CM Plant Sales Ltd - Filleted accounts

Registered number

NI602653

CM Plant Sales Ltd

Filleted Accounts

31 December 2025

CM Plant Sales Ltd
Registered number:		NI602653
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		65,003			228,023

Current assets
Stocks		380,994			365,967
Debtors	4	232,912			240,551
Cash at bank and in hand		1,491,439			1,121,171
		2,105,345			1,727,689

Creditors: amounts falling due within one year	5	(959,766)			(840,338)

Net current assets			1,145,579			887,351

Total assets less current liabilities			1,210,582			1,115,374

Creditors: amounts falling due after more than one year	6		(1,983)			(7,133)



Net assets			1,208,599			1,108,241

Capital and reserves
Called up share capital			1			1
Profit and loss account			1,208,598			1,108,240

Shareholders' funds			1,208,599			1,108,241

The directors are 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 directors acknowledge their 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.




Colm Mc Geary
Director
Approved by the board on 11 March 2026

CM Plant Sales Ltd
Notes to the Accounts
for the year ended 31 December 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:

	Plant and machinery			25% reducing balance
	Motor vehicles			25% reducing balance

	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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					3		3


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	126,185		137,262		178,161		441,608
	Disposals	(119,585)		-		-		(119,585)
	At 31 December 2025	6,600		137,262		178,161		322,023

	Depreciation
	At 1 January 2025	-		99,358		114,227		213,585
	Charge for the year	-		27,452		15,983		43,435
	At 31 December 2025	-		126,810		130,210		257,020

	Net book value
	At 31 December 2025	6,600		10,452		47,951		65,003
	At 31 December 2024	126,185		37,904		63,934		228,023


4	Debtors					2025		2024
£							£

	Trade debtors					198,514		240,551
	Other debtors					34,398		-
						232,912		240,551


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

	Obligations under finance lease and hire purchase contracts					6,600		6,600
	Trade creditors					793,427		720,066
	Accruals					78,379		70,639
	Corporation tax					64,378		26,572
	Other taxes and social security costs					16,982		13,359
	Other creditors					-		3,102
						959,766		840,338


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Obligations under finance lease and hire purchase contracts					1,983		7,133


7	Other information

	CM Plant Sales Ltd is a private company limited by shares and incorporated in Northern Ireland