Company registration number 04179308 (England and Wales)
COULTON INSTRUMENTATION LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
10 Bridge Street
Christchurch
Dorset
BH23 1EF
COULTON INSTRUMENTATION LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 7
COULTON INSTRUMENTATION LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mr M Jones
Mrs V Jones
Company number
04179308
Registered office
6 Dunedin Grove
Christchurch
Dorset
BH23 4HN
Accountants
TC Group
10 Bridge Street
Christchurch
Dorset
BH23 1EF
COULTON INSTRUMENTATION LIMITED
BALANCE SHEET
AS AT
30 APRIL 2024
30 April 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
292
437
Current assets
Stocks
122,202
172,163
Debtors
4
173,284
205,119
Cash at bank and in hand
550
59,003
296,036
436,285
Creditors: amounts falling due within one year
5
(195,104)
(322,621)
Net current assets
100,932
113,664
Total assets less current liabilities
101,224
114,101
Creditors: amounts falling due after more than one year
6
(10,833)
(20,833)
Provisions for liabilities
(10,465)
(10,465)
Net assets
79,926
82,803
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
79,826
82,703
Total equity
79,926
82,803
COULTON INSTRUMENTATION LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 APRIL 2024
30 April 2024
- 3 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 20 January 2025 and are signed on its behalf by:
Mr M Jones
Director
Company Registration No. 04179308
COULTON INSTRUMENTATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
- 4 -
1
Accounting policies
Company information

Coulton Instrumentation Limited is a private company limited by shares incorporated in England and Wales. The registered office is 6 Dunedin Grove, Christchurch, Dorset, BH23 4HN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound.

The financial statements have been prepared under the historical cost convention.The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

 

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
20% Straight line
Office equipment
20% Straight line
Motor vehicles
25% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

COULTON INSTRUMENTATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
1
Accounting policies
(Continued)
- 5 -
1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

 

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

1.6
Provisions

Provisions are recognised when the company has a legal or constructive present obligation as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

 

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision is measured at present value, the unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

1.8
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

 

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

1.9
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

COULTON INSTRUMENTATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
1
Accounting policies
(Continued)
- 6 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
6
5
3
Tangible fixed assets
Plant and equipment
Office equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 May 2023 and 30 April 2024
7,778
72,023
17,035
96,836
Depreciation and impairment
At 1 May 2023
7,778
71,586
17,035
96,399
Depreciation charged in the year
-
0
145
-
0
145
At 30 April 2024
7,778
71,731
17,035
96,544
Carrying amount
At 30 April 2024
-
0
292
-
0
292
At 30 April 2023
-
0
437
-
0
437
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
83,772
121,157
Amounts owed by group undertakings
65,765
55,576
Other debtors
23,747
28,386
173,284
205,119
COULTON INSTRUMENTATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
- 7 -
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
18,409
10,236
Trade creditors
126,547
261,085
Taxation and social security
34,379
29,676
Other creditors
15,769
21,624
195,104
322,621
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
10,833
20,833
2024-04-302023-05-01false21 January 2025CCH SoftwareCCH Accounts Production 2024.210No description of principal activityMr M JonesMrs V Jonesfalsefalse041793082023-05-012024-04-3004179308bus:Director12023-05-012024-04-3004179308bus:Director22023-05-012024-04-3004179308bus:RegisteredOffice2023-05-012024-04-30041793082024-04-30041793082023-04-3004179308core:PlantMachinery2024-04-3004179308core:ComputerEquipment2024-04-3004179308core:MotorVehicles2024-04-3004179308core:PlantMachinery2023-04-3004179308core:ComputerEquipment2023-04-3004179308core:MotorVehicles2023-04-3004179308core:CurrentFinancialInstrumentscore:WithinOneYear2024-04-3004179308core:CurrentFinancialInstrumentscore:WithinOneYear2023-04-3004179308core:Non-currentFinancialInstrumentscore:AfterOneYear2024-04-3004179308core:Non-currentFinancialInstrumentscore:AfterOneYear2023-04-3004179308core:CurrentFinancialInstruments2024-04-3004179308core:CurrentFinancialInstruments2023-04-3004179308core:ShareCapital2024-04-3004179308core:ShareCapital2023-04-3004179308core:RetainedEarningsAccumulatedLosses2024-04-3004179308core:RetainedEarningsAccumulatedLosses2023-04-3004179308core:PlantMachinery2023-05-012024-04-3004179308core:ComputerEquipment2023-05-012024-04-3004179308core:MotorVehicles2023-05-012024-04-30041793082022-05-012023-04-3004179308core:PlantMachinery2023-04-3004179308core:ComputerEquipment2023-04-3004179308core:MotorVehicles2023-04-30041793082023-04-3004179308core:WithinOneYear2024-04-3004179308core:WithinOneYear2023-04-3004179308core:Non-currentFinancialInstruments2024-04-3004179308core:Non-currentFinancialInstruments2023-04-3004179308bus:PrivateLimitedCompanyLtd2023-05-012024-04-3004179308bus:SmallCompaniesRegimeForAccounts2023-05-012024-04-3004179308bus:FRS1022023-05-012024-04-3004179308bus:AuditExemptWithAccountantsReport2023-05-012024-04-3004179308bus:FullAccounts2023-05-012024-04-30xbrli:purexbrli:sharesiso4217:GBP