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Company Registration No. 04622247 (England and Wales)
C3 Midlands Ltd. Unaudited accounts for the year ended 31 December 2024
C3 Midlands Ltd. Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
119,568
135,255
Current assets
Inventories
4,210
6,323
Debtors
409,670
195,288
Cash at bank and in hand
247,479
197,343
661,359
398,954
Creditors: amounts falling due within one year
(475,615)
(291,671)
Net current assets
185,744
107,283
Total assets less current liabilities
305,312
242,538
Provisions for liabilities
Deferred tax
(23,340)
(20,028)
Net assets
281,972
222,510
Capital and reserves
Called up share capital
100
100
Profit and loss account
281,872
222,410
Shareholders' funds
281,972
222,510
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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 1 September 2025 and were signed on its behalf by
Emrys Karemo Director Company Registration No. 04622247
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C3 Midlands Ltd. Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
C3 Midlands Ltd. is a private company, limited by shares, registered in England and Wales, registration number 04622247. The registered office is Unit 7 Hockley Industrial Estate, Pitsford Street, Birmingham, B18 6PT, England.
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:
Plant & machinery
20% reducing balance
Motor vehicles
20% straight line
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 January 2024
815,951
Additions
15,462
At 31 December 2024
831,413
Depreciation
At 1 January 2024
680,696
Charge for the year
31,149
At 31 December 2024
711,845
Net book value
At 31 December 2024
119,568
At 31 December 2023
135,255
5
Loans to directors
6
Controlling party
On 22 May 2024 the whole of the share capital of the company was acquired by C3Midlands Holdings Limited, a company incorporated in England and Wales having its registered office at the same address as this company.
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C3 Midlands Ltd. Notes to the Accounts for the year ended 31 December 2024
7
Average number of employees
During the year the average number of employees was 18 (2023: 18).
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