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Registered number: 11729333
Cmere Pulluck Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
DEB Chartered Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 11729333
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 103,250 114,952
103,250 114,952
CURRENT ASSETS
Stocks 3,972 4,396
Debtors 5 11,320 15,031
Cash at bank and in hand 66,404 135,343
81,696 154,770
Creditors: Amounts Falling Due Within One Year 6 (64,697 ) (84,939 )
NET CURRENT ASSETS (LIABILITIES) 16,999 69,831
TOTAL ASSETS LESS CURRENT LIABILITIES 120,249 184,783
Creditors: Amounts Falling Due After More Than One Year 7 (139,254 ) (168,584 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 9 (9,218 ) (10,264 )
NET (LIABILITIES)/ASSETS (28,223 ) 5,935
CAPITAL AND RESERVES
Called up share capital 11 100 100
Profit and Loss Account (28,323 ) 5,835
SHAREHOLDERS' FUNDS (28,223) 5,935
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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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr James Salt
Director
30/09/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Cmere Pulluck Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11729333 . The registered office is 362 Pontefract Road, Lundwood, Barnsley, South Yorkshire, S71 5JY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold straight line over remainder of lease
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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2.6. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 18 (2023: 19)
18 19
4. Tangible Assets
Land & Property
Leasehold Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 January 2024 135,609 2,228 195,052 332,889
Additions - 16,629 - 16,629
Disposals - (2,228 ) - (2,228 )
As at 31 December 2024 135,609 16,629 195,052 347,290
Depreciation
As at 1 January 2024 67,313 1,782 148,842 217,937
Provided during the period 13,560 2,883 11,553 27,996
Disposals - (1,893 ) - (1,893 )
As at 31 December 2024 80,873 2,772 160,395 244,040
Net Book Value
As at 31 December 2024 54,736 13,857 34,657 103,250
As at 1 January 2024 68,296 446 46,210 114,952
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 6,962 10,673
Prepayments and accrued income 4,358 4,358
11,320 15,031
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 6,339 11,519
Bank loans and overdrafts 26,000 26,000
PAYE creditor 2,856 2,503
VAT creditor 23,817 21,881
Wages creditor 5,072 2,793
Pension creditor - 238
Accruals and deferred income - 70
Directors' loan accounts 613 19,935
64,697 84,939
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 139,254 168,584
8. Secured Creditors
Of the creditors the following amounts are secured.
2024 2023
£ £
Bank loans and overdrafts 165,254 194,584
9. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 9,218 10,264
10. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 January 2024 10,264 10,264
Reversals (1,046 ) (1,046)
Balance at 31 December 2024 9,218 9,218
11. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
12. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 18,000 18,000
Later than one year and not later than five years 67,500 72,000
Later than five years 19,500 13,500
105,000 103,500
13. Related Party Transactions
The company is controlled by Mr J Salt & Mr H S Salt, directors and shareholders of the company.
The balance on the director's loan account Mr. J L Salt at 31st December 2024 was £613 due from the Company (2023 - £19,935).
The company has given a cross gaurantee in respect of borrowings in an associated company.
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