Registered number: 05434351 | ||||||||
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 | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
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 Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
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 | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
Investment Assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Cash at bank and in hand | ||||||||||
574,888 | 384,086 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT ASSETS | 383,221 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 6 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 773,980 | 583,291 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
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 | ||||||||
Furniture, Fittings and Equipment | straight line 20% | |||||||
Computer Equipment and Software | straight 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 & Equipment | Equipment & Software | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/05/2023 | 1,198 | 10,827 | 12,025 | |||
At 30/04/2024 | 1,198 | 10,827 | 12,025 | |||
Depreciation | ||||||
At 01/05/2023 | 1,198 | 10,703 | 11,901 | |||
For the year | - | 124 | 124 | |||
At 30/04/2024 | 1,198 | 10,827 | 12,025 | |||
Net Book Amounts | ||||||
At 30/04/2024 | - | - | - | |||
At 30/04/2023 | - | 124 | 124 | |||
ControlRite Limited | ||||||||
3. FINANCIAL ASSETS | |||||||||
Shares in group companies | |||||||||
and participating interests | Total | ||||||||
£ | £ | ||||||||
Cost | |||||||||
At 01/05/2023 | 200,000 | 200,000 | |||||||
At 30/04/2024 | 200,000 | 200,000 | |||||||
Amortisation | |||||||||
Net Book Amounts | |||||||||
At 30/04/2024 | 200,000 | 200,000 | |||||||
At 30/04/2023 | 200,000 | 200,000 | |||||||
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 | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
PAYE control | 74 | 85 | ||||||
Accruals | 804 | 780 | ||||||
878 | 865 | |||||||
5. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 1 | |||||
6. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | - | 24 | ||||||
- | 24 | |||||||
7. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
30 | 30 | |||||||
30 | 30 | |||||||
8. CONTROLLING PARTY | ||||||||
The company is controlled by the director, Mr A Bancroft, who owns all of the issued share capital of the company. | ||||||||