CPP - LM Limited


FINANCIAL STATEMENTS


for the year ended 30th November 2024



CPP - LM Limited

CONTENTS

for the year ended 30th November 2024







The Accounts are comprised of the following:

Statement of Financial Position

Notes to the Accounts



Please note that the Accounts comprise of HTML and iXBRL source code and that this is a printed or visual representation of that source code some of which will not be displayed or printed.

CPP - LM Limited

Company No. 01463285

STATEMENT OF FINANCIAL POSITION

as at 30th November 2024

20242023
Note£££
FIXED ASSETS
Property, plant and equipment417479541731143
17479541731143
CURRENT ASSETS
Stocks5682912099
Debtors6144626185382
Cash at bank and in hand355240332464
506695529945
CURRENT LIABILITIES
Creditors: amounts falling due
within one year7458992454317
NET CURRENT ASSETS4770375628
TOTAL ASSETS LESS CURRENT LIABILITIES17956571806771
 
Creditors: amounts falling due
after more than one year810898151112000
 
NET ASSETS705842694771
 
CAPITAL AND RESERVES
Called up share capital230230
Retained earnings705612694541
SHAREHOLDERS FUNDS705842694771

The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies which are subject to the small companies' regime. The Income Statement has not been delivered to the Registrar of Companies.

For the year ended 30th November 2024 the Company is entitled to the exemption from the requirement to obtain an audit conferred by section 477 of the Companies Act 2006 and the members have not required the company to obtain an audit in accordance with section 476 of the Act.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the Board on 2 June 2025


A L Youseman

Director

Company Number 01463285 (England)

CPP - LM Limited

NOTES TO THE ACCOUNTS

for the year ended 30th November 2024


1   Statutory information

CPP - LM Limited is a private company limited by shares and registered under company number 01463285 in England. Its registered office address is K8 Lower Road, Northfleet, Gravesend, Kent, England, DA11 9BL.

These financial statements are presented in Sterling, which is the functional currency of the company.

2   Accounting policies

Basis of preparation of financial statements

The accounts have been prepared under the historical cost convention in accordance with the accounting policies set out below, and in accordance with Financial Reporting Standard 102 Section 1A and the Companies Act 2006.

Income Recognition

Revenue is measured at the fair value of the consideration received or receivable. Turnover is shown net of value added tax, returns, rebates and discounts. Revenue is recognised for the sale of goods when the vendor has transferred the significant risks and rewards of ownership, it is possible that the economic benefit will flow to the entity and the revenue and associated costs can be reliably measured.

Depreciation

Depreciation is provided on all property, plant and equipment, 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:

Plant, machinery and vehicles25% reducing balance

Stocks

Stocks are valued at the lower of cost and expected selling price less any costs to sell.

Leasing

Assets, obtained under hire purchase contracts and finance leases, are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account on a straight line basis.

Pensions

The Company operates a defined contribution pension scheme. Contributions are charged to the Income Statement as they become payable in accordance with the rules of the scheme.

3   Employee information

The average number of employees during the accounting period was 16 (2023 - 17).

4   Property, plant and equipment
 
PlantFixtures
Land andandand
BuildingsMachineryFittingsTotal
££££
Cost
At 1st December 2023 91935017366172321542888121
Additions-1036272720106347
At 30th November 202491935018402442348742994468
 
Depreciation
At 1st December 2023 -1079717772611156978
Charge for year-501323940489536
At 30th November 2024-11298491166651246514
 
Net Book Value
At 30th November 20249193507103951182091747954
At 30th November 20239193506569001548931731143

5   Stocks20242023
££
 
Finished goods and goods for resale682912099
682912099

The difference between purchase price or production cost of stocks and their replacement cost is not material.


6   Debtors20242023
££
 
Trade Debtors144626185382
144626185382

7   Creditors: amounts falling due within one year20242023
££
 
Loans and Overdrafts2800033636
Trade Creditors12421386555
Corporation tax3609426309
Taxes and social security costs120605117572
Other creditors119523136751
Accruals and deferred income3055753494
458992454317

8   Creditors: amounts falling due after one year20242023
££
 
Loans and Overdrafts10898151112000
10898151112000

9   Loans20242023
££
Analysis of maturity of debt:
 
Within one year2800033636
Between one and five years10898151112000
11178151145636
Secured loans602000626000

Loans are secured by mortgage


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