Company Registration No. 04814575 (England and Wales)
CMB Contractors Limited
Unaudited accounts
for the year ended 30 June 2024
CMB Contractors Limited
Unaudited accounts
Contents
CMB Contractors Limited
Company Information
for the year ended 30 June 2024
Director
Christopher Martin Bland
Secretary
Anne Christine Bland
Company Number
04814575 (England and Wales)
Registered Office
51 Wilmslow Road
Cheadle
Stockport
Cheshire
SK8 1HG
England
Accountants
SJM Accounting Services
51 Wilmslow Road
Cheadle
Stockport
Cheshire
SK8 1HG
CMB Contractors Limited
Statement of financial position
as at 30 June 2024
Tangible assets
7,891
9,745
Cash at bank and in hand
11,702
10,178
Creditors: amounts falling due within one year
(12,501)
(13,303)
Net current assets
6,658
4,048
Total assets less current liabilities
14,549
13,793
Provisions for liabilities
Deferred tax
(1,499)
(1,852)
Called up share capital
2
2
Profit and loss account
13,048
11,939
Shareholders' funds
13,050
11,941
For the year ending 30 June 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 July 2024 and were signed on its behalf by
Christopher Martin Bland
Director
Company Registration No. 04814575
CMB Contractors Limited
Notes to the Accounts
for the year ended 30 June 2024
CMB Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 04814575. The registered office is 51 Wilmslow Road, Cheadle, Stockport, Cheshire, SK8 1HG, England. The principal place of business is 160 Mile End Road, Stockport, Cheshire, SK2 6BY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling which is the functional currency of the company.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Computer equipment
33% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
CMB Contractors Limited
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
18,678
3,537
22,215
At 30 June 2024
19,101
3,805
22,906
At 1 July 2023
8,933
3,537
12,470
Charge for the year
2,456
89
2,545
At 30 June 2024
11,389
3,626
15,015
At 30 June 2024
7,712
179
7,891
At 30 June 2023
9,745
-
9,745
Amounts falling due within one year
Accrued income and prepayments
1,041
2,384
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
9,607
9,889
Loans from directors
1,532
2,085
7
Deferred taxation
2024
2023
Accelerated capital allowances
1,499
1,852
Provision at start of year
1,852
605
(Credited)/charged to the profit and loss account
(353)
1,247
Provision at end of year
1,499
1,852
CMB Contractors Limited
Notes to the Accounts
for the year ended 30 June 2024
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Transactions with related parties
CM Bland
Director and shareholder
Dividends paid in the year £33,303 (2023: £35,900)
Loan account due to CM Bland £1,532 (2023: due to CM Bland £2,085)
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).