Registration number: 02369593

CPM (Contracts) Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 9

CPM (Contracts) Limited

Balance Sheet

as at 31 January 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	138,399	101,959
Current assets
Debtors	6	419,134	265,005
Cash at bank and in hand		248,694	488,771
		667,828	753,776
Creditors: Amounts falling due within one year	7	(412,261)	(433,323)
Net current assets		255,567	320,453
Total assets less current liabilities		393,966	422,412
Creditors: Amounts falling due after more than one year	7	(66,896)	(46,497)
Provisions for liabilities		(25,419)	(20,980)
Net assets		301,651	354,935
Capital and reserves
Allotted, called up and fully paid share capital		6	6
Share premium reserve		20,134	20,134
Capital redemption reserve		3	3
Profit and loss account		281,508	334,792
Shareholders' funds		301,651	354,935

Registration number: 02369593

CPM (Contracts) Limited

Balance Sheet

as at 31 January 2025 (continued)

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 14 October 2025 and signed on its behalf by:
 

......................................... Mr P Selina Director

CPM (Contracts) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 January 2025

1	General information

The company is a private company limited by shares incorporated in England within the United Kingdom.

The company's registration number is 02369593.

The address of its registered office is:
Kyte Business Centre
Great North Road
Pontefract
West Yorkshire
WF8 3HR

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

CPM (Contracts) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 January 2025 (continued)

2	Accounting policies (continued)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
the stage of completion of the tansaction can be measured reliably;
the costs incurred and costs to complete can be measured reliably.

Where all conditions are satisfied, revenue is recognised using actual costa and expected profit margins on projects that are in progress at the period end.

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

CPM (Contracts) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 January 2025 (continued)

2	Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% per annum on a straight line basis
Fixtures, fittings and equipment	20% per annum on a straight line basis
Motor vehicles	25% per annum on a straight line basis

Intangible assets

Intangible assets which includes software costs are stated in the statement of financial position at cost, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

The cost of intangible assets include directly attributable incremantal costs incurred in their acquisition, development and installation.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Software	25% per annum on a straight line basis

Borrowings

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Leases

Hire purchase agreements are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are capitalised and depreciated over their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

CPM (Contracts) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 January 2025 (continued)

2	Accounting policies (continued)

Defined contribution pension obligation

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions are charged to the profit and loss account.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 15 (2024 - 19).

CPM (Contracts) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 January 2025 (continued)

4	Intangible assets

	Software  £	Total £
Cost or valuation
At 1 February 2024	21,000	21,000
At 31 January 2025	21,000	21,000
Amortisation
At 1 February 2024	21,000	21,000
At 31 January 2025	21,000	21,000
Net book value:
At 31 January 2025	-	-

5	Tangible assets

	Fixtures, fittings and equipment  £	Motor vehicles  £	Plant and machinery  £	Total £
Cost
At 1 February 2024	40,948	175,139	8,859	224,946
Additions	3,172	81,667	6,952	91,791
Disposals	-	(19,189)	-	(19,189)
At 31 January 2025	44,120	237,617	15,811	297,548
Depreciation
At 1 February 2024	32,815	83,819	6,353	122,987
Charge for the year	2,460	34,056	846	37,362
Eliminated on disposal	-	(1,200)	-	(1,200)
At 31 January 2025	35,275	116,675	7,199	159,149
Net book value
At 31 January 2025	8,845	120,942	8,612	138,399
At 31 January 2024	8,133	91,320	2,506	101,959

CPM (Contracts) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 January 2025 (continued)

6

Debtors

Current	2025 £	2024 £
Trade debtors	404	92,946
Prepayments	144,588	50,217
Other debtors	274,142	121,842
	419,134	265,005

7

Creditors

	2025 £	2024 £
Due within one year
Bank borrowings	10,420	10,162
Trade creditors	128,636	142,886
HP and finance lease liabilities	11,948	11,585
Taxation and social security	29,937	27,145
Corporation tax liability	21,345	82,002
Accruals and deferred income	124,867	147,117
Other creditors	17,481	9,143
Directors loan accounts	67,627	3,283
	412,261	433,323

Due after one year
Bank borrowings		3,473	13,949
HP and finance lease liabilities		63,423	32,548
		66,896	46,497

8	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £Nil (2024 - £3,000).

CPM (Contracts) Limited

Notes to the Unaudited Financial Statements

for the Year Ended 31 January 2025 (continued)

9	Related party transactions

Transactions with directors

2025	At 1 February 2024 £	Advances to directors £	Repayments by director £	At 31 January 2025 £
Directors	366		(366)	-

2024	At 1 February 2023 £	Advances to directors £	Repayments by director £	At 31 January 2024 £
Directors	35,324		(34,958)	366