Acorah Software Products - Accounts Production 16.1.300 false true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 SC257439 Mr Robert Brown Mr Iain Craig Mr Charles Shiells Mr Robert Brown iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure SC257439 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2024-05-31 SC257439 2023-05-31 SC257439 2024-05-31 SC257439 2023-06-01 2024-05-31 SC257439 frs-core:Non-currentFinancialInstruments 2024-05-31 SC257439 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-06-01 2024-05-31 SC257439 frs-core:ShareCapital 2024-05-31 SC257439 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 SC257439 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 SC257439 frs-bus:AbridgedAccounts 2023-06-01 2024-05-31 SC257439 frs-bus:SmallEntities 2023-06-01 2024-05-31 SC257439 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 SC257439 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 SC257439 frs-bus:Director1 2023-06-01 2024-05-31 SC257439 frs-bus:Director2 2023-06-01 2024-05-31 SC257439 frs-bus:Director3 2023-06-01 2024-05-31 SC257439 frs-bus:CompanySecretary1 2023-06-01 2024-05-31 SC257439 frs-countries:Scotland 2023-06-01 2024-05-31 SC257439 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-05-31 SC257439 2022-05-31 SC257439 2023-05-31 SC257439 2022-06-01 2023-05-31 SC257439 frs-core:Non-currentFinancialInstruments 2023-05-31 SC257439 frs-core:ShareCapital 2023-05-31 SC257439 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31
Registered number: SC257439
CPMS Property Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 May 2024
J Bruce Andrew & Co Ltd
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: SC257439
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 709,045 726,996
709,045 726,996
CURRENT ASSETS
Debtors 9,400 9,400
Cash at bank and in hand 1,015 115
10,415 9,515
Creditors: Amounts Falling Due Within One Year (130,658 ) (161,751 )
NET CURRENT ASSETS (LIABILITIES) (120,243 ) (152,236 )
TOTAL ASSETS LESS CURRENT LIABILITIES 588,802 574,760
Creditors: Amounts Falling Due After More Than One Year 5 (124,969 ) (156,662 )
NET ASSETS 463,833 418,098
CAPITAL AND RESERVES
Called up share capital 7 3 3
Profit and Loss Account 463,830 418,095
SHAREHOLDERS' FUNDS 463,833 418,098
Page 1
Page 2
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 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.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 May 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr Charles Shiells
Director
31/01/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
CPMS Property Limited is a private company, limited by shares, incorporated in Scotland, registered number SC257439 . The registered office is Victoria House, 114 Main Road, Elderslie, Renfrewshire, PA5 9AX.
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. 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:
Freehold 2% Straight Line
2.3. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 3)
3 3
4. Tangible Assets
Total
£
Cost
As at 1 June 2023 897,558
As at 31 May 2024 897,558
Depreciation
As at 1 June 2023 170,562
Provided during the period 17,951
As at 31 May 2024 188,513
Net Book Value
As at 31 May 2024 709,045
As at 1 June 2023 726,996
5. Creditors: amounts falling due after five years
Of the creditors falling due after more than one year the following amounts are due after more than five years.
2024 2023
£ £
Bank loans 31,978 38,752
Page 3
Page 4
6. Secured Creditors
The Bank of Scotland holds a bond and floating charge over all the company's assets for the sums below. 
2024 2023
£ £
Bank loans and overdrafts 156,852 186,774
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 3 3
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