Silverfin false 31/01/2023 01/02/2022 31/01/2023 Mrs B T McIntyre 06/04/2016 Mr C H McIntyre 16/01/2003 Charles Hutton Mcintyre 27 October 2023 The principal activity of the company was the provision of business and management consultancy. 04638565 2023-01-31 04638565 bus:Director1 2023-01-31 04638565 bus:Director2 2023-01-31 04638565 2022-01-31 04638565 core:CurrentFinancialInstruments 2023-01-31 04638565 core:CurrentFinancialInstruments 2022-01-31 04638565 core:ShareCapital 2023-01-31 04638565 core:ShareCapital 2022-01-31 04638565 core:RetainedEarningsAccumulatedLosses 2023-01-31 04638565 core:RetainedEarningsAccumulatedLosses 2022-01-31 04638565 core:OfficeEquipment 2022-01-31 04638565 core:OfficeEquipment 2023-01-31 04638565 2022-02-01 2023-01-31 04638565 bus:FullAccounts 2022-02-01 2023-01-31 04638565 bus:SmallEntities 2022-02-01 2023-01-31 04638565 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 04638565 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 04638565 bus:Director1 2022-02-01 2023-01-31 04638565 bus:Director2 2022-02-01 2023-01-31 04638565 bus:Director3 2022-02-01 2023-01-31 04638565 core:OfficeEquipment core:TopRangeValue 2022-02-01 2023-01-31 04638565 2021-02-01 2022-01-31 04638565 core:OfficeEquipment 2022-02-01 2023-01-31 iso4217:GBP xbrli:pure

Company No: 04638565 (England and Wales)

CM SERVICES (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2023
PAGES FOR FILING WITH THE REGISTRAR

CM SERVICES (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2023

Contents

CM SERVICES (UK) LIMITED

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2023
CM SERVICES (UK) LIMITED

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2023
DIRECTORS Mrs B T McIntyre
Mr C H McIntyre
SECRETARY Mrs B T McIntyre
REGISTERED OFFICE 5 Sherbrooke Close
Sale
Cheshire
M33 5SZ
United Kingdom
COMPANY NUMBER 04638565 (England and Wales)
CHARTERED ACCOUNTANTS PM+M Solutions for Business LLP
New Century House
Greenbank Technology Park
Challenge Way
Blackburn
BB1 5QB
CM SERVICES (UK) LIMITED

BALANCE SHEET

AS AT 31 JANUARY 2023
CM SERVICES (UK) LIMITED

BALANCE SHEET (continued)

AS AT 31 JANUARY 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 4 639 874
639 874
Current assets
Debtors 5 20,446 37,178
Cash at bank and in hand 1,453 608
21,899 37,786
Creditors: amounts falling due within one year 6 ( 22,244) ( 38,115)
Net current liabilities (345) (329)
Total assets less current liabilities 294 545
Provision for liabilities ( 121) ( 219)
Net assets 173 326
Capital and reserves
Called-up share capital 10 10
Profit and loss account 163 316
Total shareholders' funds 173 326

For the financial year ending 31 January 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of CM Services (UK) Limited (registered number: 04638565) were approved and authorised for issue by the Board of Directors on 27 October 2023. They were signed on its behalf by:

Charles Hutton Mcintyre
Director
CM SERVICES (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2023
CM SERVICES (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

CM Services (UK) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 5 Sherbrooke Close, Sale, Cheshire, M33 5SZ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

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 creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

4. Tangible assets

Office equipment Total
£ £
Cost
At 01 February 2022 3,824 3,824
At 31 January 2023 3,824 3,824
Accumulated depreciation
At 01 February 2022 2,950 2,950
Charge for the financial year 235 235
At 31 January 2023 3,185 3,185
Net book value
At 31 January 2023 639 639
At 31 January 2022 874 874

5. Debtors

2023 2022
£ £
Trade debtors 0 3,599
Other debtors 20,446 33,579
20,446 37,178

6. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 2,330 0
Taxation and social security 17,814 21,722
Other creditors 2,100 16,393
22,244 38,115