Company Registration No. 11831574 (England and Wales)
CATECH CTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022
PAGES FOR FILING WITH REGISTRAR
CATECH CTS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CATECH CTS LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2022
28 February 2022
- 1 -
2022
2021
Notes
£
£
£
£
Current assets
Debtors
2
64,634
58,506
Cash at bank and in hand
92,377
90,379
157,011
148,885
Creditors: amounts falling due within one year
3
(79,762)
(88,810)
Net current assets
77,249
60,075
Capital and reserves
Called up share capital
4
100
100
Profit and loss reserves
77,149
59,975
Total equity
77,249
60,075
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.
true
For the financial year ended 28 February 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared
and delivered
in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved by the board of directors and authorised for issue on 10 October 2022 and are signed on its behalf by:
J Carter
Director
Company Registration No. 11831574
CATECH CTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022
- 2 -
1
Accounting policies
Company information
Catech CTS Limited is a
private
company
limited by shares
incorporated in
England and Wales
.
The registered office is
Unit 12-13, 29 Wilbury Way, Hitchin, Herts, SG4 0TW.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in
sterling
, which is the functional currency of the company.
Monetary a
mounts
in these financial statements are
rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business
, and
is shown net of VAT and other sales related taxes
.
The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.3
Cash and cash equivalents
Cash and cash equivalents
are basic financial assets
and
include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2
Debtors
2022
2021
Amounts falling due within one year:
£
£
Trade debtors
64,634
58,506
3
Creditors: amounts falling due within one year
2022
2021
£
£
Corporation tax
23,004
25,046
Other taxation and social security
12,350
13,144
Other creditors
44,408
50,620
79,762
88,810
CATECH CTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2022
- 3 -
4
Called up share capital
2022
2021
£
£
Ordinary share capital
Authorised
100 Ordinary of £1 each
100
100
Issued and fully paid
100 Ordinary of £1 each
100
100