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REGISTERED NUMBER: SC306590 (Scotland)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

CMC Plumbing And Heating Limited

CMC Plumbing And Heating Limited (Registered number: SC306590)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CMC Plumbing And Heating Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr C Mcguckin





REGISTERED OFFICE: 251 Main Street
Larbert
Falkirk
FK5 4RA





REGISTERED NUMBER: SC306590 (Scotland)





ACCOUNTANTS: Drummond Laurie CA
Unit 5
Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX

CMC Plumbing And Heating Limited (Registered number: SC306590)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,455 3,005

CURRENT ASSETS
Debtors 5 240 -
Cash at bank 807 -
1,047 -
CREDITORS
Amounts falling due within one year 6 (17,192 ) (4,228 )
NET CURRENT LIABILITIES (16,145 ) (4,228 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(13,690

)

(1,223

)

PROVISIONS FOR LIABILITIES - (644 )
NET LIABILITIES (13,690 ) (1,867 )

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (13,700 ) (1,877 )
SHAREHOLDERS' FUNDS (13,690 ) (1,867 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 8 May 2025 and were signed by:




Mr C Mcguckin - Director


CMC Plumbing And Heating Limited (Registered number: SC306590)

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

1. STATUTORY INFORMATION

CMC Plumbing and Heating Limited is a private company, limited by shares, domiciled in Scotland, registration number SC306590. The registered office is 251 Main Street, Larbert, Falkirk, FK5 4RA.

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.

During the year the company made a loss of £12,707 and at the balance sheet date its current liabilities exceeded its current assets by £16,145. The company meets its day to day working capital requirements through the continued support its director. With this continued support the director is confident that the company will meet its cash flow requirements. 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.

Turnover
Turnover represents net invoiced sales of goods and services in respect of plumbing and heating engineers, excluding value added tax. Sales are recognised at the point at which the goods are transferred and the service is complete.

Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are stated at cost less depreciation. Cost represent purchase price together with any incidental costs of acquisition.

The directors have considered the residual value of all tangible fixed assets to be immaterial and therefore all tangible fixed assets are depreciated to nil value.

Provisions
Provisions are recognised when the company has a legal or constructive obligation as a result of a past event, it is probable that an outflow of resources will be required to settle the obligation, and the amount has been reliably estimated. Provisions are not recognised for future operating losses. Provisions are discounted where the time value of money is material.

Where there are a number of similar obligations, the likelihood that an outflow will be required in settlement is determined by considering the class of obligations as a whole. A provision is recognised even if the likelihood of an outflow with respect to any one item included in the same class of obligations may be small.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

CMC Plumbing And Heating Limited (Registered number: SC306590)

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

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2023 623 13,215 1,482 15,320
Additions - - 299 299
At 31 August 2024 623 13,215 1,781 15,619
DEPRECIATION
At 1 September 2023 44 10,789 1,482 12,315
Charge for year 156 606 87 849
At 31 August 2024 200 11,395 1,569 13,164
NET BOOK VALUE
At 31 August 2024 423 1,820 212 2,455
At 31 August 2023 579 2,426 - 3,005

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 240 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts - 4,545
Trade creditors - 1
Taxation and social security (1,912 ) (2,314 )
Other creditors 19,104 1,996
17,192 4,228