07468307falsecarpentry and partition services2022-08-012023-07-31http://www.companieshouse.gov.uk/2022-07-31http://www.companieshouse.gov.uk/cd:CompanySecretary12022-08-012023-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-07-31http://www.companieshouse.gov.uk/cd:Director12022-08-012023-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-07-31http://www.companieshouse.gov.uk/cd:Director22022-08-012023-07-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2022-07-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-08-012023-07-31http://www.companieshouse.gov.uk/pt:MotorCars2022-07-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-08-012023-07-31http://www.companieshouse.gov.uk/pt:MotorCars2023-07-31http://www.companieshouse.gov.uk/pt:NetGoodwill2023-07-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-08-012023-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-07-31http://www.companieshouse.gov.uk/pt:NetGoodwill2022-08-012023-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-07-31http://www.companieshouse.gov.uk/2022-08-012023-07-31http://www.companieshouse.gov.uk/2022-07-31http://www.companieshouse.gov.uk/cd:FRS1022022-08-012023-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-08-012023-07-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-08-012023-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07468307

Carpentry and Partition Services Limited

ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2023

Prepared By:
Greywalls Accountants Limited
13 Isis Lake
Spine Road
South Cerney
Cirencester
GL7 5LT

Carpentry and Partition Services Limited

ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2023
DIRECTORS
P Palfreeman
J Cornago
SECRETARY
M Palfreeman
REGISTERED OFFICE
Nexus Business Centre
Unit 6 Darby Close
Cheney Manor
Swindon
SN2 2PN
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07468307
ACCOUNTANTS
Greywalls Accountants Limited
13 Isis Lake
Spine Road
South Cerney
Cirencester
GL7 5LT

Carpentry and Partition Services Limited

ACCOUNTS
FOR THEYEARENDED31 JULY 2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Carpentry and Partition Services Limited

BALANCE SHEET AT 31 July 2023
20232022
Notes££
FIXED ASSETS
Tangible assets316,91115,589
CURRENT ASSETS
Debtors442,53369,563
Cash at bank and in hand198,025308,188
240,558377,751
CREDITORS: Amounts falling due within one year5244,555354,738
NET CURRENT (LIABILITIES) / ASSETS(3,997)23,013
TOTAL ASSETS LESS CURRENT LIABILITIES12,91438,602
PROVISIONS FOR LIABILITIES AND CHARGES74,2282,962
NET ASSETS8,68635,640
CAPITAL AND RESERVES
Called up share capital8400400
Profit and loss account8,28635,240
SHAREHOLDERS' FUNDS8,68635,640
For the year ending 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 3 April 2024 and signed on their behalf by
.............................
J Cornago
Director

Carpentry and Partition Services Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 JULY 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting FRS 1021 a
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A small entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. The financial statements have been prepared under the historical cost convention.
1b. Going Concern
The company continues to be profitable and the directors' have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the annual financial statements.
1c. Depreciation
Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.
Depreciation is provided on the following basis:
Motor Carsreducing balance25%
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Carpentry and Partition Services Limited

1e. Leasing Commitments
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.
1f. Functional Currency
The financial statements are prepared in pounds sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
1g. Taxation
The tax expense for the year comprises current and deferred tax. Tax is recognised in the Statement of comprehensive income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that; the recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.
Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
1h. Turnover
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:
Turnover from the sale of goods is recognised when all of the following conditions are satisfied: a) the Company has transferred the significant risks and rewards of ownership to the buyer; b) the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; c) the amount of turnover can be measured reliably; d) it is probable that the Company will receive the consideration due under the transaction; and e) the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Carpentry and Partition Services Limited

2. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 1 August 2022126,000126,000
At 31 July 2023126,000126,000
Depreciation
At 1 August 2022126,000126,000
At 31 July 2023126,000126,000
Net Book Amounts
At 31 July 2023--
3. TANGIBLE FIXED ASSETS
Fixtures
and FittingsMotor CarsTotal
£££
Cost
At 1 August 20223,64961,80865,457
Additions-10,64310,643
Disposals-(11,643)(11,643)
At 31 July 20233,64960,80864,457
Depreciation
At 1 August 20223,64846,22049,868
Disposals-(7,959)(7,959)
For the year-5,6375,637
At 31 July 20233,64843,89847,546
Net Book Amounts
At 31 July 2023116,91016,911
At 31 July 2022115,58815,589
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors41,98468,294
VAT5491,269
42,53369,563

Carpentry and Partition Services Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax42,69785,783
PAYE control10,92113,682
Directors current account6666
Trade creditors1589,451
Accruals16,09121,534
Amounts due to group companies174,622224,222
244,555354,738
6. EMPLOYEES
20232022
No.No.
Average number of employees77
7. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation4,2282,962
4,2282,962
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
400 Ordinary shares of £1.00 each400400
400400
9. CONTROLLING PARTY
The company's ultimate holding company is CPS (Swindon) Limited, a company is incorporated in England and Wales. There is no overall controlling party.

Carpentry and Partition Services Limited

10. RELATED PARTY TRANSACTIONS
During the year the company paid dividends of £190,000 (2022: £349,600), to its holding company, CPS (Swindon) Limited. As at the year end, the company owed its holding company £174,622 (2022: £224,222). This balance is payable on demand and is non-interest bearing.
11. GENERAL INFORMATION
Carpentry and Partition Services Limited is a private company, limited by shares, domiciled in England and Wales, registration number 07468307. The registered office is Nexus Business Centre, Unit 6 Darby Close, Cheney Manor Industrial Estate, Swindon, SN2 2PN.
12. PARENT UNDERTAKING
The companies parent undertaking is CPS (Swindon) Limited, whose registered office is Nexus Business Centre, Unit 6 Darby Close, Cheney Manor Industrial Estate, Swindon, SN2 2PN.