IRIS Accounts Production v24.3.0.553 10811441 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh108114412023-03-31108114412024-03-31108114412023-04-012024-03-31108114412022-03-31108114412022-04-012023-03-31108114412023-03-3110811441ns15:EnglandWales2023-04-012024-03-3110811441ns14:PoundSterling2023-04-012024-03-3110811441ns10:Director12023-04-012024-03-3110811441ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110811441ns10:SmallEntities2023-04-012024-03-3110811441ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110811441ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110811441ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110811441ns10:FullAccounts2023-04-012024-03-3110811441ns10:Director22023-04-012024-03-3110811441ns10:RegisteredOffice2023-04-012024-03-3110811441ns5:CurrentFinancialInstruments2024-03-3110811441ns5:CurrentFinancialInstruments2023-03-3110811441ns5:Non-currentFinancialInstruments2024-03-3110811441ns5:Non-currentFinancialInstruments2023-03-3110811441ns5:ShareCapital2024-03-3110811441ns5:ShareCapital2023-03-3110811441ns5:RetainedEarningsAccumulatedLosses2024-03-3110811441ns5:RetainedEarningsAccumulatedLosses2023-03-3110811441ns5:PlantMachinery2023-04-012024-03-3110811441ns5:MotorVehicles2023-04-012024-03-3110811441ns5:ComputerEquipment2023-04-012024-03-3110811441ns5:PlantMachinery2023-03-3110811441ns5:MotorVehicles2023-03-3110811441ns5:ComputerEquipment2023-03-3110811441ns5:PlantMachinery2024-03-3110811441ns5:MotorVehicles2024-03-3110811441ns5:ComputerEquipment2024-03-3110811441ns5:PlantMachinery2023-03-3110811441ns5:MotorVehicles2023-03-3110811441ns5:ComputerEquipment2023-03-3110811441ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3110811441ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3110811441ns5:WithinOneYear2024-03-3110811441ns5:WithinOneYear2023-03-3110811441ns5:BetweenOneFiveYears2024-03-3110811441ns5:BetweenOneFiveYears2023-03-3110811441ns5:AllPeriods2024-03-3110811441ns5:AllPeriods2023-03-31
REGISTERED NUMBER: 10811441 (England and Wales)























Unaudited Financial Statements

for the Year Ended 31 March 2024

for

C & M Electrical (North West) Limited

C & M Electrical (North West) Limited (Registered number: 10811441)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


C & M Electrical (North West) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr S A Clark
Mr D M McGuigan





REGISTERED OFFICE: 316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE





REGISTERED NUMBER: 10811441 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

C & M Electrical (North West) Limited (Registered number: 10811441)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,086 21,832

CURRENT ASSETS
Stocks 3,000 3,000
Debtors 5 85,119 26,025
Cash at bank 125,508 176,099
213,627 205,124
CREDITORS
Amounts falling due within one year 6 53,422 46,454
NET CURRENT ASSETS 160,205 158,670
TOTAL ASSETS LESS CURRENT
LIABILITIES

176,291

180,502

CREDITORS
Amounts falling due after more than one
year

7

(14,700

)

(24,500

)

PROVISIONS FOR LIABILITIES (4,021 ) (4,968 )
NET ASSETS 157,570 151,034

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 157,568 151,032
157,570 151,034

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

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

C & M Electrical (North West) Limited (Registered number: 10811441)

Balance Sheet - continued
31 March 2024


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 October 2024 and were signed on its behalf by:





Mr S A Clark - Director


C & M Electrical (North West) Limited (Registered number: 10811441)

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


1. STATUTORY INFORMATION

C & M Electrical (North West) 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33% 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

C & M Electrical (North West) Limited (Registered number: 10811441)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 2,069 26,248 624 28,941
DEPRECIATION
At 1 April 2023 765 5,862 482 7,109
Charge for year 414 5,250 82 5,746
At 31 March 2024 1,179 11,112 564 12,855
NET BOOK VALUE
At 31 March 2024 890 15,136 60 16,086
At 31 March 2023 1,304 20,386 142 21,832

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 10,690
Other debtors 85,119 15,335
85,119 26,025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 9,800 9,800
Trade creditors - 5,363
Taxation and social security 26,253 27,626
Other creditors 17,369 3,665
53,422 46,454

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 14,700 24,500

C & M Electrical (North West) Limited (Registered number: 10811441)

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


8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24 31.3.23
£    £   
Within one year 6,234 6,533
Between one and five years 4,655 10,889
10,889 17,422

9. SECURED DEBTS

The UK Government have provided a 100% guarantee on the Bounce Back Loan Scheme (BBLS), borrowings obtained from Santander Group.

10. RELATED PARTY DISCLOSURES

One of the directors owe £74,114 to the company at the year end. The loan is repayable on demand and interest at the rate 2.25% has been applied to this loan.