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REGISTERED NUMBER: 04446012 (England and Wales)















Financial Statements for the Year Ended 31 July 2023

for

CMK Group Limited

CMK Group Limited (Registered number: 04446012)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CMK Group Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: B R Gardiner
J W Gardiner





REGISTERED OFFICE: Unit 12
Granada Industrial Estate
Demuth Way
Oldbury
West Midlands
B69 4LH





REGISTERED NUMBER: 04446012 (England and Wales)





ACCOUNTANTS: Haines Watts Wolverhampton Limited
Keepers Lane
The Wergs
Wolverhampton
West Midlands
WV6 8UA

CMK Group Limited (Registered number: 04446012)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 268,501 130,893
Investments 5 502,265 502,265
770,766 633,158

CURRENT ASSETS
Debtors 6 590,459 369,881
Cash at bank 121,727 544,862
712,186 914,743
CREDITORS
Amounts falling due within one year 7 698,985 522,579
NET CURRENT ASSETS 13,201 392,164
TOTAL ASSETS LESS CURRENT
LIABILITIES

783,967

1,025,322

PROVISIONS FOR LIABILITIES 32,952 7,339
NET ASSETS 751,015 1,017,983

CAPITAL AND RESERVES
Called up share capital 8 10,000 10,000
Retained earnings 741,015 1,007,983
SHAREHOLDERS' FUNDS 751,015 1,017,983

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

CMK Group Limited (Registered number: 04446012)

Balance Sheet - continued
31 July 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 Board of Directors and authorised for issue on 5 April 2024 and were signed on its behalf by:





B R Gardiner - Director


CMK Group Limited (Registered number: 04446012)

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

1. STATUTORY INFORMATION

CMK Group 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.

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment. Based on these assessments, given the measures that could be undertaken to mitigate the current adverse conditions, and the current resources available, the Directors have concluded that they can continue to adopt the going concern basis in preparing the annual report and accounts.

Preparation of consolidated financial statements
The financial statements contain information about CMK Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover
The turnover shown in the profit and loss account is the amount receivable for the provision of goods and services falling within the Company's ordinary activities, net of Value Added Tax, rebates and trade discounts.

Income from operating leases is included in turnover and is recognised in the profit and loss account on a straight line basis over the period of the lease.

Tangible fixed assets
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and Machinery 20% reducing balance
Motor Vehicles 25% reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.


CMK Group Limited (Registered number: 04446012)

Notes to the Financial Statements - continued
for the Year Ended 31 July 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 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.

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.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 August 2022 1,448,430 - 1,448,430
Additions 17,075 169,175 186,250
At 31 July 2023 1,465,505 169,175 1,634,680
DEPRECIATION
At 1 August 2022 1,317,537 - 1,317,537
Charge for year 28,749 19,893 48,642
At 31 July 2023 1,346,286 19,893 1,366,179
NET BOOK VALUE
At 31 July 2023 119,219 149,282 268,501
At 31 July 2022 130,893 - 130,893

CMK Group Limited (Registered number: 04446012)

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 August 2022
and 31 July 2023 502,265
NET BOOK VALUE
At 31 July 2023 502,265
At 31 July 2022 502,265

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 527,459 369,881
Other debtors 63,000 -
590,459 369,881

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 584,881 350,437
Taxation and social security 59,716 78,775
Other creditors 54,388 93,367
698,985 522,579

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10,000 Ordinary £1 10,000 10,000

9. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £880,875 (2022 - £1,140,000).

10. ULTIMATE CONTROLLING PARTY

The company is a wholly owned subsidiary of Gardsbros Group Limited, a company registered in England and Wales. The registered office is Unit 12 Granada Industrial Estate, Demuth Way, Oldbury, West Midlands, B69 4LH.