1 January 2024 false No description of principal activity Taxfiler 2024.6 12401318business:PrivateLimitedCompanyLtd2024-01-012024-12-31 124013182023-12-31 124013182024-01-012024-12-31 12401318business:AuditExemptWithAccountantsReport2024-01-012024-12-31 12401318business:FilletedAccounts2024-01-012024-12-31 124013182024-12-31 12401318business:Director12024-01-012024-12-31 12401318business:RegisteredOffice2024-01-012024-12-31 124013182023-12-31 12401318core:WithinOneYear2024-12-31 12401318core:WithinOneYear2023-12-31 12401318core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 12401318core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 12401318core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 12401318core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 12401318core:PreviouslyStatedAmount2024-12-31 12401318core:PreviouslyStatedAmount2023-12-31 12401318business:SmallEntities2024-01-012024-12-31 12401318countries:EnglandWales2024-01-012024-12-31 12401318core:PlantMachinery2024-01-012024-12-31 12401318core:Goodwill2023-12-31 12401318core:Goodwill2024-12-31 12401318core:PlantMachinery2023-12-31 12401318core:ComputerEquipment2023-12-31 12401318core:ComputerEquipment2024-01-012024-12-31 12401318core:PlantMachinery2024-12-31 12401318core:ComputerEquipment2024-12-31 124013182023-07-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 12401318 (England and Wales)
CFSMUK LIMITED Unaudited accounts for the year ended 31 December 2024
CFSMUK LIMITED Unaudited accounts Contents
Page
- 2 -
CFSMUK LIMITED Company Information for the year ended 31 December 2024
Director
Mr Sean Mallon
Company Number
12401318 (England and Wales)
Registered Office
148 Rose Bowl Portland Crescent Portland Crescent Leeds West Yorkshire LS1 3HB England
Accountants
Simpson Accounting Services 38 Kellington Lane Eggborough North Yorkshire DN14 0LB
- 3 -
CFSMUK LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
239,209 
239,209 
Tangible assets
24,666 
14,503 
263,875 
253,712 
Current assets
Inventories
296,257 
120,293 
Debtors
176,621 
126,785 
Cash at bank and in hand
128,811 
(5,366)
601,689 
241,712 
Creditors: amounts falling due within one year
(930,044)
(747,775)
Net current liabilities
(328,355)
(506,063)
Net liabilities
(64,480)
(252,351)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(64,580)
(252,451)
Shareholders' funds
(64,480)
(252,351)
For the year ending 31 December 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 March 2025 and were signed on its behalf by
Mr Sean Mallon Director Company Registration No. 12401318
- 4 -
CFSMUK LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
CFSMUK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12401318. The registered office is 148 Rose Bowl, Portland Crescent, Portland Crescent, Leeds, West Yorkshire, LS1 3HB, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation is not charged in the year of acquisition.
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. No Depreciation is provided for in the year of acquisition:
Plant & machinery
20%
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
239,209 
At 31 December 2024
239,209 
Amortisation
At 1 January 2024
- 
At 31 December 2024
- 
Net book value
At 31 December 2024
239,209 
At 31 December 2023
239,209 
- 5 -
CFSMUK LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
14,503 
- 
14,503 
Additions
9,913 
250 
10,163 
At 31 December 2024
24,416 
250 
24,666 
Depreciation
At 31 December 2024
- 
- 
- 
Net book value
At 31 December 2024
24,416 
250 
24,666 
At 31 December 2023
14,503 
- 
14,503 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
77,432 
Trade debtors
73,913 
41,687 
Accrued income and prepayments
3,000 
3,000 
Other debtors
99,708 
4,666 
176,621 
126,785 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
48,329 
- 
Trade creditors
372,188 
80,565 
Taxes and social security
(928)
(241)
Other creditors
56,144 
- 
Loans from directors
379,440 
661,127 
Accruals
74,871 
6,324 
930,044 
747,775 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 6 -