Camera Technology Solutions Ltd |
Registered Number:07806430 |
For the year ended 31 October 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 October 2023
Camera Technology Solutions Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Camera Technology Solutions Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
4,050
5,053
2
4,050
5,053
Trade and other receivables |
29,508
35,934
3
35,934
29,508
Trade and other payables: amounts falling due within one year |
(22,804)
(24,832)
4
6,704
11,102
Net current assets
Total assets less current liabilities |
15,152
11,757
Trade and other payables: amounts falling due after more than one |
year |
(26,045)
(22,854)
5
(7,702)
Net liabilities
(14,288)
1
1
(7,703)
(14,289)
(7,702)
(14,288)
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 30 July 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 October 2023
Camera Technology Solutions Ltd
Notes to the Financial Statements
Statutory Information
Camera Technology Solutions Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 07806430. |
1 St Pauls Close
Stalybridge
Cheshire
SK15 3DS
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The |
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
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. |
2. Property, plant and equipment |
11,973
6,277
5,696
5,696
6,277
11,973
Provision for depreciation and impairment |
6,920
3,816
3,104
Charge for year
1,003
615
388
7,923
4,431
3,492
2,204
1,846
4,050
2,592
2,461
5,053
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For the year ended 31 October 2023
Camera Technology Solutions Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2022
2023
35,934
29,508
4. Trade and other payables: amounts falling due within one year |
2022
2023
11,259
10,085
Taxation and social security |
9,583
9,524
3,990
3,195
24,832
22,804
5. Trade and other payables: amounts falling due after more than one year |
2022
2023
22,854
25,731
-
314
22,854
26,045
6. Average number of persons employed |
During the year the average number of employees was 1 (2022 : 1)
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