CDS TECHNOLOGY SERVICES LTD - Filleted accounts

Registered number

12941679

CDS TECHNOLOGY SERVICES LTD

Filleted Accounts

31 March 2025

CDS TECHNOLOGY SERVICES LTD
Registered number:		12941679
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		153,500			-
Tangible assets	4		15,356			4,266
			168,856			4,266

Current assets
Debtors	5	82,902			167,233
Cash at bank and in hand		28,755			38,940
		111,657			206,173

Creditors: amounts falling due within one year	6	(56,173)			(58,306)

Net current assets			55,484			147,867

Total assets less current liabilities			224,340			152,133


Provisions for liabilities			(4,131)			(1,066)


Net assets			220,209			151,067

Capital and reserves
Called up share capital			111			111
Profit and loss account			220,098			150,956

Shareholders' funds			220,209			151,067

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr M Donoghue
Director
Approved by the board on 3 September 2025

CDS TECHNOLOGY SERVICES LTD
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Vehicles			over 3-4 years
	Vehicles			over 6 years
	Fixtures, fittings, tools and equipment			over 3 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					6		4


3	Intangible fixed assets							£
	Crypto Currentcy

	Cost
	Additions							153,500
	At 31 March 2025							153,500

	Amortisation
	At 31 March 2025							-

	Net book value
	At 31 March 2025							153,500




4	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 April 2024			11,815		20,254		32,069
	Additions			1,165		17,495		18,660
	At 31 March 2025			12,980		37,749		50,729

	Depreciation
	At 1 April 2024			11,815		15,988		27,803
	Charge for the year			388		7,182		7,570
	At 31 March 2025			12,203		23,170		35,373

	Net book value
	At 31 March 2025			777		14,579		15,356
	At 31 March 2024			-		4,266		4,266


5	Debtors					2025		2024
£							£

	Trade debtors					82,598		118,808
	Other debtors					304		48,425
						82,902		167,233


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					475		1,104
	Taxation and social security costs					55,811		56,103
	Other creditors					(113)		1,099
						56,173		58,306


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr M Donoghue
	[Loan 1]	7,400		-		(7,400)		-
	[Loan 2]	10,000		-		(10,000)		-
	[Loan 3]	15,000		-		(15,000)		-
	[Loan 4]	5,000		-		(5,000)		-

		37,400		-		(37,400)		-


8	Other information

	CDS TECHNOLOGY SERVICES LTD is a private company limited by shares and incorporated in England. Its registered office is:
	47 Lakeland Drive
	Wilnecote
	Tamworth
	B77 5TG

	CDS will continue to strengthen relationships with both prospective and existing customers
	throughout the coming year. The Company has secured several significant projects that will
	require additional resources to ensure successful delivery and maintain our high standards of
	service.

	The Directors are confident that, based on current performance and pipeline, the Company
	is well-positioned to return to a strong profit position.