Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 10012790 Mr Craig Cowper Mrs Charlotte Cowper Mr Craig Cowper & Mrs Charlotte Cowper true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 10012790 2023-02-28 10012790 2024-02-29 10012790 2023-03-01 2024-02-29 10012790 frs-core:CurrentFinancialInstruments 2024-02-29 10012790 frs-core:Non-currentFinancialInstruments 2024-02-29 10012790 frs-core:FurnitureFittings 2024-02-29 10012790 frs-core:FurnitureFittings 2023-03-01 2024-02-29 10012790 frs-core:FurnitureFittings 2023-02-28 10012790 frs-core:MotorVehicles 2024-02-29 10012790 frs-core:MotorVehicles 2023-03-01 2024-02-29 10012790 frs-core:MotorVehicles 2023-02-28 10012790 frs-core:ShareCapital 2024-02-29 10012790 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 10012790 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 10012790 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 10012790 frs-bus:SmallEntities 2023-03-01 2024-02-29 10012790 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 10012790 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 10012790 1 2023-03-01 2024-02-29 10012790 frs-bus:Director1 2023-03-01 2024-02-29 10012790 frs-bus:Director2 2023-03-01 2024-02-29 10012790 frs-core:CurrentFinancialInstruments 9 2024-02-29 10012790 frs-countries:EnglandWales 2023-03-01 2024-02-29 10012790 2022-02-28 10012790 2023-02-28 10012790 2022-03-01 2023-02-28 10012790 frs-core:CurrentFinancialInstruments 2023-02-28 10012790 frs-core:Non-currentFinancialInstruments 2023-02-28 10012790 frs-core:ShareCapital 2023-02-28 10012790 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28 10012790 frs-core:CurrentFinancialInstruments 9 2023-02-28
Registered number: 10012790
C.M.C. Lighting Limited
Financial Statements
For The Year Ended 29 February 2024
Arthur G Edwards & Co Limited
Chartered Certified Accountants
Alexandra House
74 Moorland Road
Stoke-on-Trent
Staffs
ST6 1DY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 10012790
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 112,188 95,594
112,188 95,594
CURRENT ASSETS
Stocks 5 5,021 -
Debtors 6 6,464 20,049
Cash at bank and in hand 47,874 50,378
59,359 70,427
Creditors: Amounts Falling Due Within One Year 7 (85,963 ) (90,661 )
NET CURRENT ASSETS (LIABILITIES) (26,604 ) (20,234 )
TOTAL ASSETS LESS CURRENT LIABILITIES 85,584 75,360
Creditors: Amounts Falling Due After More Than One Year 8 (12,821 ) (16,668 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (21,316 ) (18,163 )
NET ASSETS 51,447 40,529
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 51,347 40,429
SHAREHOLDERS' FUNDS 51,447 40,529
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For the year ending 29 February 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 Profit and Loss Account.
On behalf of the board
Mr Craig Cowper
Director
13/09/2024
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
C.M.C. Lighting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10012790 . The registered office is Alexandra House, 74 Moorland Road, Stoke-on-Trent, Staffordshire, ST6 1DY.
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 represents the invoiced value of goods and services supplied by the company during the year.
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:
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% 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. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
The corporation tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expenditure that are not tax allowable and capital allowances claimed. 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 measured at the tax rates that are expected to apply in the period in which the assets are 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.
2.7. 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.
2.8. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Motor Vehicles Fixtures & Fittings Total
£ £ £
Cost
As at 1 March 2023 42,364 99,652 142,016
Additions - 53,991 53,991
As at 29 February 2024 42,364 153,643 196,007
Depreciation
As at 1 March 2023 7,946 38,476 46,422
Provided during the period 8,605 28,792 37,397
As at 29 February 2024 16,551 67,268 83,819
Net Book Value
As at 29 February 2024 25,813 86,375 112,188
As at 1 March 2023 34,418 61,176 95,594
5. Stocks
2024 2023
£ £
Work in progress 5,021 -
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6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 5,308 18,574
Prepayments and accrued income 860 1,154
PAYE 296 321
6,464 20,049
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 3,847 3,411
Trade creditors 1 -
Corporation tax 7,686 3,249
VAT 10,148 4,967
Accruals and deferred income 2,640 3,175
Directors' loan accounts 61,641 75,859
85,963 90,661
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 12,821 16,668
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Ultimate Controlling Party
The company's ultimate controlling party are Mr Craig Cowper & Mrs Charlotte Cowper by virtue of their ownership of 100% of the issued share capital in the company.(50% each)
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