C.I.S.M. Limited - Filleted accounts

Registered number

04292119

C.I.S.M. Limited

Filleted Accounts

31 March 2025

C.I.S.M. Limited
Registered number:		04292119
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		56,413			128,868

Current assets
Debtors	4	869,780			81,828
Cash at bank and in hand		769,056			1,391,586
		1,638,836			1,473,414

Creditors: amounts falling due within one year	5	(208,779)			(88,952)

Net current assets			1,430,057			1,384,462

Total assets less current liabilities			1,486,470			1,513,330


Provisions for liabilities			(10,718)			(24,485)


Net assets			1,475,752			1,488,845

Capital and reserves
Called up share capital			51			51
Profit and loss account			1,475,701			1,488,794

Shareholders' funds			1,475,752			1,488,845

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




C A Butler
Director
Approved by the board on 23 December 2025

C.I.S.M. Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles			over 4 years
	Plant and machinery			over 4 years
	Fixtures, fittings, tools and equipment			over 4 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					3		3


3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 1 April 2024			403,544		283,635		687,179
	Additions			11,479		-		11,479
	At 31 March 2025			415,023		283,635		698,658

	Depreciation
	At 1 April 2024			357,477		200,834		558,311
	Charge for the year			31,250		52,684		83,934
	At 31 March 2025			388,727		253,518		642,245

	Net book value
	At 31 March 2025			26,296		30,117		56,413
	At 31 March 2024			46,067		82,801		128,868


4	Debtors					2025		2024
£							£

	Trade debtors					318,120		59,828
	Other debtors					551,660		22,000
						869,780		81,828


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Taxation and social security costs					182,869		86,136
	Other creditors					25,910		2,816
						208,779		88,952


6	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					30,000		60,000


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	C A Butler
	Director's loan (interest charged at 2.25%)	5,642		414,505		(5,642)		414,505

		5,642		414,505		(5,642)		414,505


8	Other information

	C.I.S.M. Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 50
	Plume Street
	Birmingham
	B6 7RT