IRIS Accounts Production v23.4.0.336 09651702 Board of Directors Board of Directors 1.7.22 30.6.23 30.6.23 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh096517022022-06-30096517022023-06-30096517022022-07-012023-06-30096517022021-06-30096517022021-07-012022-06-30096517022022-06-3009651702ns15:EnglandWales2022-07-012023-06-3009651702ns14:PoundSterling2022-07-012023-06-3009651702ns10:Director12022-07-012023-06-3009651702ns10:Director22022-07-012023-06-3009651702ns10:PrivateLimitedCompanyLtd2022-07-012023-06-3009651702ns10:SmallEntities2022-07-012023-06-3009651702ns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3009651702ns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3009651702ns10:SmallCompaniesRegimeForAccounts2022-07-012023-06-3009651702ns10:FullAccounts2022-07-012023-06-3009651702ns10:OrdinaryShareClass12022-07-012023-06-3009651702ns10:OrdinaryShareClass22022-07-012023-06-3009651702ns10:RegisteredOffice2022-07-012023-06-3009651702ns5:CurrentFinancialInstruments2023-06-3009651702ns5:CurrentFinancialInstruments2022-06-3009651702ns5:Non-currentFinancialInstruments2023-06-3009651702ns5:Non-currentFinancialInstruments2022-06-3009651702ns5:ShareCapital2023-06-3009651702ns5:ShareCapital2022-06-3009651702ns5:RetainedEarningsAccumulatedLosses2023-06-3009651702ns5:RetainedEarningsAccumulatedLosses2022-06-3009651702ns5:PlantMachinery2022-07-012023-06-3009651702ns5:PlantMachinery2022-06-3009651702ns5:PlantMachinery2023-06-3009651702ns5:PlantMachinery2022-06-3009651702ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-07-012023-06-3009651702ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-06-3009651702ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3009651702ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-06-3009651702ns5:Secured2023-06-3009651702ns5:Secured2022-06-3009651702ns10:OrdinaryShareClass12023-06-3009651702ns10:OrdinaryShareClass22023-06-30
REGISTERED NUMBER: 09651702 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2023

FOR

CERMATPRO LIMITED

CERMATPRO LIMITED (REGISTERED NUMBER: 09651702)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CERMATPRO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH JUNE 2023







DIRECTORS: W G Grabham
P F Holland





REGISTERED OFFICE: Granimar House
Aylesham Industrial Estate
Aylesham
Canterbury
Kent
CT3 3EP





REGISTERED NUMBER: 09651702 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
2 The Links
HERNE BAY
Kent
CT6 7GQ

CERMATPRO LIMITED (REGISTERED NUMBER: 09651702)

BALANCE SHEET
30TH JUNE 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 224,412 180,556

CURRENT ASSETS
Stocks 276,723 221,438
Debtors 6 241,130 193,847
Cash at bank 40,525 156,969
558,378 572,254
CREDITORS
Amounts falling due within one year 7 281,388 247,131
NET CURRENT ASSETS 276,990 325,123
TOTAL ASSETS LESS CURRENT
LIABILITIES

501,402

505,679

CREDITORS
Amounts falling due after more than one
year

8

(82,659

)

(87,760

)

PROVISIONS FOR LIABILITIES (30,915 ) (34,305 )
NET ASSETS 387,828 383,614

CAPITAL AND RESERVES
Called up share capital 10 150 150
Retained earnings 387,678 383,464
SHAREHOLDERS' FUNDS 387,828 383,614

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

CERMATPRO LIMITED (REGISTERED NUMBER: 09651702)

BALANCE SHEET - continued
30TH JUNE 2023


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 15th March 2024 and were signed on its behalf by:




P F Holland - Director



W G Grabham - Director


CERMATPRO LIMITED (REGISTERED NUMBER: 09651702)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH JUNE 2023

1. STATUTORY INFORMATION

Cermatpro Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - straight line over 5 years and straight line over 15 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

CERMATPRO LIMITED (REGISTERED NUMBER: 09651702)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 14 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st July 2022 319,806
Additions 76,134
At 30th June 2023 395,940
DEPRECIATION
At 1st July 2022 139,250
Charge for year 32,278
At 30th June 2023 171,528
NET BOOK VALUE
At 30th June 2023 224,412
At 30th June 2022 180,556

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 66,670
At 30th June 2023 66,670
DEPRECIATION
Charge for year 3,333
At 30th June 2023 3,333
NET BOOK VALUE
At 30th June 2023 63,337

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 193,469 175,477
Other debtors 47,661 18,370
241,130 193,847

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 29,091 29,091
Hire purchase contracts 17,264 -
Trade creditors 191,799 153,640
Taxation and social security 9,215 32,307
Other creditors 34,019 32,093
281,388 247,131

CERMATPRO LIMITED (REGISTERED NUMBER: 09651702)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH JUNE 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 58,182 87,760
Hire purchase contracts 24,477 -
82,659 87,760

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 87,273 116,851

Barclays hold fixed and floating charges against the property and all undertakings of the company.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100
50 Ordinary A £1 50 50
150 150