REGISTERED NUMBER: 05330459 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Computer & Technology Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M E Lund

Mrs M Lund

SECRETARY:

Mrs M Lund

REGISTERED OFFICE:

3 The Courtyard Buildings

Thorpe Lane

Guiseley

Leeds

West Yorkshire

LS20 8LG

REGISTERED NUMBER:

05330459 (England and Wales)

ACCOUNTANTS:

SKS Bailey Group Limited

Suite 4, 10/12 The Grove,

Ilkley

West Yorkshire

LS29 9EG

Fixed assets

Tangible assets

3

23,402

20,331

Current assets

Debtors

4

310,867

370,423

Cash at bank and in hand

1,124,096

1,161,824

1,434,963

1,532,247

Creditors

Amounts falling due within one year

5

(419,493

)

(524,694

)

Net current assets

1,015,470

1,007,553

Total assets less current liabilities

1,038,872

1,027,884

Provisions for liabilities

(4,446

)

(3,863

)

Net assets

1,034,426

1,024,021

Capital and reserves

Called up share capital

1

1

Retained earnings

6

1,034,425

1,024,020

Shareholders' funds

1,034,426

1,024,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 1 August 2025 and were signed on its behalf by:

Mr M E Lund - Director

1.	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.

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

25% on cost

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 11 ) .

3.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

35,029

62,706

97,735

Additions

1,350

10,181

11,531

Disposals

-

(36,168

)

(36,168

)

At 31 March 2025

36,379

36,719

73,098

DEPRECIATION

At 1 April 2024

30,662

46,742

77,404

Charge for year

997

7,463

8,460

Eliminated on disposal

-

(36,168

)

(36,168

)

At 31 March 2025

31,659

18,037

49,696

NET BOOK VALUE

At 31 March 2025

4,720

18,682

23,402

At 31 March 2024

4,367

15,964

20,331

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

304,821

364,763

Prepayments

6,046

5,660

310,867

370,423

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

201,151

313,777

Corporation tax

68,652

61,267

Social security and other tax

58,945

49,650

Pension

1,951

-

Other creditors

82,507

94,921

Directors' current account

13

8

Accrued expenses

6,274

5,071

419,493

524,694

6.

RESERVES

Retained

earnings

£

At 1 April 2024

1,024,020

Profit for the year

208,705

Dividends

(198,300

)

At 31 March 2025

1,034,425

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company paid dividends totalling £198,300 (2024 £190,000) to the directors'. The company owed the directors' £13 at 31st March 2025 (£8 at 31st March 2024).