Company registration number 06923160 (England and Wales)
CPL SERVICE RESPONSE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
PAGES FOR FILING WITH REGISTRAR
CPL SERVICE RESPONSE LIMITED
COMPANY INFORMATION
Directors
Mr C Isakovic
Mr S Marcetic
Mr R Perks
Mr A E B Cartwright
Company number
06923160
Registered office
Kingsnorth House
Blenheim Way
Kingstanding
Birmingham
West Midlands
United Kingdom
B44 8LS
Accountants
Malcolm Piper & Company Limited
Kingsnorth House
Blenheim Way
Birmingham
West Midlands
United Kingdom
B44 8LS
CPL SERVICE RESPONSE LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 7
CPL SERVICE RESPONSE LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CPL SERVICE RESPONSE LIMITED FOR THE YEAR ENDED 31 DECEMBER 2023
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CPL Service Response Limited for the year ended 31 December 2023 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the Board of Directors of CPL Service Response Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CPL Service Response Limited and state those matters that we have agreed to state to the Board of Directors of CPL Service Response Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CPL Service Response Limited and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that CPL Service Response Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CPL Service Response Limited. You consider that CPL Service Response Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of CPL Service Response Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Malcolm Piper & Company Limited
14 August 2024
Chartered Accountants
Kingsnorth House
Blenheim Way
Birmingham
West Midlands
United Kingdom
B44 8LS
CPL SERVICE RESPONSE LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2023
31 December 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
160,579
114,933
Current assets
Stocks
5,820
4,928
Debtors
4
1,059,214
945,530
Cash at bank and in hand
362,476
546,744
1,427,510
1,497,202
Creditors: amounts falling due within one year
5
(1,038,172)
(1,094,650)
Net current assets
389,338
402,552
Total assets less current liabilities
549,917
517,485
Creditors: amounts falling due after more than one year
6
(58,652)
(58,858)
Provisions for liabilities
8
(43,244)
(28,733)
Net assets
448,021
429,894
Capital and reserves
Called up share capital
9
100
70
Share premium account
12,995
Profit and loss reserves
434,926
429,824
Total equity
448,021
429,894
For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
CPL SERVICE RESPONSE LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 DECEMBER 2023
31 December 2023
- 3 -
The financial statements were approved by the board of directors and authorised for issue on 14 August 2024 and are signed on its behalf by:
Mr S Marcetic
Director
Company Registration No. 06923160
CPL SERVICE RESPONSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
- 4 -
1
Accounting policies
Company information
CPL Service Response Limited is a private company limited by shares incorporated in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements have been prepared under the historical cost convention.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.
1.3
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
25% straight line
Motor vehicles
25% on reducing balance
1.4
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
1.5
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
CPL SERVICE RESPONSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
1
Accounting policies
(Continued)
- 5 -
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.
1.6
Leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
32
28
3
Tangible fixed assets
Plant and machinery
Motor vehicles
Total
£
£
£
Cost
At 1 January 2023
38,918
116,398
155,316
Additions
5,205
88,297
93,502
Disposals
(13,775)
(13,775)
At 31 December 2023
30,348
204,695
235,043
Depreciation and impairment
At 1 January 2023
27,858
12,525
40,383
Depreciation charged in the year
3,745
41,623
45,368
Eliminated in respect of disposals
(11,287)
(11,287)
At 31 December 2023
20,316
54,148
74,464
Carrying amount
At 31 December 2023
10,032
150,547
160,579
At 31 December 2022
11,060
103,873
114,933
CPL SERVICE RESPONSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
3
Tangible fixed assets
(Continued)
- 6 -
Included within plant and machinery, etc. are assets with a net book value of £127,996 (2022 - £88,665) which are held as security against the finance lease agreements to which they relate.
