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REGISTERED NUMBER: 05941485 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

CABLE MANAGEMENT CENTRE BIRMINGHAM
LIMITED

CABLE MANAGEMENT CENTRE BIRMINGHAM
LIMITED (REGISTERED NUMBER: 05941485)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


CABLE MANAGEMENT CENTRE BIRMINGHAM
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: R Tonks
Mrs L Haycock





SECRETARY: Mrs L Haycock





REGISTERED OFFICE: Unit 3 C M T Industrial Estate
Broadwell Road
Oldbury
West Midlands
B69 4BQ





REGISTERED NUMBER: 05941485 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

CABLE MANAGEMENT CENTRE BIRMINGHAM
LIMITED (REGISTERED NUMBER: 05941485)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 27,869 38,235
27,869 38,235

CURRENT ASSETS
Stocks 150,513 169,929
Debtors 6 197,929 240,813
Prepayments and accrued income 25,784 15,196
Cash at bank and in hand 219,285 280,793
593,511 706,731
CREDITORS
Amounts falling due within one year 7 363,475 453,712
NET CURRENT ASSETS 230,036 253,019
TOTAL ASSETS LESS CURRENT
LIABILITIES

257,905

291,254

PROVISIONS FOR LIABILITIES 8 6,888 7,184
NET ASSETS 251,017 284,070

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 9 250,917 283,970
SHAREHOLDERS' FUNDS 251,017 284,070

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

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

CABLE MANAGEMENT CENTRE BIRMINGHAM
LIMITED (REGISTERED NUMBER: 05941485)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 June 2024 and were signed on its behalf by:





R Tonks - Director


CABLE MANAGEMENT CENTRE BIRMINGHAM
LIMITED (REGISTERED NUMBER: 05941485)

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

1. STATUTORY INFORMATION

Cable Management Centre Birmingham 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of fourteen 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.
Improvements to property - straight line over lease term
Plant and machinery - 15% on cost
Motor vehicles - 25% on cost
Office equipment - 15% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


CABLE MANAGEMENT CENTRE BIRMINGHAM
LIMITED (REGISTERED NUMBER: 05941485)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 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 statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 150,000
AMORTISATION
At 1 January 2023
and 31 December 2023 150,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

CABLE MANAGEMENT CENTRE BIRMINGHAM
LIMITED (REGISTERED NUMBER: 05941485)

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

5. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Office
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 34,987 6,000 59,305 19,930 120,222
Disposals - - (24,805 ) - (24,805 )
At 31 December 2023 34,987 6,000 34,500 19,930 95,417
DEPRECIATION
At 1 January 2023 34,987 4,050 25,164 17,786 81,987
Charge for year - 900 8,625 841 10,366
Eliminated on disposal - - (24,805 ) - (24,805 )
At 31 December 2023 34,987 4,950 8,984 18,627 67,548
NET BOOK VALUE
At 31 December 2023 - 1,050 25,516 1,303 27,869
At 31 December 2022 - 1,950 34,141 2,144 38,235

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 197,929 240,813

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 303,114 367,421
Taxation and social security 18,693 24,311
Other creditors 41,668 61,980
363,475 453,712

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 6,888 7,184

Deferred
tax
£   
Balance at 1 January 2023 7,184
Credit to Statement of Income and Retained Earnings during year (296 )
Balance at 31 December 2023 6,888

CABLE MANAGEMENT CENTRE BIRMINGHAM
LIMITED (REGISTERED NUMBER: 05941485)

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

9. RESERVES
Retained
earnings
£   

At 1 January 2023 283,970
Profit for the year 26,947
Dividends (60,000 )
At 31 December 2023 250,917