinOneYear2023-03-31 13148667core:WithinOneYear2022-03-31 13148667core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 13148667core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 13148667core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 13148667core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 13148667core:PreviouslyStatedAmount2023-03-31 13148667core:PreviouslyStatedAmount2022-03-31 13148667business:SmallEntities2022-04-012023-03-31 13148667countries:EnglandWales2022-04-012023-03-31 13148667core:ComputerEquipment2022-04-012023-03-31 13148667core:IntangibleAssetsOtherThanGoodwill2022-03-31 13148667core:IntangibleAssetsOtherThanGoodwill2023-03-31 13148667core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-31 13148667core:ComputerEquipment2022-03-31 13148667core:ComputerEquipment2023-03-31 131486672021-01-212022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 13148667 (England and Wales)
CTS PROPERTY MANAGEMENT LTD Unaudited accounts for the year ended 31 March 2023
CTS PROPERTY MANAGEMENT LTD Unaudited accounts Contents
Page
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CTS PROPERTY MANAGEMENT LTD Company Information for the year ended 31 March 2023
Directors
C Sherlock T Sherlock
Company Number
13148667 (England and Wales)
Registered Office
HUNDRED STEDDLES HOUSE HUNDREDSTEDDLE LA BIRDHAM CHICHESTER PO20 7BL ENGLAND
Accountants
RSJ Accountants Ltd 10 Overton Road Southbourne Emsworth Hampshire PO10 8NN
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CTS PROPERTY MANAGEMENT LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
7,083 
9,583 
Tangible assets
2,692 
1,029 
9,775 
10,612 
Current assets
Debtors
9,069 
4,432 
Cash at bank and in hand
3,837 
3,397 
12,906 
7,829 
Creditors: amounts falling due within one year
(22,010)
(22,039)
Net current liabilities
(9,104)
(14,210)
Net assets/(liabilities)
671 
(3,598)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
669 
(3,600)
Shareholders' funds
671 
(3,598)
For the year ending 31 March 2023 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 26 October 2023 and were signed on its behalf by
C Sherlock Director Company Registration No. 13148667
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CTS PROPERTY MANAGEMENT LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
CTS PROPERTY MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 13148667. The registered office is HUNDRED STEDDLES HOUSE HUNDREDSTEDDLE LA, BIRDHAM, CHICHESTER, PO20 7BL, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% Straight Line
Intangible fixed assets
The intangible asset is the franchise purchase and is being amortised to the profit and loss account over it's estimated economic life of 5 years
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2022
12,500 
At 31 March 2023
12,500 
Amortisation
At 1 April 2022
2,917 
Charge for the year
2,500 
At 31 March 2023
5,417 
Net book value
At 31 March 2023
7,083 
At 31 March 2022
9,583 
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CTS PROPERTY MANAGEMENT LTD Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2022
1,066 
Additions
2,345 
At 31 March 2023
3,411 
Depreciation
At 1 April 2022
37 
Charge for the year
682 
At 31 March 2023
719 
Net book value
At 31 March 2023
2,692 
At 31 March 2022
1,029 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,875 
4,238 
Accrued income and prepayments
194 
194 
9,069 
4,432 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,058 
207 
Trade creditors
11,299 
8,387 
Taxes and social security
2,094 
- 
Other creditors
462 
- 
Loans from directors
5,071 
13,445 
Accruals
2,026 
- 
22,010 
22,039 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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