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REGISTERED NUMBER: 05083490 (England and Wales)








Unaudited Financial Statements

for the Year Ended

31 March 2024

for

C-MAC Reinforcements Limited

C-MAC Reinforcements Limited (Registered number: 05083490)






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


C-MAC Reinforcements Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: W J J Coyle
J B McAuliffe





SECRETARY: W J J Coyle





REGISTERED OFFICE: 91 Wood Lane
Streetly
Sutton Coldfield
West Midlands
B74 3LS





REGISTERED NUMBER: 05083490 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Chartered Accountants
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

C-MAC Reinforcements Limited (Registered number: 05083490)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 17,148 20,756
17,148 20,756

CURRENT ASSETS
Stocks 15,004 36,113
Debtors 6 54,635 106,818
Cash at bank 66,393 69,660
136,032 212,591
CREDITORS
Amounts falling due within one year 7 87,723 99,063
NET CURRENT ASSETS 48,309 113,528
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,457

134,284

CREDITORS
Amounts falling due after more than one year 8 (24,601 ) (46,000 )

PROVISIONS FOR LIABILITIES (3,608 ) (3,944 )
NET ASSETS 37,248 84,340

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 37,148 84,240
SHAREHOLDERS' FUNDS 37,248 84,340

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.

C-MAC Reinforcements Limited (Registered number: 05083490)

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 12 December 2024 and were signed on its behalf by:





W J J Coyle - Director


C-MAC Reinforcements Limited (Registered number: 05083490)

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

1. STATUTORY INFORMATION

C-MAC Reinforcements 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.

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 2005, 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.

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% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 of the lease.

C-MAC Reinforcements Limited (Registered number: 05083490)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 32,954
AMORTISATION
At 1 April 2023
and 31 March 2024 32,954
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 6,736 87,490 8,767 102,993
Additions 723 - 2,065 2,788
Disposals - (13,449 ) - (13,449 )
At 31 March 2024 7,459 74,041 10,832 92,332
DEPRECIATION
At 1 April 2023 5,454 68,032 8,751 82,237
Charge for year 265 4,677 697 5,639
Eliminated on disposal - (12,692 ) - (12,692 )
At 31 March 2024 5,719 60,017 9,448 75,184
NET BOOK VALUE
At 31 March 2024 1,740 14,024 1,384 17,148
At 31 March 2023 1,282 19,458 16 20,756

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 41,667 32,421
Other debtors 12,968 74,397
54,635 106,818

C-MAC Reinforcements Limited (Registered number: 05083490)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 3,019 644
Taxation and social security 42,666 57,712
Other creditors 32,038 30,707
87,723 99,063

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 15,873 28,333
Hire purchase contracts 8,728 17,667
24,601 46,000

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 11,747 18,311

Hire purchase liabilities are secured on the assets to which they relate.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
W J J Coyle
Balance outstanding at start of year (473 ) (27 )
Amounts advanced 85,327 84,054
Amounts repaid (86,000 ) (84,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,146 ) (473 )

J B McAuliffe
Balance outstanding at start of year (473 ) (32 )
Amounts advanced 86,471 84,059
Amounts repaid (86,000 ) (84,500 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (2 ) (473 )