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REGISTERED NUMBER: 09380546 (England and Wales)















Report of the Directors and

Financial Statements for the Year Ended 31 January 2024

for

C M And R S Properties Ltd

C M And R S Properties Ltd (Registered number: 09380546)






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




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


C M And R S Properties Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: C D Mitchell
Mrs R Mitchell





REGISTERED OFFICE: 20 Holmwood Drive
Formby
Merseyside
L37 1PQ





REGISTERED NUMBER: 09380546 (England and Wales)





ACCOUNTANTS: M P Greaves Limited
Chartered Certified Accountants
74 Marmot Road
Liverpool
Merseyside
L37 6GB

C M And R S Properties Ltd (Registered number: 09380546)

Report of the Directors
for the Year Ended 31 January 2024

The directors present their report with the financial statements of the company for the year ended 31 January 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the letting of own property.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 February 2023 to the date of this report.

C D Mitchell
Mrs R Mitchell

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





C D Mitchell - Director


23 October 2024

C M And R S Properties Ltd (Registered number: 09380546)

Income Statement
for the Year Ended 31 January 2024

31.1.24 31.1.23
£    £   

TURNOVER 17,670 11,484

Administrative expenses 5,771 3,770
11,899 7,714

Gain/loss on revaluation of tangible assets - 39,971
OPERATING PROFIT and
PROFIT BEFORE TAXATION 11,899 47,685

Tax on profit 2,261 1,466
PROFIT FOR THE FINANCIAL YEAR 9,638 46,219

C M And R S Properties Ltd (Registered number: 09380546)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 255,000 255,000

CREDITORS
Amounts falling due within one year 5 133,879 141,517
NET CURRENT LIABILITIES (133,879 ) (141,517 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

121,121

113,483

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 121,021 113,383
SHAREHOLDERS' FUNDS 121,121 113,483

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 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 23 October 2024 and were signed on its behalf by:





C D Mitchell - Director


C M And R S Properties Ltd (Registered number: 09380546)

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

1. STATUTORY INFORMATION

C M And R S Properties 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 as modified by the revaluation of certain assets.

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 fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

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 2 (2023 - 2 ) .

C M And R S Properties Ltd (Registered number: 09380546)

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1 February 2023
and 31 January 2024 255,000
NET BOOK VALUE
At 31 January 2024 255,000
At 31 January 2023 255,000

Cost or valuation at 31 January 2024 is represented by:

Land and
buildings
£   
Valuation in 2018 9,520
Valuation in 2020 20,000
Valuation in 2022 30,000
Valuation in 2023 39,971
Cost 155,509
255,000

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.1.24 31.1.23
£    £   
Cost 155,509 155,509

Freehold land and buildings were valued on an open market basis on 31 January 2024 by C D Mitchell (Director) .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Taxation and social security 2,261 1,466
Other creditors 131,618 140,051
133,879 141,517