IRIS Accounts Production v24.1.4.33 06458992 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false 104983 64151 164440 91234 77019 50402 192404 104983 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh064589922023-03-31064589922024-03-31064589922023-04-012024-03-31064589922022-03-31064589922022-04-012023-03-31064589922023-03-3106458992ns15:EnglandWales2023-04-012024-03-3106458992ns14:PoundSterling2023-04-012024-03-3106458992ns10:Director12023-04-012024-03-3106458992ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106458992ns10:SmallEntities2023-04-012024-03-3106458992ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106458992ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106458992ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106458992ns10:FullAccounts2023-04-012024-03-310645899242ns10:Director22023-03-310645899242ns10:Director22022-03-310645899242ns10:Director22023-04-012024-03-310645899242ns10:Director22022-04-012023-03-310645899242ns10:Director22024-03-310645899242ns10:Director22023-03-3106458992ns10:Director22023-04-012024-03-3106458992ns10:CompanySecretary12023-04-012024-03-3106458992ns10:RegisteredOffice2023-04-012024-03-3106458992ns5:CurrentFinancialInstruments2024-03-3106458992ns5:CurrentFinancialInstruments2023-03-3106458992ns5:Non-currentFinancialInstruments2024-03-3106458992ns5:Non-currentFinancialInstruments2023-03-3106458992ns5:ShareCapital2024-03-3106458992ns5:ShareCapital2023-03-3106458992ns5:RetainedEarningsAccumulatedLosses2024-03-3106458992ns5:RetainedEarningsAccumulatedLosses2023-03-3106458992ns5:LeaseholdImprovements2023-03-3106458992ns5:FurnitureFittings2023-03-3106458992ns5:MotorVehicles2023-03-3106458992ns5:LeaseholdImprovements2023-04-012024-03-3106458992ns5:FurnitureFittings2023-04-012024-03-3106458992ns5:MotorVehicles2023-04-012024-03-3106458992ns5:LeaseholdImprovements2024-03-3106458992ns5:FurnitureFittings2024-03-3106458992ns5:MotorVehicles2024-03-3106458992ns5:LeaseholdImprovements2023-03-3106458992ns5:FurnitureFittings2023-03-3106458992ns5:MotorVehicles2023-03-3106458992ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3106458992ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3106458992ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-03-3106458992ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3106458992ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-03-3106458992ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-03-31064589921ns10:Director12023-03-31064589921ns10:Director12022-03-31064589921ns10:Director12023-04-012024-03-31064589921ns10:Director12022-04-012023-03-31064589921ns10:Director12024-03-31064589921ns10:Director12023-03-310645899212023-04-012024-03-31
REGISTERED NUMBER: 06458992 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CPW EXECUTIVE SERVICES LIMITED

CPW EXECUTIVE SERVICES LIMITED (REGISTERED NUMBER: 06458992)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CPW EXECUTIVE SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: C P Whiteley
Mrs A Whiteley





SECRETARY: Mrs A Whiteley





REGISTERED OFFICE: 128 London Road
Stockton Heath
Warrington
WA4 6LE





REGISTERED NUMBER: 06458992 (England and Wales)





ACCOUNTANTS: Fairhurst
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

CPW EXECUTIVE SERVICES LIMITED (REGISTERED NUMBER: 06458992)

STATEMENT OF FINANCIAL POSITION
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 56,448 62,139

CURRENT ASSETS
Debtors 5 327,564 145,831
Cash at bank and in hand 969 5,781
328,533 151,612
CREDITORS
Amounts falling due within one year 6 250,982 134,973
NET CURRENT ASSETS 77,551 16,639
TOTAL ASSETS LESS CURRENT
LIABILITIES

133,999

78,778

CREDITORS
Amounts falling due after more than one year 7 (49,271 ) (23,208 )

PROVISIONS FOR LIABILITIES (1,404 ) (823 )
NET ASSETS 83,324 54,747

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 83,224 54,647
SHAREHOLDERS' FUNDS 83,324 54,747

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.

CPW EXECUTIVE SERVICES LIMITED (REGISTERED NUMBER: 06458992)

STATEMENT OF FINANCIAL POSITION - continued
31 March 2024


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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2024 and were signed on its behalf by:





C P Whiteley - Director


CPW EXECUTIVE SERVICES LIMITED (REGISTERED NUMBER: 06458992)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

CPW Executive 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The principal accounting policies adopted in the preparation of the financial statements are set out below.

Turnover
Turnover is measured at the fair value of the consideration received or receivable for services provided and is shown net of Vat.

Turnover is recognised when the service has been provided.

Grant income received in respect of the Coronavirus Job Retention Scheme in recognised in the accounting period in which the underlying furloughed staff costs relate to.

Grant income received in respect of the Coronavirus Small Business Grant Fund has been recognised in the accounting period it was received on the basis that entitlement criteria is met and it does not have any performance criteria as its purpose is to provide immediate financial support

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at the following rates in order to write off the costs less estimated residual value of each asset over its estimated useful life.

Office equipment15% reducing balance
Motor vehicles25% reducing balance

Financial instruments
Debt instruments that are payable or receivable within one year, typically trade creditors and trade debtors, are measured initially and subsequently at the undiscounted amount of the cash that is expected to be paid or received.

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 statement of financial position date.


CPW EXECUTIVE SERVICES LIMITED (REGISTERED NUMBER: 06458992)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2023 67,689 18,385 7,210 93,284
Additions - 2,681 - 2,681
At 31 March 2024 67,689 21,066 7,210 95,965
DEPRECIATION
At 1 April 2023 13,292 11,049 6,804 31,145
Charge for year 6,769 1,502 101 8,372
At 31 March 2024 20,061 12,551 6,905 39,517
NET BOOK VALUE
At 31 March 2024 47,628 8,515 305 56,448
At 31 March 2023 54,397 7,336 406 62,139

CPW EXECUTIVE SERVICES LIMITED (REGISTERED NUMBER: 06458992)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 79,749 6,900
Directors' loan accounts 192,404 104,984
Taxation recoverable 41,430 20,549
Prepayments 1,750 250
315,333 132,683

Amounts falling due after more than one year:
Other debtors 12,231 13,148

Aggregate amounts 327,564 145,831

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 22,037 10,000
Trade creditors 16,274 29,664
Corporation tax 112,457 67,079
Social security and other taxes 31,421 8,656
Accruals and deferred income 68,793 19,574
250,982 134,973

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 22,000 10,000
Bank loans - 2-5 years 27,271 13,208
49,271 23,208

CPW EXECUTIVE SERVICES LIMITED (REGISTERED NUMBER: 06458992)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
C P Whiteley and Mrs A Whiteley
Balance outstanding at start of year 104,983 64,151
Amounts advanced 164,440 91,234
Amounts repaid (77,019 ) (50,402 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 192,404 104,983

No Interest has been charged on the loan.

9. POST BALANCE SHEET EVENTS

Since the reporting date a dividend of £80,000, has been declared on the company's ordinary share capital.

10. ULTIMATE CONTROLLING PARTY

The company is under the control of the directors.