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REGISTERED NUMBER: 10552473 (England and Wales)












Unaudited Financial Statements for the Year Ended 31 January 2024

for

Cmdevelopinvestments Ltd

Cmdevelopinvestments Ltd (Registered number: 10552473)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Cmdevelopinvestments Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mrs A Nikitina





REGISTERED OFFICE: Munstead Grange
Alldens Lane
Godalming
Surrey
GU8 4AP





REGISTERED NUMBER: 10552473 (England and Wales)





ACCOUNTANTS: Hawksford UK Services Limited
123 Pall Mall
St. James's
London
SW1Y 5EA

Cmdevelopinvestments Ltd (Registered number: 10552473)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 221

CURRENT ASSETS
Debtors 5 18 872
Cash at bank and in hand 605,895 926,094
605,913 926,966
CREDITORS
Amounts falling due within one year 6 (180,786 ) (187,637 )
NET CURRENT ASSETS 425,127 739,329
TOTAL ASSETS LESS CURRENT
LIABILITIES

425,127

739,550

CREDITORS
Amounts falling due after more than one year 7 (243,515 ) (539,080 )
NET ASSETS 181,612 200,470

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 181,512 200,370
181,612 200,470

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 1 October 2024 and were signed by:





Mrs A Nikitina - Director


Cmdevelopinvestments Ltd (Registered number: 10552473)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Cmdevelopinvestments Ltd 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 in Pounds Sterling and this is also considered by the director to be the company's functional currency.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Other operating income
Other operating income represents interest receivable on loans given accrued on daily basis.

Foreign currencies
Monetary assets and liabilities in foreign currencies are translated into pounds Sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into pounds Sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern
The company's ability to continue as a going concern is contingent on the willingness of the controlling parties to provide financing to the company. The controlling parties have expressed their willingness to provide financial support for the next 12 months as from the date of approval of the financial statements in order for the company to meet its current liabilities. The director therefore continues to adopt the going concern basis of accounting.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Cmdevelopinvestments Ltd (Registered number: 10552473)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 650
DEPRECIATION
At 1 February 2023 429
Charge for year 221
At 31 January 2024 650
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 221

5. DEBTORS
31.1.24 31.1.23
£    £   
Amounts falling due within one year:
Other debtors 140,595 140,595

Amounts falling due after more than one year:
Other debtors (140,577 ) (139,723 )

Aggregate amounts 18 872

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 141 -
Trade creditors (1 ) -
Other creditors 180,646 187,637
180,786 187,637

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Other creditors 243,515 539,080

8. RELATED PARTY DISCLOSURES

At the end of the year A Nikitina, the director and the shareholder of the Company, had a balance outstanding with the Company amounting to £253,582 (2023: £539,080). This amount is made up of expenses made on behalf of the company and interest-free loans.

At the end of the year Mr E Nikitin, a related party, had an outstanding loan balance with the company in the amount of £166,578 (2023: £175,568).

Cmdevelopinvestments Ltd (Registered number: 10552473)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs A Nikitina.