REGISTERED NUMBER: 02554122 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

C.T.S. (Midlands) Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

A J Smith

Mrs P B Smith

SECRETARY:

Mrs P B Smith

REGISTERED OFFICE:

IN Accountancy Limited

Unit 2, Station View

stockport

Cheshire

SK7 5ER

REGISTERED NUMBER:

02554122 (England and Wales)

ACCOUNTANTS:

IN Accountancy Limited

2 Station View

Bramhall Moor Lane

Hazel Grove

Stockport

Cheshire

SK7 5ER

FIXED ASSETS

Tangible assets

4

19,126

26,715

Investments

5

141,915

136,798

Investment property

6

1,500,000

1,200,000

1,661,041

1,363,513

CURRENT ASSETS

Debtors

7

174,157

257,516

Cash at bank

339,209

341,697

513,366

599,213

CREDITORS

Amounts falling due within one year

8

71,110

150,895

NET CURRENT ASSETS

442,256

448,318

TOTAL ASSETS LESS CURRENT LIABILITIES

2,103,297

1,811,831

PROVISIONS FOR LIABILITIES

135,702

7,737

NET ASSETS

1,967,595

1,804,094

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,967,495

1,803,994

SHAREHOLDERS' FUNDS

1,967,595

1,804,094

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2025 and were signed on its behalf by:

Mrs P B Smith - Director

A J Smith - Director

1.	STATUTORY INFORMATION

C.T.S. (Midlands) 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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 etc

-

33% on reducing balance, 25% on reducing balance and 15% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2024

and 30 June 2025

84,156

DEPRECIATION

At 1 July 2024

57,441

Charge for year

7,589

At 30 June 2025

65,030

NET BOOK VALUE

At 30 June 2025

19,126

At 30 June 2024

26,715

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 July 2024

136,798

Additions

2,535

Disposals

(865

)

Revaluations

3,447

At 30 June 2025

141,915

NET BOOK VALUE

At 30 June 2025

141,915

At 30 June 2024

136,798

Cost or valuation at 30 June 2025 is represented by:

Other

investments

£

Valuation in 2024

11,068

Valuation in 2025

3,447

Cost

127,400

141,915

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

1,200,000

Revaluations

300,000

At 30 June 2025

1,500,000

NET BOOK VALUE

At 30 June 2025

1,500,000

At 30 June 2024

1,200,000

Fair value at 30 June 2025 is represented by:

£

Valuation in 2005

277,641

Valuation in 2007

116,000

Valuation in 2008

24,459

Valuation in 2010

(140,459

)

Valuation in 2011

(200,000

)

Valuation in 2014

(35,000

)

Valuation in 2019

335,000

Valuation in 2025

300,000

Cost

822,359

1,500,000

7.

DEBTORS

30.6.25

30.6.24

£

£

Amounts falling due within one year:

Trade debtors

7,548

6,132

Other debtors

1,836

86,611

9,384

92,743

Amounts falling due after more than one year:

Other debtors

164,773

164,773

Aggregate amounts

174,157

257,516

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade creditors

27,983

20,959

Taxation and social security

8,636

3,919

Other creditors

34,491

126,017

71,110

150,895

9.	RELATED PARTY DISCLOSURES

The Director, A J Smith, holds a controlling interest in Greenhill Farms (Twycross) Limited.

The company is owed £164,773 (2024 £164,773) from Greenhill Farms (Twycross) Limited at the balance sheet date.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors acting in concert.