Silverfin false false 31/12/2024 01/01/2024 31/12/2024 Mr Craig B Martin 04/12/2015 11 April 2025 The principal activity of the Company during the financial year was project management consultancy services. SC521817 2024-12-31 SC521817 bus:Director1 2024-12-31 SC521817 2023-12-31 SC521817 core:CurrentFinancialInstruments 2024-12-31 SC521817 core:CurrentFinancialInstruments 2023-12-31 SC521817 core:ShareCapital 2024-12-31 SC521817 core:ShareCapital 2023-12-31 SC521817 core:RetainedEarningsAccumulatedLosses 2024-12-31 SC521817 core:RetainedEarningsAccumulatedLosses 2023-12-31 SC521817 core:OtherPropertyPlantEquipment 2023-12-31 SC521817 core:OtherPropertyPlantEquipment 2024-12-31 SC521817 bus:OrdinaryShareClass1 2024-12-31 SC521817 2024-01-01 2024-12-31 SC521817 bus:FilletedAccounts 2024-01-01 2024-12-31 SC521817 bus:SmallEntities 2024-01-01 2024-12-31 SC521817 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 SC521817 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 SC521817 bus:Director1 2024-01-01 2024-12-31 SC521817 core:OtherPropertyPlantEquipment core:TopRangeValue 2024-01-01 2024-12-31 SC521817 2023-01-01 2023-12-31 SC521817 core:OtherPropertyPlantEquipment 2024-01-01 2024-12-31 SC521817 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 SC521817 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC521817 (Scotland)

CBM CONSULT LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH THE REGISTRAR

CBM CONSULT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024

Contents

CBM CONSULT LIMITED

BALANCE SHEET

AS AT 31 DECEMBER 2024
CBM CONSULT LIMITED

BALANCE SHEET (continued)

AS AT 31 DECEMBER 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 1,107 0
1,107 0
Current assets
Debtors 4 7,488 5,689
Cash at bank and in hand 22,898 1,518
30,386 7,207
Creditors: amounts falling due within one year 5 ( 16,835) ( 9,844)
Net current assets/(liabilities) 13,551 (2,637)
Total assets less current liabilities 14,658 (2,637)
Provision for liabilities 6 ( 210) 0
Net assets/(liabilities) 14,448 ( 2,637)
Capital and reserves
Called-up share capital 7 1 1
Profit and loss account 14,447 ( 2,638 )
Total shareholder's funds/(deficit) 14,448 ( 2,637)

For the financial 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.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of CBM Consult Limited (registered number: SC521817) were approved and authorised for issue by the Director on 11 April 2025. They were signed on its behalf by:

Mr Craig B Martin
Director
CBM CONSULT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
CBM CONSULT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

CBM Consult Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is C/O Johnston Carmichael, 227 West George Street, Glasgow, G2 2ND, Scotland, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for consultancy services provided in the normal course of business.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery etc. 3 years straight line
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Basic financial assets
Basic financial assets, which include debtors and bank balances, are measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 January 2024 1,723 1,723
Additions 1,248 1,248
Disposals ( 723) ( 723)
At 31 December 2024 2,248 2,248
Accumulated depreciation
At 01 January 2024 1,723 1,723
Charge for the financial year 141 141
Disposals ( 723) ( 723)
At 31 December 2024 1,141 1,141
Net book value
At 31 December 2024 1,107 1,107
At 31 December 2023 0 0

4. Debtors

2024 2023
£ £
Trade debtors 7,488 4,992
Corporation tax 0 697
7,488 5,689

5. Creditors: amounts falling due within one year

2024 2023
£ £
Taxation and social security 7,125 0
Other creditors 9,710 9,844
16,835 9,844

6. Provision for liabilities

2024 2023
£ £
Deferred tax 210 0

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1

8. Related party transactions

Transactions with the entity's director

2024 2023
£ £
Amounts owed to Director 7,501 7,863

This loan is interest free and has no fixed repayment terms.