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Registration number: 12463187

CPD Electrical/Mechanical Contractors Ltd

Unaudited Filleted Financial Statements

for the Year Ended 28 February 2025

 

CPD Electrical/Mechanical Contractors Ltd

Contents

Company Information

1

Director's Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

5 to 10

 

CPD Electrical/Mechanical Contractors Ltd

Company Information

Director

Mr C P Durose

Company secretary

Mrs H V Durose

Registered office

51 St John Street
Ashbourne
Derbyshire
DE6 1GP

Accountants

Coates and Partners Limited
The Old Vicarage
51 St John Street
Ashbourne
Derbyshire
DE6 1GP

 

CPD Electrical/Mechanical Contractors Ltd

Director's Report for the Year Ended 28 February 2025

The director presents his report and the financial statements for the year ended 28 February 2025.

Director of the company

The director who held office during the year was as follows:

Mr C P Durose

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 25 April 2025
 

.........................................
Mr C P Durose
Director

 

CPD Electrical/Mechanical Contractors Ltd

(Registration number: 12463187)
Balance Sheet as at 28 February 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

140,884

108,843

Current assets

 

Stocks

487

500

Debtors

5

29,630

41,536

Cash at bank and in hand

 

46,999

175,052

 

77,116

217,088

Creditors: Amounts falling due within one year

6

(29,213)

(52,807)

Net current assets

 

47,903

164,281

Total assets less current liabilities

 

188,787

273,124

Creditors: Amounts falling due after more than one year

6

(129,541)

(229,901)

Provisions for liabilities

(28,000)

(25,000)

Net assets

 

31,246

18,223

Capital and reserves

 

Called up share capital

100

100

Retained earnings

31,146

18,123

Shareholders' funds

 

31,246

18,223

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland'.

Approved and authorised by the director on 25 April 2025
 

 

CPD Electrical/Mechanical Contractors Ltd

(Registration number: 12463187)
Balance Sheet as at 28 February 2025 (continued)

.........................................
Mr C P Durose
Director

   
     
 

CPD Electrical/Mechanical Contractors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

1

General information

The company is a private company limited by share capital incorporated in England and Wales registration number: 12463187.

The address of its registered office is:
51 St John Street
Ashbourne
Derbyshire
DE6 1GP
England

These financial statements were authorised for issue by the director on 25 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency is £ sterling.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

CPD Electrical/Mechanical Contractors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

2

Accounting policies (continued)

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

15% reducing balance basis

Commercial motor vehicles

15% reducing balance basis

Computer equipment

33% straight line basis

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

CPD Electrical/Mechanical Contractors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 2).

 

CPD Electrical/Mechanical Contractors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 March 2024

144,440

144,440

Additions

69,915

69,915

Disposals

(22,130)

(22,130)

At 28 February 2025

192,225

192,225

Depreciation

At 1 March 2024

35,597

35,597

Charge for the year

17,249

17,249

Eliminated on disposal

(1,505)

(1,505)

At 28 February 2025

51,341

51,341

Carrying amount

At 28 February 2025

140,884

140,884

At 29 February 2024

108,843

108,843

5

Debtors

Current

2025
£

2024
£

Trade debtors

21,483

38,901

Prepayments

2,136

2,635

Other debtors

6,011

-

 

29,630

41,536

 

CPD Electrical/Mechanical Contractors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

6

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Taxation and social security

13,747

35,503

Accruals and deferred income

3,348

2,915

Other creditors

12,118

14,389

29,213

52,807

 

CPD Electrical/Mechanical Contractors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025 (continued)

6

Creditors (continued)

Creditors: amounts falling due after more than one year

2025
£

2024
£

Due after one year

Other creditors

129,541

229,901