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REGISTERED NUMBER: 11220072 (England and Wales)















CABM Solutions Limited

Unaudited Financial Statements

for the Year Ended 29 February 2024






CABM Solutions Limited (Registered number: 11220072)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 5


CABM Solutions Limited

Company Information
for the Year Ended 29 February 2024







DIRECTORS: C D Scramell
Mrs F J Redwood



REGISTERED OFFICE: 4 King Square
Bridgwater
Somerset
TA6 3YF



REGISTERED NUMBER: 11220072 (England and Wales)



ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF



BANKERS: Metro Bank
One Southampton Row
London
WC1B 5HA

CABM Solutions Limited (Registered number: 11220072)

Abridged Statement of Financial Position
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 - 5,622

CURRENT ASSETS
Debtors 9,975 23,717
Cash at bank 3,821 746
13,796 24,463
CREDITORS
Amounts falling due within one year 7,351 11,262
NET CURRENT ASSETS 6,445 13,201
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,445

18,823

CREDITORS
Amounts falling due after more than one year (9,489 ) (16,141 )

PROVISIONS FOR LIABILITIES - (1,069 )
NET (LIABILITIES)/ASSETS (3,044 ) 1,613

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (3,144 ) 1,513
SHAREHOLDERS' FUNDS (3,044 ) 1,613

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

CABM Solutions Limited (Registered number: 11220072)

Abridged Statement of Financial Position - continued
29 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

CABM Solutions Limited (Registered number: 11220072)

Abridged Statement of Financial Position - continued
29 February 2024



The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by:





Mrs F J Redwood - Director


CABM Solutions Limited (Registered number: 11220072)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

CABM Solutions 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.

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.

The financial statements have been prepared on a going concern basis, which assumes the continued support of the company's directors.

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.
Plant and machinery etc - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

CABM Solutions Limited (Registered number: 11220072)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023 23,803
Disposals (23,803 )
At 29 February 2024 -
DEPRECIATION
At 1 March 2023 18,181
Eliminated on disposal (18,181 )
At 29 February 2024 -
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 5,622

6. SECURED DEBTS

The following secured debts are included within creditors:

29.2.24 28.2.23
£    £   
Bank loans 16,181 22,833

The loan is a government backed bounce back loan.

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£    £   
C D Scramell
Balance outstanding at start of year 18,890 570
Amounts advanced 7,013 19,299
Amounts repaid (19,564 ) (979 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,339 18,890