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Company Registration No. 15097034 (England and Wales)
COMPONENT HARDWARE SOLUTIONS LTD Unaudited accounts for the year ended 31 August 2024
COMPONENT HARDWARE SOLUTIONS LTD Unaudited accounts Contents
Page
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COMPONENT HARDWARE SOLUTIONS LTD Company Information for the year ended 31 August 2024
Directors
A Stride J Stride T Stride
Secretary
J Stride
Company Number
15097034 (England and Wales)
Registered Office
UNIT 6 WESTWINDS BUSINESS PARK LLANGAN BRIDGEND CF35 5DR WALES
Accountants
STAS Ltd 253 Cowbridge Road West Cardiff CF5 5TD
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COMPONENT HARDWARE SOLUTIONS LTD Statement of financial position as at 31 August 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
26,238 
Current assets
Inventories
132,950 
Debtors
76,290 
Cash at bank and in hand
64,868 
274,108 
Creditors: amounts falling due within one year
(317,230)
Net current liabilities
(43,122)
Net liabilities
(16,884)
Capital and reserves
Called up share capital
1 
Profit and loss account
(16,885)
Shareholders' funds
(16,884)
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 December 2024 and were signed on its behalf by
T Stride Director Company Registration No. 15097034
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COMPONENT HARDWARE SOLUTIONS LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
COMPONENT HARDWARE SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 15097034. The registered office is UNIT 6 WESTWINDS BUSINESS PARK, LLANGAN, BRIDGEND, CF35 5DR, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
3 to 5 years
Computer equipment
3 years
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Going concern
The accounts have been prepared on the going concern basis. The Directors and shareholders will continue to financially support the company and will not call in their directors loan, as the financial position was expected due to investments and sales timings. The support will be monitored and continually reviewed.
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COMPONENT HARDWARE SOLUTIONS LTD Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
- 
- 
- 
- 
Additions
15,423 
15,648 
365 
31,436 
At 31 August 2024
15,423 
15,648 
365 
31,436 
Depreciation
At 1 September 2023
3,011 
- 
- 
3,011 
Charge for the year
- 
2,096 
91 
2,187 
At 31 August 2024
3,011 
2,096 
91 
5,198 
Net book value
At 31 August 2024
12,412 
13,552 
274 
26,238 
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
72,213 
Accrued income and prepayments
202 
72,415 
Amounts falling due after more than one year
Other debtors
3,875 
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
10,831 
Taxes and social security
200 
Loans from directors
304,999 
Accruals
1,200 
317,230 
7
Average number of employees
During the year the average number of employees was 1.
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