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REGISTERED NUMBER: 04949097 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

CMD CEILINGS LIMITED

CMD CEILINGS LIMITED (REGISTERED NUMBER: 04949097)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CMD CEILINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: C M Aldridge
D W Aldridge





SECRETARY: Mrs H A Aldridge





REGISTERED OFFICE: 67 Newland Street
Witham
Essex
CM7 1AA





REGISTERED NUMBER: 04949097 (England and Wales)





ACCOUNTANTS: Wilson Devenish
67 Newland Street
Witham
Essex
CM8 1AA

CMD CEILINGS LIMITED (REGISTERED NUMBER: 04949097)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 15,000 18,000
Tangible assets 5 19,383 25,846
34,383 43,846

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 6 51,752 53,556
Cash at bank and in hand 54,665 45,270
109,417 101,826
CREDITORS
Amounts falling due within one year 7 73,497 73,615
NET CURRENT ASSETS 35,920 28,211
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,303

72,057

CREDITORS
Amounts falling due after more than one
year

8

-

(11,258

)

PROVISIONS FOR LIABILITIES (4,264 ) (4,911 )
NET ASSETS 66,039 55,888

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 65,939 55,788
SHAREHOLDERS' FUNDS 66,039 55,888

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

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

CMD CEILINGS LIMITED (REGISTERED NUMBER: 04949097)

BALANCE SHEET - continued
31 OCTOBER 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 29 July 2024 and were signed on its behalf by:




C M Aldridge - Director



D W Aldridge - Director


CMD CEILINGS LIMITED (REGISTERED NUMBER: 04949097)

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

1. STATUTORY INFORMATION

CMD Ceilings 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.

Goodwill
Goodwill is being amortised evenly over its useful life of 20 years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 3 (2022 - 3 ) .

CMD CEILINGS LIMITED (REGISTERED NUMBER: 04949097)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2022
and 31 October 2023 60,000
AMORTISATION
At 1 November 2022 42,000
Charge for year 3,000
At 31 October 2023 45,000
NET BOOK VALUE
At 31 October 2023 15,000
At 31 October 2022 18,000

5. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 November 2022
and 31 October 2023 40,939
DEPRECIATION
At 1 November 2022 15,093
Charge for year 6,463
At 31 October 2023 21,556
NET BOOK VALUE
At 31 October 2023 19,383
At 31 October 2022 25,846

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 49,781 52,890
Other debtors 1,971 666
51,752 53,556

CMD CEILINGS LIMITED (REGISTERED NUMBER: 04949097)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 11,258 2,723
Trade creditors 10,025 27,110
Taxation and social security 37,251 21,229
Other creditors 14,963 22,553
73,497 73,615

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts - 11,258