IRIS Accounts Production v25.1.0.734 SC264055 Board of Directors 1.1.24 31.12.24 31.12.24 false true true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC2640552023-12-31SC2640552024-12-31SC2640552024-01-012024-12-31SC2640552022-12-31SC2640552023-01-012023-12-31SC2640552023-12-31SC264055ns15:Scotland2024-01-012024-12-31SC264055ns14:PoundSterling2024-01-012024-12-31SC264055ns10:Director12024-01-012024-12-31SC264055ns10:PrivateLimitedCompanyLtd2024-01-012024-12-31SC264055ns10:SmallEntities2024-01-012024-12-31SC264055ns10:Audited2024-01-012024-12-31SC264055ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-31SC264055ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-31SC264055ns10:FullAccounts2024-01-012024-12-31SC264055ns10:OrdinaryShareClass12024-01-012024-12-31SC264055ns10:Director22024-01-012024-12-31SC264055ns10:Director32024-01-012024-12-31SC264055ns10:Director42024-01-012024-12-31SC264055ns10:RegisteredOffice2024-01-012024-12-31SC264055ns5:CurrentFinancialInstruments2024-12-31SC264055ns5:CurrentFinancialInstruments2023-12-31SC264055ns5:Non-currentFinancialInstruments2024-12-31SC264055ns5:Non-currentFinancialInstruments2023-12-31SC264055ns5:ShareCapital2024-12-31SC264055ns5:ShareCapital2023-12-31SC264055ns5:RetainedEarningsAccumulatedLosses2024-12-31SC264055ns5:RetainedEarningsAccumulatedLosses2023-12-31SC264055ns5:ShareCapital2022-12-31SC264055ns5:RetainedEarningsAccumulatedLosses2022-12-31SC264055ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31SC264055ns5:RetainedEarningsAccumulatedLosses2024-01-012024-12-31SC264055ns5:PlantMachinery2024-01-012024-12-31SC264055ns5:OwnedAssets2024-01-012024-12-31SC264055ns5:OwnedAssets2023-01-012023-12-31SC264055ns5:LeasedAssets2024-01-012024-12-31SC264055ns5:LeasedAssets2023-01-012023-12-31SC264055ns10:OrdinaryShareClass12023-01-012023-12-31SC264055ns5:PlantMachinery2023-12-31SC264055ns5:PlantMachinery2024-12-31SC264055ns5:PlantMachinery2023-12-31SC264055ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-31SC264055ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-31SC264055ns10:OrdinaryShareClass12024-12-31
REGISTERED NUMBER: SC264055 (Scotland)














Report of the Directors and

Financial Statements

for the Year Ended 31st December 2024

for

C & M Scientific Limited

C & M Scientific Limited (Registered number: SC264055)






Contents of the Financial Statements
for the year ended 31st December 2024




Page

Company Information 1

Report of the Directors 2

Report of the Independent Auditors 4

Statement of Comprehensive Income 8

Balance Sheet 9

Statement of Changes in Equity 10

Notes to the Financial Statements 11


C & M Scientific Limited

Company Information
for the year ended 31st December 2024







DIRECTORS: I. Alexander
N. A. Bewell
J. J. R. Chapman
I. A. Roulstone



REGISTERED OFFICE: 1 Brewster Square
Brucefield Industrial Estate
Livingston
West Lothian
EH54 9BJ



REGISTERED NUMBER: SC264055 (Scotland)



AUDITORS: Sadofskys
Statutory Auditors
Princes House
Wright Street
Hull
East Yorkshire
HU2 8HX



BANKERS: Royal Bank of Scotland
4 Almondvale South
Livingston
West Lothian
EH54 6NB

C & M Scientific Limited (Registered number: SC264055)

Report of the Directors
for the year ended 31st December 2024

The directors present their report with the financial statements of the company for the year ended 31st December 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of scientific consulting services.

DIRECTORS
The directors shown below have held office during the whole of the period from 1st January 2024 to the date of this report.

I. Alexander
N. A. Bewell
J. J. R. Chapman
I. A. Roulstone

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS
The auditors, Sadofskys, will be proposed for re-appointment at the forthcoming Annual General Meeting.


C & M Scientific Limited (Registered number: SC264055)

Report of the Directors
for the year ended 31st December 2024

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:




N. A. Bewell - Director


28th March 2025

Report of the Independent Auditors to the Members of
C & M Scientific Limited

Opinion
We have audited the financial statements of C & M Scientific Limited (the 'company') for the year ended 31st December 2024 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 31st December 2024 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Report of the Directors has been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of
C & M Scientific Limited


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit; or
- the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Directors.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Report of the Independent Auditors to the Members of
C & M Scientific Limited


Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

- the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

- we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of consultancy services.
- we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, taxation legislation, data protection, anti-bribery, employment, environmental and health and safety legislation.
- we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and
- identified laws and regulations were communicated within the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:
- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud;
- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations;

To address the risk of fraud through management bias and override of controls, we:
- performed analytical procedures to identify any unusual or unexpected relationships;
- tested journal entries to identify unusual transactions;
- assessed whether judgements and assumptions made in determining the accounting estimates set out in [note 2] were indicative of potential bias;
- investigated the rationale behind significant or unusual transactions;

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:
- agreeing financial statement disclosures to underlying supporting documentation;
- reading the minutes of meetings of those charged with governance;
- enquiring of management as to actual and potential litigation and claims;
- reviewing correspondence with HMRC, relevant regulators and the company's legal advisors.

