| Registered Number:09002098 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
CT Associates (Kent) Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
CT Associates (Kent) Ltd
Statement of Financial Position
2024
2025
192,500
220,000
2
| Property, plant and equipment |
141,798
125,782
3
334,298
345,782
| Trade and other receivables |
121,729
99,469
4
4,933
| Cash and cash equivalents |
2,431
101,900
126,662
| Trade and other payables: amounts falling due within one |
| year |
(190,876)
(204,313)
5
(64,214)
(102,413)
Net current liabilities
| Total assets less current liabilities |
231,885
281,568
| Trade and other payables: amounts falling due after more |
| than one year |
(271,046)
(230,873)
6
1,012
Net assets
10,522
100
100
912
10,422
1,012
10,522
Shareholders' funds
| For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| 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 proper 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 Section 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| Jagtar Singh Saggu Director |
| Khushvinder Singh Saggu Director |
| These financial statements were approved and authorised for issue by the Board on 22 December 2025 and were signed by: |
| The notes form part of these financial statements |
1 of 4
For the year ended 31 March 2025
CT Associates (Kent) Ltd
Notes to the Financial Statements
Statutory Information
| CT Associates (Kent) Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
| 09002098. |
3 Conqueror Court
Sittingbourne
Kent
ME10 5BH
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard |
| 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The |
| financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of 10 years. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Leasehold Improvements
Plant and machinery
Computer equipment
Fixtures and fittings
Government grants
| Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
2 of 4
For the year ended 31 March 2025
CT Associates (Kent) Ltd
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
275,000
275,000
55,000
27,500
Charge for year
82,500
192,500
220,000
| 3. Property, plant and equipment |
187,154
51,041
39,683
30,000
66,430
63,388
19,188
2,533
-
41,667
(27,401)
-
-
(6,333)
(33,734)
30,000
42,216
42,828
216,808
101,764
| Provision for depreciation and impairment |
61,372
18,702
13,846
11,576
17,248
Charge for year
28,781
7,101
5,675
2,764
13,241
(15,143)
(11,384)
-
-
(3,759)
75,010
14,419
19,521
14,340
26,730
75,034
15,660
22,695
28,409
141,798
49,182
18,424
25,837
32,339
125,782
| 4. Trade and other receivables |
2024
2025
80,993
69,531
18,476
52,198
121,729
99,469
3 of 4
For the year ended 31 March 2025
CT Associates (Kent) Ltd
Notes to the Financial Statements Continued
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
116,181
126,649
4,963
4,061
| Taxation and social security |
43,047
42,354
40,122
17,812
204,313
190,876
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
230,873
271,046
| 7. Average number of persons employed |
During the year the average number of employees was 9 (2024 : 9)
4 of 4