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REGISTERED NUMBER: 09866144 (England and Wales)








Unaudited Financial Statements

for the Year Ended 29 February 2024

for

THE COMPLETE MORTGAGE SHOP LIMITED

THE COMPLETE MORTGAGE SHOP LIMITED (REGISTERED NUMBER: 09866144)






Contents of the Financial Statements
for the year ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE COMPLETE MORTGAGE SHOP LIMITED

Company Information
for the year ended 29 February 2024







DIRECTOR: Ms C W Y Law





REGISTERED OFFICE: c/o MGB Accountants - Suite 22
Trym Lodge, 1 Henbury Road
Westbury-on-Trym
Bristol
BS9 3HQ





REGISTERED NUMBER: 09866144 (England and Wales)





ACCOUNTANTS: Mitchell Glanville (Bristol) Limited
c/o MGB Accountants - Suite 22
Trym Lodge, 1 Henbury Road
Westbury-on-Trym
Bristol
BS9 3HQ

THE COMPLETE MORTGAGE SHOP LIMITED (REGISTERED NUMBER: 09866144)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 66,762 81,068

CURRENT ASSETS
Debtors 5 307,384 146,687
Cash at bank 4,541 29,022
311,925 175,709
CREDITORS
Amounts falling due within one year 6 167,334 31,622
NET CURRENT ASSETS 144,591 144,087
TOTAL ASSETS LESS CURRENT
LIABILITIES

211,353

225,155

CREDITORS
Amounts falling due after more than one year 7 109,144 69,490
NET ASSETS 102,209 155,665

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 102,109 155,565
SHAREHOLDERS' FUNDS 102,209 155,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 November 2024 and were signed by:





Ms C W Y Law - Director


THE COMPLETE MORTGAGE SHOP LIMITED (REGISTERED NUMBER: 09866144)

Notes to the Financial Statements
for the year ended 29 February 2024

1. STATUTORY INFORMATION

The Complete Mortgage Shop 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 etc - 33% on cost and 25% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

THE COMPLETE MORTGAGE SHOP LIMITED (REGISTERED NUMBER: 09866144)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 98,346
DEPRECIATION
At 1 March 2023 17,278
Charge for year 14,306
At 29 February 2024 31,584
NET BOOK VALUE
At 29 February 2024 66,762
At 28 February 2023 81,068

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,835 6,376
Amounts owed by group undertakings 301,647 130,000
Other debtors 2,902 10,311
307,384 146,687

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 18,828 6,000
Hire purchase contracts 3,394 3,394
Trade creditors 44 9,756
Taxation and social security (76 ) 12,472
Other creditors 145,144 -
167,334 31,622

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 59,634 16,586
Hire purchase contracts 49,510 52,904
109,144 69,490

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

9. ULTIMATE CONTROLLING PARTY

The controlling party is Ms C W Y Law.