1 April 2023 false Taxfiler 2024.5 true 11537404business:PrivateLimitedCompanyLtd2023-04-012024-03-31 115374042023-03-31 115374042023-04-012024-03-31 11537404business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 11537404business:FilletedAccounts2023-04-012024-03-31 115374042024-03-31 11537404business:Director12023-04-012024-03-31 11537404business:RegisteredOffice2023-04-012024-03-31 115374042023-03-31 11537404core:WithinOneYear2024-03-31 11537404core:WithinOneYear2023-03-31 11537404core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 11537404core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 11537404core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 11537404core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11537404core:PreviouslyStatedAmount2024-03-31 11537404core:PreviouslyStatedAmount2023-03-31 11537404business:SmallEntities2023-04-012024-03-31 11537404countries:EnglandWales2023-04-012024-03-31 11537404core:MotorVehicles2023-04-012024-03-31 11537404core:MotorVehicles2023-03-31 11537404core:MotorVehicles2024-03-31 115374042022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11537404 (England and Wales)
CG Timber Solutions Limited Accounts for the year ended 31 March 2024
CG Timber Solutions Limited Accounts Contents
Page
- 2 -
CG Timber Solutions Limited Company Information for the year ended 31 March 2024
Director
Craig Gowland
Company Number
11537404 (England and Wales)
Registered Office
Office G26, CT3 Building Wigan Investment Centre Wigan WN3 5BA
Accountants
Tax50 Wigan Investment Centre Waterside Drive Wigan WN3 5BA
- 3 -
CG Timber Solutions Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,714 
- 
Current assets
Debtors
25,369 
17,492 
Cash at bank and in hand
2,529 
2,521 
27,898 
20,013 
Creditors: amounts falling due within one year
(16,880)
(2,367)
Net current assets
11,018 
17,646 
Net assets
26,732 
17,646 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
26,632 
17,546 
Shareholders' funds
26,732 
17,646 
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 director acknowledges his 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 and authorised for issue on 1 August 2024 and were signed on its behalf by
Craig Gowland Director Company Registration No. 11537404
- 4 -
CG Timber Solutions Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
CG Timber Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 11537404. The registered office is Office G26, CT3 Building, Wigan Investment Centre, Wigan, WN3 5BA.
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.
Going concern
The accounts have been prepared on a "Going Concern" basis, which assumes the company will continue to trade normally for the foreseeable future.
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:
Motor vehicles
20% Reducing Balance Basis
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2023
- 
Additions
19,642 
At 31 March 2024
19,642 
Depreciation
Charge for the year
3,928 
At 31 March 2024
3,928 
Net book value
At 31 March 2024
15,714 
- 5 -
CG Timber Solutions Limited Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,867 
4,272 
Other debtors
23,502 
13,220 
25,369 
17,492 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
14,401 
- 
Trade creditors
6,698 
- 
Taxes and social security
2,424 
2,367 
Loans from directors
(6,643)
- 
16,880 
2,367 
7
Average number of employees
During the year the average number of employees was 1 (2023: 2).
- 6 -