Acorah Software Products - Accounts Production 14.6.300 false true true 31 January 2023 1 February 2022 true 1 February 2023 31 January 2024 31 January 2024 10570328 Mr Romain Robert Miss Chloe Robert iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10570328 2023-01-31 10570328 2024-01-31 10570328 2023-02-01 2024-01-31 10570328 frs-core:CurrentFinancialInstruments 2024-01-31 10570328 frs-core:Non-currentFinancialInstruments 2024-01-31 10570328 frs-core:BetweenOneFiveYears 2024-01-31 10570328 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-01 2024-01-31 10570328 frs-core:MotorVehicles 2024-01-31 10570328 frs-core:MotorVehicles 2023-02-01 2024-01-31 10570328 frs-core:MotorVehicles 2023-01-31 10570328 frs-core:PlantMachinery 2024-01-31 10570328 frs-core:PlantMachinery 2023-02-01 2024-01-31 10570328 frs-core:PlantMachinery 2023-01-31 10570328 frs-core:WithinOneYear 2024-01-31 10570328 frs-core:ShareCapital 2024-01-31 10570328 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-01-31 10570328 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 10570328 frs-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 10570328 frs-bus:FullAccounts 2023-02-01 2024-01-31 10570328 frs-bus:SmallEntities 2023-02-01 2024-01-31 10570328 frs-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 10570328 frs-bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 10570328 frs-bus:SmallCompaniesRegimeForDirectorsReport 2023-02-01 2024-01-31 10570328 frs-bus:Director1 2023-02-01 2024-01-31 10570328 frs-bus:Director2 2023-02-01 2024-01-31 10570328 frs-core:CurrentFinancialInstruments 1 2024-01-31 10570328 3 2023-02-01 2024-01-31 10570328 frs-countries:EnglandWales 2023-02-01 2024-01-31 10570328 2022-01-31 10570328 2023-01-31 10570328 2022-02-01 2023-01-31 10570328 frs-core:CurrentFinancialInstruments 2023-01-31 10570328 frs-core:Non-currentFinancialInstruments 2023-01-31 10570328 frs-core:BetweenOneFiveYears 2023-01-31 10570328 frs-core:WithinOneYear 2023-01-31 10570328 frs-core:ShareCapital 2023-01-31 10570328 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-01-31 10570328 frs-core:RetainedEarningsAccumulatedLosses 2023-01-31 10570328 frs-core:CurrentFinancialInstruments 1 2023-01-31 10570328 3 2022-02-01 2023-01-31
Registered number: 10570328
CMC (East Anglia) Limited
Directors' Report and
Unaudited Financial Statements
For The Year Ended 31 January 2024
Contents
Page
Company Information 1
Directors' Report 2
Accountant's Report 3
Statement of Income and Retained Earnings 4
Balance Sheet 5—6
Notes to the Financial Statements 7—10
Page 1
Company Information
Directors Mr Romain Robert
Miss Chloe Robert
Company Number 10570328
Registered Office Dashwood House
1 Tyrells Road
Great Yarmouth
Norfolk
NR31 0AR
Accountants Dashwood House
1 Tyrells Road
Great Yarmouth
Norfolk
NR31 0AR
Page 1
Page 2
Directors' Report
The directors present their report and the financial statements for the year ended 31 January 2024.
Principal Activity
The company's principal activity continues to be that of the installation of energy efficiency measures.
Directors
The directors who held office during the year were as follows:
Mr Romain Robert
Miss Chloe Robert
Statement of Directors' Responsibilities
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:
  • select suitable accounting policies and then apply them consistently;
  • make judgments and accounting estimates that are reasonable and prudent;
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Small Company Rules
This report has 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.
