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REGISTERED NUMBER: 02897753 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

CONTROL AND POWER SYSTEMS LIMITED

CONTROL AND POWER SYSTEMS LIMITED (REGISTERED NUMBER: 02897753)

CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CONTROL AND POWER SYSTEMS LIMITED

COMPANY INFORMATION
for the year ended 30 April 2025







DIRECTORS: C Spencer
P M I'Anson





REGISTERED OFFICE: Unit 7-8 Manor Court
Eastfield
Scarborough
North Yorkshire
YO11 3TU





REGISTERED NUMBER: 02897753 (England and Wales)

CONTROL AND POWER SYSTEMS LIMITED (REGISTERED NUMBER: 02897753)

STATEMENT OF FINANCIAL POSITION
30 April 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 73,509 71,794

CURRENT ASSETS
Inventories 66,106 165,467
Debtors 5 459,234 540,665
Cash at bank and in hand 975,556 1,160,260
1,500,896 1,866,392
CREDITORS
Amounts falling due within one year 6 480,023 803,252
NET CURRENT ASSETS 1,020,873 1,063,140
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,094,382

1,134,934

PROVISIONS FOR LIABILITIES 11,963 14,270
NET ASSETS 1,082,419 1,120,664

CAPITAL AND RESERVES
Called up share capital 50 50
Capital redemption reserve 50 50
Retained earnings 1,082,319 1,120,564
SHAREHOLDERS' FUNDS 1,082,419 1,120,664

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2025 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.

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 23 July 2025 and were signed on its behalf by:





P M I'Anson - Director


CONTROL AND POWER SYSTEMS LIMITED (REGISTERED NUMBER: 02897753)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2025


1. STATUTORY INFORMATION

Control and Power Systems Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
In preparing the financial statements, management is required to make estimates and assumptions which affect reported income, expenses, assets, liabilities and disclosure of contingent assets and liabilities. Use of available information and application of judgement are inherent in the formation of estimates, together with past experience and expectations of future events that are believed to be reasonable under the circumstances. Actual results in the future could differ from such estimates.

Critical judgements in applying the company's policies
The management consider that no significant judgements have had to made in preparing these financial statements.

Critical accounting estimates and assumptions
Revenue
The management have assessed the stage of completion on contracts at the balance sheet date based on previous experience and all available knowledge and information. Revenue is recognised according to management's assessment of the stage of completion of each contract at the balance sheet date.

The directors do not consider that any estimates and assumptions used in the preparation of these financial statements have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover comprises goods and services supplied, net of value added tax and trade discounts. Revenue is recognised to the extent that the company has obtained the right to consideration through its performance and is measured at the fair value of the right to consideration.

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value. Cost includes all direct costs.

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 statement of financial position date.


CONTROL AND POWER SYSTEMS LIMITED (REGISTERED NUMBER: 02897753)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2025


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Leasing commitments
Assets acquired under finance lease agreements, including hire purchase agreements, are capitalised and the corresponding liability is included in creditors. Finance lease interest is charged to the profit and loss account on a straight line basis over the period of the agreement. Operating lease rentals are charged against profits of the period to which they relate.

Pension costs and other post-retirement benefits
Payments to defined contribution pension schemes are charged as an expense in the period to which they relate.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade, other accounts receivable and payable and loans to related parties.

Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

Debt instruments such as loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised costs using the effective interest method.

Going concern
The directors are satisfied that there are sufficient resources in place to continue operating for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the annual financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2024 - 18 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2024 127,908 55,589 46,428 48,631 278,556
Additions 4,526 - 17,589 1,754 23,869
Disposals - - (16,945 ) - (16,945 )
At 30 April 2025 132,434 55,589 47,072 50,385 285,480
DEPRECIATION
At 1 May 2024 113,395 41,858 12,526 38,983 206,762
Charge for year 2,423 2,059 7,371 4,653 16,506
Eliminated on disposal - - (11,297 ) - (11,297 )
At 30 April 2025 115,818 43,917 8,600 43,636 211,971
NET BOOK VALUE
At 30 April 2025 16,616 11,672 38,472 6,749 73,509
At 30 April 2024 14,513 13,731 33,902 9,648 71,794

CONTROL AND POWER SYSTEMS LIMITED (REGISTERED NUMBER: 02897753)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2025


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 319,092 360,953
Amounts owed by group undertakings 16,000 16,000
Other debtors 124,142 163,712
459,234 540,665

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 184,975 381,269
Taxation and social security 153,672 138,989
Other creditors 141,376 282,994
480,023 803,252

7. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £175,088 (2024- £216,063).