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REGISTERED NUMBER: 05312691 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

C.M.A.C. (UK) Limited

C.M.A.C. (UK) Limited (Registered number: 05312691)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C.M.A.C. (UK) Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: C J Curry





SECRETARY: Mrs M Curry





REGISTERED OFFICE: Bridge House
Station Road
Brough
East Yorkshire
HU15 1EA





REGISTERED NUMBER: 05312691 (England and Wales)

C.M.A.C. (UK) Limited (Registered number: 05312691)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,844 2,766
Tangible assets 5 83,536 92,195
85,380 94,961

CURRENT ASSETS
Stocks 4,982 4,782
Debtors 6 49,455 37,931
Cash at bank and in hand 13,140 15,531
67,577 58,244
CREDITORS
Amounts falling due within one year 7 108,127 94,766
NET CURRENT LIABILITIES (40,550 ) (36,522 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,830

58,439

CREDITORS
Amounts falling due after more than one
year

8

(33,925

)

(40,466

)

PROVISIONS FOR LIABILITIES (10,554 ) (11,580 )
NET ASSETS 351 6,393

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 251 6,293
351 6,393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

C.M.A.C. (UK) Limited (Registered number: 05312691)

Balance Sheet - continued
31 January 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 October 2023 and were signed by:





C J Curry - Director


C.M.A.C. (UK) Limited (Registered number: 05312691)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

C.M.A.C. (UK) Limited 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 3.33% on cost

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 20% on reducing balance

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Stocks
Stocks are valued at the lower of costs and net realisable value, after making due allowance for obsolete and slow moving items. Overheads are charged to profit and loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which its related revenue is recognised. The amount of any write-down of stocks to net realisable value and losses of stocks are recognised as an expenses in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.


C.M.A.C. (UK) Limited (Registered number: 05312691)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2022
and 31 January 2023 27,660
AMORTISATION
At 1 February 2022 24,894
Amortisation for year 922
At 31 January 2023 25,816
NET BOOK VALUE
At 31 January 2023 1,844
At 31 January 2022 2,766

C.M.A.C. (UK) Limited (Registered number: 05312691)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 February 2022 35,230 84,701 9,091
Additions 82 3,174 3,499
At 31 January 2023 35,312 87,875 12,590
DEPRECIATION
At 1 February 2022 1,407 38,033 4,840
Charge for year 3,389 9,512 1,063
At 31 January 2023 4,796 47,545 5,903
NET BOOK VALUE
At 31 January 2023 30,516 40,330 6,687
At 31 January 2022 33,823 46,668 4,251

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2022 26,922 10,574 166,518
Additions - 345 7,100
At 31 January 2023 26,922 10,919 173,618
DEPRECIATION
At 1 February 2022 20,827 9,216 74,323
Charge for year 1,524 271 15,759
At 31 January 2023 22,351 9,487 90,082
NET BOOK VALUE
At 31 January 2023 4,571 1,432 83,536
At 31 January 2022 6,095 1,358 92,195

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 28,420 23,963
Director's current accounts 7,243 -
Tax 10,410 10,410
Prepayments 3,382 3,558
49,455 37,931

C.M.A.C. (UK) Limited (Registered number: 05312691)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 16,972 24,143
Trade creditors 47,112 38,669
Corporation tax 7,290 3,094
Social security and other taxes 1,486 902
VAT 9,800 7,099
Other creditors 22,492 17,578
Director's current accounts - 481
Accrued expenses 2,975 2,800
108,127 94,766

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans - 1-2 years 33,925 40,466

9. SECURED DEBTS

The following secured debts are included within creditors:

31.1.23 31.1.22
£    £   
Bank loans 44,094 50,635

The bank loan is secured by way of fixed and floating charge over the company's assets.

10. RELATED PARTY DISCLOSURES

In the year rent was paid to the director totalling £12,000 (2022 - £12,000).

11. ULTIMATE CONTROLLING PARTY

The company is controlled by the director, Mr C Curry.