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Registration number: 11034611

CGA Holdings Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 January 2025

CGA Holdings Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 9

CGA Holdings Ltd

Company Information

Directors | Mr P Williams Mrs D T Williams

Registered office | Redwoods 2 Clyst Works Clyst Road, Topsham Exeter Devon EX3 0DB

Accountants | Redwoods Chartered Certified Accountants2 Clyst Works Clyst Road Topsham Exeter Devon EX3 0DB

CGA Holdings Ltd

(Registration number: 11034611)
Balance Sheet as at 31 January 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 70,224 | 59,499
Investment property | 5 | 483,237 | 456,097
Investments | 6 | 10 | 10
|  | 553,471 | 515,606
Current assets |  |  |
Debtors | 7 | 11,057 | 16,500
Cash at bank and in hand |  | 66,467 | 180,972
|  | 77,524 | 197,472
Creditors: Amounts falling due within one year | 8 | (46,062) | (6,229)
Net current assets |  | 31,462 | 191,243
Total assets less current liabilities |  | 584,933 | 706,849
Provisions for liabilities |  | (19,962) | (27,964)
Net assets |  | 564,971 | 678,885
Capital and reserves |  |  |
Called up share capital | 9 | 10 | 10
Other reserves |  | 51,188 | 45,760
Retained earnings |  | 513,773 | 633,115
Shareholders' funds |  | 564,971 | 678,885

For the financial year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 17 July 2025 and signed on its behalf by:

......................................... Mr P Williams Director

CGA Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Redwoods
2 Clyst Works
Clyst Road, Topsham
Exeter
Devon
EX3 0DB

These financial statements were authorised for issue by the Board on 17 July 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The accounts are prepared in £ sterling and are rounded to £1.

Judgements

In the application of the company`s accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

CGA Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Motor vehicles | 20% reducing balance
Plant and machinery | 20% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

CGA Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

CGA Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

Financial instruments

Classification
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities, such as trade and other accounts receivable and payable and loans from banks/other third parties.
Recognition and measurement
Debt instruments like loans are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payable or receivables, are measured initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. In the case of a non current liability not at a market rate of interest, the financial liability is measured initially and subsequently at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Impairment
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss. For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset’s carrying amount and the present value of estimated cash flows, discounted at the assets original effective interest rate. For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset’s carrying amount and the best estimate, which is an
approximation, of the amount that the company would receive for the asset if it were to be sold at the reporting date. Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

CGA Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 February 2024 | 31,794 | 46,740 | 78,534
Additions | 11,741 | 19,100 | 30,841
Disposals | - | (5,000) | (5,000)
At 31 January 2025 | 43,535 | 60,840 | 104,375
Depreciation
At 1 February 2024 | 6,359 | 12,676 | 19,035
Charge for the year | 7,435 | 10,121 | 17,556
Eliminated on disposal | - | (2,440) | (2,440)
At 31 January 2025 | 13,794 | 20,357 | 34,151
Carrying amount
At 31 January 2025 | 29,741 | 40,483 | 70,224
At 31 January 2024 | 25,435 | 34,064 | 59,499

5 | Investment properties

| 2025 £
At 1 February | 456,097
Additions | 27,140
At 31 January | 483,237

The fair value of the property at 31st January 2025 has been arrived at on the basis of a valuation carried out by the directors who are not professionally qualified valuers. The valuation is not considered to be materially different from the original cost of the property when it was initially purchased.

There has been no valuation of investment property by an independent valuer.

CGA Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

6 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 10 | 10

Subsidiaries | £
Cost or valuation
At 1 February 2024 | 10
Provision
Carrying amount
At 31 January 2025 | 10
At 31 January 2024 | 10

7 | Debtors

| 2025 £ | 2024 £
Other debtors | 5,500 | 14,200
Prepayments | 5,557 | 2,300
| 11,057 | 16,500

8 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 3,950 | 2,567
Accruals and deferred income | 1,200 | 900
Other creditors | 40,912 | 2,762
| 46,062 | 6,229

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary share of £1 each | 10 | 10 | 10 | 10

CGA Holdings Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2025

10 | Related party transactions

Summary of transactions with subsidiaries

The company owns 100% of the shares in DJH Roofing Ltd.
During the year the company has received dividends of £NIL (2024 - £304,000).
DJH Roofing Ltd occupies premises owned by the company and has paid rent of £24,000 (2024 - £24,000). In addition payments have been received for the hire of vehicles and caravans that are owned by the company in the sum of £21,512 (2024 - £17,174)
A loan has been made availbale to DJH Roofing Ltd during the year. At the year end the amount owed to CGA Holdings was £40,912 (2024 - £2,762).