IRIS Accounts Production v25.1.3.33 07702925 Board of Directors 1.8.23 31.7.24 31.7.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh077029252023-07-31077029252024-07-31077029252023-08-012024-07-31077029252022-07-31077029252022-08-012023-07-31077029252023-07-3107702925ns15:EnglandWales2023-08-012024-07-3107702925ns14:PoundSterling2023-08-012024-07-3107702925ns10:Director12023-08-012024-07-3107702925ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3107702925ns10:SmallEntities2023-08-012024-07-3107702925ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3107702925ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3107702925ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3107702925ns10:FullAccounts2023-08-012024-07-310770292512023-08-012024-07-3107702925ns10:Director22023-08-012024-07-3107702925ns10:RegisteredOffice2023-08-012024-07-3107702925ns5:CurrentFinancialInstruments2024-07-3107702925ns5:CurrentFinancialInstruments2023-07-3107702925ns5:Non-currentFinancialInstruments2024-07-3107702925ns5:Non-currentFinancialInstruments2023-07-3107702925ns5:ShareCapital2024-07-3107702925ns5:ShareCapital2023-07-3107702925ns5:RetainedEarningsAccumulatedLosses2024-07-3107702925ns5:RetainedEarningsAccumulatedLosses2023-07-3107702925ns5:NetGoodwill2023-08-012024-07-3107702925ns5:IntangibleAssetsOtherThanGoodwill2023-08-012024-07-3107702925ns5:LandBuildings2023-08-012024-07-3107702925ns5:PlantMachinery2023-08-012024-07-3107702925ns5:NetGoodwill2023-07-3107702925ns5:NetGoodwill2024-07-3107702925ns5:NetGoodwill2023-07-3107702925ns5:LandBuildings2023-07-3107702925ns5:PlantMachinery2023-07-3107702925ns5:LandBuildings2024-07-3107702925ns5:PlantMachinery2024-07-3107702925ns5:LandBuildings2023-07-3107702925ns5:PlantMachinery2023-07-3107702925ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-07-3107702925ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-08-012024-07-3107702925ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-07-3107702925ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-07-3107702925ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3107702925ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3107702925ns5:Secured2024-07-3107702925ns5:Secured2023-07-31077029251ns10:Director12023-07-31077029251ns10:Director12022-07-31077029251ns10:Director12023-08-012024-07-31077029251ns10:Director12022-08-012023-07-31077029251ns10:Director12024-07-31077029251ns10:Director12023-07-31
REGISTERED NUMBER: 07702925 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 July 2024

for

CM Mechanical Services Ltd.

CM Mechanical Services Ltd. (Registered number: 07702925)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CM Mechanical Services Ltd.

Company Information
for the Year Ended 31 July 2024







DIRECTORS: C L Makepeace
Mrs J Makepeace





REGISTERED OFFICE: Unit B1
Blyth Road
Harworth Park, Harworth
Doncaster
South Yorkshire
DN11 8DB





REGISTERED NUMBER: 07702925 (England and Wales)

CM Mechanical Services Ltd. (Registered number: 07702925)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,549,711 1,466,387
1,549,711 1,466,387

CURRENT ASSETS
Stocks 65,000 50,000
Debtors 6 1,026,773 781,068
Cash at bank and in hand 97,968 85,486
1,189,741 916,554
CREDITORS
Amounts falling due within one year 7 1,327,529 1,184,420
NET CURRENT LIABILITIES (137,788 ) (267,866 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,411,923

1,198,521

CREDITORS
Amounts falling due after more than one
year

8

(691,319

)

(678,713

)

PROVISIONS FOR LIABILITIES (316,521 ) (226,469 )
NET ASSETS 404,083 293,339

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 404,073 293,329
SHAREHOLDERS' FUNDS 404,083 293,339

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CM Mechanical Services Ltd. (Registered number: 07702925)

Balance Sheet - continued
31 July 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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





C L Makepeace - Director


CM Mechanical Services Ltd. (Registered number: 07702925)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

CM Mechanical Services Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

The goodwill has been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.
Land and buildings - 20% on cost
Plant and machinery etc - 33.3% 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.

CM Mechanical Services Ltd. (Registered number: 07702925)

Notes to the Financial Statements - continued
for the Year Ended 31 July 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 makes employer contributions to employee pension policies.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2023
and 31 July 2024 10,000
AMORTISATION
At 1 August 2023
and 31 July 2024 10,000
NET BOOK VALUE
At 31 July 2024 -
At 31 July 2023 -

CM Mechanical Services Ltd. (Registered number: 07702925)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2023 1,200 2,150,720 2,151,920
Additions - 618,374 618,374
Disposals - (129,643 ) (129,643 )
At 31 July 2024 1,200 2,639,451 2,640,651
DEPRECIATION
At 1 August 2023 1,200 684,333 685,533
Charge for year - 445,394 445,394
Eliminated on disposal - (39,987 ) (39,987 )
At 31 July 2024 1,200 1,089,740 1,090,940
NET BOOK VALUE
At 31 July 2024 - 1,549,711 1,549,711
At 31 July 2023 - 1,466,387 1,466,387

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 August 2023 1,397,246
Additions 536,500
Disposals (128,143 )
At 31 July 2024 1,805,603
DEPRECIATION
At 1 August 2023 298,915
Charge for year 333,980
Eliminated on disposal (38,883 )
At 31 July 2024 594,012
NET BOOK VALUE
At 31 July 2024 1,211,591
At 31 July 2023 1,098,331

CM Mechanical Services Ltd. (Registered number: 07702925)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 976,505 749,593
Other debtors 50,268 31,475
1,026,773 781,068

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts and finance leases 371,983 261,329
Trade creditors 279,084 229,548
Taxation and social security 133,784 143,629
Other creditors 532,678 539,914
1,327,529 1,184,420

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 8,333 18,333
Hire purchase contracts and finance leases 682,986 660,380
691,319 678,713

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts and finance leases 1,054,969 921,709
Factoring facility 498,456 481,156
1,553,425 1,402,865

Lloyds Bank Commercial Finance LTD

Contains fixed charge.
Contains floating charge.
Floating charge covers all the property or undertaking of the company.
Contains negative pledge.

CM Mechanical Services Ltd. (Registered number: 07702925)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
C L Makepeace
Balance outstanding at start of year - -
Amounts advanced 44,555 38,872
Amounts repaid (44,555 ) (38,872 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The company loaned monies to the directors @ 2.25% interest per annum. This loan was repaid in full during the year.

11. ULTIMATE CONTROLLING PARTY

The controlling party is C L Makepeace.