Acorah Software Products - Accounts Production 15.0.600 false true 31 January 2023 1 February 2022 false 1 February 2023 31 January 2024 31 January 2024 07486918 Mr M Powell Mr I C Powell Mrs P A Powell iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07486918 2023-01-31 07486918 2024-01-31 07486918 2023-02-01 2024-01-31 07486918 frs-core:ShareCapital 2024-01-31 07486918 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 07486918 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 07486918 frs-bus:FilletedAccounts 2023-02-01 2024-01-31 07486918 frs-bus:SmallEntities 2023-02-01 2024-01-31 07486918 frs-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 07486918 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 07486918 frs-bus:Director1 2023-02-01 2024-01-31 07486918 frs-bus:Director2 2023-02-01 2024-01-31 07486918 frs-bus:CompanySecretary1 2023-02-01 2024-01-31 07486918 frs-countries:EnglandWales 2023-02-01 2024-01-31 07486918 2022-01-31 07486918 2023-01-31 07486918 2022-02-01 2023-01-31 07486918 frs-core:ShareCapital 2023-01-31 07486918 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31
Registered number: 07486918
Controlled Energy Solutions Limited
Unaudited Financial Statements
For The Year Ended 31 January 2024
Finsbury Robinson Ltd
237 Westcombe Hill
London
SE3 7DW
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07486918
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 4 12,189 44,843
Debtors 57,762 5,543
Cash at bank and in hand 14,610 44,687
84,561 95,073
Creditors: Amounts Falling Due Within One Year (56,708 ) (68,459 )
NET CURRENT ASSETS (LIABILITIES) 27,853 26,614
TOTAL ASSETS LESS CURRENT LIABILITIES 27,853 26,614
NET ASSETS 27,853 26,614
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 27,753 26,514
SHAREHOLDERS' FUNDS 27,853 26,614
For the year ending 31 January 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr I C Powell
Director
18th October 2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Controlled Energy Solutions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07486918 . The registered office is Unit 2 Fitzroy Business Park, Sandy Lane, Sidcup, Kent, DA14 5NL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
Tax is recognised in the profit and loss account 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.
2.5. Pensions
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. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 2)
1 2
4. Stocks
2024 2023
£ £
Stock 12,189 44,843
Page 2
Page 3
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 3