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
730,921
598,454
Amounts recoverable on contract
217,922
234,253
Amounts owed by group undertakings
36,558
72,990
Other debtors
73,813
39,833
1,059,214
945,530
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
477,034
389,471
Amounts owed to group undertakings and undertakings in which the company has a participating interest
371,139
505,324
Taxation and social security
90,209
135,207
Other creditors
99,790
64,648
1,038,172
1,094,650
6
Creditors: amounts falling due after more than one year
2023
2022
£
£
Other creditors
58,652
58,858
7
Secured debts
2023
2022
£
£
Hire purchases
113,837
90,211
Payable within one year
55,185
31,353
Payable after one year
58,652
58,858
The hire purchase balances are secured against the assets to which they relate.
CPL SERVICE RESPONSE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2023
- 7 -
8
Deferred taxation
Liabilities
Liabilities
2023
2022
Balances:
£
£
Accelerated capital allowances
43,244
28,733
2023
Movements in the year:
£
Liability at 1 January 2023
28,733
Charge to profit or loss
14,511
Liability at 31 December 2023
43,244
9
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
-
70
-
70
A Ordinary of £1 each
95
-
95
-
B Ordinary of £1 each
5
-
5
-
100
70
100
70
10
Operating lease commitments
Lessee
At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:
2023
2022
£
£
Within one year
9,239
56,566
Between two and five years
10,534
57,142
19,773
113,708
11
Parent company
CPL FM Group Limited. a company registered in England and Wales, is regarded by the directors as being the company's parent company. Service Response Group Limited, a company registered in England and Wales, is the company's ultimate parent company at the balance sheet date. The registered office for both companies is Kingsnorth House, Blenheim Way, Birmingham B44 8LS.
2023-12-312023-01-01false14 August 2024CCH SoftwareCCH Accounts Production 2024.100No description of principal activityMr C IsakovicMr S MarceticMr R PerksMr A E B Cartwrightfalsefalse069231602023-01-012023-12-3106923160bus:Director12023-01-012023-12-3106923160bus:Director22023-01-012023-12-3106923160bus:Director32023-01-012023-12-3106923160bus:Director42023-01-012023-12-3106923160bus:RegisteredOffice2023-01-012023-12-31069231602023-12-31069231602022-12-3106923160core:PlantMachinery2023-12-3106923160core:MotorVehicles2023-12-3106923160core:PlantMachinery2022-12-3106923160core:MotorVehicles2022-12-3106923160core:CurrentFinancialInstrumentscore:WithinOneYear2023-12-3106923160core:CurrentFinancialInstrumentscore:WithinOneYear2022-12-3106923160core:Non-currentFinancialInstrumentscore:AfterOneYear2023-12-3106923160core:Non-currentFinancialInstrumentscore:AfterOneYear2022-12-3106923160core:CurrentFinancialInstruments2023-12-3106923160core:CurrentFinancialInstruments2022-12-3106923160core:ShareCapital2023-12-3106923160core:ShareCapital2022-12-3106923160core:SharePremium2023-12-3106923160core:SharePremium2022-12-3106923160core:RetainedEarningsAccumulatedLosses2023-12-3106923160core:RetainedEarningsAccumulatedLosses2022-12-3106923160core:ShareCapitalOrdinaryShares2023-12-3106923160core:ShareCapitalOrdinaryShares2022-12-3106923160core:PlantMachinery2023-01-012023-12-3106923160core:MotorVehicles2023-01-012023-12-31069231602022-01-012022-12-3106923160core:PlantMachinery2022-12-3106923160core:MotorVehicles2022-12-31069231602022-12-3106923160core:Non-currentFinancialInstruments2023-12-3106923160core:Non-currentFinancialInstruments2022-12-3106923160core:WithinOneYear2023-12-3106923160core:WithinOneYear2022-12-3106923160core:BetweenTwoFiveYears2023-12-3106923160core:BetweenTwoFiveYears2022-12-3106923160bus:PrivateLimitedCompanyLtd2023-01-012023-12-3106923160bus:SmallCompaniesRegimeForAccounts2023-01-012023-12-3106923160bus:FRS1022023-01-012023-12-3106923160bus:AuditExemptWithAccountantsReport2023-01-012023-12-3106923160bus:FullAccounts2023-01-012023-12-31xbrli:purexbrli:sharesiso4217:GBP