Company Registration No. SC425319 (Scotland)
CSM Safety Limited
Unaudited accounts
for the year ended 31 May 2026
CSM Safety Limited
Unaudited accounts
Contents
CSM Safety Limited
Company Information
for the year ended 31 May 2026
Directors
C MacRitchie
S MacRitchie
Company Number
SC425319 (Scotland)
Registered Office
Fairview, Bogroy
Tore
Muir of Ord
Ross-Shire
IV6 7RY
Accountants
CMM Accountancy (Inverness) Limited
The Green House
Beechwood Business Park North
Inverness
IV2 3BL
CSM Safety Limited
Statement of financial position
as at 31 May 2026
Cash at bank and in hand
17,322
59,436
Creditors: amounts falling due within one year
(15,412)
(73,068)
Net current assets
4,413
21,087
Total assets less current liabilities
4,413
24,290
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
4,313
23,581
Shareholders' funds
4,413
23,681
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2026 and were signed on its behalf by
C MacRitchie
Director
Company Registration No. SC425319
CSM Safety Limited
Notes to the Accounts
for the year ended 31 May 2026
CSM Safety Limited is a private company, limited by shares, registered in Scotland, registration number SC425319. The registered office is Fairview, Bogroy, Tore, Muir of Ord, Ross-Shire, IV6 7RY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% and 33% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
CSM Safety Limited
Notes to the Accounts
for the year ended 31 May 2026
4
Tangible fixed assets
Total
5
Operating lease commitments
2026
2025
At 31 May 2026 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
-
2,182
Later than one year and not later than five years
6,739
-
6
Average number of employees
During the year the average number of employees was 0 (2025: 0).