CM PRECISION COMPONENTS LTD

Company Registration Number:
NI062344 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

CM PRECISION COMPONENTS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Notes

CM PRECISION COMPONENTS LTD

Balance sheet

As at 31 May 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,207,130 1,244,358
Total fixed assets: 1,207,130 1,244,358
Current assets
Stocks: 68,570 87,482
Debtors:   738,689 846,737
Cash at bank and in hand: 14,034 17,739
Total current assets: 821,293 951,958
Creditors: amounts falling due within one year:   (849,450) (987,288)
Net current assets (liabilities): (28,157) (35,330)
Total assets less current liabilities: 1,178,973 1,209,028
Creditors: amounts falling due after more than one year:   (94,046) (174,991)
Total net assets (liabilities): 1,084,927 1,034,037
Capital and reserves
Called up share capital: 50,100 50,100
Profit and loss account: 1,034,827 983,937
Shareholders funds: 1,084,927 1,034,037

The notes form part of these financial statements

CM PRECISION COMPONENTS LTD

Balance sheet statements

For the year ending 31 May 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 May 2025
and signed on behalf of the board by:

Name: Kieran Cooper
Status: Director

The notes form part of these financial statements

CM PRECISION COMPONENTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CM PRECISION COMPONENTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

2. Employees

2024 2023
Average number of employees during the period 31 30

CM PRECISION COMPONENTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible Assets

Total
Cost £
At 01 June 2023 2,233,049
At 31 May 2024 2,233,049
Depreciation
At 01 June 2023 988,691
Charge for year 37,228
At 31 May 2024 1,025,919
Net book value
At 31 May 2024 1,207,130
At 31 May 2023 1,244,358

CM PRECISION COMPONENTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Related party transactions

Name of the related party: Focused Hub Ltd
Relationship:
Connected company
Description of the Transaction: The company made payments on behalf of Focused Hub Ltd.
£
Balance at 01 June 2023 63,493
Balance at 31 May 2024 176,619
Name of the related party: CM Precision Components (Irl) Limited
Relationship:
Connected company
Description of the Transaction: Money paid back to CM Precision Components (Irl) Limited
£
Balance at 01 June 2023 363,361
Balance at 31 May 2024 265,116