On behalf of the board
Mr Romain Robert
Director
14/06/2024
Page 2
Page 3
Accountant's Report
Report of the Accountant to the directors of CMC (East Anglia) Limited
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 January 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Signed
Mr Edward Clarke, BSc (Hons), MAAT
14/06/2024
Dashwood House
1 Tyrells Road
Great Yarmouth
Norfolk
NR31 0AR
Page 3
Page 4
Statement of Income and Retained Earnings
2024 2023
Notes £ £
TURNOVER 1,631,411 1,719,014
Cost of sales (804,104 ) (742,675 )
GROSS PROFIT 827,307 976,339
Administrative expenses (729,520 ) (813,278 )
Other operating income 4,400 -
Fair value gains on investment properties 27,465 -
OPERATING PROFIT 129,652 163,061
Loss on disposal of fixed assets (12,314 ) -
Other interest receivable and similar income 11,126 14,018
Interest payable and similar charges (5,995 ) (3,841 )
PROFIT BEFORE TAXATION 122,469 173,238
Tax on Profit (25,075 ) (48,621 )
PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR 97,394 124,617
RETAINED EARNINGS
As at 1 February 2023 295,991 171,374
Dividends paid (300,000) -
As at 31 January 2024 93,385 295,991
The notes on pages 7 to 10 form part of these financial statements.
Page 4
Page 5
Balance Sheet
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 49,060 36,775
Investment Properties 6 120,000 92,535
169,060 129,310
CURRENT ASSETS
Debtors 7 111,161 336,633
Cash at bank and in hand 5,950 11,874
117,111 348,507
Creditors: Amounts Falling Due Within One Year 8 (112,860 ) (97,473 )
NET CURRENT ASSETS (LIABILITIES) 4,251 251,034
TOTAL ASSETS LESS CURRENT LIABILITIES 173,311 380,344
Creditors: Amounts Falling Due After More Than One Year 9 (71,369 ) (78,425 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,457 ) (5,828 )
NET ASSETS 93,485 296,091
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account 93,385 295,991
SHAREHOLDERS' FUNDS 93,485 296,091
Page 5
Page 6
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
On behalf of the board
Mr Romain Robert
Director
14/06/2024
The notes on pages 7 to 10 form part of these financial statements.
Page 6
Page 7
Notes to the Financial Statements
1. General Information
CMC (East Anglia) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10570328 . The registered office is Dashwood House, 1 Tyrells Road, Great Yarmouth, Norfolk, NR31 0AR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Not depreciated
Plant & Machinery 25% reducing balance
Motor Vehicles 18% reducing balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.6. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
Page 7
Page 8
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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 is recognised on 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. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2023: 22)
17 22
4. Prior Period Adjustment
A prior year adjustment is present in the year ended 31 January 2023. It is correcting differences in the VAT payable balance brought forward from the year ended 31 January 2022 to the correct opening balance of the year ended 31 January 2023.
5. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost or Valuation
As at 1 February 2023 18,205 52,688 70,893
Additions 5,812 38,170 43,982
Disposals - (40,798 ) (40,798 )
As at 31 January 2024 24,017 50,060 74,077
Depreciation
As at 1 February 2023 9,055 25,063 34,118
Provided during the period 3,741 8,308 12,049
Disposals - (21,150 ) (21,150 )
As at 31 January 2024 12,796 12,221 25,017
Net Book Value
As at 31 January 2024 11,221 37,839 49,060
As at 1 February 2023 9,150 27,625 36,775
Page 8
Page 9
6. Investment Property
2024
£
Fair Value
As at 1 February 2023 92,535
Fair value adjustments 27,465
As at 31 January 2024 120,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2024 2023
£ £
Cost 92,535 92,535
7. Debtors
2024 2023
£ £
Due within one year
Trade debtors 27,276 65,479
Prepayments and accrued income 7,016 7,500
Non-Trade Debtors 1,534 4,200
VAT receivable 5,496 1,481
Amounts owed by group undertakings 69,839 257,973
111,161 336,633
8. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 4,099 -
Trade creditors 47,968 47,942
Corporation tax 22,446 33,565
PAYE and CIS 38,347 15,966
112,860 97,473
9. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 8,526 -
Bank loans 62,843 78,425
71,369 78,425
Page 9
Page 10
10. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 4,099 -
Later than one year and not later than five years 8,526 -
12,625 -
12,625 -
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 10