CTM Fire & Security (Preston) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 03911992

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		354		472

			354		472
CURRENT ASSETS
Stocks	5	40,000		40,000
Debtors	6	1,040,916		581,510
Cash at bank and in hand		86,423		45,474

		1,167,339		666,984
Creditors: Amounts Falling Due Within One Year	7	(1,569,293 )		(1,007,512 )

NET CURRENT ASSETS (LIABILITIES)			(401,954 )		(340,528 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(401,600 )		(340,056 )

Creditors: Amounts Falling Due After More Than One Year	8		(7,035 )		(17,629 )

NET LIABILITIES			(408,635 )		(357,685 )

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			(408,637 )		(357,687 )

SHAREHOLDERS' FUNDS			(408,635)		(357,685)

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CTM Fire & Security (Preston) Limited

Balance Sheet (continued)

As At 29 October 2024

For the year ending 29 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Scott Thompson

Director

6th January 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

CTM Fire & Security (Preston) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03911992 . The registered office is Thompson House, Gorsebrook Road, Wolverhampton, WV10 6JD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles

20% on cost

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 23 (2023: 18)

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 30 October 2023	6,300

As at 29 October 2024	6,300

Depreciation
As at 30 October 2023	5,828
Provided during the period	118

As at 29 October 2024	5,946

Net Book Value
As at 29 October 2024	354

As at 30 October 2023	472

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CTM Fire & Security (Preston) Limited

Notes to the Financial Statements (continued)

For The Year Ended 29 October 2024

5. Stocks

	2024	2023
	£	£
Work in progress	40,000	40,000

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	131,866	129,379
Prepayments and accrued income	507,000	102,000
Other debtors	402,050	350,131

	1,040,916	581,510

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	143,890	120,868
Bank loans and overdrafts	10,340	9,830
Corporation tax	200	200
Other taxes and social security	40,060	35,842
Other creditors	1,372,103	839,272
Accruals and deferred income	2,700	1,500

	1,569,293	1,007,512

8. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	7,035	17,629

9. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	2	2

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