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Company Registration No. 8974855 (England and Wales)
C & M Wealth International Ltd Unaudited accounts for the year ended 31 December 2024
C & M Wealth International Ltd Unaudited accounts Contents
Page
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C & M Wealth International Ltd Company Information for the year ended 31 December 2024
Director
Changfei Li
Company Number
8974855 (England and Wales)
Registered Office
1 King William Street London EC4N 7AF
Accountants
Vincent Lim 70 Dowdeswell Close London SW15 5RL
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C & M Wealth International Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,746 
2,792 
Investments
1 
1 
3,747 
2,793 
Current assets
Debtors
27,795,480 
20,963,450 
Cash at bank and in hand
3,117,071 
1,529,298 
30,912,551 
22,492,748 
Creditors: amounts falling due within one year
(16,290,390)
(17,785,671)
Net current assets
14,622,161 
4,707,077 
Total assets less current liabilities
14,625,908 
4,709,870 
Creditors: amounts falling due after more than one year
(13,847,978)
(3,950,000)
Net assets
777,930 
759,870 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
777,927 
759,867 
Shareholders' funds
777,930 
759,870 
For the year ending 31 December 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 11 June 2025 and were signed on its behalf by
Changfei Li Director Company Registration No. 8974855
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C & M Wealth International Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
C & M Wealth International Ltd is a private company, limited by shares, registered in England and Wales, registration number 8974855. The registered office is 1 King William Street, London, EC4N 7AF.
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.
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:
Computer equipment
33%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
6,852 
Additions
3,366 
At 31 December 2024
10,218 
Depreciation
At 1 January 2024
4,060 
Charge for the year
2,412 
At 31 December 2024
6,472 
Net book value
At 31 December 2024
3,746 
At 31 December 2023
2,792 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2024
1 
Valuation at 31 December 2024
1 
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C & M Wealth International Ltd Notes to the Accounts for the year ended 31 December 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
9,434,438 
12,183,684 
Amounts due from group undertakings etc.
11,498,591 
8,747,035 
Accrued income and prepayments
396 
18,704 
Other debtors
6,862,055 
14,027 
27,795,480 
20,963,450 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
133,368 
Trade creditors
16,072,524 
17,469,503 
Taxes and social security
95,678 
81,283 
Other creditors
118,818 
97,892 
Accruals
3,370 
3,625 
16,290,390 
17,785,671 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Trade creditors
13,847,978 
3,950,000 
9
Transactions with related parties
During the year, C & M Wealth International Ltd earned interest income of £260,154.73 (2023: £0) from its wholly owned subsidiary, C&M Wealth SPV1 Ltd (Company number 13929971). Mr Changfei Li is a director of both C&M Wealth International Ltd and C&M Wealth SPV1 Ltd. The interest income arose from financial arrangements between the two companies in the normal course of business. The terms of the transactions were made on an arm’s length basis.
10
Average number of employees
During the year the average number of employees was 7 (2023: 7).
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