REGISTERED NUMBER: 05965841 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Commissioning Technical Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S A McGilligan

R P McGilligan

SECRETARY:

J C Panrucker

REGISTERED OFFICE:

Unit 506 The Chandlery

50 Westminster Bridge Road

London

SE1 7QY

REGISTERED NUMBER:

05965841 (England and Wales)

ACCOUNTANTS:

Derek Cousens Ltd

Chartered Accountants

20 Crockwell Street

Bodmin

Cornwall

PL31 2DS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

105,021

40,251

105,021

40,251

CURRENT ASSETS

Stocks

628,133

-

Debtors

6

1,227,919

1,733,362

Cash at bank

161,771

362,825

2,017,823

2,096,187

CREDITORS

Amounts falling due within one year

7

326,152

308,553

NET CURRENT ASSETS

1,691,671

1,787,634

TOTAL ASSETS LESS CURRENT LIABILITIES

1,796,692

1,827,885

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

1,796,492

1,827,685

1,796,692

1,827,885

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 21 November 2025 and were signed on its behalf by:

R P McGilligan - Director

1.	STATUTORY INFORMATION

Commissioning Technical Services 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 26 (2024 - 25 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

50,000

AMORTISATION

At 1 April 2024

and 31 March 2025

50,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

253,701

Additions

103,981

At 31 March 2025

357,682

DEPRECIATION

At 1 April 2024

213,450

Charge for year

39,211

At 31 March 2025

252,661

NET BOOK VALUE

At 31 March 2025

105,021

At 31 March 2024

40,251

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

385,731

536,312

Amounts owed by participating interests

720,435

1,166,785

Other debtors

121,753

30,265

1,227,919

1,733,362

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

73,540

Trade creditors

147,313

138,322

Taxation and social security

174,457

65,727

Other creditors

4,382

30,964

326,152

308,553

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

S A McGilligan

Balance outstanding at start of year

13,603

122,805

Amounts advanced

360,046

250,798

Amounts repaid

(373,649

)

(360,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

13,603

9.	RELATED PARTY DISCLOSURES

A director of Commissioning Technical Services Ltd has a significant influence in the associate company. The loan is interest free, repayable on demand and at the balance sheet date there was £706,706 (31/03/2024 £1,166,706) outstanding.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Commissioning (Water Treatment)Technical Services Ltd.