Company Registration No. 12965287 (England and Wales)
Connect Automation Limited
Unaudited accounts
for the year ended 31 October 2024
Connect Automation Limited
Unaudited accounts
Contents
Connect Automation Limited
Company Information
for the year ended 31 October 2024
Company Number
12965287 (England and Wales)
Registered Office
168 Queensway
West Wickham
BR4 9DZ
England
Accountants
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
Connect Automation Limited
Accountants' report
Accountants' report to the director of Connect Automation Limited on the preparation of the unaudited statutory accounts for the year ended 31 October 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Connect Automation Limited for the year ended
31 October 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Connect Automation Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Connect Automation Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Connect Automation Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Connect Automation Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Connect Automation Limited. You consider that Connect Automation Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Connect Automation Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Taxsense
203 West Street
Fareham
Hants
PO16 0EN
13 December 2024
Connect Automation Limited
Statement of financial position
as at 31 October 2024
Tangible assets
9,933
13,244
Cash at bank and in hand
35,605
10,629
Creditors: amounts falling due within one year
(10,904)
(11,532)
Net current assets
36,056
19,425
Called up share capital
1
1
Profit and loss account
45,988
32,668
Shareholders' funds
45,989
32,669
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 13 December 2024 and were signed on its behalf by
Adam Roberts
Director
Company Registration No. 12965287
Connect Automation Limited
Notes to the Accounts
for the year ended 31 October 2024
Connect Automation Limited is a private company, limited by shares, registered in England and Wales, registration number 12965287. The registered office is 168 Queensway, West Wickham, BR4 9DZ, 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.
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
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
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.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
958
23,300
3,337
27,595
At 31 October 2024
958
23,300
3,337
27,595
At 1 November 2023
96
12,511
1,744
14,351
Charge for the year
215
2,698
398
3,311
At 31 October 2024
311
15,209
2,142
17,662
At 31 October 2024
647
8,091
1,195
9,933
At 31 October 2023
862
10,789
1,593
13,244
Connect Automation Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Trade debtors
10,674
20,308
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,384
9,988
Loans from directors
537
762
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Current Account
(762)
(29,486)
(29,711)
(537)
(762)
(29,486)
(29,711)
(537)
8
Average number of employees
During the year the average number of employees was 1 (2023: 0).