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REGISTERED NUMBER: 03974122 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

CPD Solutions Limited

CPD Solutions Limited (Registered number: 03974122)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CPD Solutions Limited

Company Information
for the Year Ended 30 September 2023







DIRECTOR: Dr SN Coughlan





REGISTERED OFFICE: Ground Floor
Rear Barn
The Brookdale Centre
Knutsford
Cheshire
WA16 0SR





REGISTERED NUMBER: 03974122 (England and Wales)





ACCOUNTANTS: EBA
Ground Floor
Rear Barn
The Brookdale Centre
Knutsford
Cheshire
WA16 0SR

CPD Solutions Limited (Registered number: 03974122)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 347,965 282,404

CURRENT ASSETS
Debtors 5 1,903,395 1,864,423
Cash at bank and in hand 392,989 718,846
2,296,384 2,583,269
CREDITORS
Amounts falling due within one year 6 1,023,241 1,120,243
NET CURRENT ASSETS 1,273,143 1,463,026
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,621,108

1,745,430

CREDITORS
Amounts falling due after more than one
year

7

(122,978

)

(142,743

)

PROVISIONS FOR LIABILITIES (74,825 ) (40,183 )
NET ASSETS 1,423,305 1,562,504

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,423,205 1,562,404
1,423,305 1,562,504

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

CPD Solutions Limited (Registered number: 03974122)

Balance Sheet - continued
30 September 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 director and authorised for issue on 10 April 2024 and were signed by:





Dr SN Coughlan - Director


CPD Solutions Limited (Registered number: 03974122)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

CPD Solutions 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.
Land and buildings - 10% on cost
Plant and machinery etc - 33% on cost, 25% on reducing balance and 14% 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.

CPD Solutions Limited (Registered number: 03974122)

Notes to the Financial Statements - continued
for the Year Ended 30 September 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 17 (2022 - 16 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1 October 2022 107,764 620,295 728,059
Additions 8,509 146,850 155,359
Disposals - (4,250 ) (4,250 )
At 30 September 2023 116,273 762,895 879,168
DEPRECIATION
At 1 October 2022 53,796 391,859 445,655
Charge for year 7,604 78,661 86,265
Eliminated on disposal - (717 ) (717 )
At 30 September 2023 61,400 469,803 531,203
NET BOOK VALUE
At 30 September 2023 54,873 293,092 347,965
At 30 September 2022 53,968 228,436 282,404

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

Plant and
Land and machinery
buildings etc Totals
£ £ £
COST
At 1 October 2022 25,315 143,645 168,960
Additions - 65,450 65,450
Transfer to ownership (25,315 ) (61,530 ) (86,845 )
At 30 September 2023 - 147,565 147,565
DEPRECIATION
At 1 October 2022 10,272 97,307 107,579
Charge for year 2,532 15,033 17,565
Transfer to ownership (12,804 ) (47,533 ) (60,337 )
At 30 September 2023 - 64,807 64,807
NET BOOK VALUE
At 30 September 2023 - 82,758 82,758
At 30 September 2022 15,043 46,338 61,381

CPD Solutions Limited (Registered number: 03974122)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£ £
Trade debtors 898 636
Amounts owed by group undertakings 1,795,050 1,789,150
Other debtors 107,447 74,637
1,903,395 1,864,423

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£ £
Bank loans and overdrafts 50,000 50,000
Hire purchase contracts 24,014 36,485
Trade creditors 177,647 175,182
Taxation and social security 67,102 101,471
Other creditors 704,478 757,105
1,023,241 1,120,243

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.23 30.9.22
£ £
Bank loans 83,333 133,333
Hire purchase contracts 39,645 9,410
122,978 142,743

8. ULTIMATE CONTROLLING PARTY

The issued share capital is held by CPD Solutions (Holdings) Limited, a company which is controlled by Dr S N Coughlan.