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Company Registration No. 10232195 (England and Wales)
CTR Communications Limited Unaudited accounts for the year ended 30 June 2024
CTR Communications Limited Unaudited accounts Contents
Page
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CTR Communications Limited Company Information for the year ended 30 June 2024
Director
A Carter
Company Number
10232195 (England and Wales)
Registered Office
71-75 Shelton Street Covent Garden London WC2H 9JQ
Accountants
Thursfields Accountancy Limited Business Lodge, Trent House 234 Victoria Road Stoke-on-Trent Staffordshire ST4 2LW
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CTR Communications Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
846 
1,147 
Tangible assets
132,918 
48,775 
133,764 
49,922 
Current assets
Inventories
56,978 
70,250 
Debtors
33,875 
122,986 
Cash at bank and in hand
130,881 
77,939 
221,734 
271,175 
Creditors: amounts falling due within one year
(93,348)
(129,895)
Net current assets
128,386 
141,280 
Total assets less current liabilities
262,150 
191,202 
Creditors: amounts falling due after more than one year
(14,810)
(24,961)
Provisions for liabilities
Deferred tax
(17,435)
(10,972)
Net assets
229,905 
155,269 
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CTR Communications Limited Statement of financial position as at 30 June 2024 (continued)
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
3,065 
3,065 
Profit and loss account
226,839 
152,203 
Shareholders' funds
229,905 
155,269 
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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 7 September 2024 and were signed on its behalf by
A Carter Director Company Registration No. 10232195
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CTR Communications Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
CTR Communications Limited is a private company, limited by shares, registered in England and Wales, registration number 10232195. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
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
25% Straight Line
Motor vehicles
20% Straight Line
Computer equipment
25% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Intangible assets are written off over a useful life of 10 years.
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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CTR Communications Limited Notes to the Accounts for the year ended 30 June 2024
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
Total 
£ 
Cost
At 1 July 2023
5,120 
At 30 June 2024
5,120 
Amortisation
At 1 July 2023
3,973 
Charge for the year
301 
At 30 June 2024
4,274 
Net book value
At 30 June 2024
846 
At 30 June 2023
1,147 
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 July 2023
86,736 
Additions
164,864 
Disposals
(56,405)
At 30 June 2024
195,195 
Depreciation
At 1 July 2023
37,961 
Charge for the year
29,335 
On disposals
(5,019)
At 30 June 2024
62,277 
Net book value
At 30 June 2024
132,918 
At 30 June 2023
48,775 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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CTR Communications Limited Notes to the Accounts for the year ended 30 June 2024
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
A Carter
Interest free repayable on demand loan
5,882 
- 
5,882 
- 
5,882 
- 
5,882 
- 
8
Controlling party
On 4 June 2024 CTR Capital Group Ltd became the parent company holding 100% of the issued share capital. CTR Capital Group Ltd - 15639735 10 Westsprink Crescent Stoke on Trent ST3 5JB
9
Average number of employees
During the year the average number of employees was 5 (2023: 4).
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