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REGISTERED NUMBER: 02358839 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

C.C.T. LIMITED

C.C.T. LIMITED (REGISTERED NUMBER: 02358839)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C.C.T. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







Directors: Mr D J Hallas
Mrs A J Hallas
Mr O E H Hallas
Mrs G S Welsh





Secretary: Mrs G S Welsh





Registered office: Park Road
Holmewood Industrial Estate
Holmewood
Chesterfield
S42 5UY





Registered number: 02358839 (England and Wales)





Accountants: Haines Watts
Chartered Accountants
10 Stadium Business Court
Millennium Way
Pride Park
Derby
DE24 8HP

C.C.T. LIMITED (REGISTERED NUMBER: 02358839)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £ £
Fixed assets
Tangible assets 4 1,066,686 1,037,961
Investments 5 7 7
1,066,693 1,037,968

Current assets
Stocks 6 1,037,718 917,570
Debtors 7 1,629,088 964,097
Cash at bank and in hand 1,632,933 1,492,549
4,299,739 3,374,216
Creditors
Amounts falling due within one year 8 (2,036,270 ) (1,516,580 )
Net current assets 2,263,469 1,857,636
Total assets less current liabilities 3,330,162 2,895,604

Creditors
Amounts falling due after more than one
year

9

(86,356

)

(96,341

)

Provisions for liabilities (45,278 ) (34,659 )
Net assets 3,198,528 2,764,604

Capital and reserves
Called up share capital 11 1,337 1,337
Capital redemption reserve 2,670 2,670
Retained earnings 3,194,521 2,760,597
Shareholders' funds 3,198,528 2,764,604

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.C.T. LIMITED (REGISTERED NUMBER: 02358839)

BALANCE SHEET - continued
31 JANUARY 2024


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 5 April 2024 and were signed on its behalf by:





Mr D J Hallas - Director


C.C.T. LIMITED (REGISTERED NUMBER: 02358839)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

C.C.T. 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings
comprise a small group.

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 the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - 4% on cost
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 20% on reducing balance

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


C.C.T. LIMITED (REGISTERED NUMBER: 02358839)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

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

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. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or
a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in
which the employees render the related service, the liability is measured on a discounted present value basis.
The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 23 ) .

C.C.T. LIMITED (REGISTERED NUMBER: 02358839)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£ £ £ £ £
Cost
At 1 February 2023 874,292 244,030 85,130 234,326 1,437,778
Additions 42,000 16,215 17,730 22,250 98,195
Disposals - (8,280 ) (11,077 ) (9,908 ) (29,265 )
At 31 January 2024 916,292 251,965 91,783 246,668 1,506,708
Depreciation
At 1 February 2023 127,921 152,346 59,497 60,053 399,817
Charge for year 5,269 10,390 6,165 38,785 60,609
Eliminated on disposal - (4,278 ) (8,815 ) (7,311 ) (20,404 )
At 31 January 2024 133,190 158,458 56,847 91,527 440,022
Net book value
At 31 January 2024 783,102 93,507 34,936 155,141 1,066,686
At 31 January 2023 746,371 91,684 25,633 174,273 1,037,961

5. INVESTMENTS
Shares in
group
undertakings
£
Cost
At 1 February 2023
and 31 January 2024 7
Net book value
At 31 January 2024 7
At 31 January 2023 7

The company owns 100% of the issued share capital of Central Truck Bodies Limited, a dormant company incorporated in England & Wales.

The aggregate capital and reserves of Central Truck Bodies Limited as at 31 January 2024 was £1,000 (2023: £1,000). The company made a profit for the year of £NIL (2023: £NIL).

6. STOCKS
2024 2023
£ £
Stocks 1,037,718 917,570

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 1,605,113 944,083
Prepayments and accrued income 23,975 20,014
1,629,088 964,097

C.C.T. LIMITED (REGISTERED NUMBER: 02358839)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Hire purchase contracts (see note 10) 9,986 9,986
Trade creditors 999,086 750,346
Amounts owed to group undertakings 1,000 1,000
Tax 173,457 81,139
Social security and other taxes 30,270 21,012
VAT 78,113 39,237
Accrued expenses 744,358 613,860
2,036,270 1,516,580

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Hire purchase contracts (see note 10) 86,356 96,341

Hire purchase contracts are secured against the assets to which they relate.

10. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£ £
Net obligations repayable:
Within one year 9,986 9,986
Between one and five years 86,356 96,341
96,342 106,327

Non-cancellable
operating leases
2024 2023
£ £
Within one year 1,698 566
Between one and five years 283 1,981
1,981 2,547

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
133,684 Ordinary £0.01 1,337 1,337

The issued share capital at 31 January 2024 is 133,684 shares at £0.01 each totalling £1,336.84.