CBME Holdings Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 14309226

CBME Holdings Ltd

Filleted Unaudited Financial Statements

31 December 2024

CBME Holdings Ltd

Statement of Financial Position

31 December 2024

	31 Dec 24	31 Aug 23
Note	£	£

Fixed assets

Tangible assets	4	615,324	409,318

Current assets

Cash at bank and in hand	36,206	9,838

Creditors: amounts falling due within one year	5	76,641	16,132
		--------	--------
Net current liabilities		40,435	6,294
		---------	---------
Total assets less current liabilities		574,889	403,024

Creditors: amounts falling due after more than one year	6	596,769	400,000
		---------	---------
Net (liabilities)/assets		( 21,880)	3,024
		---------	---------

Capital and reserves

Called up share capital	1,200	1,200
Profit and loss account	( 23,080)	1,824
	--------	-------
Shareholder (deficit)/funds	( 21,880)	3,024
	--------	-------

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 comprehensive income has not been delivered.

For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

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

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 26 September 2025 , and are signed on behalf of the board by:

C M McLeod
Director

Company registration number: 14309226

CBME Holdings Ltd

Notes to the Financial Statements

Period from 1 September 2023 to 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/O Naljets Ltd Hangar 1, Southside Newcastle International Airport, Newcastle Upon Tyne, NE13 8BT, United Kingdom.

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, as modified by the revaluation of investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity, rounded to the nearest £1. The year end date was extended to 31 December 2024 to facilitate reporting on a calendar year basis which in the director's opinion is more appropriate to the company's circumstances. The prior financial period covers the period from 22 August 2022 to 31 August 2023 and may not be entirely comparable with the current period.

Revenue recognition

The turnover shown in the profit and loss account represents rents receivable during the year, exclusive of Value Added Tax.

Income tax

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.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

4. Tangible assets

	Investment property
	£
Cost
At 1 September 2023	409,318
Additions	206,006
	---------
At 31 December 2024	615,324
	---------
Depreciation
At 1 September 2023 and 31 December 2024	–
	---------
Carrying amount
At 31 December 2024	615,324
	---------
At 31 August 2023	409,318
	---------

Investment property was valued at 31 December 2024 by the director at an open market valuation.

5. Creditors: amounts falling due within one year

	31 Dec 24	31 Aug 23
	£	£
Social security and other taxes	–	428
Other creditors	76,641	15,704
	--------	--------
	76,641	16,132
	--------	--------

6. Creditors: amounts falling due after more than one year

	31 Dec 24	31 Aug 23
	£	£
Other creditors	596,769	400,000
	---------	---------

Other creditors amounting to £596,769 (2023: £400,000) are secured over the property assets to which they relate.