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REGISTERED NUMBER: 07787623 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2023

FOR

CTC (PLANNING) LIMITED

CTC (PLANNING) LIMITED (REGISTERED NUMBER: 07787623)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023










Page

Company information 1

Statement of financial position 2 to 3

Notes to the financial statements 4 to 6


CTC (PLANNING) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2023







DIRECTOR: Mr T Waldron





REGISTERED OFFICE: 14 Victoria Square
Droitwich Spa
Worcestershire
WR9 8DS





REGISTERED NUMBER: 07787623 (England and Wales)





ACCOUNTANTS: NJR Accountancy Services Limited
14 Victoria Square
Droitwich Spa
Worcestershire
WR9 8DS

CTC (PLANNING) LIMITED (REGISTERED NUMBER: 07787623)

STATEMENT OF FINANCIAL POSITION
30TH APRIL 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 19,688 11,086
Investments 5 52 169
19,740 11,255

CURRENT ASSETS
Inventories 204,961 1,507
Debtors 6 620,382 483,514
Cash at bank 134,051 636,015
959,394 1,121,036
CREDITORS
Amounts falling due within one year 7 41,957 125,061
NET CURRENT ASSETS 917,437 995,975
TOTAL ASSETS LESS CURRENT LIABILITIES 937,177 1,007,230

CREDITORS
Amounts falling due after more than one
year

8

(22,403

)

(32,094

)

PROVISIONS FOR LIABILITIES (453 ) (2,106 )
NET ASSETS 914,321 973,030

CAPITAL AND RESERVES
Called up share capital 69 69
Retained earnings 914,252 972,961
SHAREHOLDERS' FUNDS 914,321 973,030

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

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

The director acknowledges his 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.

CTC (PLANNING) LIMITED (REGISTERED NUMBER: 07787623)

STATEMENT OF FINANCIAL POSITION - continued
30TH APRIL 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23rd October 2023 and were signed by:





Mr T Waldron - Director


CTC (PLANNING) LIMITED (REGISTERED NUMBER: 07787623)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023


1. STATUTORY INFORMATION

CTC (Planning) 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
Revenue 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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


CTC (PLANNING) LIMITED (REGISTERED NUMBER: 07787623)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1st May 2022 - 19,708 - 19,708
Additions 13,500 - 1,665 15,165
At 30th April 2023 13,500 19,708 1,665 34,873
DEPRECIATION
At 1st May 2022 - 8,622 - 8,622
Charge for year 3,375 2,772 416 6,563
At 30th April 2023 3,375 11,394 416 15,185
NET BOOK VALUE
At 30th April 2023 10,125 8,314 1,249 19,688
At 30th April 2022 - 11,086 - 11,086

CTC (PLANNING) LIMITED (REGISTERED NUMBER: 07787623)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st May 2022 169
Additions 51
Disposals (168 )
At 30th April 2023 52
NET BOOK VALUE
At 30th April 2023 52
At 30th April 2022 169

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 5,250 255,125
Amounts owed by group undertakings 613,835 227,755
Other debtors 1,297 634
620,382 483,514

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 4,836 11,238
Amounts owed to group undertakings 26,091 36,739
Taxation and social security 401 7,968
Other creditors 629 59,116
41,957 125,061

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.23 30.4.22
£    £   
Bank loans 22,403 32,094