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REGISTERED NUMBER: 07634867 (England and Wales)















Unaudited Financial Statements For The Year Ended 29 May 2023

for

Client Machine Ltd

Client Machine Ltd (Registered number: 07634867)






Contents of the Financial Statements
For The Year Ended 29 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Client Machine Ltd

Company Information
For The Year Ended 29 May 2023







DIRECTOR: J H Liddell





REGISTERED OFFICE: 8 Clandon Avenue
Egham
Surrey
TW20 8LP





REGISTERED NUMBER: 07634867 (England and Wales)





ACCOUNTANTS: Fuller Spurling
Mill House
58 Guildford Street
Chertsey
Surrey
KT16 9BE

Client Machine Ltd (Registered number: 07634867)

Balance Sheet
29 May 2023

29.5.23 29.5.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,425 3,000
Tangible assets 5 1,294 2,245
7,719 5,245

CURRENT ASSETS
Debtors 6 12,841 5,215
Cash at bank and in hand 23,157 112,289
35,998 117,504
CREDITORS
Amounts falling due within one year 7 14,398 55,559
NET CURRENT ASSETS 21,600 61,945
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,319

67,190

CAPITAL AND RESERVES
Called up share capital 171 171
Share premium 124,556 124,556
Retained earnings (95,408 ) (57,537 )
SHAREHOLDERS' FUNDS 29,319 67,190

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 22 February 2024 and were signed by:



J H Liddell - Director


Client Machine Ltd (Registered number: 07634867)

Notes to the Financial Statements
For The Year Ended 29 May 2023

1. STATUTORY INFORMATION

Client Machine 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 as modified by the revaluation of certain assets.

The financial statements have been prepared under the going concern convention as the shareholders have agreed to continue to support the business in order that the creditors will be met when falling due.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and is recognised as services are provided to customers, or when a monthly hosting fee is due.

Intangible assets
The asset held under Intangible assets consist of website building. These are held at cost less amortisation.

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 - 25% on cost
Computer equipment - 25% on cost

Financial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Taxation
Taxation represents the sum of tax currently payable, and deferred tax if material.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax, where material, is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Client Machine Ltd (Registered number: 07634867)

Notes to the Financial Statements - continued
For The Year Ended 29 May 2023

2. ACCOUNTING POLICIES - continued

Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand
Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors
Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Website development costs
Amortisation is provided at 25% on cost in order to write this asset off over its estimated useful life.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 30 May 2022 4,000
Additions 5,900
At 29 May 2023 9,900
AMORTISATION
At 30 May 2022 1,000
Charge for year 2,475
At 29 May 2023 3,475
NET BOOK VALUE
At 29 May 2023 6,425
At 29 May 2022 3,000

Client Machine Ltd (Registered number: 07634867)

Notes to the Financial Statements - continued
For The Year Ended 29 May 2023

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 30 May 2022 4,967 7,299 12,266
Disposals - (66 ) (66 )
At 29 May 2023 4,967 7,233 12,200
DEPRECIATION
At 30 May 2022 4,903 5,118 10,021
Charge for year 32 853 885
At 29 May 2023 4,935 5,971 10,906
NET BOOK VALUE
At 29 May 2023 32 1,262 1,294
At 29 May 2022 64 2,181 2,245

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.5.23 29.5.22
£    £   
Trade debtors 2,904 3,964
Other debtors 134 -
Directors' current accounts 9,803 -
VAT - 1,251
12,841 5,215

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.5.23 29.5.22
£    £   
Bank loans and overdrafts 3,547 5,838
Other loans 4,667 30,698
Trade creditors 2,099 2,705
Corporation tax - 1,666
VAT 330 -
Other creditors 1,655 -
Directors' current accounts - 13,652
Accrued expenses 2,100 1,000
14,398 55,559

Client Machine Ltd (Registered number: 07634867)

Notes to the Financial Statements - continued
For The Year Ended 29 May 2023

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 29 May 2023 and the period ended 29 May 2022:

29.5.23 29.5.22
£    £   
J H Liddell
Balance outstanding at start of year - -
Amounts advanced 9,803 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,803 -