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REGISTERED NUMBER: 05004984 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Cable Management Warehouse Limited

Cable Management Warehouse Limited (Registered number: 05004984)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cable Management Warehouse Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: I J Bankhurst
D Sagrott





REGISTERED OFFICE: Units 5 & 6 Arkwright Industrial Estate
Arkwright Road
Bedford
MK42 0LQ





REGISTERED NUMBER: 05004984 (England and Wales)

Cable Management Warehouse Limited (Registered number: 05004984)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 182,436 174,081
Tangible assets 5 213,363 84,612
395,799 258,693

CURRENT ASSETS
Stocks 1,090,930 1,276,875
Debtors 6 1,917,222 1,520,523
Cash at bank and in hand 26,903 49,833
3,035,055 2,847,231
CREDITORS
Amounts falling due within one year 7 2,031,340 2,007,045
NET CURRENT ASSETS 1,003,715 840,186
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,399,514

1,098,879

CREDITORS
Amounts falling due after more than one
year

8

(257,853

)

(138,517

)

PROVISIONS FOR LIABILITIES (47,726 ) (3,281 )
NET ASSETS 1,093,935 957,081

CAPITAL AND RESERVES
Called up share capital 1 1
Capital redemption reserve 1 1
Retained earnings 1,093,933 957,079
1,093,935 957,081

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.

Cable Management Warehouse Limited (Registered number: 05004984)

Balance Sheet - continued
31 March 2024


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 14 February 2025 and were signed on its behalf by:





I J Bankhurst - Director


Cable Management Warehouse Limited (Registered number: 05004984)

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

1. STATUTORY INFORMATION

Cable Management Warehouse 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Licences and software are being amortised evenly over their estimated useful life of ten years.

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 - 25% on 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.

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.


Cable Management Warehouse Limited (Registered number: 05004984)

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

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2023 - 20 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 April 2023 200,000 108,163 308,163
Additions 39,500 - 39,500
At 31 March 2024 239,500 108,163 347,663
AMORTISATION
At 1 April 2023 80,000 54,082 134,082
Charge for year 20,329 10,816 31,145
At 31 March 2024 100,329 64,898 165,227
NET BOOK VALUE
At 31 March 2024 139,171 43,265 182,436
At 31 March 2023 120,000 54,081 174,081

Cable Management Warehouse Limited (Registered number: 05004984)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 362,444
Additions 154,617
At 31 March 2024 517,061
DEPRECIATION
At 1 April 2023 277,832
Charge for year 25,866
At 31 March 2024 303,698
NET BOOK VALUE
At 31 March 2024 213,363
At 31 March 2023 84,612

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 976,202 972,676
Other debtors 941,020 547,847
1,917,222 1,520,523

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 658,072 721,381
Hire purchase contracts 44,449 21,924
Trade creditors 868,614 1,020,250
Taxation and social security 353,002 179,050
Other creditors 107,203 64,440
2,031,340 2,007,045

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 136,547 116,667
Hire purchase contracts 121,306 21,850
257,853 138,517

9. SECURED DEBTS

Hire purchase contracts are secured against the assets in which they relate to.

Cable Management Warehouse Limited (Registered number: 05004984)

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

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Mr I J Bankurst
31.3.2431.3.23
££
Balance owing from/(to) company 104,229(5,292)


Mr D Sagrott
31.3.2431.3.23
££
Balance owing from/(to) company 73,786101,815

11. RELATED PARTY DISCLOSURES

31.3.24 31.3.23
£ £
Balance owing from related parties 576,852 367,591
Balance owing to related parties 173,784 -

Related parties are companies in which one of the directors is also a director or has a controlling interest.