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REGISTERED NUMBER: 10486388 (England and Wales)















Financial Statements for the Year Ended 30th November 2023

for

CAMERON QUALITY MANAGEMENT LTD

CAMERON QUALITY MANAGEMENT LTD (REGISTERED NUMBER: 10486388)






Contents of the Financial Statements
FOR THE YEAR ENDED 30TH NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAMERON QUALITY MANAGEMENT LTD

Company Information
FOR THE YEAR ENDED 30TH NOVEMBER 2023







DIRECTOR: Mr Kamran Saeed





REGISTERED OFFICE: 9 Hind Close
Chigwell
IG7 4EA





REGISTERED NUMBER: 10486388 (England and Wales)





ACCOUNTANTS: Silver Arc
Chartered Certified Accountants
1 Quality Court
Chancery Lane
London
WC2A 1HR

CAMERON QUALITY MANAGEMENT LTD (REGISTERED NUMBER: 10486388)

Balance Sheet
30TH NOVEMBER 2023

30/11/23 30/11/22
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 54,152 59,967
54,152 59,967

CURRENT ASSETS
Stocks 5,456 2,150
Debtors 6 79,366 101,849
Cash at bank and in hand 6,211 7,833
91,033 111,832
CREDITORS
Amounts falling due within one year 7 (170,502 ) (136,573 )
NET CURRENT LIABILITIES (79,469 ) (24,741 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(25,317

)

35,226

CREDITORS
Amounts falling due after more than one
year

8

(63,831

)

(86,860

)

PROVISIONS FOR LIABILITIES (28,863 ) (23,693 )
NET LIABILITIES (118,011 ) (75,327 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (118,012 ) (75,328 )
SHAREHOLDERS' FUNDS (118,011 ) (75,327 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CAMERON QUALITY MANAGEMENT LTD (REGISTERED NUMBER: 10486388)

Balance Sheet - continued
30TH NOVEMBER 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 director and authorised for issue on 28th August 2024 and were signed by:





Mr Kamran Saeed - Director


CAMERON QUALITY MANAGEMENT LTD (REGISTERED NUMBER: 10486388)

Notes to the Financial Statements
FOR THE YEAR ENDED 30TH NOVEMBER 2023

1. STATUTORY INFORMATION

Cameron Quality Management Ltd 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

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.

CAMERON QUALITY MANAGEMENT LTD (REGISTERED NUMBER: 10486388)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st December 2022
and 30th November 2023 50,000
AMORTISATION
At 1st December 2022
and 30th November 2023 50,000
NET BOOK VALUE
At 30th November 2023 -
At 30th November 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st December 2022 120,402
Additions 1,194
At 30th November 2023 121,596
DEPRECIATION
At 1st December 2022 60,435
Charge for year 7,009
At 30th November 2023 67,444
NET BOOK VALUE
At 30th November 2023 54,152
At 30th November 2022 59,967

CAMERON QUALITY MANAGEMENT LTD (REGISTERED NUMBER: 10486388)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade debtors 965 3,298
Amounts owed by group undertakings 78,401 98,551
79,366 101,849

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Bank loans and overdrafts 24,047 19,311
Trade creditors 7,425 8,754
Amounts owed to group undertakings 35,100 2,000
Taxation and social security 6,172 8,034
Other creditors 97,758 98,474
170,502 136,573

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/11/23 30/11/22
£    £   
Bank loans 63,831 86,860

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 44,745
BBL 30,780 42,115
30,780 86,860