Comprehensive Development Services Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08283680 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2022

for

Comprehensive Development Services Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Kiely

Mrs A Kiely

REGISTERED OFFICE:

30 High Street

Leighton Buzzard

Bedfordshire

LU7 1EA

REGISTERED NUMBER:

08283680 (England and Wales)

ACCOUNTANTS:

R A & D A Thompson

30 High Street

Leighton Buzzard

Bedfordshire

LU7 1EA

FIXED ASSETS

Tangible assets

4

14,437

-

CURRENT ASSETS

Debtors

5

237,730

208,981

Cash at bank

526,737

320,489

764,467

529,470

CREDITORS

Amounts falling due within one year

6

116,265

78,417

NET CURRENT ASSETS

648,202

451,053

TOTAL ASSETS LESS CURRENT LIABILITIES

662,639

451,053

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

662,637

451,051

SHAREHOLDERS' FUNDS

662,639

451,053

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 May 2022 and were signed on its behalf by:

J Kiely - Director

1.	STATUTORY INFORMATION

Comprehensive Development 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.

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

-

25% on reducing balance

Taxation

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

19,250

At 31 March 2022

19,250

DEPRECIATION

Charge for year

4,813

At 31 March 2022

4,813

NET BOOK VALUE

At 31 March 2022

14,437

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade debtors

70,995

60,000

Other debtors

166,735

148,981

237,730

208,981

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade creditors

(1

)

-

Taxation and social security

114,176

77,208

Other creditors

2,090

1,209

116,265

78,417

7.	RELATED PARTY DISCLOSURES

Dividends are paid to the shareholders who are also the shareholders of the company.

Other debtors include £147,063 owed from a company controlled by the directors.