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Registration number: 10854729

CSMI Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 July 2025

 

CSMI Limited

Contents


 

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

CSMI Limited

Registration number: 10854729

Balance Sheet as at 31 July 2025

Note

2025
£

2024
£

Fixed assets

 

Tangible assets

4

62,224

62,096

Other financial assets

5

331,015

331,015

 

393,239

393,111

Current assets

 

Debtors

6

174,760

171,869

Cash at bank and in hand

 

435,473

243,981

 

610,233

415,850

Creditors: Amounts falling due within one year

7

(10,131)

(10,418)

Net current assets

 

600,102

405,432

Net assets

 

993,341

798,543

Capital and reserves

 

Called up share capital

8

2

2

Retained earnings

993,339

798,541

Shareholders' funds

 

993,341

798,543



The director's statements required by sections 475 (2) and (3) are shown on the following page which forms part of this Balance Sheet.

 

CSMI Limited

Registration number: 10854729

Balance Sheet as at 31 July 2025 (continued)

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

Director's 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 director acknowledges his 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. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 April 2026
 

C D McClurg
Director

   
     

 

CSMI Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Main Barn
Elm Farm Business Park, Norwich Common
Wymondham
Norfolk
NR18 0SW
United Kingdom

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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

CSMI Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

2

Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet 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.

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:

- Freehold land is not depreciated

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

 

CSMI Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 August 2024

62,096

62,096

Additions

128

128

At 31 July 2025

62,224

62,224

Depreciation

Carrying amount

At 31 July 2025

62,224

62,224

At 31 July 2024

62,096

62,096

Included within the net book value of land and buildings above is £62,224 (2024 - £62,096) in respect of freehold land and buildings.
 

 

CSMI Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

5

Other financial assets (current and non-current)

Financial assets at cost less impairment
£

Total
£

Non-current financial assets

Cost or valuation

At 1 August 2024

331,015

331,015

At 31 July 2025

331,015

331,015

Impairment

Carrying amount

At 31 July 2025

331,015

331,015

6

Debtors

Current

2025
£

2024
£

Other debtors

174,760

171,869

 

174,760

171,869

The amounts owed to the company at the year-end in respect of the directors' loans was £131,392 (2024 - £128,500) and is included in other debtors. It is company policy to charge interest on all overdrawn loan accounts at HM Revenue & Customs official rate of interest.

 

CSMI Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

7

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Taxation and social security

 

529

943

Other creditors

 

9,602

9,475

 

10,131

10,418


Included in other creditors is £9,102 (2024 £8,975) which is due to a company which the director has significant influence over.

8

Share capital

Allotted, called up and fully paid shares

2025

2024

No.

£

No.

£

Ordinary of £1 each

2

2

2

2