REGISTERED NUMBER: 10461527 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

COMBINED DRIER TECHNOLOGY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr L S Bridges

Mr A Ward

REGISTERED OFFICE:

Filwood Green Business Park

1 Filwood Park Lane

Bristol

BS4 1ET

REGISTERED NUMBER:

10461527 (England and Wales)

ACCOUNTANTS:

Lawes & Co

Boyce's Building

40-42 Regent Street

Clifton

Bristol

BS8 4HU

FIXED ASSETS

Tangible assets

4

87,460

97,178

CURRENT ASSETS

Debtors

5

68,730

23,234

Cash at bank and in hand

13,020

81,113

81,750

104,347

CREDITORS

Amounts falling due within one year

6

2,001

23,998

NET CURRENT ASSETS

79,749

80,349

TOTAL ASSETS LESS CURRENT LIABILITIES

167,209

177,527

CREDITORS

Amounts falling due after more than one year

7

(103,515

)

(145,541

)

PROVISIONS FOR LIABILITIES

8

(6,706

)

(682

)

NET ASSETS

56,988

31,304

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

56,986

31,302

SHAREHOLDERS' FUNDS

56,988

31,304

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.

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 29 September 2025 and were signed on its behalf by:

Mr L S Bridges - Director

Mr A Ward - Director

1.	STATUTORY INFORMATION

Combined Drier Technology 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

-

10% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 January 2024

and 31 December 2024

164,572

DEPRECIATION

At 1 January 2024

67,394

Charge for year

9,718

At 31 December 2024

77,112

NET BOOK VALUE

At 31 December 2024

87,460

At 31 December 2023

97,178

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

65,034

17,829

Other debtors

3,696

5,405

68,730

23,234

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

2,001

23,998

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

103,515

145,541

8.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

Accelerated capital allowances

6,706

7,860

Tax losses carried forward

-

(7,178

)

6,706

682

Deferred

tax

£

Balance at 1 January 2024

682

Accelerated capital allowances

63

Tax losses carried forward

5,961

Balance at 31 December 2024

6,706

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

A Ordinary

£0.01

(1

)

1

100

B Ordinary

£0.01

3

1

2

2

10.	RELATED PARTY DISCLOSURES

Unless otherwise stated, all transactions with related parties are conducted under normal market conditions.

At the year end, the company owed £15,824 (2023: £58,480) to Comptech Services Limited, and owed £41,487 (2023: £40,855) to MTS Environmental Limited, companies which share a mutual director with Combined Drier Technology Limited.

The company made purchases from Comptech Services Limited and MTS Environmental Limited totalling £35,584 (2023: £79,593) and £23,313 (2023: £30,954) respectively during the year.