Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-312025-05-23Other engineering activities2false2024-01-012truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12376142 2024-01-01 2025-03-31 12376142 2023-01-01 2023-12-31 12376142 2025-03-31 12376142 2023-12-31 12376142 c:Director2 2024-01-01 2025-03-31 12376142 d:CurrentFinancialInstruments 2025-03-31 12376142 d:CurrentFinancialInstruments 2023-12-31 12376142 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 12376142 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 12376142 d:ShareCapital 2025-03-31 12376142 d:ShareCapital 2023-12-31 12376142 d:RetainedEarningsAccumulatedLosses 2025-03-31 12376142 d:RetainedEarningsAccumulatedLosses 2023-12-31 12376142 c:FRS102 2024-01-01 2025-03-31 12376142 c:AuditExempt-NoAccountantsReport 2024-01-01 2025-03-31 12376142 c:FullAccounts 2024-01-01 2025-03-31 12376142 c:PrivateLimitedCompanyLtd 2024-01-01 2025-03-31 12376142 e:PoundSterling 2024-01-01 2025-03-31 iso4217:GBP xbrli:pure

Registered number: 12376142










CMKG ENGINEERING LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2025

 
CMKG ENGINEERING LTD
REGISTERED NUMBER: 12376142

BALANCE SHEET
AS AT 31 MARCH 2025

31 March
31 December
2025
2023
Note
£
£

  

Current assets
  

Stocks
  
-
53,000

Debtors: amounts falling due within one year
 4 
28,787
41,857

Cash at bank and in hand
 5 
45
4,098

  
28,832
98,955

Creditors: amounts falling due within one year
 6 
(1,600)
(26,964)

Net current assets
  
 
 
27,232
 
 
71,991

Total assets less current liabilities
  
27,232
71,991

  

Net assets
  
27,232
71,991


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
27,230
71,989

  
27,232
71,991


Page 1

 
CMKG ENGINEERING LTD
REGISTERED NUMBER: 12376142
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Michael William Garland
Director

Date: 23 May 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
CMKG ENGINEERING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

1.


General information

CMKG Engineering Limited is a private company, limited by shares, registered in England and Wales.
The company's registered office address is as below:
Registered office: 
Unit 28 Tafarnaubach Industrial Estate
Tafarnaubach
Tredegar
NP22 3AA

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
CMKG ENGINEERING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

  
2.8

Financial instruments

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.
Basic financial liabilities, including trade and other creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Page 4

 
CMKG ENGINEERING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

  
2.9

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make
judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are
not readily apparent from other sources. The estimates and associated assumptions are based on
historical experience and other factors which are considered to be relevant. Actual results may differ
from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision only effects that period, or in the period of the revision and future periods if the revision affects both current and future periods.
The following are the critical judgements that the directors have made in the process of applying the company's accounting policies and that have the most significant effect on the amounts recognised in the financial statements.
Impairment of assets
Assets are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the income statement.
Provisions and contingencies
Provisions are recognised when the company has a present obligation as a result of a past event and a reliable estimate can be made of a probable adverse outcome. Otherwise, material contingent liabilities are disclosed unless a transfer of economic benefits is considered remote. Contingent assets are only disclosed if an inflow of economic benefits is probable.


3.


Employees

The average monthly number of employees, including directors, during the period was 2 (2023 - 2).


4.


Debtors

31 March
31 December
2025
2023
£
£


Trade debtors
7,222
19,077

Amounts owed by group undertakings
10,000
22,780

Other debtors
11,565
-

28,787
41,857


Page 5

 
CMKG ENGINEERING LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025

5.


Cash and cash equivalents

31 March
31 December
2025
2023
£
£

Cash at bank and in hand
45
4,098

45
4,098



6.


Creditors: Amounts falling due within one year

31 March
31 December
2025
2023
£
£

Trade creditors
-
2,054

Amounts owed to group undertakings
-
10,000

Other taxation and social security
-
13,310

Accruals and deferred income
1,600
1,600

1,600
26,964


 
Page 6