CJM Tax Consultancy Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: NI666200

CJM Tax Consultancy Ltd

Filleted Unaudited Financial Statements

31 December 2025

CJM Tax Consultancy Ltd

Statement of Financial Position

31 December 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	36,517	1,887

Current assets

Stocks		36,821	37,586
Debtors	6	9,731	15,036
Cash at bank and in hand		35,070	33,639
		--------	--------
		81,622	86,261

Creditors: amounts falling due within one year	7	56,806	38,740
		--------	--------
Net current assets		24,816	47,521
		--------	--------
Total assets less current liabilities		61,333	49,408

Provisions

Taxation including deferred tax	707	472
	--------	--------
Net assets	60,626	48,936
	--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	60,526	48,836
	--------	--------
Shareholders funds	60,626	48,936
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 31 December 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 financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

CJM Tax Consultancy Ltd

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 24 July 2026 , and are signed on behalf of the board by:

Mr C McGee
Director

Company registration number: NI666200

CJM Tax Consultancy Ltd

Notes to the Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 73 Clarendon Street, Derry-Londonderry, Northern Ireland, BT48 7ER. The principal activity of the company during the year was tax consultancy services.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	20% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Freehold property	Equipment	Total
	£	£	£
Cost
At 1 January 2025	–	3,278	3,278
Additions	33,690	1,995	35,685
	--------	-------	--------
At 31 December 2025	33,690	5,273	38,963
	--------	-------	--------
Depreciation
At 1 January 2025	–	1,391	1,391
Charge for the year	–	1,055	1,055
	--------	-------	--------
At 31 December 2025	–	2,446	2,446
	--------	-------	--------
Carrying amount
At 31 December 2025	33,690	2,827	36,517
	--------	-------	--------
At 31 December 2024	–	1,887	1,887
	--------	-------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	8,250	12,086
Other debtors	1,481	2,950
	-------	--------
	9,731	15,036
	-------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	1,070	1,616
Social security and other taxes	18,719	19,509
Other creditors	31,660	–
Other creditors	5,357	17,615
	--------	--------
	56,806	38,740
	--------	--------

8. Director's advances, credits and guarantees

During the year the director withdrew from the company £10,600.The balance owed to the director at 31 December 2025 was £4,901. (2024: £15,501)