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Registered number: 11340807
CMA MACHINE TOOLS UK LIMITED
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11340807
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 64,688 947
64,688 947
CURRENT ASSETS
Debtors 5 1,778 3,942
Cash at bank and in hand 23,411 36,919
25,189 40,861
Creditors: Amounts Falling Due Within One Year 6 (21,351 ) (32,181 )
NET CURRENT ASSETS (LIABILITIES) 3,838 8,680
TOTAL ASSETS LESS CURRENT LIABILITIES 68,526 9,627
Creditors: Amounts Falling Due After More Than One Year 7 (41,319 ) (7,307 )
NET ASSETS 27,207 2,320
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account 27,206 2,319
SHAREHOLDERS' FUNDS 27,207 2,320
Page 1
Page 2
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Richard Alvarado
Director
13th January 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
CMA MACHINE TOOLS UK LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 11340807 . The registered office is 84 Northcliffe Road, Stockport, SK2 5AQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 10% Straight Line
Plant & Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 33% Straight Line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 June 2023 - 617 - -
Additions 17,406 - 62,000 989
Disposals - - - -
As at 31 May 2024 17,406 617 62,000 989
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 June 2023 - 357 - -
Provided during the period 1,741 65 15,500 148
Disposals - - - -
As at 31 May 2024 1,741 422 15,500 148
Net Book Value
As at 31 May 2024 15,665 195 46,500 841
As at 1 June 2023 - 260 - -
Computer Equipment Total
£ £
Cost
As at 1 June 2023 1,661 2,278
Additions 1,827 82,222
Disposals (274 ) (274 )
As at 31 May 2024 3,214 84,226
Depreciation
As at 1 June 2023 974 1,331
Provided during the period 1,027 18,481
Disposals (274 ) (274 )
As at 31 May 2024 1,727 19,538
Net Book Value
As at 31 May 2024 1,487 64,688
As at 1 June 2023 687 947
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,778 3,619
Other taxes and social security - 323
1,778 3,942
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 6,495 -
Bank loans and overdrafts 3,231 3,306
Corporation tax 5,726 9,507
Other taxes and social security 194 -
VAT 5,283 18,581
Other creditors (1) 422 787
21,351 32,181
Page 4
Page 5
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Net obligations under finance lease and hire purchase contracts 36,977 -
Bank loans 4,342 7,307
41,319 7,307
The Bank Loan relates to a Bounce Back Loan facility provided by Santander UK plc. The interest is secured by the government for the first 12 months followed by a rate of 2.5% fixed for up to 10 years. The loan capital is secured by HM Government.
8. Obligations Under Finance Leases and Hire Purchase
2024 2023
£ £
The future minimum finance lease payments are as follows:
Not later than one year 6,495 -
Later than one year and not later than five years 36,977 -
43,472 -
43,472 -
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 5