IRIS Accounts Production v23.2.0.158 11440678 director 1.7.22 30.6.23 30.6.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh114406782022-06-30114406782023-06-30114406782022-07-012023-06-30114406782021-06-30114406782021-07-012022-06-30114406782022-06-3011440678ns10:Originalns15:EnglandWales2022-07-012023-06-3011440678ns14:PoundSterlingns10:Original2022-07-012023-06-3011440678ns10:Originalns10:Director12022-07-012023-06-3011440678ns10:Original2022-07-012023-06-3011440678ns10:Original2023-06-3011440678ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3011440678ns10:Originalns10:SmallEntities2022-07-012023-06-3011440678ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3011440678ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3011440678ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3011440678ns10:Originalns10:FullAccounts2022-07-012023-06-3011440678ns10:Originalns10:RegisteredOffice2022-07-012023-06-3011440678ns10:Original2022-06-3011440678ns10:Originalns5:CurrentFinancialInstruments2023-06-3011440678ns10:Originalns5:CurrentFinancialInstruments2022-06-3011440678ns5:ShareCapitalns10:Original2023-06-3011440678ns5:ShareCapitalns10:Original2022-06-3011440678ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3011440678ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3011440678ns10:Originalns5:PlantMachinery2022-07-012023-06-3011440678ns10:Originalns5:ComputerEquipment2022-07-012023-06-3011440678ns10:Original2021-07-012022-06-3011440678ns10:Originalns5:PlantMachinery2022-06-3011440678ns10:Originalns5:ComputerEquipment2022-06-3011440678ns10:Original2022-06-3011440678ns10:Originalns5:PlantMachinery2023-06-3011440678ns10:Originalns5:ComputerEquipment2023-06-3011440678ns10:Originalns5:PlantMachinery2022-06-3011440678ns10:Originalns5:ComputerEquipment2022-06-30
REGISTERED NUMBER: 11440678 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

CONSERVALITE LTD

CONSERVALITE LTD (REGISTERED NUMBER: 11440678)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CONSERVALITE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTOR: S K Bryant





REGISTERED OFFICE: 79 Carn Brea Lane
Pool
Redruth
Cornwall
TR15 3DS





REGISTERED NUMBER: 11440678 (England and Wales)





ACCOUNTANT: Catherine Bennett Ltd
Chartered Accountant
Wheal Harmony House
Solomon Road
Redruth
Cornwall
TR15 1FD

CONSERVALITE LTD (REGISTERED NUMBER: 11440678)

BALANCE SHEET
30 JUNE 2023

30/6/23 30/6/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 812

CURRENT ASSETS
Debtors 5 501 470
Cash at bank 2,739 569
3,240 1,039
CREDITORS
Amounts falling due within one year 6 11,624 11,623
NET CURRENT LIABILITIES (8,384 ) (10,584 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,384

)

(9,772

)

PROVISIONS FOR LIABILITIES - 154
NET LIABILITIES (8,384 ) (9,926 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (8,484 ) (10,026 )
(8,384 ) (9,926 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 12 March 2024 and were signed by:




S K Bryant - Director


CONSERVALITE LTD (REGISTERED NUMBER: 11440678)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Conservalite Ltd 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.

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.
Plant and machinery - 25% on cost
Computer equipment - 33% 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.

Going concern
The company has net liabilities and is reliant upon the continued support of its director.

The director believes the going concern basis of preparing the financial statements to be appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

CONSERVALITE LTD (REGISTERED NUMBER: 11440678)

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

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 3,210 6,652 9,862
DEPRECIATION
At 1 July 2022 2,408 6,642 9,050
Charge for year 802 10 812
At 30 June 2023 3,210 6,652 9,862
NET BOOK VALUE
At 30 June 2023 - - -
At 30 June 2022 802 10 812

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/23 30/6/22
£    £   
Prepayments 501 470

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/23 30/6/22
£    £   
Directors' current accounts 10,400 10,400
Accrued expenses 1,224 1,223
11,624 11,623

7. RELATED PARTY DISCLOSURES

During the year sales of £NIL (2022 £750) were made to Bryant Electrical Engineers Ltd a company in which SK Bryant is shareholder and director. The transactions were at arm's length and undertaken in the course of the trade.