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Company Registration No. 08093550 (England and Wales)
Computer Solutions Atherstone Limited Unaudited accounts for the year ended 30 June 2024
Computer Solutions Atherstone Limited Unaudited accounts Contents
Page
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Computer Solutions Atherstone Limited Company Information for the year ended 30 June 2024
Director
M Davis
Company Number
08093550 (England and Wales)
Registered Office
54a Long Street Atherstone Warwickshire CV9 1AU
Accountants
R M Accountancy Services Ltd The Old Post Office 137-139 Long Street Dordon Staffordshire B78 1SH
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Computer Solutions Atherstone Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,525 
10,624 
Current assets
Inventories
71,195 
55,500 
Debtors
28,040 
34,030 
Cash at bank and in hand
16,055 
20,265 
115,290 
109,795 
Creditors: amounts falling due within one year
(58,205)
(90,726)
Net current assets
57,085 
19,069 
Total assets less current liabilities
65,610 
29,693 
Creditors: amounts falling due after more than one year
(71,352)
(26,296)
Net (liabilities)/assets
(5,742)
3,397 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(5,744)
3,395 
Shareholders' funds
(5,742)
3,397 
For the year ending 30 June 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 23 August 2024 and were signed on its behalf by
M Davis Director Company Registration No. 08093550
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Computer Solutions Atherstone Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Computer Solutions Atherstone Limited is a private company, limited by shares, registered in England and Wales, registration number 08093550. The registered office is 54a Long Street, Atherstone, Warwickshire, CV9 1AU.
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.
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:
Motor vehicles
20% Reducing Balance
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.
Presentation currency
The accounts are presented in £ sterling.
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Computer Solutions Atherstone Limited Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 July 2023
20,750 
At 30 June 2024
20,750 
Depreciation
At 1 July 2023
10,126 
Charge for the year
2,099 
At 30 June 2024
12,225 
Net book value
At 30 June 2024
8,525 
At 30 June 2023
10,624 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
944 
944 
Amounts due from group undertakings etc.
25,888 
25,028 
Accrued income and prepayments
- 
6,850 
Other debtors
1,208 
1,208 
28,040 
34,030 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
36,902 
30,392 
VAT
6,753 
10,609 
Trade creditors
9,216 
7,251 
Taxes and social security
280 
11,587 
Other creditors
3,515 
3,492 
Loans from directors
1,539 
27,395 
58,205 
90,726 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
71,352 
26,296 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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