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REGISTERED NUMBER: 04149186 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

CWM 2001 LIMITED

CWM 2001 LIMITED (REGISTERED NUMBER: 04149186)






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


CWM 2001 LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTORS: Mr S M Jones
Mr R C Jones
Lady J A Jones





SECRETARY: Lady J A Jones





REGISTERED OFFICE: Suite 1
Aireside House
Royd Ings Avenue
Keighley
West Yorkshire
BD21 4BZ





REGISTERED NUMBER: 04149186 (England and Wales)





ACCOUNTANTS: Brosnans
Chartered Accountants
Suite 1, Aireside House
Royd Ings Avenue
Keighley
West Yorkshire
BD21 4BZ

CWM 2001 LIMITED (REGISTERED NUMBER: 04149186)

BALANCE SHEET
31 JANUARY 2023

2023 2022
Notes £ £
FIXED ASSETS
Tangible assets 4 - -
Investments 5 80,440 80,440
80,440 80,440

CURRENT ASSETS
Debtors 6 763,207 792,891
Cash at bank 109,939 148,862
873,146 941,753
CREDITORS
Amounts falling due within one year 7 (30,090 ) (16,880 )
NET CURRENT ASSETS 843,056 924,873
TOTAL ASSETS LESS CURRENT
LIABILITIES

923,496

1,005,313

CREDITORS
Amounts falling due after more than
one year

8

(24,946

)

(34,837

)
NET ASSETS 898,550 970,476

CWM 2001 LIMITED (REGISTERED NUMBER: 04149186)

BALANCE SHEET - continued
31 JANUARY 2023

2023 2022
Notes £ £
CAPITAL AND RESERVES
Called up share capital 9 40 40
Capital redemption reserve 60 60
Retained earnings 898,450 970,376
SHAREHOLDERS' FUNDS 898,550 970,476

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 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.

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 17 October 2023 and were signed on its behalf by:





Mr S M Jones - Director


CWM 2001 LIMITED (REGISTERED NUMBER: 04149186)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1. STATUTORY INFORMATION

CWM 2001 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 (£).


The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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 represents returns receivable on the company's financing of property developments.

Interest income is recognised when it is probable that the economic benefits will flow to the company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding and the effective interest rate applicable.

TANGIBLE FIXED ASSETS
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Office equipment etc 50% and 33.33% Straight line basis
Computer equipment 50% and 33.33% Straight line basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

CWM 2001 LIMITED (REGISTERED NUMBER: 04149186)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

2. ACCOUNTING POLICIES - continued

INVESTMENTS IN SUBSIDIARIES
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

TAXATION
Taxation for the year 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 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.

EMPLOYEE BENEFITS
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

CWM 2001 LIMITED (REGISTERED NUMBER: 04149186)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

2. ACCOUNTING POLICIES - continued

EQUITY INSTRUMENTS
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

PROPERTY DEVELOPMENTS
Profits arising on the financing of property developments are recognised as and when they are received or when the company becomes entitled to those profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 February 2022
and 31 January 2023 8,618
DEPRECIATION
At 1 February 2022
and 31 January 2023 8,618
NET BOOK VALUE
At 31 January 2023 -

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 February 2022
and 31 January 2023 80,440
NET BOOK VALUE
At 31 January 2023 80,440
At 31 January 2022 80,440

CWM 2001 LIMITED (REGISTERED NUMBER: 04149186)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

6. DEBTORS
2023 2022
£ £
Amounts falling due within one year:
Trade debtors 19,251 19,251
Other debtors 48,653 91,783
67,904 111,034

Amounts falling due after more than one year:
Trade debtors 695,303 681,857

Aggregate amounts 763,207 792,891

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 9,890 9,646
Taxation and social security 952 441
Other creditors 19,248 6,793
30,090 16,880

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Bank loans 24,946 34,837

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
40 Ordinary share capital 1 40 40

CWM 2001 LIMITED (REGISTERED NUMBER: 04149186)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2023

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2023 and 31 January 2022:

2023 2022
£ £
Mr R C Jones
Balance outstanding at start of year 24,184 76,973
Amounts repaid (24,184 ) (52,789 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 24,184