REGISTERED NUMBER: 06838929 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

CML SUSTAIN (COMMISSIONING MANAGEMENT)

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M L Stevens

N R Coppard

M H Street

SECRETARY:

S F Tatum

REGISTERED OFFICE:

The Stanley Building

7 Pancras Square

London

N1C 4AG

REGISTERED NUMBER:

06838929 (England and Wales)

ACCOUNTANTS:

Magma Audit LLP

16 Davy Court

Castle Mound Way

Rugby, CV23 0UZ

Magma Audit LLP is part

Of the Dains Group

FIXED ASSETS

Tangible assets

4

8,951

8,474

Investments

5

-

-

8,951

8,474

CURRENT ASSETS

Debtors

6

684,701

645,136

Cash at bank

448,060

406,552

1,132,761

1,051,688

CREDITORS

Amounts falling due within one year

7

(818,758

)

(712,823

)

NET CURRENT ASSETS

314,003

338,865

TOTAL ASSETS LESS CURRENT LIABILITIES

322,954

347,339

PROVISIONS FOR LIABILITIES

(2,238

)

(3,333

)

NET ASSETS

320,716

344,006

CAPITAL AND RESERVES

Called up share capital

110

110

Other reserves

10

10

Retained earnings

320,596

343,886

SHAREHOLDERS' FUNDS

320,716

344,006

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2025 and were signed on its behalf by:

M H Street - Director

1.	STATUTORY INFORMATION

CML Sustain (Commissioning Management) Limited is a private company limited by share capital, incorporated in England and Wales, registration number 06838929. The address of the registered office is The Stanley Building, 7 Pancras Square, London, England, N1C 4AG.

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.

The financial statements are presented in Sterling (£) and the figures are rounded to the nearest £1.

Related party exemption

The company has taken advantage of the exemption provided in FRS 102 Section 1A from disclosing transactions with members of the same group that are wholly owned.

Turnover

Turnover 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:

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.

Tangible fixed assets

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using either a straight line or reducing balance method, as indicated below.

Depreciation is provided on the following basis:

Motor vehicles

- 25% on reducing balance

Computer equipment

- 25% on reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Financial instruments

(i) Financial assets

Basic financial assets, including trade and other debtors, cash and bank balances are initially recognised 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.

Such assets are subsequently carried at amortised cost using the effective interest rate method.

(ii) Financial liabilities

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.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Taxation

The tax expense for the year comprises current and deferred tax.

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.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the Balance Sheet date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Both current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership with the lessor are charged against profits on a straight line basis over the period of the lease.

Fixed asset investments

Investments are recorded at cost less provision for diminution in value.

Cash and cash equivalents

Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

-

20,417

20,417

Additions

1,045

2,200

3,245

At 31 March 2025

1,045

22,617

23,662

DEPRECIATION

At 1 April 2024

-

11,943

11,943

Charge for year

-

2,768

2,768

At 31 March 2025

-

14,711

14,711

NET BOOK VALUE

At 31 March 2025

1,045

7,906

8,951

At 31 March 2024

-

8,474

8,474

5.	FIXED ASSET INVESTMENTS

Interest

in other

participating

interests

£

COST

At 1 April 2024

and 31 March 2025

55,283

PROVISIONS

At 1 April 2024

and 31 March 2025

55,283

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

The company holds the following interests in unlisted investments:

%

Big Screen Productions 13 LLP

0.7

Corporation tax relief claimed by the company in relation to these investments is currently under review by HMRC. A recent tax ruling has found partly in favour of HMRC, which is being challenged by the investment partner. Therefore, the liability has been recognised in these financial statements at the year end.

HMRC have been granted authority in the 2014 Finance Act to collect any tax under dispute, in relation to investments such as these, pending the outcome of the dispute. The tax amount under dispute is £62,641.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

216,297

272,216

Amounts owed by group undertakings

354,811

352,293

Other debtors

113,593

20,627

684,701

645,136

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

121,550

105,692

Taxation and social security

170,314

221,732

Other creditors

526,894

385,399

818,758

712,823

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

15,152

28,709

Between one and five years

-

15,152

15,152

43,861

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

S F Tatum

Balance outstanding at start of year

9,002

9,850

Amounts advanced

50,148

9,150

Amounts repaid

(9,150

)

(9,998

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

50,000

9,002

A W Davis

Balance outstanding at start of year

-

50,000

Amounts advanced

50,000

-

Amounts repaid

-

(50,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

50,000

-