REGISTERED NUMBER: 05384236 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

CT INSTALLATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N I Thompson

REGISTERED OFFICE:

Units 7b & 8b

New Pudsey Square

Stanningley

Pudsey

LS28 6PX

REGISTERED NUMBER:

05384236 (England and Wales)

ACCOUNTANTS:

Rawse, Varley & Co

Chartered Accountants

Lloyds Bank Chambers

Hustlergate

Bradford

BD1 1UQ

FIXED ASSETS

Tangible assets

4

5,280

48,625

CURRENT ASSETS

Stock and work in progress

10,949

11,901

Debtors

5

270,816

377,114

Cash at bank

180,339

41,848

462,104

430,863

CREDITORS

Amounts falling due within one year

6

288,141

208,509

NET CURRENT ASSETS

173,963

222,354

TOTAL ASSETS LESS CURRENT LIABILITIES

179,243

270,979

CREDITORS

Amounts falling due after more than one year

7

-

(11,111

)

PROVISIONS FOR LIABILITIES

(1,320

)

(12,156

)

NET ASSETS

177,923

247,712

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

177,823

247,612

SHAREHOLDERS' FUNDS

177,923

247,712

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 director acknowledges his 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 director and authorised for issue on 29 September 2025 and were signed by:

N I Thompson - Director

1.	STATUTORY INFORMATION

CT Installation 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 represents the invoiced value of goods and services supplied for the year, less returns and excluding value added tax.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation.

Depreciation is calculated to write off assets over their estimated useful lives at the following annual rates:

Plant and machinery

-

20% of cost

Fixtures and fittings

-

33.33% of cost

Office equipment

-

33.33% of cost

Motor vehicles

-

20% reducing balance

Stock

Stock is stated at the lower of cost and estimated net realisable value.

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.

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.

Leasing and hire purchase

Assets held under hire purchase and similar contracts are capitalised as tangible fixed assets and the corresponding liability to pay rentals are shown net of finance charges as hire purchase and similar obligations. The finance charge element of rentals is allocated so as to produce a constant periodic rate of charge on the remaining balance of the obligations for each accounting period.

Rentals under operating leases are charged to profit and loss account as incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant,

machinery

and

vehicles

£

COST

At 1 January 2024

133,419

Additions

2,878

Disposals

(65,535

)

At 31 December 2024

70,762

DEPRECIATION

At 1 January 2024

84,794

Charge for year

13,368

Eliminated on disposal

(32,680

)

At 31 December 2024

65,482

NET BOOK VALUE

At 31 December 2024

5,280

At 31 December 2023

48,625

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

241,413

344,095

Other debtors

9,409

10,510

Prepayments

19,994

22,509

270,816

377,114

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

11,111

22,222

Hire purchase contracts

-

38,533

Trade creditors

144,402

55,690

Corporation tax

121,629

67,952

Social security and other taxes

5,922

7,280

Other creditors

1,966

1,900

Director's loan account

1,907

13,832

Accruals and deferred income

1,204

1,100

288,141

208,509

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 2-5 years

-

11,111

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

15,792

18,950

Between one and five years

-

15,792

15,792

34,742

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

1

100

100