Company Registration No. 14436407 (England and Wales)
CPD Painting And Decorating Ltd
Unaudited accounts
for the year ended 31 October 2024
CPD Painting And Decorating Ltd
Unaudited accounts
Contents
CPD Painting And Decorating Ltd
Company Information
for the year ended 31 October 2024
Director
David Wallace Gough
Company Number
14436407 (England and Wales)
Registered Office
85 Meggeson Avenue
Southampton
SO18 2FB
England
Accountants
365 Accounts Ltd
44 Brookwood Road
Southampton
Hampshire
SO16 9AJ
CPD Painting And Decorating Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
2,278
3,037
Cash at bank and in hand
228
139
Creditors: amounts falling due within one year
(2,260)
(3,141)
Net current liabilities
(2,032)
(3,002)
Called up share capital
1
1
Profit and loss account
245
34
Shareholders' funds
246
35
For the year ending 31 October 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 22 January 2025 and were signed on its behalf by
David Wallace Gough
Director
Company Registration No. 14436407
CPD Painting And Decorating Ltd
Notes to the Accounts
for the year ended 31 October 2024
CPD Painting And Decorating Ltd is a private company, limited by shares, registered in England and Wales, registration number 14436407. The registered office is 85 Meggeson Avenue, Southampton, SO18 2FB, England.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates. 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.
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
25% Reducing Balance Method
Motor vehicles
25% Reducing Balance Method
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 November 2023
550
3,500
4,050
At 31 October 2024
550
3,500
4,050
At 1 November 2023
138
875
1,013
Charge for the year
103
656
759
At 31 October 2024
241
1,531
1,772
At 31 October 2024
309
1,969
2,278
At 31 October 2023
412
2,625
3,037
CPD Painting And Decorating Ltd
Notes to the Accounts
for the year ended 31 October 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,202
715
Loans from directors
4
1,801
During the year the company maintained a loan account with its director Mr. David Wallace Gough. As at the year end date the
company owes its director Mr. David Wallace Gough £4 (2023 - £1,801). This amount is showin within other creditors
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Average number of employees
During the year the average number of employees was 1 (2023: 1).