Acorah Software Products - Accounts Production 16.0.110 false true 30 March 2023 31 March 2022 false 31 March 2023 30 March 2024 30 March 2024 04707210 Mr Glen Hillier-Rees Mrs Julie Midgley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04707210 2023-03-30 04707210 2024-03-30 04707210 2023-03-31 2024-03-30 04707210 frs-core:CurrentFinancialInstruments 2024-03-30 04707210 frs-core:FurnitureFittings 2024-03-30 04707210 frs-core:FurnitureFittings 2023-03-31 2024-03-30 04707210 frs-core:FurnitureFittings 2023-03-30 04707210 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-30 04707210 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-31 2024-03-30 04707210 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-30 04707210 frs-core:MotorVehicles 2024-03-30 04707210 frs-core:MotorVehicles 2023-03-31 2024-03-30 04707210 frs-core:MotorVehicles 2023-03-30 04707210 frs-core:PlantMachinery 2024-03-30 04707210 frs-core:PlantMachinery 2023-03-31 2024-03-30 04707210 frs-core:PlantMachinery 2023-03-30 04707210 frs-core:ShareCapital 2024-03-30 04707210 frs-core:RetainedEarningsAccumulatedLosses 2024-03-30 04707210 frs-bus:PrivateLimitedCompanyLtd 2023-03-31 2024-03-30 04707210 frs-bus:FilletedAccounts 2023-03-31 2024-03-30 04707210 frs-bus:SmallEntities 2023-03-31 2024-03-30 04707210 frs-bus:AuditExempt-NoAccountantsReport 2023-03-31 2024-03-30 04707210 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-31 2024-03-30 04707210 frs-bus:Director1 2023-03-31 2024-03-30 04707210 frs-bus:CompanySecretary1 2023-03-31 2024-03-30 04707210 frs-countries:EnglandWales 2023-03-31 2024-03-30 04707210 2022-03-30 04707210 2023-03-30 04707210 2022-03-31 2023-03-30 04707210 frs-core:CurrentFinancialInstruments 2023-03-30 04707210 frs-core:ShareCapital 2023-03-30 04707210 frs-core:RetainedEarningsAccumulatedLosses 2023-03-30
Registered number: 04707210
CONTROL AND SERVICE TECHNOLOGY LIMITED
Unaudited Financial Statements
For The Year Ended 30 March 2024
CACD LLP
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 04707210
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 160,815 165,757
160,815 165,757
CURRENT ASSETS
Stocks 5 25,750 30,200
Debtors 6 23,834 128,027
Cash at bank and in hand 166,773 132,993
216,357 291,220
Creditors: Amounts Falling Due Within One Year 7 (69,222 ) (112,108 )
NET CURRENT ASSETS (LIABILITIES) 147,135 179,112
TOTAL ASSETS LESS CURRENT LIABILITIES 307,950 344,869
PROVISIONS FOR LIABILITIES
Deferred Taxation (3,955 ) (3,922 )
NET ASSETS 303,995 340,947
CAPITAL AND RESERVES
Called up share capital 8 700 700
Income Statement 303,295 340,247
SHAREHOLDERS' FUNDS 303,995 340,947
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Page 2
For the year ending 30 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Income Statement.
On behalf of the board
Mr Glen Hillier-Rees
Director
14/10/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
CONTROL AND SERVICE TECHNOLOGY LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 04707210 . The registered office is A Ogmore Crescent , Abergarw Trading Estate, Brynmenyn, Bridgend, Mid Glamorgan, CF32 9LW.
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 rendering of services. 
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 0%
Plant & Machinery 25%
Motor Vehicles 25%
Fixtures & Fittings 25%
No depreciation has been provided for in respect of freehold property. In the opinion of the director the freehold property is maintained to a high standard and accordingly there is no requirement for a depreciation charge. The depreciation previously chardged has been written back to the profit and loss account.
2.4. 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.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2023: 7)
5 7
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 31 March 2023 140,000 74,391 48,695 33,054 296,140
Additions - 309 - 1,160 1,469
Disposals - - (6,500 ) - (6,500 )
As at 30 March 2024 140,000 74,700 42,195 34,214 291,109
Depreciation
As at 31 March 2023 - 62,975 37,107 30,301 130,383
Provided during the period - 2,859 2,802 372 6,033
Disposals - - (6,122 ) - (6,122 )
As at 30 March 2024 - 65,834 33,787 30,673 130,294
Net Book Value
As at 30 March 2024 140,000 8,866 8,408 3,541 160,815
As at 31 March 2023 140,000 11,416 11,588 2,753 165,757
5. Stocks
2024 2023
£ £
Stock 25,750 22,350
Work in progress - 7,850
25,750 30,200
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 20,338 128,027
Prepayments and accrued income 3,496 -
23,834 128,027
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors - 65,017
Corporation tax 944 -
Other taxes and social security 6,370 13,969
Other creditors 630 1,206
Director's loan account 61,278 31,916
69,222 112,108
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 700 700
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