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REGISTERED NUMBER: 12076686 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

C.T.S.L LTD

C.T.S.L LTD (REGISTERED NUMBER: 12076686)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C.T.S.L LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: Ms M Sims





REGISTERED OFFICE: 27 St Cuthberts Street
Bedford
MK40 3JG





REGISTERED NUMBER: 12076686 (England and Wales)





ACCOUNTANTS: Digital Tax Matters Limited
27 St Cuthberts Street
Bedford
MK40 3JG

C.T.S.L LTD (REGISTERED NUMBER: 12076686)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,851 17,273

CURRENT ASSETS
Debtors 5 94,797 202,694
Cash at bank 9,288 62,030
104,085 264,724
CREDITORS
Amounts falling due within one year 6 48,718 229,806
NET CURRENT ASSETS 55,367 34,918
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,218

52,191

CREDITORS
Amounts falling due after more than one
year

7

19,363

29,167
NET ASSETS 55,855 23,024

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 55,755 22,924
55,855 23,024

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

C.T.S.L LTD (REGISTERED NUMBER: 12076686)

BALANCE SHEET - continued
31 JULY 2023


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 director and authorised for issue on 14 October 2024 and were signed by:





Ms M Sims - Director


C.T.S.L LTD (REGISTERED NUMBER: 12076686)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

C.T.S.L Ltd 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.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 1 ) .

C.T.S.L LTD (REGISTERED NUMBER: 12076686)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 August 2022 12,330 15,600 27,930
Additions 2,746 5,700 8,446
At 31 July 2023 15,076 21,300 36,376
DEPRECIATION
At 1 August 2022 3,832 6,825 10,657
Charge for year 2,249 3,619 5,868
At 31 July 2023 6,081 10,444 16,525
NET BOOK VALUE
At 31 July 2023 8,995 10,856 19,851
At 31 July 2022 8,498 8,775 17,273

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 94,797 190,241
Other debtors - 12,453
94,797 202,694

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Taxation and social security 33,718 203,832
Other creditors 5,000 15,974
48,718 229,806

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 19,363 29,167