Registered number
00946771
C.& M.CONTRACTORS(MANCHESTER)LIMITED
Unaudited Filleted Accounts
31 March 2025
C.& M.CONTRACTORS(MANCHESTER)LIMITED
Registered number: 00946771
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Current assets
Cash at bank and in hand 804,019 844,220
Creditors: amounts falling due within one year 4 (34,154) (45,319)
Net current assets 769,865 798,901
Total assets less current liabilities 769,865 798,901
Creditors: amounts falling due after more than one year 6 (200,000) (200,000)
Net assets 569,865 598,901
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 568,865 597,901
Shareholder's funds 569,865 598,901
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Francis Martin Moran
Director
Approved by the board on 9 May 2025
C.& M.CONTRACTORS(MANCHESTER)LIMITED
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
1.1 Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
1.2 Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
2 Government grants
Grants are accounted under the accrual model as permited by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit and loss at the same time as the depreciation on the assets to which the grant relates. The deferred element of grants is inculded in creditors as deferred income. Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.
1.4 Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
1.5 Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
1.6 Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
1.7 Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
1.8 Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
1.9 Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
1.1 Pensions
Contributions to defined contribution plans are expensed in the period to which they relate. Amoutns not paid are shown in accruals as a liability in the Balance sheet.
3 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
4 Creditors: amounts falling due within one year 2025 2024
£ £
Accruals 2,400 2,400
Trade creditors 16,243 30,014
Taxation and social security costs 1,833 754
Other creditors 13,678 12,151
34,154 45,319
5 Dididends
Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual ge neral meeting.
2025 2024
£ £
Dividends declared and paid 35,100 37,400
6 Creditors: amounts falling due after one year 2025 2024
£ £
Other creditors 200,000 200,000
7 Other information
C.& M.CONTRACTORS(MANCHESTER)LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Planetree House
21-23 Oldham Street
Manchester
England
M1 1JG
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