REGISTERED NUMBER: 03027056 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

COMPUSYSTEMS ASSOCIATES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr M. J. Michael

SECRETARY:

Mrs M. Michael

REGISTERED OFFICE:

Haberfield Park Farm

Pill Road

Abbots Leigh

Bristol

BS8 3RE

REGISTERED NUMBER:

03027056 (England and Wales)

ACCOUNTANTS:

LARKOS & PARTNERS

128 STOKE LANE

WESTBURY ON TRYM

BRISTOL

BS9 3RJ

FIXED ASSETS

Tangible assets

4

65,707

76,673

CURRENT ASSETS

Debtors

5

1,731,890

1,730,797

Cash at bank

516

1,019

1,732,406

1,731,816

CREDITORS

Amounts falling due within one year

6

568,742

517,964

NET CURRENT ASSETS

1,163,664

1,213,852

TOTAL ASSETS LESS CURRENT LIABILITIES

1,229,371

1,290,525

CREDITORS

Amounts falling due after more than one year

7

8,750

15,748

NET ASSETS

1,220,621

1,274,777

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

1,220,619

1,274,775

SHAREHOLDERS' FUNDS

1,220,621

1,274,777

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 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 the director and authorised for issue on 23 December 2025 and were signed by:

Mr M. J. Michael - Director

1.	STATUTORY INFORMATION

Compusystems Associates Ltd 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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

115,567

40,530

156,097

Additions

-

629

629

At 31 March 2025

115,567

41,159

156,726

DEPRECIATION

At 1 April 2024

57,419

22,005

79,424

Charge for year

8,722

2,873

11,595

At 31 March 2025

66,141

24,878

91,019

NET BOOK VALUE

At 31 March 2025

49,426

16,281

65,707

At 31 March 2024

58,148

18,525

76,673

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Other debtors

1,730,931

1,730,441

VAT

887

285

Prepayments

72

71

1,731,890

1,730,797

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

1,509

29

Company Credit Card

782

1,231

Corporation Tax

32,667

30,492

Directors' current accounts

532,156

484,632

Accrued expenses

1,628

1,580

568,742

517,964

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Other loans (see note 8)

8,750

15,748

8.

LOANS

An analysis of the maturity of loans is given below:

31/3/25

31/3/24

£

£

Amounts falling due between one and two years:

Bounce Back Loan

8,750

15,748

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/3/24

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Retained

earnings

£

At 1 April 2024

1,274,775

Deficit for the year

(53,156

)

Dividends

(1,000

)

At 31 March 2025

1,220,619