CMB Maintenance Services Limited 05637791 false 2022-01-01 2023-03-31 2023-03-31 The principal activity of the company is that of maintenance services Digita Accounts Production Advanced 6.30.9574.0 true 05637791 2022-01-01 2023-03-31 05637791 2023-03-31 05637791 bus:OrdinaryShareClass1 2023-03-31 05637791 core:RetainedEarningsAccumulatedLosses 2023-03-31 05637791 core:ShareCapital 2023-03-31 05637791 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 05637791 core:LandBuildings 2023-03-31 05637791 core:MotorVehicles 2023-03-31 05637791 bus:SmallEntities 2022-01-01 2023-03-31 05637791 bus:Audited 2022-01-01 2023-03-31 05637791 bus:AbridgedAccounts 2022-01-01 2023-03-31 05637791 bus:SmallCompaniesRegimeForAccounts 2022-01-01 2023-03-31 05637791 bus:RegisteredOffice 2022-01-01 2023-03-31 05637791 bus:Director2 2022-01-01 2023-03-31 05637791 bus:Director4 2022-01-01 2023-03-31 05637791 bus:OrdinaryShareClass1 2022-01-01 2023-03-31 05637791 bus:PrivateLimitedCompanyLtd 2022-01-01 2023-03-31 05637791 core:RetainedEarningsAccumulatedLosses 2022-01-01 2023-03-31 05637791 core:ShareCapital 2022-01-01 2023-03-31 05637791 core:LandBuildings 2022-01-01 2023-03-31 05637791 core:MotorVehicles 2022-01-01 2023-03-31 05637791 core:ParentEntities 2022-01-01 2023-03-31 05637791 countries:UnitedKingdom 2022-01-01 2023-03-31 05637791 2021-12-31 05637791 core:RetainedEarningsAccumulatedLosses 2021-12-31 05637791 core:ShareCapital 2021-12-31 05637791 core:LandBuildings 2021-12-31 05637791 core:MotorVehicles 2021-12-31 05637791 2021-01-01 2021-12-31 05637791 2021-12-31 05637791 bus:OrdinaryShareClass1 2021-12-31 05637791 core:RetainedEarningsAccumulatedLosses 2021-12-31 05637791 core:ShareCapital 2021-12-31 05637791 core:CurrentFinancialInstruments core:WithinOneYear 2021-12-31 05637791 core:LandBuildings 2021-12-31 05637791 core:MotorVehicles 2021-12-31 05637791 core:RetainedEarningsAccumulatedLosses 2021-01-01 2021-12-31 05637791 core:ShareCapital 2021-01-01 2021-12-31 05637791 2020-12-31 05637791 core:RetainedEarningsAccumulatedLosses 2020-12-31 05637791 core:ShareCapital 2020-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 05637791

CMB Maintenance Services Limited

Filleted Annual Report and Abridged Financial Statements

for the Period from 1 January 2022 to 31 March 2023

 

CMB Maintenance Services Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Statement of Changes in Equity

3

Notes to the Abridged Financial Statements

4 to 8

 

CMB Maintenance Services Limited

Company Information

Directors

Mr Steven Borley

Mr Michael Camilleri

Registered office

1 Alexandra Gate
Ffordd Pengam
Cardiff
S Glam
CF24 2SA

Auditors

HSJ Audit Limited
Severn House
Hazell Drive
Newport
South Wales
NP10 8FY

 

CMB Maintenance Services Limited

(Registration number: 05637791)
Abridged Balance Sheet as at 31 March 2023

Note

2023
£

2021
£

Fixed assets

 

Tangible assets

4

99,118

102,924

Current assets

 

Debtors

213,289

84,963

Cash at bank and in hand

 

-

14,203

 

213,289

99,166

Prepayments and accrued income

 

2,324

1,053

Creditors: Amounts falling due within one year

(165,223)

(77,070)

Net current assets

 

50,390

23,149

Total assets less current liabilities

 

149,508

126,073

Accruals and deferred income

 

(32,432)

(15,905)

Net assets

 

117,076

110,168

Capital and reserves

 

Called up share capital

5

100

100

Profit and loss account

116,976

110,068

Total equity

 

117,076

110,168

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 October 2023 and signed on its behalf by:
 

.........................................

Mr Steven Borley
Director

 

CMB Maintenance Services Limited

Statement of Changes in Equity for the Period from 1 January 2022 to 31 March 2023

Share capital
£

Retained earnings
£

Total
£

At 1 January 2022

100

110,068

110,168

Profit for the period

-

6,908

6,908

At 31 March 2023

100

116,976

117,076


 

Share capital
£

Retained earnings
£

Total
£

At 1 January 2021

100

198,825

198,925

Loss for the period

-

(88,757)

(88,757)

At 31 December 2021

100

110,068

110,168

 

CMB Maintenance Services Limited

Notes to the Abridged Financial Statements for the Period from 1 January 2022 to 31 March 2023

1

General information

The company registration number us: 05637791

The company is a incorporated in United Kingdom.

The address of its registered office is:
1 Alexandra Gate
Ffordd Pengam
Cardiff
S Glam
CF24 2SA
Wales

The principal place of business is:
1 Alexandra Gate
Ffordd Pengam
Cardiff
S Glam
CF24 2SA
Wales

These financial statements were authorised for issue by the Board on 23 October 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

 

CMB Maintenance Services Limited

Notes to the Abridged Financial Statements for the Period from 1 January 2022 to 31 March 2023

Audit report

The Independent Auditor's Report was unqualified. . The name of the Senior Statutory Auditor who signed the audit report on 27 October 2023 was Andrew Hill, who signed for and on behalf of HSJ Audit Limited.

.........................................

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land and buildings

Straight line over fifty years

Motor vehicles

25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

CMB Maintenance Services Limited

Notes to the Abridged Financial Statements for the Period from 1 January 2022 to 31 March 2023

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 13 (2021 - 13).

 

CMB Maintenance Services Limited

Notes to the Abridged Financial Statements for the Period from 1 January 2022 to 31 March 2023

4

Tangible assets

Land and buildings
£

Motor vehicles
 £

Total
£

Cost or valuation

At 1 January 2022

120,000

62,208

182,208

Additions

-

13,750

13,750

Disposals

-

(62,208)

(62,208)

At 31 March 2023

120,000

13,750

133,750

Depreciation

At 1 January 2022

31,200

48,084

79,284

Charge for the period

2,000

11,882

13,882

Eliminated on disposal

-

(58,534)

(58,534)

At 31 March 2023

33,200

1,432

34,632

Carrying amount

At 31 March 2023

86,800

12,318

99,118

At 31 December 2021

88,800

14,124

102,924

Included within the net book value of land and buildings above is £86,800 (2021 - £88,800) in respect of freehold land and buildings.
 

 

CMB Maintenance Services Limited

Notes to the Abridged Financial Statements for the Period from 1 January 2022 to 31 March 2023

5

Share capital

Allotted, called up and fully paid shares

 

2023

2021

 

No.

£

No.

£

Ordinary of £1 each

100

100

100

100

         

6

Related party transactions

Summary of transactions with parent

Relationship: Directors
 During the period the directors made unsecured, interest free, repayable on demand loans to the company. At the balance sheet date the amount due to the directors was £nil (2021 - £48,666).