1 April 2023 false No description of principal activity Taxfiler 2024.6 NI651748business:PrivateLimitedCompanyLtd2023-04-012024-03-31 NI6517482023-03-31 NI6517482023-04-012024-03-31 NI651748business:AuditExemptWithAccountantsReport2023-04-012024-03-31 NI651748business:FilletedAccounts2023-04-012024-03-31 NI6517482024-03-31 NI6517482023-03-31 NI651748core:WithinOneYear2024-03-31 NI651748core:WithinOneYear2023-03-31 NI651748core:AfterOneYear2024-03-31 NI651748core:AfterOneYear2023-03-31 NI651748core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 NI651748core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 NI651748core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 NI651748core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 NI651748core:PreviouslyStatedAmount2024-03-31 NI651748core:PreviouslyStatedAmount2023-03-31 NI651748business:SmallEntities2023-04-012024-03-31 NI651748business:Director12023-04-012024-03-31 NI651748countries:NorthernIreland2023-04-012024-03-31 NI651748business:RegisteredOffice2023-04-012024-03-31 NI651748core:PlantMachinery2023-04-012024-03-31 NI651748core:MotorVehicles2023-04-012024-03-31 NI651748core:FurnitureFittings2023-04-012024-03-31 NI651748core:PlantMachinery2023-03-31 NI651748core:MotorVehicles2023-03-31 NI651748core:FurnitureFittings2023-03-31 NI651748core:PlantMachinery2024-03-31 NI651748core:MotorVehicles2024-03-31 NI651748core:FurnitureFittings2024-03-31 NI6517482022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. NI651748 (Northern Ireland)
Commercial and Plant Spraying Ltd Unaudited accounts for the year ended 31 March 2024
Commercial and Plant Spraying Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
260,796 
26,360 
Current assets
Inventories
28,440 
45,350 
Debtors
44,420 
38,250 
Cash at bank and in hand
37,347 
98,677 
110,207 
182,277 
Creditors: amounts falling due within one year
(298,842)
(129,877)
Net current (liabilities)/assets
(188,635)
52,400 
Total assets less current liabilities
72,161 
78,760 
Creditors: amounts falling due after more than one year
(6,128)
(29,100)
Net assets
66,033 
49,660 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
65,933 
49,560 
Shareholders' funds
66,033 
49,660 
For the year ending 31 March 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 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 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 and authorised for issue on 2 August 2024 and were signed on its behalf by
Martin Regan Director Company Registration No. NI651748
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Commercial and Plant Spraying Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Commercial and Plant Spraying Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI651748. The registered office and principal place of business is 10e Lurganagoose Road, Knockloughrim, Magherafelt, County Londonderry, BT45 8QS, Northern Ireland.
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
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Plant & machinery
20% Straight Line
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Straight Line
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
62,000 
78,600 
45,000 
185,600 
Additions
34,350 
270,311 
- 
304,661 
At 31 March 2024
96,350 
348,911 
45,000 
490,261 
Depreciation
At 1 April 2023
48,000 
68,600 
42,640 
159,240 
Charge for the year
19,250 
48,615 
2,360 
70,225 
At 31 March 2024
67,250 
117,215 
45,000 
229,465 
Net book value
At 31 March 2024
29,100 
231,696 
- 
260,796 
At 31 March 2023
14,000 
10,000 
2,360 
26,360 
- 3 -
Commercial and Plant Spraying Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
44,420 
38,250 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,834 
- 
VAT
188,753 
21,860 
Trade creditors
3,245 
1,190 
Taxes and social security
10,302 
8,150 
Loans from directors
94,708 
98,677 
298,842 
129,877 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
6,128 
29,100 
8
Average number of employees
During the year the average number of employees was 6 (2023: 0).
- 4 -