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REGISTERED NUMBER: 03708892 (England and Wales)

























Financial Statements

for the Year Ended 31 March 2024

for

Compton Services Limited

Compton Services Limited (Registered number: 03708892)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Compton Services Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: T J Beese
Mrs D E Beese





SECRETARY: T J Beese





REGISTERED OFFICE: The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR





REGISTERED NUMBER: 03708892 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

Compton Services Limited (Registered number: 03708892)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,899 32,248
Investments 5 49,585 49,585
81,484 81,833

CURRENT ASSETS
Debtors 6 10,667 69,868
Cash at bank 167,786 111,424
178,453 181,292
CREDITORS
Amounts falling due within one year 7 17,546 36,455
NET CURRENT ASSETS 160,907 144,837
TOTAL ASSETS LESS CURRENT
LIABILITIES

242,391

226,670

CREDITORS
Amounts falling due after more than one
year

8

(16,000

)

(24,000

)

PROVISIONS FOR LIABILITIES (7,974 ) (8,062 )
NET ASSETS 218,417 194,608

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 218,413 194,604
SHAREHOLDERS' FUNDS 218,417 194,608

Compton Services Limited (Registered number: 03708892)

Balance Sheet - continued
31 March 2024


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

The members have not required the company to obtain an audit of its financial statements for the year 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 4 September 2024 and were signed on its behalf by:





T J Beese - Director


Compton Services Limited (Registered number: 03708892)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Compton Services 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.

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 and 20% on reducing balance

Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Compton Services Limited (Registered number: 03708892)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 105,146
Additions 8,048
At 31 March 2024 113,194
DEPRECIATION
At 1 April 2023 72,898
Charge for year 8,397
At 31 March 2024 81,295
NET BOOK VALUE
At 31 March 2024 31,899
At 31 March 2023 32,248

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 49,585
NET BOOK VALUE
At 31 March 2024 49,585
At 31 March 2023 49,585

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 10,510 30,297
Other debtors 157 39,571
10,667 69,868

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 265 9,901
Other creditors 17,281 26,554
17,546 36,455

Compton Services Limited (Registered number: 03708892)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Other creditors 16,000 24,000