Company Registration No. 08770124 (England and Wales)
CS Contract Services Ltd
Unaudited accounts
for the year ended 30 November 2023
CS Contract Services Ltd
Unaudited accounts
Contents
CS Contract Services Ltd
Company Information
for the year ended 30 November 2023
Directors
R Enright
G J Reboul
Company Number
08770124 (England and Wales)
Registered Office
2 Homeground
Buckingham Industrial Park
Buckingham
BUCKINGHAMSHIRE
MK18 1UH
Accountants
Anthistle Craven
Moreton House
31 High Street
Buckingham
Bucks
MK18 1NU
CS Contract Services Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
110,074
18,429
Cash at bank and in hand
838,127
622,189
Creditors: amounts falling due within one year
(766,068)
(338,754)
Net current assets
511,083
424,841
Total assets less current liabilities
621,157
443,270
Creditors: amounts falling due after more than one year
(56,250)
(83,250)
Provisions for liabilities
Deferred tax
(25,316)
(3,501)
Net assets
539,591
356,519
Called up share capital
180
180
Profit and loss account
539,411
356,339
Shareholders' funds
539,591
356,519
For the year ending 30 November 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 March 2024 and were signed on its behalf by
G J Reboul
Director
Company Registration No. 08770124
CS Contract Services Ltd
Notes to the Accounts
for the year ended 30 November 2023
CS Contract Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 08770124. The registered office is 2 Homeground, Buckingham Industrial Park, Buckingham, BUCKINGHAMSHIRE, MK18 1UH.
2
Compliance with accounting standards
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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on reducing balance
Motor vehicles
20% on reducing balance
Fixtures & fittings
20% on reducing balance
Computer equipment
20% on reducing balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
CS Contract Services Ltd
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2022
485
16,500
1,424
7,581
25,990
Additions
435
117,422
972
695
119,524
Disposals
-
-
-
(383)
(383)
At 30 November 2023
920
133,922
2,396
7,893
145,131
At 1 December 2022
222
2,510
284
4,545
7,561
Charge for the year
140
26,282
422
673
27,517
On disposals
-
-
-
(21)
(21)
At 30 November 2023
362
28,792
706
5,197
35,057
At 30 November 2023
558
105,130
1,690
2,696
110,074
At 30 November 2022
263
13,990
1,140
3,036
18,429
Amounts falling due within one year
Trade debtors
410,613
90,609
Accrued income and prepayments
10,779
1,797
Other debtors
(5,256)
1,280
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
27,000
27,000
Trade creditors
102,493
217,622
Taxes and social security
568,137
60,324
Other creditors
67,293
32,663
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).