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REGISTERED NUMBER: 11523515 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

CTSL Spill Specialists Limited

CTSL Spill Specialists Limited (Registered number: 11523515)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CTSL Spill Specialists Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr I Hodge
Mr I Rennie
Ms E Muirhead





SECRETARY:





REGISTERED OFFICE: Richard House
9 Winckley Square
Preston
PR1 3HP





REGISTERED NUMBER: 11523515 (England and Wales)





ACCOUNTANTS: Stephen Round Limited
Chartered Certified Accountants
366 Holcombe Road
Greenmount
Bury
Lancashire
BL8 4DT

CTSL Spill Specialists Limited (Registered number: 11523515)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,027 15,849

CURRENT ASSETS
Debtors 5 658,579 1,030,994
Cash at bank 14,241 71,997
672,820 1,102,991
CREDITORS
Amounts falling due within one year 6 473,410 704,395
NET CURRENT ASSETS 199,410 398,596
TOTAL ASSETS LESS CURRENT
LIABILITIES

209,437

414,445

PROVISIONS FOR LIABILITIES 2,317 2,317
NET ASSETS 207,120 412,128

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 207,020 412,028
207,120 412,128

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.

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 2 November 2024 and were signed on its behalf by:



Mr I Hodge - Director


CTSL Spill Specialists Limited (Registered number: 11523515)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

CTSL Spill Specialists 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 - 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 27 ) .

CTSL Spill Specialists Limited (Registered number: 11523515)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 69,348
Additions 7,113
Disposals (789 )
At 31 March 2024 75,672
DEPRECIATION
At 1 April 2023 53,499
Charge for year 12,935
Eliminated on disposal (789 )
At 31 March 2024 65,645
NET BOOK VALUE
At 31 March 2024 10,027
At 31 March 2023 15,849

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 564,758 862,666
Amounts owed by group undertakings 83,876 165,597
Other debtors 9,945 2,731
658,579 1,030,994

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 110,316 361,133
Trade creditors 128,454 167,599
Taxation and social security 124,985 109,124
Other creditors 109,655 66,539
473,410 704,395