REGISTERED NUMBER: 03292487 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

COMPUTER SOFTWARE & PERIPHERALS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M D Allen

P J Smith

REGISTERED OFFICE:

30 - 32 Hanover House

Charlotte Street

Manchester

M1 4FD

REGISTERED NUMBER:

03292487 (England and Wales)

AUDITORS:

Goldwyns Limited

Statutory Auditors and Chartered Accountants

Rutland House

90-92 Baxter Avenue

Southend on Sea

Essex

SS2 6HZ

CURRENT ASSETS

Debtors

5

1,688,932

1,491,697

Cash at bank

13,564

111,536

1,702,496

1,603,233

CREDITORS

Amounts falling due within one year

6

747,973

897,286

NET CURRENT ASSETS

954,523

705,947

TOTAL ASSETS LESS CURRENT LIABILITIES

954,523

705,947

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

953,523

704,947

SHAREHOLDERS' FUNDS

954,523

705,947

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 26 September 2025 and were signed on its behalf by:

M D Allen - Director

1.	STATUTORY INFORMATION

Computer Software & Peripherals 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.

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

-

25% on cost

Fixtures and fittings

-

10% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 2 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 January 2024

1,109,096

95,696

1,204,792

Disposals

(1,109,096

)

(95,696

)

(1,204,792

)

At 31 December 2024

-

-

-

DEPRECIATION

At 1 January 2024

1,109,096

95,696

1,204,792

Eliminated on disposal

(1,109,096

)

(95,696

)

(1,204,792

)

At 31 December 2024

-

-

-

NET BOOK VALUE

At 31 December 2024

-

-

-

At 31 December 2023

-

-

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

35,489

65,139

Amounts owed by group undertakings

1,640,564

1,406,882

Other debtors

12,879

19,676

1,688,932

1,491,697

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

11,530

39,076

Amounts owed to group undertakings

714,134

805,069

Taxation and social security

3,802

15,345

Other creditors

18,507

37,796

747,973

897,286

7.	DEFERRED TAX

£

Balance at 1 January 2024

(3,000

)

Balance at 31 December 2024

(3,000

)

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

850

A Ordinary

1

850

850

150

B Ordinary

1

150

150

1,000

1,000

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Robert Howe BEng FCA (Senior Statutory Auditor)

for and on behalf of Goldwyns Limited

10.	CONTINGENT LIABILITIES

The company has given cross-guarantees is respect of its parent company's debts. At the balance sheet date, these liabilities totalled £9,837,500 (2023 - £7,484,811).

11.	ULTIMATE PARENT COMPANY

As at the balance sheet date, the directors consider the ultimate parent company to be Managed IT Services Group Limited, a company registered in England and Wales.