REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
7 JULY 2022 TO 31 OCTOBER 2023 |
FOR |
CONTROL COMPONENTS HOLDINGS LTD |
REGISTERED NUMBER: |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
7 JULY 2022 TO 31 OCTOBER 2023 |
FOR |
CONTROL COMPONENTS HOLDINGS LTD |
CONTROL COMPONENTS HOLDINGS LTD (REGISTERED NUMBER: 14220293) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 7 JULY 2022 TO 31 OCTOBER 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
CONTROL COMPONENTS HOLDINGS LTD |
COMPANY INFORMATION |
FOR THE PERIOD 7 JULY 2022 TO 31 OCTOBER 2023 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
SENIOR STATUTORY AUDITOR: |
AUDITORS: |
Granville Hall |
Granville Road |
Leicester |
Leicestershire |
LE1 7RU |
CONTROL COMPONENTS HOLDINGS LTD (REGISTERED NUMBER: 14220293) |
BALANCE SHEET |
31 OCTOBER 2023 |
Notes | £ | £ |
FIXED ASSETS |
Investments | 4 |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive income has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
CONTROL COMPONENTS HOLDINGS LTD (REGISTERED NUMBER: 14220293) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 7 JULY 2022 TO 31 OCTOBER 2023 |
1. | STATUTORY INFORMATION |
Control Components Holdings Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Significant judgements and estimates |
There were no areas in which the preparation of the financial statements required to make significant judgements or estimates. |
Investments in subsidiaries |
Investments in subsidiary undertakings are recognised at cost. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive income, 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 period 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. |
Debtors |
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. |
CONTROL COMPONENTS HOLDINGS LTD (REGISTERED NUMBER: 14220293) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 7 JULY 2022 TO 31 OCTOBER 2023 |
2. | ACCOUNTING POLICIES - continued |
Creditors |
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
Going concern |
After reviewing the company's management information, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | FIXED ASSET INVESTMENTS |
Shares in |
group |
undertakings |
£ |
COST |
Additions |
At 31 October 2023 |
NET BOOK VALUE |
At 31 October 2023 |
The company's investments at the Balance Sheet date in the share capital of companies include the following: |
Registered office: Unit 3 Rothley Lodge Commercial Park, Loughborough Road, Rothley, Leicestershire, United Kingdom, LE7 7NL |
Nature of business: |
% |
Class of shares: | holding |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed by group undertakings |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Amounts owed to group undertakings |
CONTROL COMPONENTS HOLDINGS LTD (REGISTERED NUMBER: 14220293) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 7 JULY 2022 TO 31 OCTOBER 2023 |
7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
8. | ULTIMATE CONTROLLING PARTY |
In the directors' opinion, the company's ultimate parent company is BPX Group Limited. |
The group accounts can be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ. |