Acorah Software Products - Accounts Production 16.3.350 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 12287435 Mr Iain Pike Ms Carol Donohoe iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12287435 2023-10-31 12287435 2024-10-31 12287435 2023-11-01 2024-10-31 12287435 frs-core:CurrentFinancialInstruments 2024-10-31 12287435 frs-core:Non-currentFinancialInstruments 2024-10-31 12287435 frs-core:ComputerEquipment 2024-10-31 12287435 frs-core:ComputerEquipment 2023-11-01 2024-10-31 12287435 frs-core:ComputerEquipment 2023-10-31 12287435 frs-core:FurnitureFittings 2024-10-31 12287435 frs-core:FurnitureFittings 2023-11-01 2024-10-31 12287435 frs-core:FurnitureFittings 2023-10-31 12287435 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-10-31 12287435 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 12287435 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-10-31 12287435 frs-core:ShareCapital 2024-10-31 12287435 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 12287435 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12287435 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 12287435 frs-bus:SmallEntities 2023-11-01 2024-10-31 12287435 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 12287435 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 12287435 frs-bus:Director1 2023-11-01 2024-10-31 12287435 frs-bus:Director2 2023-11-01 2024-10-31 12287435 frs-countries:EnglandWales 2023-11-01 2024-10-31 12287435 2022-10-31 12287435 2023-10-31 12287435 2022-11-01 2023-10-31 12287435 frs-core:CurrentFinancialInstruments 2023-10-31 12287435 frs-core:Non-currentFinancialInstruments 2023-10-31 12287435 frs-core:ShareCapital 2023-10-31 12287435 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 12287435
CIMMT Limited
Financial Statements
For The Year Ended 31 October 2024
THB LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 12287435
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 683,040 683,652
Investment Properties 5 22,156 22,156
705,196 705,808
CURRENT ASSETS
Cash at bank and in hand 2,532 86
2,532 86
Creditors: Amounts Falling Due Within One Year 6 (167,955 ) (183,829 )
NET CURRENT ASSETS (LIABILITIES) (165,423 ) (183,743 )
TOTAL ASSETS LESS CURRENT LIABILITIES 539,773 522,065
Creditors: Amounts Falling Due After More Than One Year 7 (485,885 ) (488,385 )
NET ASSETS 53,888 33,680
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 53,886 33,678
SHAREHOLDERS' FUNDS 53,888 33,680
Page 1
Page 2
For the year ending 31 October 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Iain Pike
Director
10/06/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
CIMMT Limited is a private company, limited by shares, incorporated in England & Wales, registered number 12287435 . The registered office is 39 Foxbourne Road, London, England, SW17 8EN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold No provided
Fixtures & Fittings 25% on reducing balance
Computer Equipment 25% on reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Fixtures & Fittings Computer Equipment Total
£ £ £ £
Cost
As at 1 November 2023 681,200 3,836 3,535 688,571
As at 31 October 2024 681,200 3,836 3,535 688,571
Depreciation
As at 1 November 2023 - 2,573 2,346 4,919
Provided during the period - 316 296 612
As at 31 October 2024 - 2,889 2,642 5,531
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 October 2024 681,200 947 893 683,040
As at 1 November 2023 681,200 1,263 1,189 683,652
5. Investment Property
2024
£
Fair Value
As at 1 November 2023 and 31 October 2024 22,156
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 163,072 181,701
Taxation and social security 4,883 2,128
167,955 183,829
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Other creditors 485,885 488,385
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Related Party Transactions
At the end of the year the company owed an amount of £153,319 (2023 : £172,625) to Director
Page 4