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Company Registration No. 7901679 (England and Wales)
Control Technologies UK Ltd Unaudited accounts for the year ended 31 March 2024
Control Technologies UK Ltd Unaudited accounts Contents
Page
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Control Technologies UK Ltd Company Information for the year ended 31 March 2024
Directors
Mark Wood Mark Blakemore Neil James Blakemore
Company Number
7901679 (England and Wales)
Registered Office
Unit A Angel Business Centre Luton Road Toddington Bedfordshire LU5 6DE United Kingdom
Accountants
Mayflower Accountancy & Tax Limited 10 Alma Farm Road Toddington Dunstable Bedfordshire LU5 6BG
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Control Technologies UK Ltd for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Control Technologies UK Ltd for the year ended 31 March 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Mayflower Accountancy & Tax Limited Member in Practice 10 Alma Farm Road Toddington Dunstable Bedfordshire LU5 6BG 31 May 2024
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Control Technologies UK Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
5,600 
7,000 
Tangible assets
28,553 
23,211 
34,153 
30,211 
Current assets
Inventories
136,796 
117,154 
Debtors
279,032 
155,862 
Cash at bank and in hand
39,598 
163,959 
455,426 
436,975 
Creditors: amounts falling due within one year
(284,699)
(332,580)
Net current assets
170,727 
104,395 
Total assets less current liabilities
204,880 
134,606 
Creditors: amounts falling due after more than one year
(141,359)
(163,140)
Provisions for liabilities
Deferred tax
(6,559)
(5,809)
Net assets/(liabilities)
56,962 
(34,343)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
56,862 
(34,443)
Shareholders' funds
56,962 
(34,343)
For the year ending 31 March 2024 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 21 August 2024 and were signed on its behalf by
Mark Wood Director Company Registration No. 7901679
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Control Technologies UK Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Control Technologies UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 7901679. The registered office is Unit A Angel Business Centre, Luton Road, Toddington, Bedfordshire, LU5 6DE, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
3 Year Straight Line
Fixtures & fittings
3 Year Straight Line
Computer equipment
3 Year Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Control Technologies UK Ltd Notes to the Accounts for the year ended 31 March 2024
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
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.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2023
7,000 
At 31 March 2024
7,000 
Amortisation
At 1 April 2023
- 
Charge for the year
1,400 
At 31 March 2024
1,400 
Net book value
At 31 March 2024
5,600 
At 31 March 2023
7,000 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
4,967 
12,311 
101,379 
118,657 
Additions
9,328 
12,380 
6,017 
27,725 
Disposals
(318)
- 
- 
(318)
At 31 March 2024
13,977 
24,691 
107,396 
146,064 
Depreciation
At 1 April 2023
1,999 
7,014 
86,433 
95,446 
Charge for the year
5,169 
4,705 
12,385 
22,259 
On disposals
(194)
- 
- 
(194)
At 31 March 2024
6,974 
11,719 
98,818 
117,511 
Net book value
At 31 March 2024
7,003 
12,972 
8,578 
28,553 
At 31 March 2023
2,968 
5,297 
14,946 
23,211 
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Control Technologies UK Ltd Notes to the Accounts for the year ended 31 March 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
261,124 
133,839 
Accrued income and prepayments
16,808 
20,783 
Other debtors
1,100 
1,240 
279,032 
155,862 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,996 
18,587 
VAT
63,753 
87,591 
Trade creditors
145,679 
154,937 
Taxes and social security
(741)
(36,113)
Other creditors
47,071 
16,842 
Accruals
7,849 
23,260 
Deferred income
11,092 
67,476 
284,699 
332,580 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,843 
25,839 
Other creditors
125,516 
125,516 
Loans from directors
- 
11,785 
141,359 
163,140 
9
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
6,559 
5,809 
2024 
2023 
£ 
£ 
Provision at start of year
5,809 
- 
Charged to the profit and loss account
750 
5,809 
Provision at end of year
6,559 
5,809 
10
Average number of employees
During the year the average number of employees was 12 (2023: 14).
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