Registration number:
Chesterfield Machine Services (Holdings) Limited
for the Year Ended 31 August 2024
Chesterfield Machine Services (Holdings) Limited
(Registration number: 07175107)
Balance Sheet as at 31 August 2024
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2024 |
2023 |
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Fixed assets |
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Investments |
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Creditors: Amounts falling due within one year |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Shareholders' funds |
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For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Director's Report and the Profit and Loss Account has been taken.
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C D Coe
Director
Chesterfield Machine Services (Holdings) Limited
Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2024
Accounting policies |
Statutory information
Chesterfield Machine Services (Holdings) Limited is a private company, limited by shares, domiciled in England and Wales, company number 07175107. The registered office is at Peak Unit 3, Foxwood Road, Sheepbridge, Chesterfield, S41 9RF.
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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
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.
The company was a dormant holding company throughout the year and did not trade individually.
Group accounts not prepared
Going concern
After due consideration of all relevant factors, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, he continues to adopt the going concern basis in preparing the annual report and accounts.
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Financial instruments
Chesterfield Machine Services (Holdings) Limited
Notes to the Unaudited Financial Statements
for the Year Ended 31 August 2024 (continued)
Staff numbers |
The average number of persons employed by the company during the year, was
Investments |
2024 |
2023 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
Cost |
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At 1 September 2023 and at 31 August 2024 |
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Net book value |
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At 31 August 2023 and at 31 August 2024 |
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Details of undertakings
Undertaking |
Holding |
Proportion of voting rights and shares held |
Principal activity |
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Subsidiary undertakings |
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Chesterfield Machine Services Limited |
Ordinary |
100% |
Precision engineering |
Creditors |
2024 |
2023 |
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Due within one year |
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Amounts owed to group undertakings |
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