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REGISTERED NUMBER: 13897145 (England and Wales)















CMH Property Solutions Ltd

Unaudited Financial Statements

for the Period 7 February 2022 to 28 February 2023






CMH Property Solutions Ltd (Registered number: 13897145)






Contents of the Financial Statements
for the Period 7 February 2022 to 28 February 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CMH Property Solutions Ltd

Company Information
for the Period 7 February 2022 to 28 February 2023







Directors: M A M Haddow
Mrs M P Haddow
C M Haddow





Registered office: 37 Holmesdale Road
Brundall
Norwich
Norfolk
NR13 5LX





Registered number: 13897145 (England and Wales)





Accountants: Fairhead Bradford
5 Queen Street
Great Yarmouth
Norfolk
NR30 2QP

CMH Property Solutions Ltd (Registered number: 13897145)

Statement of Financial Position
28 February 2023

Notes £    £   
Fixed assets
Tangible assets 4 1,300
Investment property 5 195,000
196,300

Current assets
Debtors 6 4,543
Cash at bank 1,367
5,910
Creditors
Amounts falling due within one year 7 63,894
Net current liabilities (57,984 )
Total assets less current liabilities 138,316

Creditors
Amounts falling due after more than one
year

8

(136,553

)

Provisions for liabilities 11 (1,534 )
Net assets 229

Capital and reserves
Called up share capital 12 105
Revaluation reserve 13 5,488
Retained earnings 13 (5,364 )
Shareholders' funds 229

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CMH Property Solutions Ltd (Registered number: 13897145)

Statement of Financial Position - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2023 and were signed on its behalf by:





M A M Haddow - Director


CMH Property Solutions Ltd (Registered number: 13897145)

Notes to the Financial Statements
for the Period 7 February 2022 to 28 February 2023

1. Statutory information

CMH Property Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property is held for its investment potential and is not depreciated.


Fixtures & Fittings 25 % reducing balance basis


If there is an indication that there has been a significant change in depreciation rate, useful life, or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


CMH Property Solutions Ltd (Registered number: 13897145)

Notes to the Financial Statements - continued
for the Period 7 February 2022 to 28 February 2023

2. Accounting policies - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

3. Employees and directors

The average number of employees during the period was 3 .

4. Tangible fixed assets
Fixtures
and
fittings
£   
Cost
Additions 1,681
At 28 February 2023 1,681
Depreciation
Charge for period 381
At 28 February 2023 381
Net book value
At 28 February 2023 1,300

5. Investment property
Total
£   
Fair value
Additions 188,225
Revaluations 6,775
At 28 February 2023 195,000
Net book value
At 28 February 2023 195,000

Fair value at 28 February 2023 is represented by:
£   
Valuation in 23 6,775
Cost 188,225
195,000

CMH Property Solutions Ltd (Registered number: 13897145)

Notes to the Financial Statements - continued
for the Period 7 February 2022 to 28 February 2023

5. Investment property - continued

If Investment Property had not been revalued it would have been included at the following historical cost:

£   
Cost 188,225

Investment Property was valued on an open market basis basis on 28 February 2023 by the directors .

6. Debtors
£   
Amounts falling due within one year:
Trade debtors 2,739
Prepayments 335
3,074

Amounts falling due after more than one year:
Tax 1,469

Aggregate amounts 4,543

7. Creditors: amounts falling due within one year
£   
Other creditors 2,054
Directors' current accounts 61,840
63,894

8. Creditors: amounts falling due after more than one year
£   
Bank loans (see note 9) 136,553

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Mortgage 136,553

9. Loans

An analysis of the maturity of loans is given below:

£   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Mortgage 136,553

CMH Property Solutions Ltd (Registered number: 13897145)

Notes to the Financial Statements - continued
for the Period 7 February 2022 to 28 February 2023

10. Secured debts

The following secured debts are included within creditors:

£   
Mortgage 136,553

The obligation under the mortgage is secured by a fixed charge over the asset concerned.

11. Provisions for liabilities
£   
Deferred tax 1,534

Deferred
tax
£   
Charge to Income Statement during period 1,534
Balance at 28 February 2023 1,534

12. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary Shares £1 100
5 Ordinary A to E shares £1 5
105

The following shares were allotted and fully paid for cash at par during the period.
100 Ordinary shares of £1 each
5 Ordinary A to E shares of £1 each

13. Reserves
Retained Revaluation
earnings reserve Totals
£    £    £   

Profit for the period 124 124
Transfer revaluation reserve (5,488 ) 5,488 -
At 28 February 2023 (5,364 ) 5,488 124

14. Related party disclosures

During the period director Mr M A M Haddow made advances to the company, which were interest free and unsecured. At the period end the company owed Mr M A M Haddow £61,840

15. Ultimate controlling party

The controlling party is M A M Haddow.