CMP Complete Ltd 09783762 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is the provision of general building services. Digita Accounts Production Advanced 6.30.9574.0 true true 09783762 2023-10-01 2024-09-30 09783762 2024-09-30 09783762 core:CurrentFinancialInstruments 2024-09-30 09783762 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 09783762 core:Non-currentFinancialInstruments 2024-09-30 09783762 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-30 09783762 core:FurnitureFittingsToolsEquipment 2024-09-30 09783762 core:MotorVehicles 2024-09-30 09783762 bus:SmallEntities 2023-10-01 2024-09-30 09783762 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 09783762 bus:FilletedAccounts 2023-10-01 2024-09-30 09783762 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 09783762 bus:RegisteredOffice 2023-10-01 2024-09-30 09783762 bus:Director2 2023-10-01 2024-09-30 09783762 bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 09783762 core:ComputerEquipment 2023-10-01 2024-09-30 09783762 core:FurnitureFittingsToolsEquipment 2023-10-01 2024-09-30 09783762 core:MotorVehicles 2023-10-01 2024-09-30 09783762 countries:AllCountries 2023-10-01 2024-09-30 09783762 2023-09-30 09783762 core:FurnitureFittingsToolsEquipment 2023-09-30 09783762 core:MotorVehicles 2023-09-30 09783762 2022-10-01 2023-09-30 09783762 2023-09-30 09783762 core:CurrentFinancialInstruments 2023-09-30 09783762 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 09783762 core:Non-currentFinancialInstruments 2023-09-30 09783762 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 09783762 core:FurnitureFittingsToolsEquipment 2023-09-30 09783762 core:MotorVehicles 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 09783762

CMP Complete Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 September 2024

 

CMP Complete Ltd

Contents

Balance Sheet

1 to 2

Notes to the Financial Statements

3 to 6

 

CMP Complete Ltd

(Registration number: 09783762)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

3,706

4,942

Current assets

 

Stocks

5

6,569

4,014

Debtors

6

17,444

3,315

Cash at bank and in hand

 

1,832

13,660

 

25,845

20,989

Creditors: Amounts falling due within one year

7

(26,033)

(19,598)

Net current (liabilities)/assets

 

(188)

1,391

Total assets less current liabilities

 

3,518

6,333

Creditors: Amounts falling due after more than one year

7

(2,153)

(5,224)

Provisions for liabilities

(927)

(939)

Net assets

 

438

170

Capital and reserves

 

Called up share capital

100

100

Retained earnings

338

70

Shareholders' funds

 

438

170

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

 

CMP Complete Ltd

(Registration number: 09783762)
Balance Sheet as at 30 September 2024

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 4 March 2025 and signed on its behalf by:
 

.........................................
R I Chinnock
Director

 

CMP Complete Ltd

Notes to the Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales..

The address of its registered office is:
7a King Street
Frome
Somerset
BA11 1BH

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements, and is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

 

CMP Complete Ltd

Notes to the Financial Statements for the Year Ended 30 September 2024

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor vehicles

25% on reducing balance

Computer equipment

25% on cost

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business, and are recognised at the transaction price.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers; they are classified as current liabilities, and are recognised at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

CMP Complete Ltd

Notes to the Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 October 2023

1,115

15,619

16,734

At 30 September 2024

1,115

15,619

16,734

Depreciation

At 1 October 2023

1,115

10,677

11,792

Charge for the year

-

1,236

1,236

At 30 September 2024

1,115

11,913

13,028

Net book value

At 30 September 2024

-

3,706

3,706

At 30 September 2023

-

4,942

4,942

5

Stocks

2024
£

2023
£

Work in progress

5,653

2,756

Stock

916

1,258

6,569

4,014

6

Debtors

2024
£

2023
£

Trade debtors

6,844

1,434

Other debtors

10,600

1,881

17,444

3,315

 

CMP Complete Ltd

Notes to the Financial Statements for the Year Ended 30 September 2024

7

Creditors

Amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

8

3,014

2,970

Trade creditors

 

3,766

1,529

Taxation and social security

 

13,794

8,416

Accruals and deferred income

 

2,020

1,795

Other creditors

 

3,439

4,888

 

26,033

19,598

Amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

8

2,153

5,224

8

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

2,153

5,224

Current loans and borrowings

2024
£

2023
£

Bank borrowings

3,014

2,970