05434351falseelectrical engineering2023-05-012024-04-30http://www.companieshouse.gov.uk/2023-04-30http://www.companieshouse.gov.uk/cd:CompanySecretary12023-05-012024-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-04-30http://www.companieshouse.gov.uk/cd:Director12023-05-012024-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-05-012024-04-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-05-012024-04-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-05-012024-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-04-30http://www.companieshouse.gov.uk/2023-05-012024-04-30http://www.companieshouse.gov.uk/2023-04-30http://www.companieshouse.gov.uk/cd:FRS1022023-05-012024-04-30http://www.companieshouse.gov.uk/2024-04-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-05-012024-04-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-05-012024-04-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05434351

ControlRite Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024

Prepared By:
Brieley Grimsdell Falconer Ltd
Chartered Tax Advisers And Accountants
The Surgery
14 Regent Street
Kimberley
Nottingham
NG16 2LW

ControlRite Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
DIRECTORS
Mr A Bancroft
SECRETARY
Mr A Bancroft
REGISTERED OFFICE
28 Glencroft Close
Branston
Burton on Trent
DE14 3GJ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05434351
BANKERS
TSB, 188/190 Station St, Burton upon Trent, DE14 1BJ
ACCOUNTANTS
Brieley Grimsdell Falconer Ltd
Chartered Tax Advisers And Accountants
The Surgery
14 Regent Street
Kimberley
Nottingham
NG16 2LW

ControlRite Limited

ACCOUNTS
FOR THEYEARENDED30/04/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

ControlRite Limited

BALANCE SHEET AT 30/04/2024
20242023
Notes££
FIXED ASSETS
Tangible assets2-124
Investment Assets3200,000200,000
200,000200,124
CURRENT ASSETS
Cash at bank and in hand574,888384,086
574,888384,086
CREDITORS: Amounts falling due within one year4878865
NET CURRENT ASSETS574,010383,221
TOTAL ASSETS LESS CURRENT LIABILITIES774,010583,345
PROVISIONS FOR LIABILITIES AND CHARGES6-24
NET ASSETS774,010583,321
CAPITAL AND RESERVES
Called up share capital73030
Profit and loss account773,980583,291
SHAREHOLDERS' FUNDS774,010583,321
For the year ending 30/04/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 29/01/2025 and signed on their behalf by
.............................
Mr A Bancroft
Director

ControlRite Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Furniture, Fittings and Equipmentstraight line 20%
Computer Equipment and Softwarestraight line 33%
1c. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
1d. Consolidation
The company is a parent company subject to the small companies regime and therefore the accounts present information about the parent undertaking as an individual undertaking and not about its group.
2. TANGIBLE FIXED ASSETS
Furniture,Computer
Fittings & EquipmentEquipment & SoftwareTotal
£££
Cost
At 01/05/20231,19810,82712,025
At 30/04/20241,19810,82712,025
Depreciation
At 01/05/20231,19810,70311,901
For the year-124124
At 30/04/20241,19810,82712,025
Net Book Amounts
At 30/04/2024---
At 30/04/2023-124124

ControlRite Limited

3. FINANCIAL ASSETS
Shares in group companies
and participating interestsTotal
££
Cost
At 01/05/2023200,000200,000
At 30/04/2024200,000200,000
Amortisation
Net Book Amounts
At 30/04/2024200,000200,000
At 30/04/2023200,000200,000
The company's investment in its subsidiary company represents the cost of acqusisition of the whole of the ordinary share capital of Frederick Smith (Electrical) Limited, a company incorporated in England and Wales, which provides electrical engineering and contracting services.
At 31 July 2023, the aggregate of the share capital and reserves of Frederick Smith (Electrical) Limited amounted to £748,520 and the profit for the year to that date was £238,768.

ControlRite Limited

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
PAYE control7485
Accruals804780
878865
5. EMPLOYEES
20242023
No.No.
Average number of employees11
6. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation-24
-24
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
30 ordinary of £1 each3030
3030
8. CONTROLLING PARTY
The company is controlled by the director, Mr A Bancroft, who owns all of the issued share capital of the company.