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REGISTERED NUMBER: 10562194 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

CIM SOFTWARE LIMITED

CIM SOFTWARE LIMITED (REGISTERED NUMBER: 10562194)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

CIM SOFTWARE LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTORS: J L Ebdon
Mrs S Jessop
S R Rowcliffe





SECRETARY: J L Ebdon





REGISTERED OFFICE: Park House, Franconia Drive,
Nursling Ind Estate
Southampton
Hampshire
SO16 0YW





REGISTERED NUMBER: 10562194 (England and Wales)





ACCOUNTANTS: Maven Accountants Limited
PO Box 1882
Southampton
Hampshire
SO15 9JZ

CIM SOFTWARE LIMITED (REGISTERED NUMBER: 10562194)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 11,232 7,840

CURRENT ASSETS
Debtors 6 663,391 132,555
Cash at bank 116,687 356,726
780,078 489,281
CREDITORS
Amounts falling due within one year 7 220,762 138,054
NET CURRENT ASSETS 559,316 351,227
TOTAL ASSETS LESS CURRENT
LIABILITIES

570,548

359,067

CREDITORS
Amounts falling due after more than
one year

8

(280,317

)

-

PROVISIONS FOR LIABILITIES (2,134 ) (1,490 )
NET ASSETS 288,097 357,577

CAPITAL AND RESERVES
Called up share capital 9 6 3
Retained earnings 288,091 357,574
SHAREHOLDERS' FUNDS 288,097 357,577

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

CIM SOFTWARE LIMITED (REGISTERED NUMBER: 10562194)

Balance Sheet - continued
31 December 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 Board of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by:





Mrs S Jessop - Director


CIM SOFTWARE LIMITED (REGISTERED NUMBER: 10562194)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Cim Software Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

CIM SOFTWARE LIMITED (REGISTERED NUMBER: 10562194)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2022 - 21 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 9,805
Additions 7,590
At 31 December 2023 17,395
DEPRECIATION
At 1 January 2023 1,965
Charge for year 4,198
At 31 December 2023 6,163
NET BOOK VALUE
At 31 December 2023 11,232
At 31 December 2022 7,840

6. DEBTORS
31.12.23 31.12.22
£    £   
Amounts falling due within one year:
Trade debtors 73,854 48,266
Amounts owed by associates 69,357 69,857
Other debtors 489,890 14,432
633,101 132,555

Amounts falling due after more than one year:
Other debtors 30,290 -

Aggregate amounts 663,391 132,555

CIM SOFTWARE LIMITED (REGISTERED NUMBER: 10562194)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 56,533 -
Trade creditors 34,995 14,898
Taxation and social security 122,806 120,562
Other creditors 6,428 2,594
220,762 138,054

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 280,317 -

9. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
3 Ordinary Shares £1 3 3
1 Ordinary A Shares £1 1 -
1 Ordinary B Shares £1 1 -
5 3

The following shares were allotted at par during the year:

1 Ordinary A shares of £1 each
1 Ordinary B shares of £1 each
1 Ordinary C shares of £1 each

In addition to the above,the Company has 1 x £1 Ordinary C Share in issue.

Post year-end the Company entered into a Sub-division of Share Capital, such that each class of Shares was sub-divided from 1 x £1 into 100 x 1p Shares.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Cim Software Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cim Software Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Cim Software Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cim Software Limited and state those matters that we have agreed to state to the Board of Directors of Cim Software Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cim Software Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Cim Software Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cim Software Limited. You consider that Cim Software Limited 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 financial statements of Cim Software Limited. 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 statutory financial statements.






Maven Accountants Limited
PO Box 1882
Southampton
Hampshire
SO15 9JZ


27 August 2024