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REGISTERED NUMBER: 12345773 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

CMC HOLDINGS NW LTD

CMC HOLDINGS NW LTD (REGISTERED NUMBER: 12345773)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

CMC HOLDINGS NW LTD

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M Chalton
Mrs C M Chalton





REGISTERED OFFICE: Unit 5
The Courtyard
Old Court House Road
Wirral
CH62 4UE





REGISTERED NUMBER: 12345773 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE

CMC HOLDINGS NW LTD (REGISTERED NUMBER: 12345773)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 856,848 569,628
Investment property 5 450,000 450,000
1,306,848 1,019,628

CURRENT ASSETS
Debtors 6 134,981 165,281
Cash at bank 37,570 52,634
172,551 217,915
CREDITORS
Amounts falling due within one year 7 135,174 104,516
NET CURRENT ASSETS 37,377 113,399
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,344,225

1,133,027

CREDITORS
Amounts falling due after more than one
year

8

1,126,559

972,235
NET ASSETS 217,666 160,792

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 11 217,566 160,692
SHAREHOLDERS' FUNDS 217,666 160,792

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.

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 Board of Directors and authorised for issue on 4 November 2024 and were signed on its behalf by:





M Chalton - Director


CMC HOLDINGS NW LTD (REGISTERED NUMBER: 12345773)

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

1. STATUTORY INFORMATION

CMC Holdings NW 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 on the basis that the enterprise will continue in operational existence for the foreseeable future. This means in particular that the profit and loss account and balance sheet assume no intention nor necessity to liquidate or curtail significantly the scale of operation. Further, the financial statements have been prepared on the basis that continued support will be given by the company's directors.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023 569,628
Additions 287,220
At 31 March 2024 856,848
NET BOOK VALUE
At 31 March 2024 856,848
At 31 March 2023 569,628

CMC HOLDINGS NW LTD (REGISTERED NUMBER: 12345773)

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

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 450,000
NET BOOK VALUE
At 31 March 2024 450,000
At 31 March 2023 450,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 134,981 165,281

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 134,999 104,341
Other creditors 175 175
135,174 104,516

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 517,288 482,495
Other creditors 609,271 489,740
1,126,559 972,235

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 214,320 198,164

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 652,287 586,836

The bank loans are secured by a fixed and floating charge over the assets of the company and a legal mortgage over the investment property.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

CMC HOLDINGS NW LTD (REGISTERED NUMBER: 12345773)

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

11. RESERVES
Retained
earnings
£   

At 1 April 2023 160,692
Profit for the year 56,874
At 31 March 2024 217,566

12. RELATED PARTY DISCLOSURES

Within other creditors is £579,110 owing to Wirral Care Services Limited

Included in other creditors is an amount of £30,161 due to Senior Care Services Limited.

Included in other debtors is an amount of £50,000 owing from Deva Senior Care Limited,

During the year the company received dividends of £73,300 from Deva Senior Care Limited,

All companies have similar directors.

13. ULTIMATE CONTROLLING PARTY

The controlling parties of the company are Mr & Mrs Chalton as 50% shareholders each of the company.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
CMC Holdings NW Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CMC Holdings NW Ltd for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of CMC Holdings NW Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CMC Holdings NW Ltd and state those matters that we have agreed to state to the Board of Directors of CMC Holdings NW Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CMC Holdings NW Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CMC Holdings NW Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CMC Holdings NW Ltd. You consider that CMC Holdings NW Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CMC Holdings NW Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE


Date: .............................................