Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-311falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-04-01falseNo description of principal activity1truefalse 09689286 2023-04-01 2024-03-31 09689286 2022-04-01 2023-03-31 09689286 2024-03-31 09689286 2023-03-31 09689286 c:Director1 2023-04-01 2024-03-31 09689286 d:CurrentFinancialInstruments 2024-03-31 09689286 d:CurrentFinancialInstruments 2023-03-31 09689286 d:Non-currentFinancialInstruments 2024-03-31 09689286 d:Non-currentFinancialInstruments 2023-03-31 09689286 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09689286 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09689286 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 09689286 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 09689286 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 09689286 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 09689286 d:ShareCapital 2024-03-31 09689286 d:ShareCapital 2023-03-31 09689286 d:RetainedEarningsAccumulatedLosses 2024-03-31 09689286 d:RetainedEarningsAccumulatedLosses 2023-03-31 09689286 c:OrdinaryShareClass1 2023-04-01 2024-03-31 09689286 c:OrdinaryShareClass1 2024-03-31 09689286 c:OrdinaryShareClass1 2023-03-31 09689286 c:FRS102 2023-04-01 2024-03-31 09689286 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09689286 c:FullAccounts 2023-04-01 2024-03-31 09689286 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09689286 2 2023-04-01 2024-03-31 09689286 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 09689286














COMPLETE TRANSMISSIONS LTD
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED  31 MARCH 2024

 
COMPLETE TRANSMISSIONS LTD
 

CONTENTS



Page
Statement of financial position
 
1 - 2
Notes to the financial statements
 
3 - 5


 
COMPLETE TRANSMISSIONS LTD
REGISTERED NUMBER:09689286

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
15,778
26,106

Bank and cash balances
  
5,795
5,578

  
21,573
31,684

Creditors: amounts falling due within one year
  
(10,000)
(10,000)

Net current assets
  
 
 
11,573
 
 
21,684

Current liabilities
  

Creditors: amounts falling due after more than one year
 6 
(11,668)
(21,779)

  

Net liabilities
  
(95)
(95)


Capital and reserves
  

Called up share capital 
 8 
1
1

Profit and loss account
  
(96)
(96)

  
(95)
(95)


Page 1

 
COMPLETE TRANSMISSIONS LTD
REGISTERED NUMBER:09689286
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2024

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 October 2024.




R Gilbert
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
COMPLETE TRANSMISSIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Complete Transmissions Ltd is a company incorporated in England and Wales, with its registered office address at Unit 9 Totman Crescent, Brook Road Industrial Estate, Rayleigh, Essex, SS6 7UY.
The principal activity of the Company during the year was that of repair and maintenance of transport equipment.
The financial statements are presented in £ sterling, which is the functional currency of the Company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
COMPLETE TRANSMISSIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees

The average monthly number of employees, including the Director, during the year was as follows:


        2024
        2023
            No.
            No.







Director
1
1


4.


Debtors

2024
2023
£
£


Other debtors
15,778
26,106



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,000
10,000

10,000
10,000



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
11,668
21,779


Page 4

 
COMPLETE TRANSMISSIONS LTD
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000


Amounts falling due 2-5 years

Bank loans
11,669
21,778


21,669
31,778



8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary shares share of £1.00
1
1


 
Page 5