Company Registration No. 11373105 (England and Wales)
CSM DOMINIC LTD
Unaudited accounts
for the year ended 31 May 2024
CSM DOMINIC LTD
Unaudited accounts
Contents
CSM DOMINIC LTD
Company Information
for the year ended 31 May 2024
Director
COSMIN AURELIAN MURESAN
Company Number
11373105 (England and Wales)
Registered Office
58 HILLBOROUGH CRESCENT
HOUGHTON REGIS
DUNSTABLE
LU5 5NX
UNITED KINGDOM
Accountants
EMILIA ACCOUNTANCY LTD
58
STROUD CREDCENT
LONDON
UK
SW15 3EJ
CSM DOMINIC LTD
Statement of financial position
as at 31 May 2024
Tangible assets
353,821
288,600
Investments
222,573
106,073
Cash at bank and in hand
368,058
11,864
Creditors: amounts falling due within one year
(807,748)
(494,484)
Net current (liabilities)/assets
(33,015)
1,744
Total assets less current liabilities
543,379
396,417
Creditors: amounts falling due after more than one year
(101,881)
(88,098)
Net assets
441,498
308,319
Profit and loss account
441,498
308,319
Shareholders' funds
441,498
308,319
For the year ending 31 May 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 25 February 2025 and were signed on its behalf by
COSMIN AURELIAN MURESAN
Director
Company Registration No. 11373105
CSM DOMINIC LTD
Notes to the Accounts
for the year ended 31 May 2024
CSM DOMINIC LTD is a private company, limited by shares, registered in England and Wales, registration number 11373105. The registered office is 58 HILLBOROUGH CRESCENT, HOUGHTON REGIS, DUNSTABLE, LU5 5NX, UNITED KINGDOM.
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
CSM DOMINIC LTD
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
51,990
326,253
378,243
Additions
40,254
145,675
185,929
Disposals
-
(23,500)
(23,500)
At 31 May 2024
92,244
448,428
540,672
At 1 June 2023
17,666
71,977
89,643
Charge for the year
18,407
78,801
97,208
At 31 May 2024
36,073
150,778
186,851
At 31 May 2024
56,171
297,650
353,821
At 31 May 2023
34,324
254,276
288,600
5
Investments
Other investments
Valuation at 1 June 2023
106,073
Valuation at 31 May 2024
222,573
Amounts falling due within one year
Trade debtors
33,190
432,618
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
367,763
381,247
Taxes and social security
-
48,632
Loans from directors
-
64,605
CSM DOMINIC LTD
Notes to the Accounts
for the year ended 31 May 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
81,700
57,312
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).