Company Registration No. 08331809 (England and Wales)
CMC Civil Engineering Limited
Unaudited accounts
for the year ended 31 December 2022
CMC Civil Engineering Limited
Unaudited accounts
Contents
CMC Civil Engineering Limited
Company Information
for the year ended 31 December 2022
Company Number
08331809 (England and Wales)
Registered Office
127 MOMUS BOULEVARD
COVENTRY
CV2 5NB
Accountants
CS Scott Accounting LLP
Suite 1, Hardy House
Northbridge Road
Berkhamsted
Hertfordshire
HP4 1EF
CMC Civil Engineering Limited
Statement of financial position
as at 31 December 2022
Tangible assets
93,357
162,121
Cash at bank and in hand
15,715
25,092
Creditors: amounts falling due within one year
(79,672)
(191,080)
Net current liabilities
(52,106)
(116,219)
Total assets less current liabilities
41,251
45,902
Creditors: amounts falling due after more than one year
(40,550)
(44,487)
Called up share capital
4
4
Profit and loss account
697
1,411
Shareholders' funds
701
1,415
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 September 2023 and were signed on its behalf by
D Cockrell
Director
Company Registration No. 08331809
CMC Civil Engineering Limited
Notes to the Accounts
for the year ended 31 December 2022
CMC Civil Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 08331809. The registered office is 127 MOMUS BOULEVARD, COVENTRY, CV2 5NB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
33.3% straight line basis
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
CMC Civil Engineering Limited
Notes to the Accounts
for the year ended 31 December 2022
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2022
406,048
19,500
3,711
16,716
445,975
Additions
40,830
-
-
1,552
42,382
Disposals
(187,332)
(19,500)
-
-
(206,832)
At 31 December 2022
259,546
-
3,711
18,268
281,525
At 1 January 2022
253,497
11,959
1,969
16,429
283,854
Charge for the year
19,820
-
403
482
20,705
On disposals
(104,432)
(11,959)
-
-
(116,391)
At 31 December 2022
168,885
-
2,372
16,911
188,168
At 31 December 2022
90,661
-
1,339
1,357
93,357
At 31 December 2021
152,551
7,541
1,742
287
162,121
Amounts falling due within one year
Trade debtors
4,839
49,094
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2022
2021
Obligations under finance leases and hire purchase contracts
6,734
63,271
Trade creditors
5,509
15,962
Taxes and social security
39,372
28,868
Other creditors
1,584
4,640
Loans from directors
26,473
-
7
Creditors: amounts falling due after more than one year
2022
2021
CMC Civil Engineering Limited
Notes to the Accounts
for the year ended 31 December 2022
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
9
Average number of employees
During the year the average number of employees was 4 (2021: 4).