Caseware UK (AP4) 2021.0.152 2021.0.152 2022-03-312022-03-311falsefalsetrue2021-04-01No description of principal activity1The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09632258 2021-04-01 2022-03-31 09632258 2020-04-01 2021-03-31 09632258 2022-03-31 09632258 2021-03-31 09632258 c:Director1 2021-04-01 2022-03-31 09632258 d:CurrentFinancialInstruments 2022-03-31 09632258 d:CurrentFinancialInstruments 2021-03-31 09632258 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 09632258 d:CurrentFinancialInstruments d:WithinOneYear 2021-03-31 09632258 d:ShareCapital 2022-03-31 09632258 d:ShareCapital 2021-03-31 09632258 d:RetainedEarningsAccumulatedLosses 2022-03-31 09632258 d:RetainedEarningsAccumulatedLosses 2021-03-31 09632258 c:FRS102 2021-04-01 2022-03-31 09632258 c:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 09632258 c:FullAccounts 2021-04-01 2022-03-31 09632258 c:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 09632258 2 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure

Registered number: 09632258









CMC SERVICES LONDON LTD








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2022

 
CMC SERVICES LONDON LTD
REGISTERED NUMBER: 09632258

BALANCE SHEET
AS AT 31 MARCH 2022

2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
4,512
237

Cash at bank and in hand
 5 
99,116
119,541

  
103,628
119,778

Creditors: amounts falling due within one year
 6 
(44,198)
(45,944)

Net current assets
  
 
 
59,430
 
 
73,834

Total assets less current liabilities
  
59,430
73,834

  

Net assets
  
59,430
73,834


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
59,429
73,833

  
59,430
73,834


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
C M Calbraith
Director
Date: 6 September 2022

Page 1

 
CMC SERVICES LONDON LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1.


General information

CMC Services London Limited is a private Company limited by shares. The company is incorporated in England and Wales and its registered office address is Aston House, Cornwall Avenue, London N3 1LF. The registered Company number is 09632258.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 2

 
CMC SERVICES LONDON LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

2.Accounting policies (continued)

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).


4.


Debtors

2022
2021
£
£


Trade debtors
4,511
236

Other debtors
1
1

4,512
237



5.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
99,116
119,541

99,116
119,541


Page 3

 
CMC SERVICES LONDON LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Corporation tax
2,527
4,612

Other taxation and social security
3,998
609

Other creditors
37,673
40,723

44,198
45,944



7.


Transactions with directors

Included in other creditors is an amount of £37,673 (2021: £40,723) due to the director. This amount is unsecured, interest free and repayable on demand.
During the year, dividends of £30,000 (2021: £30,000) were paid to the director.

 
Page 4