Company Registration No. 11285059 (England and Wales)
CMSoftech Ltd
Unaudited accounts
for the year ended 31 March 2024
CMSoftech Ltd
Unaudited accounts
Contents
CMSoftech Ltd
Company Information
for the year ended 31 March 2024
Director
Chaudhry Muhammad Yasin
Company Number
11285059 (England and Wales)
Registered Office
Office 5386
182-184 High Street North
London
E6 2JA
Accountants
Legend Financial and Tax Advisers Limited
246-250 Romford Road
Citygate House
London
E7 9HZ
CMSoftech Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
313,967
208,175
Creditors: amounts falling due within one year
(95,849)
(24,193)
Net current assets
226,118
188,982
Net assets
226,522
189,897
Called up share capital
3
3
Profit and loss account
226,519
189,894
Shareholders' funds
226,522
189,897
For the year ending 31 March 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 October 2024 and were signed on its behalf by
Chaudhry Muhammad Yasin
Director
Company Registration No. 11285059
CMSoftech Ltd
Notes to the Accounts
for the year ended 31 March 2024
CMSoftech Ltd is a private company, limited by shares, registered in England and Wales, registration number 11285059. The registered office is Office 5386, 182-184 High Street North, London, E6 2JA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Straight Line Method
Computer equipment
20% Straight Line Method
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
1,065
1,851
2,916
At 31 March 2024
1,065
1,851
2,916
At 1 April 2023
925
1,076
2,001
Charge for the year
141
370
511
At 31 March 2024
1,066
1,446
2,512
At 31 March 2024
(1)
405
404
At 31 March 2023
140
775
915
Amounts falling due within one year
CMSoftech Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
29,615
22,558
Loans from directors
30,542
(4,458)
Corporation Tax Payable: £28,090
PAYE/NI : £1,525
VAT Payable: £14,554
7
Average number of employees
During the year the average number of employees was 7 (2023: 4).