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
Computer Solutions Atherstone Limited
Company Information
for the year ended 30 June 2024
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
Computer Solutions Atherstone Limited
Statement of financial position
as at 30 June 2024
Tangible assets
8,525
10,624
Cash at bank and in hand
16,055
20,265
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
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
Computer Solutions Atherstone Limited
Notes to the Accounts
for the year ended 30 June 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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 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.
The accounts are presented in £ sterling.
Computer Solutions Atherstone Limited
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Amounts due from group undertakings etc.
25,888
25,028
Accrued income and prepayments
-
6,850
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
36,902
30,392
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
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).