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REGISTERED NUMBER: 07413761 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Cms For Investment And Development
Limited

Cms For Investment And Development
Limited (Registered number: 07413761)






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


Cms For Investment And Development
Limited

Company Information
for the Year Ended 31 January 2023







DIRECTOR: I Lygeros





SECRETARY:





REGISTERED OFFICE: 231 Vauxhall Bridge Road
Victoria
London
SW1V 1AD





REGISTERED NUMBER: 07413761 (England and Wales)





ACCOUNTANTS: Lark Accounting Limited
32 Davies Drive
Devizes
Wiltshire
SN10 2RL

Cms For Investment And Development
Limited (Registered number: 07413761)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,584,402 649,369

CURRENT ASSETS
Debtors 5 107,795 -
Cash at bank and in hand 52,420 7,772
160,215 7,772
CREDITORS
Amounts falling due within one year 6 23,425 22,287
NET CURRENT ASSETS/(LIABILITIES) 136,790 (14,515 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,721,192

634,854

CREDITORS
Amounts falling due after more than one year 7 4,729,805 655,380
NET LIABILITIES (8,613 ) (20,526 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (8,615 ) (20,528 )
(8,613 ) (20,526 )

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.

Cms For Investment And Development
Limited (Registered number: 07413761)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 October 2023 and were signed by:





I Lygeros - Director


Cms For Investment And Development
Limited (Registered number: 07413761)

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

1. STATUTORY INFORMATION

Cms For Investment And Development 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.

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.

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

The company has made an investment in leasehold properties the purchase of which were completed in the year, the amount shown in the balance sheet represents the cost to date of the properties,and the company will undertake regular valuations of the properties.

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.

3. EMPLOYEES AND DIRECTORS

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

Cms For Investment And Development
Limited (Registered number: 07413761)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Long and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 February 2022 649,137 332 1,997 651,466
Additions 3,935,088 - - 3,935,088
At 31 January 2023 4,584,225 332 1,997 4,586,554
DEPRECIATION
At 1 February 2022 - 286 1,811 2,097
Charge for year - 9 46 55
At 31 January 2023 - 295 1,857 2,152
NET BOOK VALUE
At 31 January 2023 4,584,225 37 140 4,584,402
At 31 January 2022 649,137 46 186 649,369

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 15,459 -
Amounts owed by associates 4,587 -
Other debtors 87,749 -
107,795 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Amounts owed to associates 14,248 11,757
Other creditors 9,177 10,530
23,425 22,287

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans 2,701,000 -
Other creditors 2,028,805 655,380
4,729,805 655,380

Cms For Investment And Development
Limited (Registered number: 07413761)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.1.23 31.1.22
£    £   
Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 2,701,000 -
Other loans more 5yrs non-inst - 655,380
2,701,000 655,380

8. RELATED PARTY DISCLOSURES

The loan shown in the balance sheet of £2,028,805 (2021 : £655,380) relates to a loan to the company by the shareholders and there are no terms as to the repayment of the loan. At present there is no interest being charged on the loan.