Company registration number: 12809821
Unaudited financial statements
for the year ended 31 August 2024
for
CM Civils & Surveys Ltd
Pages for filing with the Registrar
CM Civils & Surveys Ltd
Chartered Accountants' Report to the Director for the preparation of the unaudited
financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CM Civils & Surveys Ltd for the year ended 31 August 2024 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
As a 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 https://www.icaew.com/regulation.
This report is made solely to the Director of CM Civils & Surveys Ltd, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of CM Civils & Surveys Ltd and state those matters that we have agreed to state to them 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 CM Civils & Surveys Ltd and its Director for our work, or for this report.
It is your duty to ensure that CM Civils & Surveys Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of CM Civils & Surveys Ltd. You consider that CM Civils & Surveys Ltd 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 accounts of CM Civils & Surveys Ltd. 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.
Cobble Accountants Limited
Commerce House
Carlton Boulevard
Lincoln
Lincolnshire
LN2 4WJ
United Kingdom
Date: 22 November 2024
1
Company registration number: 12809821
CM Civils & Surveys Ltd
Balance sheet
as at 31 August 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 69,439 10,751
69,439 10,751
Current assets
Stocks 10,000 1,950
Debtors 197,860 104,929
Cash at bank and in hand 108,773 194,066
316,633 300,945
Creditors: amounts falling due within
one year
(142,163) (113,755)
Net current assets 174,470 187,190
Total assets less current liabilities 243,909 197,941
Creditors: Amounts falling due after
more than one year
(30,246) -
Provisions for liabilities (17,360) (2,313)
NET ASSETS 196,303 195,628
Capital and reserves
Called up share capital 100 100
Profit and loss account 196,203 195,528
TOTAL EQUITY 196,303 195,628
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 12809821
CM Civils & Surveys Ltd
Balance sheet - continued
as at 31 August 2024
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr C Maher, Director
22 November 2024
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CM Civils & Surveys Ltd
Notes to the financial statements
for the year ended 31 August 2024
1 Company information
CM Civils & Surveys Ltd is a private company registered in England and Wales. Its registered number is 12809821. The company is limited by shares. Its registered office is 5 Saint Germains Way, Scothern, Lincoln, Lincolnshire, LN2 2GG.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 50% on cost, 20% on cost and 15% on cost
Fixtures & fittings - 50% on cost and 15% on cost
Motor vehicles - 20% on cost
Computer equipment - 20% on cost
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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CM Civils & Surveys Ltd
Notes to the financial statements - continued
for the year ended 31 August 2024
2 Accounting policies - continued
Taxation
Taxation for the year comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or lossover the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 2 (2023 - 2).
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CM Civils & Surveys Ltd
Notes to the financial statements - continued
for the year ended 31 August 2024
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 September 2023 30,544
Additions 79,915
At 31 August 2024 110,459
Depreciation
At 1 September 2023 19,793
Charge for year 21,227
At 31 August 2024 41,020
Net book value
At 31 August 2024 69,439
At 31 August 2023 10,751
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