Acorah Software Products - Accounts Production 15.0.600 false true 31 December 2022 1 January 2022 false 1 January 2023 31 December 2023 31 December 2023 05290718 Miss Charlotte Emsley Miss Charlotte Emsley iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05290718 2022-12-31 05290718 2023-12-31 05290718 2023-01-01 2023-12-31 05290718 frs-core:CurrentFinancialInstruments 2023-12-31 05290718 frs-core:Non-currentFinancialInstruments 2023-12-31 05290718 frs-core:ComputerEquipment 2023-12-31 05290718 frs-core:ComputerEquipment 2023-01-01 2023-12-31 05290718 frs-core:ComputerEquipment 2022-12-31 05290718 frs-core:FurnitureFittings 2023-12-31 05290718 frs-core:FurnitureFittings 2023-01-01 2023-12-31 05290718 frs-core:FurnitureFittings 2022-12-31 05290718 frs-core:MotorVehicles 2023-12-31 05290718 frs-core:MotorVehicles 2023-01-01 2023-12-31 05290718 frs-core:MotorVehicles 2022-12-31 05290718 frs-core:PlantMachinery 2023-12-31 05290718 frs-core:PlantMachinery 2023-01-01 2023-12-31 05290718 frs-core:PlantMachinery 2022-12-31 05290718 frs-core:ShareCapital 2023-12-31 05290718 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31 05290718 frs-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05290718 frs-bus:FilletedAccounts 2023-01-01 2023-12-31 05290718 frs-bus:SmallEntities 2023-01-01 2023-12-31 05290718 frs-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 05290718 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05290718 frs-core:UnlistedNon-exchangeTraded 2023-12-31 05290718 frs-core:UnlistedNon-exchangeTraded 2022-12-31 05290718 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2022-12-31 05290718 frs-core:AdditionsToInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 05290718 frs-core:CostValuation frs-core:UnlistedNon-exchangeTraded 2023-12-31 05290718 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2022-12-31 05290718 frs-core:ProvisionsForImpairmentInvestments frs-core:UnlistedNon-exchangeTraded 2023-12-31 05290718 frs-bus:Director1 2023-01-01 2023-12-31 05290718 frs-bus:CompanySecretary1 2023-01-01 2023-12-31 05290718 frs-core:CurrentFinancialInstruments 1 2023-12-31 05290718 frs-countries:EnglandWales 2023-01-01 2023-12-31 05290718 2021-12-31 05290718 2022-12-31 05290718 2022-01-01 2022-12-31 05290718 frs-core:CurrentFinancialInstruments 2022-12-31 05290718 frs-core:Non-currentFinancialInstruments 2022-12-31 05290718 frs-core:ShareCapital 2022-12-31 05290718 frs-core:RetainedEarningsAccumulatedLosses 2022-12-31 05290718 frs-core:CurrentFinancialInstruments 1 2022-12-31
Registered number: 05290718
CEMB Limited
Unaudited Financial Statements
For The Year Ended 31 December 2023
Portishead Taxsavers
72 High Street
Portishead
BS20 6EH
Unaudited Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05290718
2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 16,690 21,927
Investments 5 - 75
16,690 22,002
CURRENT ASSETS
Debtors 6 29,945 45,178
Cash at bank and in hand 302,780 295,574
332,725 340,752
Creditors: Amounts Falling Due Within One Year 7 (58,096 ) (68,840 )
NET CURRENT ASSETS (LIABILITIES) 274,629 271,912
TOTAL ASSETS LESS CURRENT LIABILITIES 291,319 293,914
Creditors: Amounts Falling Due After More Than One Year 8 (23,574 ) (37,965 )
NET ASSETS 267,745 255,949
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 267,645 255,849
SHAREHOLDERS' FUNDS 267,745 255,949
Page 1
Page 2
For the year ending 31 December 2023 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 her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss Charlotte Emsley
Director
25/07/2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
CEMB Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05290718 . The registered office is 5 The Triangle, Clevedon, N Somerset, BS21 6NB.
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. 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.
2.3. 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:
Plant & Machinery 33% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 33% reducing balance
Computer Equipment 33% reducing balance
2.4. 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.
2.5. 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 year 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.
...CONTINUED
Page 3
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2.5. Taxation - continued
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 asset reflects 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.
2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 12 (2022: 14)
12 14
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 January 2023 19,461 23,189 21,745 5,244 69,639
Additions - - - 901 901
As at 31 December 2023 19,461 23,189 21,745 6,145 70,540
Depreciation
As at 1 January 2023 18,528 5,797 21,282 2,105 47,712
Provided during the period 308 4,348 149 1,333 6,138
As at 31 December 2023 18,836 10,145 21,431 3,438 53,850
Net Book Value
As at 31 December 2023 625 13,044 314 2,707 16,690
As at 1 January 2023 933 17,392 463 3,139 21,927
5. Investments
Unlisted
£
Cost
As at 1 January 2023 75
Additions (75 )
As at 31 December 2023 -
Provision
As at 1 January 2023 -
As at 31 December 2023 -
Net Book Value
As at 31 December 2023 -
As at 1 January 2023 75
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Page 5
6. Debtors
2023 2022
£ £
Due within one year
Trade debtors 29,945 45,178
29,945 45,178
7. Creditors: Amounts Falling Due Within One Year
2023 2022
£ £
Trade creditors 7,463 8,535
Bank loans and overdrafts 9,808 9,808
Corporation tax 13,047 20,543
Other taxes and social security 989 5,317
VAT 22,403 21,514
Other creditors 56 57
Pension contributions 1,142 1,228
Accruals and deferred income 2,580 1,750
Director's loan account 608 88
58,096 68,840
8. Creditors: Amounts Falling Due After More Than One Year
2023 2022
£ £
Bank loans 18,462 28,271
Other creditors 5,112 9,694
23,574 37,965
9. Share Capital
2023 2022
£ £
Allotted, Called up and fully paid 100 100
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