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Report of the Independent Auditors to the Members of
C & M Scientific Limited


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Alan Brocklehurst (Senior Statutory Auditor)
for and on behalf of Sadofskys
Statutory Auditors
Princes House
Wright Street
Hull
East Yorkshire
HU2 8HX

28th March 2025

C & M Scientific Limited (Registered number: SC264055)

Statement of Comprehensive
Income
for the year ended 31st December 2024

2024 2023
Notes £    £   

TURNOVER 3,103,198 2,841,413

Cost of sales 1,713,784 1,644,063
GROSS PROFIT 1,389,414 1,197,350

Administrative expenses 896,116 623,316
493,298 574,034

Other operating income 224 -
OPERATING PROFIT 4 493,522 574,034

Interest receivable and similar income 7,881 4,703
501,403 578,737

Interest payable and similar expenses 11,775 2,744
PROFIT BEFORE TAXATION 489,628 575,993

Tax on profit 5 112,107 134,328
PROFIT FOR THE FINANCIAL YEAR 377,521 441,665

OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

377,521

441,665

C & M Scientific Limited (Registered number: SC264055)

Balance Sheet
31st December 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 7 325,464 186,834

CURRENT ASSETS
Stocks 18,088 9,294
Debtors 8 1,369,686 1,683,874
Cash at bank and in hand 1,240,135 777,847
2,627,909 2,471,015
CREDITORS
Amounts falling due within one year 9 792,494 580,835
NET CURRENT ASSETS 1,835,415 1,890,180
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,160,879

2,077,014

CREDITORS
Amounts falling due after more than one
year

10

(119,339

)

(85,102

)

PROVISIONS FOR LIABILITIES (68,727 ) (46,620 )
NET ASSETS 1,972,813 1,945,292

CAPITAL AND RESERVES
Called up share capital 12 10,000 10,000
Retained earnings 1,962,813 1,935,292
SHAREHOLDERS' FUNDS 1,972,813 1,945,292

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 28th March 2025 and were signed on its behalf by:





N. A. Bewell - Director


C & M Scientific Limited (Registered number: SC264055)

Statement of Changes in Equity
for the year ended 31st December 2024

Called up
share Retained Total
capital earnings equity
£    £    £   
Balance at 1st January 2023 10,000 1,493,627 1,503,627

Changes in equity
Total comprehensive income - 441,665 441,665
Balance at 31st December 2023 10,000 1,935,292 1,945,292

Changes in equity
Dividends - (350,000 ) (350,000 )
Total comprehensive income - 377,521 377,521
Balance at 31st December 2024 10,000 1,962,813 1,972,813

C & M Scientific Limited (Registered number: SC264055)

Notes to the Financial Statements
for the year ended 31st December 2024

1. STATUTORY INFORMATION

C & M Scientific Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

C & M Scientific Limited (Registered number: SC264055)

Notes to the Financial Statements - continued
for the year ended 31st December 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 17 ) .

4. OPERATING PROFIT

The operating profit is stated after charging/(crediting):

2024 2023
£    £   
Depreciation - owned assets 14,768 17,048
Depreciation - assets on hire purchase contracts 74,427 23,942
Profit on disposal of fixed assets (5,826 ) (19,180 )
Auditors' remuneration 3,250 3,000

5. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
2024 2023
£    £   
Current tax:
UK corporation tax 90,000 108,926

Deferred taxation 22,107 25,402
Tax on profit 112,107 134,328

6. DIVIDENDS
2024 2023
£    £   
Interim 350,000 -

C & M Scientific Limited (Registered number: SC264055)

Notes to the Financial Statements - continued
for the year ended 31st December 2024

7. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st January 2024 399,063
Additions 233,499
Disposals (13,295 )
At 31st December 2024 619,267
DEPRECIATION
At 1st January 2024 212,229
Charge for year 89,195
Eliminated on disposal (7,621 )
At 31st December 2024 293,803
NET BOOK VALUE
At 31st December 2024 325,464
At 31st December 2023 186,834

The net book value of tangible fixed assets includes £ 287,940 (2023 - £ 152,212 ) in respect of assets held under hire purchase contracts.

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 490,330 490,744
Amounts owed by group undertakings 826,065 1,176,065
Prepayments and accrued income 53,291 17,065
1,369,686 1,683,874

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 73,692 39,872
Trade creditors 134,398 79,286
Taxation 30,000 108,889
Social security and other taxes 134,944 95,528
Other creditors 2,898 -
Accruals and deferred income 416,562 257,260
792,494 580,835

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 119,339 85,102

C & M Scientific Limited (Registered number: SC264055)

Notes to the Financial Statements - continued
for the year ended 31st December 2024

11. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase 193,031 124,974

The hire purchase liability is secured over the assets in which it relates.

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10,000 Ordinary £1 10,000 10,000

13. ULTIMATE PARENT AND CONTROLLING PARTY

The ultimate controlling party is LBO France, a company registered in France (RCS Strasbourg Reg. No. 418354502). The immediate parent company is SCBS Holdings Limited, a company registered in England and Wales (Reg. No. SC714676).

The parent of the largest group for which consolidated financial statements are drawn up is Dutscher Holding. Copies of the consolidated accounts can be obtained from 2C, Rue De Bruxelles, 67170, Bernolsheim, France.

The parent of the smallest group for which consolidated financial statements are drawn up is Scientific Laboratory Supplies Group Limited, whose registered office address is Orchard House, The Square, Hessle, United Kingdom, HU13 0AE.

Dutscher Holding SAS (incorporated in France) is regarded by the directors as being the company's ultimate parent company (RCS Strasbourg Reg. No. 882634660).