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REGISTERED NUMBER: 09019200 (England and Wales)















Financial Statements for the Year Ended 30 April 2024

for

CMU Infrastructure Limited

CMU Infrastructure Limited (Registered number: 09019200)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CMU Infrastructure Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: C McCloskey



REGISTERED OFFICE: 28 Sturmi Way
Village Farm Industrial Es
Pyle
Bridgend
Mid Glamorgan
CF33 6NU



REGISTERED NUMBER: 09019200 (England and Wales)



AUDITORS: Flint & Thompson
Statutory Auditors
2 Manor Square
Solihull
West Midlands
B91 3PX



ACCOUNTANTS: Thursfield & Co
Holbeche House
437 Shirley Road
Birmingham
B27 7NX

CMU Infrastructure Limited (Registered number: 09019200)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,633 22,177

CURRENT ASSETS
Stocks 259,500 114,550
Debtors 5 3,797,655 3,852,246
Cash at bank and in hand 1,094,501 851,471
5,151,656 4,818,267
CREDITORS
Amounts falling due within one year 6 610,512 564,632
NET CURRENT ASSETS 4,541,144 4,253,635
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,557,777

4,275,812

CREDITORS
Amounts falling due after more than one
year

7

1,423,752

915,165
NET ASSETS 3,134,025 3,360,647

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,133,925 3,360,547
3,134,025 3,360,647

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 director and authorised for issue on 26 January 2025 and were signed by:





C McCloskey - Director


CMU Infrastructure Limited (Registered number: 09019200)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

CMU Infrastructure 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about CMU Infrastructure Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, CMU Holdings 2014 Limited, 28 Sturmi Way, Village Farm Industrial Estate, Pyle, Bridgend, Mid Glamorgan, CF33 6NU.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
In the application of the group's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

It is the opinion of the director that there are no material estimates or judgements.

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.
Fixtures and fittings - 25% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

CMU Infrastructure Limited (Registered number: 09019200)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
Financial instruments are recognised in the group's balance sheet when the group becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

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.

Impairment of fixed assets
At each reporting period end date, the group reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

The carrying amount of the investments accounted for using the equity method is tested for impairment as a single asset. Any goodwill included in the carrying amount of the investment is not tested separately for impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2023 - 34 ) .

CMU Infrastructure Limited (Registered number: 09019200)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 May 2023
and 30 April 2024 68,268
DEPRECIATION
At 1 May 2023 46,091
Charge for year 5,544
At 30 April 2024 51,635
NET BOOK VALUE
At 30 April 2024 16,633
At 30 April 2023 22,177

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,000,793 1,975,243
Other debtors 2,796,862 1,877,003
3,797,655 3,852,246

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 546,746 469,739
Taxation and social security 37,117 67,567
Other creditors 26,649 27,326
610,512 564,632

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 1,423,752 915,165

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Peter Georgiades BA FCA (Senior Statutory Auditor)
for and on behalf of Flint & Thompson

CMU Infrastructure Limited (Registered number: 09019200)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

9. RELATED PARTY DISCLOSURES

CMU Management Limited is a company in which Mr C McCloskey is a director. During the year, the company purchased services from CMU Management Limited for £1,860,000 (2023: £1,727,500). At the year end the company owed CMU Management Limited £Nil (2023: £Nil).

Gmac Utilities Limited is a company in which Mr C McCloskey is a director. During the year the company made purchases of £186,425 (2023: £16,910) and sales of £215,185 (2023: £74,222). At the year end the company was owed £15,014 (2023: £36,705) from Gmac Utilities Limited.

GMAC Plant Hire Limited is a company which Mr C CMcCloskey is a director. During the year the company made sales of £6,079 (2023: £Nil) At the year end the company was owed £Nil (2023: £Nil).

Celtic Developments Penarth Limited is a company in which Mr C McCloskey is a director. During the year the company made sales of £300,000 (2023: £Nil). At the year end the company was owed £1,393,047 (2023: £1,393,047).

10. ULTIMATE CONTROLLING PARTY

The ultimate parent company is CMU Holdings 2014 Limited and the ultimate controlling party is C McCloskey by virtue of his shareholding.