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REGISTERED NUMBER: 08331073 (England and Wales)















Unaudited Financial Statements

for the Period 1 January 2024 to 31 March 2024

for

C-Tech Solutions Limited

C-Tech Solutions Limited (Registered number: 08331073)






Contents of the Financial Statements
for the Period 1 January 2024 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


C-Tech Solutions Limited

Company Information
for the Period 1 January 2024 to 31 March 2024







DIRECTORS: Mr M Empson
Mrs S Empson





REGISTERED OFFICE: Unit 7 South Buck Way
Rectory Lane
Guisborough
Cleveland
TS14 7FJ





REGISTERED NUMBER: 08331073 (England and Wales)





ACCOUNTANTS: Milner Smeaton
Chartered Accountants and Chartered Tax Advisers
Viking House
Falcon Court
Preston Farm
Stockton-on-Tees
TS18 3TS

C-Tech Solutions Limited (Registered number: 08331073)

Balance Sheet
31 March 2024

31.3.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 61,886 64,207

CURRENT ASSETS
Stocks 16,280 73,814
Debtors 5 288,644 306,841
Cash at bank 233,202 57,110
538,126 437,765
CREDITORS
Amounts falling due within one year 6 202,880 128,308
NET CURRENT ASSETS 335,246 309,457
TOTAL ASSETS LESS CURRENT
LIABILITIES

397,132

373,664

CREDITORS
Amounts falling due after more than one year 7 84,159 92,478
NET ASSETS 312,973 281,186

CAPITAL AND RESERVES
Allotted, called up and fully paid share capital 1,000 1,000
Capital redemption reserve 1,000 1,000
Retained earnings 310,973 279,186
312,973 281,186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 16 August 2024 and were signed on its behalf by:





Mr M Empson - Director


C-Tech Solutions Limited (Registered number: 08331073)

Notes to the Financial Statements
for the Period 1 January 2024 to 31 March 2024

1. STATUTORY INFORMATION

C-Tech Solutions 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.

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 each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 25% on cost, 20% on cost and 15% on 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 stocks to their present location and condition.

Taxation
Taxation for the period 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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2023 - NIL ) .

C-Tech Solutions Limited (Registered number: 08331073)

Notes to the Financial Statements - continued
for the Period 1 January 2024 to 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 60,579
Additions 65,116
At 31 March 2024 125,695
DEPRECIATION
At 1 January 2024 55,068
Charge for period 8,741
At 31 March 2024 63,809
NET BOOK VALUE
At 31 March 2024 61,886
At 31 December 2023 5,511

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.12.23
£    £   
Trade debtors 285,867 299,479
Amounts owed by group undertakings 150 -
Other debtors 2,627 7,362
288,644 306,841

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.12.23
£    £   
Hire purchase contracts 7,894 7,693
Trade creditors 49,873 30,338
Taxation and social security 116,399 64,597
Other creditors 28,714 25,680
202,880 128,308

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.12.23
£    £   
Hire purchase contracts 36,040 38,091
Other creditors 48,119 54,387
84,159 92,478