CMS Wrexham Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05545902

CMS Wrexham Limited

Filleted Unaudited Financial Statements

31 March 2025

CMS Wrexham Limited

Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	6	322,860	330,062

Current assets

Stocks		37,500	29,500
Debtors	7	126,088	225,127
Cash at bank and in hand		568,619	418,732
		---------	---------
		732,207	673,359

Creditors: amounts falling due within one year	8	121,770	181,782
		---------	---------
Net current assets		610,437	491,577
		---------	---------
Total assets less current liabilities		933,297	821,639

Provisions	30,080	32,378
	---------	---------
Net assets	903,217	789,261
	---------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	903,216	789,260
	---------	---------
Shareholder funds	903,217	789,261
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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

Directors' responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

CMS Wrexham Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 22 September 2025 , and are signed on behalf of the board by:

Mr JM Roberts

Director

Company registration number: 05545902

CMS Wrexham Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 404 Ash Road North, Wrexham Industrial Estate, Wrexham, LL13 9UF.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	10% Reducing balance
Motor vehicles	-	20% Reducing balance
Equipment	-	20% Reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 13 (2024: 12 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 April 2024 and 31 March 2025	80,000
	--------
Amortisation
At 1 April 2024 and 31 March 2025	80,000
	--------
Carrying amount
At 31 March 2025	–
	--------
At 31 March 2024	–
	--------

6. Tangible assets

	Freehold property	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£	£
Cost
At 1 April 2024	200,548	546,463	39,250	7,128	793,389
Additions	–	3,595	–	5,487	9,082
Disposals	–	( 867)	–	–	( 867)
	---------	---------	--------	--------	---------
At 31 March 2025	200,548	549,191	39,250	12,615	801,604
	---------	---------	--------	--------	---------
Depreciation
At 1 April 2024	–	431,084	26,765	5,478	463,327
Charge for the year	–	11,848	2,497	1,427	15,772
Disposals	–	( 355)	–	–	( 355)
	---------	---------	--------	--------	---------
At 31 March 2025	–	442,577	29,262	6,905	478,744
	---------	---------	--------	--------	---------
Carrying amount
At 31 March 2025	200,548	106,614	9,988	5,710	322,860
	---------	---------	--------	--------	---------
At 31 March 2024	200,548	115,379	12,485	1,650	330,062
	---------	---------	--------	--------	---------

7. Debtors

	2025	2024
	£	£
Trade debtors	120,008	220,819
Other debtors	6,080	4,308
	---------	---------
	126,088	225,127
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	28,029	41,830
Social security and other taxes	86,768	128,159
Other creditors	6,973	11,793
	---------	---------
	121,770	181,782
	---------	---------

9. Directors' advances, credits and guarantees

During the year, the company operated a loan account with the directors. At the year end there was a directors loan account credit balance of £1,788 (2024 £1596).