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REGISTERED NUMBER: 03709130 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

CONTROL 2K LIMITED

CONTROL 2K LIMITED (REGISTERED NUMBER: 03709130)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CONTROL 2K LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: G S Bhullar
S Osborne
Mrs R S Davies





REGISTERED OFFICE: Waterton Technology Centre
Waterton Industrial Estate
Bridgend
CF31 3WT





REGISTERED NUMBER: 03709130 (England and Wales)





ACCOUNTANTS: DAVID WRIGHT ACCOUNTANTS LIMITED
Unit 10
Bridgend Business Park
Bennett Street
Bridgend
Glamorgan
CF31 3SH

CONTROL 2K LIMITED (REGISTERED NUMBER: 03709130)

BALANCE SHEET
31 MARCH 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 106,415 86,619

CURRENT ASSETS
Debtors 5 113,481 40,428
Cash at bank and in hand 91,998 163,247
205,479 203,675
CREDITORS
Amounts falling due within one year 6 89,467 76,532
NET CURRENT ASSETS 116,012 127,143
TOTAL ASSETS LESS CURRENT
LIABILITIES

222,427

213,762

PROVISIONS FOR LIABILITIES 20,218 -
NET ASSETS 202,209 213,762

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Share premium 973 973
Retained earnings 196,236 207,789
202,209 213,762

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.

CONTROL 2K LIMITED (REGISTERED NUMBER: 03709130)

BALANCE SHEET - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 October 2024 and were signed on its behalf by:




G S Bhullar - Director Mrs R S Davies - Director




S Osborne - Director


CONTROL 2K LIMITED (REGISTERED NUMBER: 03709130)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Control 2K 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 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.
Plant and machinery etc - 20% 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.

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.

CONTROL 2K LIMITED (REGISTERED NUMBER: 03709130)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 26,167 154,882 181,049
Additions - 64,653 64,653
Disposals (26,167 ) - (26,167 )
At 31 March 2024 - 219,535 219,535
DEPRECIATION
At 1 April 2023 - 94,430 94,430
Charge for year - 18,690 18,690
At 31 March 2024 - 113,120 113,120
NET BOOK VALUE
At 31 March 2024 - 106,415 106,415
At 31 March 2023 26,167 60,452 86,619

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 108,635 38,796
Other debtors 4,846 1,632
113,481 40,428

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors 8,752 12,586
Taxation and social security 9,269 23,975
Other creditors 71,446 39,971
89,467 76,532

CONTROL 2K LIMITED (REGISTERED NUMBER: 03709130)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31/3/24 31/3/23
£    £   
G S Bhullar
Balance outstanding at start of year 1,632 622
Amounts advanced - 1,123
Amounts repaid - (113 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,632 1,632