Company Registration No. 12104729 (England and Wales)
Point Controls Ltd
Unaudited accounts
for the year ended 31 July 2024
Point Controls Ltd
Unaudited accounts
Contents
Point Controls Ltd
Company Information
for the year ended 31 July 2024
Directors
Craig Hunt
Claire Hunt
Company Number
12104729 (England and Wales)
Registered Office
Unit 5-8 Charmwood Farm Charmwood Lane
Pratts Bottom
Orpington
Kent
BR6 7SA
United Kingdom
Point Controls Ltd
Statement of financial position
as at 31 July 2024
Tangible assets
46,865
31,051
Cash at bank and in hand
651,171
302,002
Creditors: amounts falling due within one year
(495,030)
(338,968)
Net current assets
833,796
575,323
Total assets less current liabilities
880,661
606,374
Creditors: amounts falling due after more than one year
(25,133)
(34,186)
Net assets
855,528
572,188
Called up share capital
4
4
Profit and loss account
855,524
572,184
Shareholders' funds
855,528
572,188
For the year ending 31 July 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 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 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 of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by
Craig Hunt
Director
Company Registration No. 12104729
Point Controls Ltd
Notes to the Accounts
for the year ended 31 July 2024
Point Controls Ltd is a private company, limited by shares, registered in England and Wales, registration number 12104729. The registered office is Unit 5-8 Charmwood Farm Charmwood Lane, Pratts Bottom, Orpington, Kent, BR6 7SA, United Kingdom.
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.
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
20% on cost
Fixtures & fittings
20% on cost
Computer equipment
20% on cost
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
19,458
7,430
24,047
50,935
Additions
22,840
766
8,895
32,501
At 31 July 2024
42,298
8,196
32,942
83,436
At 1 August 2023
8,584
3,210
8,090
19,884
Charge for the year
8,460
1,639
6,588
16,687
At 31 July 2024
17,044
4,849
14,678
36,571
At 31 July 2024
25,254
3,347
18,264
46,865
At 31 July 2023
10,874
4,220
15,957
31,051
Point Controls Ltd
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
418,920
280,802
Accrued income and prepayments
-
3,484
Other debtors
58,735
128,003
Amounts falling due after more than one year
Other debtors
200,000
200,000
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
340,349
132,381
Taxes and social security
150,134
125,369
Loans from directors
36,758
71,127
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).