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Company Registration No. 12058667 (England and Wales)
C&M MERCHANTS & HIRE LTD Unaudited accounts for the year ended 30 June 2024
C&M MERCHANTS & HIRE LTD Unaudited accounts Contents
Page
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C&M MERCHANTS & HIRE LTD Company Information for the year ended 30 June 2024
Director
Michael Burgess
Secretary
Carla Burgess
Company Number
12058667 (England and Wales)
Registered Office
84-86 Reddish Road Stockport SK5 7QJ England
Accountants
Enso Accountants Ltd 189c Mauldeth Road Manchester M191BA
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C&M MERCHANTS & HIRE LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,290 
8,731 
Current assets
Inventories
104,323 
106,382 
Debtors
23,223 
43,800 
Cash at bank and in hand
17,621 
3,639 
145,167 
153,821 
Creditors: amounts falling due within one year
(117,870)
(118,823)
Net current assets
27,297 
34,998 
Net assets
33,587 
43,729 
Capital and reserves
Profit and loss account
33,587 
43,729 
Shareholders' funds
33,587 
43,729 
For the year ending 30 June 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 March 2025 and were signed on its behalf by
Michael Burgess Director Company Registration No. 12058667
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C&M MERCHANTS & HIRE LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
C&M MERCHANTS & HIRE LTD is a private company, limited by shares, registered in England and Wales, registration number 12058667. The registered office is 84-86 Reddish Road, Stockport, SK5 7QJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Going concern
The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future. The directors have carefully reviewed the company's current financial position, future cash flows, and the availability of financing, and they have assessed the company's ability to meet its obligations as they fall due.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight Line 5 Years
Computer equipment
Straight Line 5 Years
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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C&M MERCHANTS & HIRE LTD Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
11,756 
452 
12,208 
At 30 June 2024
11,756 
452 
12,208 
Depreciation
At 1 July 2023
3,123 
354 
3,477 
Charge for the year
2,351 
90 
2,441 
At 30 June 2024
5,474 
444 
5,918 
Net book value
At 30 June 2024
6,282 
8 
6,290 
At 30 June 2023
8,633 
98 
8,731 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,739 
26,781 
Other debtors
9,484 
17,019 
23,223 
43,800 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
32,685 
32,047 
VAT
21,581 
15,267 
Trade creditors
41,365 
49,685 
Taxes and social security
19,287 
19,447 
Other creditors
- 
2,377 
Loans from directors
2,952 
- 
117,870 
118,823 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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