Acorah Software Products - Accounts Production 16.1.300 false true true 30 April 2023 1 April 2022 false 1 May 2023 30 April 2024 30 April 2024 11247074 M M Abdelmasih A G Magryous iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11247074 2023-04-30 11247074 2024-04-30 11247074 2023-05-01 2024-04-30 11247074 frs-core:CurrentFinancialInstruments 2024-04-30 11247074 frs-core:Non-currentFinancialInstruments 2024-04-30 11247074 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-04-30 11247074 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-05-01 2024-04-30 11247074 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-04-30 11247074 frs-core:ShareCapital 2024-04-30 11247074 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 11247074 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 11247074 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 11247074 frs-bus:SmallEntities 2023-05-01 2024-04-30 11247074 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 11247074 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 11247074 frs-bus:Director1 2023-05-01 2024-04-30 11247074 frs-bus:Director2 2023-05-01 2024-04-30 11247074 frs-countries:EnglandWales 2023-05-01 2024-04-30 11247074 2022-03-31 11247074 2023-04-30 11247074 2022-04-01 2023-04-30 11247074 frs-core:CurrentFinancialInstruments 2023-04-30 11247074 frs-core:Non-currentFinancialInstruments 2023-04-30 11247074 frs-core:ShareCapital 2023-04-30 11247074 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 11247074
CCM Properties Management Ltd
Financial Statements
For The Year Ended 30 April 2024
Devonports LAS Accountants Ltd
Cumberland House
24 - 28 Baxter Avenue
Southend on Sea
Essex
SS2 6HZ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11247074
30 April 2024 30 April 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 498,998 498,998
498,998 498,998
CURRENT ASSETS
Stocks 6 417,654 378,233
Debtors 7 466 288
Cash at bank and in hand 47,659 464
465,779 378,985
Creditors: Amounts Falling Due Within One Year 8 (225,531 ) (286,230 )
NET CURRENT ASSETS (LIABILITIES) 240,248 92,755
TOTAL ASSETS LESS CURRENT LIABILITIES 739,246 591,753
Creditors: Amounts Falling Due After More Than One Year 9 (756,672 ) (601,882 )
NET LIABILITIES (17,426 ) (10,129 )
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account (17,526 ) (10,229 )
SHAREHOLDERS' FUNDS (17,426) (10,129)
Page 1
Page 2
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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
A G Magryous
Director
30/01/2025
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
CCM Properties Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11247074 . The registered office is Cumberland House, 24 - 28 Baxter Avenue, Southend on Sea, Essex, SS2 6HZ.
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. Going Concern Disclosure
As at the balance sheet date the company had a net deficiency of assets. The Director's are aware of this and expect that future revenues will return the company to profitability and reverse this position. The financial statements are therefore prepared on the going concern basis.
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 held at fair value
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
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4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 May 2023 498,998
As at 30 April 2024 498,998
Net Book Value
As at 30 April 2024 498,998
As at 1 May 2023 498,998
5. Investment Property
The Directors consider that the value of the investment property at the year end remains inline with the original purchase price taking into account associated costs. The land purchased in a previous year had been transferred to Stock as this is being held for potential development.
30 April 2024 30 April 2023
£ £
Cost 498,998 498,998
6. Stocks
30 April 2024 30 April 2023
£ £
Stock 417,654 55,000
Work in progress - 323,233
417,654 378,233
7. Debtors
30 April 2024 30 April 2023
£ £
Due within one year
Other debtors 466 288
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8. Creditors: Amounts Falling Due Within One Year
30 April 2024 30 April 2023
£ £
Trade creditors - 199
Amounts owed to group undertakings 224,331 284,831
Other creditors 1,200 1,200
225,531 286,230
9. Creditors: Amounts Falling Due After More Than One Year
30 April 2024 30 April 2023
£ £
Bank loans 756,672 601,882
10. Secured Creditors
Bank loans are secured on freehold property held within the company by way of debenture.
30 April 2024 30 April 2023
£ £
Bank loans and overdrafts 756,672 601,882
11. Share Capital
30 April 2024 30 April 2023
£ £
Allotted, Called up and fully paid 100 100
12. Related Party Transactions
As at the balance sheet date the company owed £224,331 (2023: £284,831) to its parent company, Archangel Michael Holdings Limited.
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