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REGISTERED NUMBER: 02946106 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Sensible Computing Solutions Ltd

Sensible Computing Solutions Ltd (Registered number: 02946106)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sensible Computing Solutions Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: B Timms
S Beall
R Hagan
K Springthorpe





SECRETARY: B Timms





REGISTERED OFFICE: 2b (Unit 4a)
Fir Tree Lane
Groby
Leicestershire
LE6 OFH





REGISTERED NUMBER: 02946106 (England and Wales)





ACCOUNTANTS: Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ

Sensible Computing Solutions Ltd (Registered number: 02946106)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 996 1,360

CURRENT ASSETS
Stocks 1,501 1,651
Debtors 5 18,838 26,275
Cash at bank and in hand 49,453 48,302
69,792 76,228
CREDITORS
Amounts falling due within one year 6 45,930 53,523
NET CURRENT ASSETS 23,862 22,705
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,858

24,065

PROVISIONS FOR LIABILITIES 189 258
NET ASSETS 24,669 23,807

CAPITAL AND RESERVES
Called up share capital 1,300 1,300
Share premium 13,100 13,100
Capital redemption reserve 700 700
Retained earnings 9,569 8,707
SHAREHOLDERS' FUNDS 24,669 23,807

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Sensible Computing Solutions Ltd (Registered number: 02946106)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by:




B Timms - Director S Beall - Director




R Hagan - Director K Springthorpe - Director


Sensible Computing Solutions Ltd (Registered number: 02946106)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Sensible Computing Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

Sensible Computing Solutions Ltd (Registered number: 02946106)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 8,607
Additions 1,082
Disposals (3,617 )
At 31 December 2024 6,072
DEPRECIATION
At 1 January 2024 7,247
Charge for year 843
Eliminated on disposal (3,014 )
At 31 December 2024 5,076
NET BOOK VALUE
At 31 December 2024 996
At 31 December 2023 1,360

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 15,593 23,135
Other debtors 3,245 3,140
18,838 26,275

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 2,366 6,312
Taxation and social security 6,078 13,310
Other creditors 37,486 33,901
45,930 53,523

7. RELATED PARTY DISCLOSURES

New Century Applications Ltd is a company in which the directors have an interest.

During the year Sales were made to the above company totalling £27,010 ( 2023 - £5,174 ).

The company was also in receipt of the subcontract services of the above company totalling £48,899 ( 2023 - £52,156 ).

As at 31st December 2024 an amount was owed by / to New Century Applications Ltd to / by the company of £ Nil ( 2023 - £3,000 ).

8. ULTIMATE CONTROLLING PARTY

The company is not under the control of any individual party.