Chesterfield Machine Services (Holdings) Limited 07175107 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is a holding company. Digita Accounts Production Advanced 6.30.9574.0 true false true 07175107 2023-09-01 2024-08-31 07175107 2024-08-31 07175107 core:ShareCapital 2024-08-31 07175107 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 07175107 bus:SmallEntities 2023-09-01 2024-08-31 07175107 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 07175107 bus:FilletedAccounts 2023-09-01 2024-08-31 07175107 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 07175107 bus:Director1 2023-09-01 2024-08-31 07175107 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07175107 countries:AllCountries 2023-09-01 2024-08-31 07175107 2022-09-01 2023-08-31 07175107 2023-08-31 07175107 core:ShareCapital 2023-08-31 07175107 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 07175107 core:CostValuation 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 07175107

Chesterfield Machine Services (Holdings) Limited

Unaudited Financial Statements

for the Year Ended 31 August 2024

 

Chesterfield Machine Services (Holdings) Limited

(Registration number: 07175107)

Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

3

111,000

111,000

Creditors: Amounts falling due within one year

4

(100,000)

(100,000)

Net assets

 

11,000

11,000

Capital and reserves

 

Called up share capital

11,000

11,000

Shareholders' funds

 

11,000

11,000

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:

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 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.

These financial statements, which 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 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the director on 4 March 2025
 

.........................................

C D Coe

Director

 

Chesterfield Machine Services (Holdings) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 August 2024

1

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

The company is part of a small group. The company has taken advantage of the exemption provided by section 398 of the Companies Act 2006 and has not provided group accounts.

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

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.
 

 

Chesterfield Machine Services (Holdings) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 August 2024 (continued)

2

Staff numbers

The average number of persons employed by the company during the year, was 0 (2023 - 0).

3

Investments

2024
£

2023
£

Investments in subsidiaries

111,000

111,000

Subsidiaries

£

Cost

At 1 September 2023 and at 31 August 2024

111,000

Net book value

At 31 August 2023 and at 31 August 2024

111,000

Details of undertakings

Undertaking

Holding

Proportion of voting rights and shares held

Principal activity

Subsidiary undertakings

Chesterfield Machine Services Limited

Ordinary

100%

Precision engineering

4

Creditors

2024
£

2023
£

Due within one year

Amounts owed to group undertakings

100,000

100,000