Acorah Software Products - Accounts Production 15.0.600 false true true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09658186 Mr Michael Brown Mrs Cecile Brown Miss Katherine Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09658186 2023-06-30 09658186 2024-06-30 09658186 2023-07-01 2024-06-30 09658186 frs-core:CurrentFinancialInstruments 2024-06-30 09658186 frs-core:Non-currentFinancialInstruments 2024-06-30 09658186 frs-core:PlantMachinery 2024-06-30 09658186 frs-core:PlantMachinery 2023-07-01 2024-06-30 09658186 frs-core:PlantMachinery 2023-06-30 09658186 frs-core:ShareCapital 2024-06-30 09658186 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09658186 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09658186 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09658186 frs-bus:SmallEntities 2023-07-01 2024-06-30 09658186 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09658186 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09658186 frs-core:DeferredTaxation 2023-07-01 2024-06-30 09658186 frs-core:DeferredTaxation 2023-06-30 09658186 frs-core:DeferredTaxation 2024-06-30 09658186 frs-bus:Director1 2023-07-01 2024-06-30 09658186 frs-bus:Director1 2023-06-30 09658186 frs-bus:Director1 2024-06-30 09658186 frs-bus:Director2 2023-07-01 2024-06-30 09658186 frs-bus:Director2 2023-06-30 09658186 frs-bus:Director2 2024-06-30 09658186 frs-bus:Director3 2023-07-01 2024-06-30 09658186 frs-countries:EnglandWales 2023-07-01 2024-06-30 09658186 2022-06-30 09658186 2023-06-30 09658186 2022-07-01 2023-06-30 09658186 frs-core:CurrentFinancialInstruments 2023-06-30 09658186 frs-core:Non-currentFinancialInstruments 2023-06-30 09658186 frs-core:ShareCapital 2023-06-30 09658186 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30
Registered number: 09658186
CMTB CONSULTING LTD
Financial Statements
For The Year Ended 30 June 2024
The Curtis Partnership
1 Tape Street
Cheadle
Stoke On Trent
Staffordshire
ST10 1BB
Financial Statements
Contents
Page
Accountant's Report 1
Statement of Financial Position 2—3
Notes to the Financial Statements 4—7
Page 1
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of CMTB CONSULTING LTD for the year ended 30 June 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of CMTB CONSULTING LTD which comprise the Income Statement, the Statement of Financial Position and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of CMTB CONSULTING LTD , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of CMTB CONSULTING LTD and state those matters that we have agreed to state to the directors of CMTB CONSULTING LTD , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CMTB CONSULTING LTD and its directors as a body for our work or for this report.
It is your duty to ensure that CMTB CONSULTING LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of CMTB CONSULTING LTD . You consider that CMTB CONSULTING LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of CMTB CONSULTING LTD . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
6th August 2024
The Curtis Partnership
1 Tape Street
Cheadle
Stoke On Trent
Staffordshire
ST10 1BB
Page 1
Page 2
Statement of Financial Position
Registered number: 09658186
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,628 3,506
2,628 3,506
CURRENT ASSETS
Debtors 5 200,059 23,782
Cash at bank and in hand 217,412 390,205
417,471 413,987
Creditors: Amounts Falling Due Within One Year 6 (102,625 ) (99,186 )
NET CURRENT ASSETS (LIABILITIES) 314,846 314,801
TOTAL ASSETS LESS CURRENT LIABILITIES 317,474 318,307
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (499 ) (541 )
NET ASSETS 316,975 317,766
CAPITAL AND RESERVES
Called up share capital 9 40 40
Income Statement 316,935 317,726
SHAREHOLDERS' FUNDS 316,975 317,766
Page 2
Page 3
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 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 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 Income Statement.
On behalf of the board
Mr Michael Brown
Director
Mrs Cecile Brown
Director
Miss Katherine Brown
Director
6th August 2024
The notes on pages 4 to 7 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
CMTB CONSULTING LTD is a private company, limited by shares, incorporated in England & Wales, registered number 09658186 . The registered office is 1 Tape Street, Cheadle, Stoke On Trent, Staffordshire, ST10 1BB.
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:
Plant & Machinery 25% reducing balance basis
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 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.
...CONTINUED
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2.5. Taxation - continued
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: 3 (2023: 2)
3 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 July 2023 6,910
As at 30 June 2024 6,910
Depreciation
As at 1 July 2023 3,404
Provided during the period 878
As at 30 June 2024 4,282
Net Book Value
As at 30 June 2024 2,628
As at 1 July 2023 3,506
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Page 6
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 23,590 22,800
Prepayments and accrued income 974 982
Directors' loan accounts 135,958 -
160,522 23,782
Due after more than one year
Corporation tax recoverable assets 39,537 -
39,537 -
200,059 23,782
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 805 -
Corporation tax 84,262 33,836
VAT 16,120 13,038
Accruals and deferred income 1,438 6,042
Directors' loan accounts - 46,270
102,625 99,186
7. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 499 541
8. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 July 2023 541 541
Deferred taxation (42 ) (42 )
Balance at 30 June 2024 499 499
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9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 40 40
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 July 2023 Amounts advanced Amounts repaid Amounts written off As at 30 June 2024
£ £ £ £ £
Mr Michael Brown (23,135 ) 179,032 87,918 - 67,989
Mrs Cecile Brown (23,135 ) 179,033 87,919 - 67,969
The above loan is unsecured, interest free and repayable on demand.
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