IRIS Accounts Production v23.1.0.753 12433485 Board of Directors 1.4.22 31.3.23 31.3.23 0 false true false false true false Ordinary 0.01000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure124334852022-03-31124334852023-03-31124334852022-04-012023-03-31124334852021-03-31124334852021-04-012022-03-31124334852022-03-3112433485ns16:EnglandWales2022-04-012023-03-3112433485ns15:PoundSterling2022-04-012023-03-3112433485ns11:Director12022-04-012023-03-3112433485ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3112433485ns11:SmallEntities2022-04-012023-03-3112433485ns11:AuditExemptWithAccountantsReport2022-04-012023-03-3112433485ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3112433485ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3112433485ns11:FullAccounts2022-04-012023-03-3112433485ns11:OrdinaryShareClass12022-04-012023-03-3112433485ns11:Director22022-04-012023-03-3112433485ns11:Director32022-04-012023-03-3112433485ns11:RegisteredOffice2022-04-012023-03-3112433485ns6:CurrentFinancialInstruments2023-03-3112433485ns6:CurrentFinancialInstruments2022-03-3112433485ns6:ShareCapital2023-03-3112433485ns6:ShareCapital2022-03-3112433485ns6:RetainedEarningsAccumulatedLosses2023-03-3112433485ns6:FurnitureFittings2022-04-012023-03-3112433485ns6:ComputerEquipment2022-04-012023-03-3112433485ns6:FurnitureFittings2022-03-3112433485ns6:ComputerEquipment2022-03-3112433485ns6:FurnitureFittings2023-03-3112433485ns6:ComputerEquipment2023-03-3112433485ns6:FurnitureFittings2022-03-3112433485ns6:ComputerEquipment2022-03-3112433485ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3112433485ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3112433485ns11:OrdinaryShareClass12023-03-3112433485ns6:RetainedEarningsAccumulatedLosses2022-03-3112433485ns6:RetainedEarningsAccumulatedLosses2022-04-012023-03-31
REGISTERED NUMBER: 12433485 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

CLM Search Ltd

CLM Search Ltd (Registered number: 12433485)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 6

CLM Search Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: J A Cahill
T J Nathaniel
C T O'Brien





REGISTERED OFFICE: Floor 1
Sierra Quebec Bravo
Marsh Wall
London
E14 9SH





REGISTERED NUMBER: 12433485 (England and Wales)





ACCOUNTANTS: Ascott Blake Ltd
11 Ducketts Wharf
Bishop's Stortford
Hertfordshire
CM23 3AR

CLM Search Ltd (Registered number: 12433485)

Balance Sheet
31 March 2023

31/3/23 31/3/22
Notes £    £   
FIXED ASSETS
Tangible assets 4 43,924 19,878

CURRENT ASSETS
Debtors 5 820,081 483,417
Cash at bank 2,139,181 1,191,444
2,959,262 1,674,861
CREDITORS
Amounts falling due within one year 6 (722,627 ) (492,987 )
NET CURRENT ASSETS 2,236,635 1,181,874
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,280,559

1,201,752

CAPITAL AND RESERVES
Called up share capital 8 3 3
Retained earnings 9 2,280,556 1,201,749
SHAREHOLDERS' FUNDS 2,280,559 1,201,752

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 November 2023 and were signed on its behalf by:





C T O'Brien - Director


CLM Search Ltd (Registered number: 12433485)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

CLM Search 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.
Fixtures and fittings - 33% on cost
Computer equipment - 25% on cost

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2022 - NIL ) .

CLM Search Ltd (Registered number: 12433485)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2022 3,924 21,114 25,038
Additions 24,012 10,909 34,921
At 31 March 2023 27,936 32,023 59,959
DEPRECIATION
At 1 April 2022 1,056 4,104 5,160
Charge for year 4,020 6,855 10,875
At 31 March 2023 5,076 10,959 16,035
NET BOOK VALUE
At 31 March 2023 22,860 21,064 43,924
At 31 March 2022 2,868 17,010 19,878

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Trade debtors 728,555 321,564
Other debtors 91,526 161,853
820,081 483,417

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans and overdrafts (see note 7) 32,335 41,758
Trade creditors 74,002 137,059
Taxation and social security 446,550 287,427
Other creditors 169,740 26,743
722,627 492,987

7. LOANS

An analysis of the maturity of loans is given below:

31/3/23 31/3/22
£    £   
Amounts falling due within one year or on demand:
Bank loans 32,335 41,758

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31/3/23 31/3/22
value: £    £   
300 Ordinary 0.01 3 3

CLM Search Ltd (Registered number: 12433485)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

9. RESERVES
Retained
earnings
£   

At 1 April 2022 1,201,748
Profit for the year 1,767,180
Dividends (688,372 )
At 31 March 2023 2,280,556

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
CLM Search Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CLM Search Ltd for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of CLM Search Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CLM Search Ltd and state those matters that we have agreed to state to the Board of Directors of CLM Search Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CLM Search Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CLM Search Ltd. You consider that CLM Search Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CLM Search Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Ascott Blake Ltd
11 Ducketts Wharf
Bishop's Stortford
Hertfordshire
CM23 3AR


1 November 2023