Acorah Software Products - Accounts Production 16.0.110 false true 31 December 2023 1 January 2023 false 1 January 2024 31 October 2024 31 October 2024 SC616513 Mr Malcolm MacLeod Mrs Margaret MacLeod iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC616513 2023-12-31 SC616513 2024-10-31 SC616513 2024-01-01 2024-10-31 SC616513 frs-core:CurrentFinancialInstruments 2024-10-31 SC616513 frs-core:FurnitureFittings 2024-10-31 SC616513 frs-core:FurnitureFittings 2024-01-01 2024-10-31 SC616513 frs-core:FurnitureFittings 2023-12-31 SC616513 frs-core:ShareCapital 2024-10-31 SC616513 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 SC616513 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-10-31 SC616513 frs-bus:FilletedAccounts 2024-01-01 2024-10-31 SC616513 frs-bus:SmallEntities 2024-01-01 2024-10-31 SC616513 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-10-31 SC616513 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-10-31 SC616513 frs-bus:Director1 2024-01-01 2024-10-31 SC616513 frs-bus:Director2 2024-01-01 2024-10-31 SC616513 frs-countries:Scotland 2024-01-01 2024-10-31 SC616513 2022-12-31 SC616513 2023-12-31 SC616513 2023-01-01 2023-12-31 SC616513 frs-core:CurrentFinancialInstruments 2023-12-31 SC616513 frs-core:ShareCapital 2023-12-31 SC616513 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: SC616513
CM Technology Solutions Ltd
Unaudited Financial Statements
For the Period 1 January 2024 to 31 October 2024
Jennifer MacDonald
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: SC616513
31 October 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 1,487
- 1,487
CURRENT ASSETS
Debtors 5 - 134
Cash at bank and in hand 116 5,852
116 5,986
Creditors: Amounts Falling Due Within One Year 6 (1,435 ) (5,330 )
NET CURRENT ASSETS (LIABILITIES) (1,319 ) 656
TOTAL ASSETS LESS CURRENT LIABILITIES (1,319 ) 2,143
NET (LIABILITIES)/ASSETS (1,319 ) 2,143
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account (1,419 ) 2,043
SHAREHOLDERS' FUNDS (1,319) 2,143
Page 1
Page 2
For the period ending 31 October 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 Malcolm MacLeod
Director
28/11/2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
CM Technology Solutions Ltd is a private company, limited by shares, incorporated in Scotland, registered number SC616513 . The registered office is 10 Heights of Woodside, Westhill, Inverness, IV2 5TH.
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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Fixtures & Fittings 15% reducing balance
3. Average Number of Employees
Average number of employees, including directors, during the period was: NIL (2023: NIL)
- -
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 January 2024 2,278
Disposals (2,278 )
As at 31 October 2024 -
Depreciation
As at 1 January 2024 791
Disposals (791 )
As at 31 October 2024 -
Net Book Value
As at 31 October 2024 -
As at 1 January 2024 1,487
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Page 4
5. Debtors
31 October 2024 31 December 2023
£ £
Due within one year
Prepayments and accrued income - 134
6. Creditors: Amounts Falling Due Within One Year
31 October 2024 31 December 2023
£ £
Corporation tax - 1,430
Accruals and deferred income 456 1,310
Directors' loan accounts 979 2,590
1,435 5,330
7. Share Capital
31 October 2024 31 December 2023
£ £
Allotted, Called up and fully paid 100 100
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