REGISTERED NUMBER: 08296163 (England and Wales)

CVO Project Management Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C D Vallance-Owen

J J Vallance-Owen

SECRETARY:

Mrs K L Vallance-Owen

REGISTERED OFFICE:

Mechanics House

12 Chester Road

Pentre

Deeside

Flintshire

CH5 2AA

REGISTERED NUMBER:

08296163 (England and Wales)

ACCOUNTANTS:

Henry R. Davis & Co. Limited

Chartered Accountants

Mechanics House,

12 Chester Road,

Pentre, Deeside

Flintshire

CH5 2AA

FIXED ASSETS

Intangible assets

4

-

-

Investment property

5

97,988

95,000

97,988

95,000

CURRENT ASSETS

Debtors

6

21,665

23,366

Cash at bank

1,408

13,139

23,073

36,505

CREDITORS

Amounts falling due within one year

7

138,949

156,641

NET CURRENT LIABILITIES

(115,876

)

(120,136

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(17,888

)

(25,136

)

CAPITAL AND RESERVES

Called up share capital

10

10

Fair value reserve

8

8,257

6,030

Retained earnings

(26,155

)

(31,176

)

SHAREHOLDERS' FUNDS

(17,888

)

(25,136

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 November 2025 and were signed on its behalf by:

C D Vallance-Owen - Director

1.	STATUTORY INFORMATION

CVO Project Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise fee are being amortised evenly over their estimated useful life of five years.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

The company is dependent on the continued support of the director and also the bank. The financial statements have been prepared on the going concern basis which assumes that this support will be forthcoming.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

28,000

AMORTISATION

At 1 April 2024

and 31 March 2025

28,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

95,000

Additions

238

Revaluations

2,750

At 31 March 2025

97,988

NET BOOK VALUE

At 31 March 2025

97,988

At 31 March 2024

95,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2023

5,042

Valuation in 2024

2,402

Valuation in 2025

2,750

Cost

87,794

97,988

If investment property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

87,794

85,456

investment property was valued on an open market basis on 31 March 2025 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts recoverable on contract

17,500

17,500

Other debtors

4,165

5,866

21,665

23,366

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

138,949

156,641

8.

RESERVES

Fair

value

reserve

£

At 1 April 2024

6,030

Non distributable transfer

2,227

At 31 March 2025

8,257

9.	ULTIMATE CONTROLLING PARTY

The controlling party is C D Vallance-Owen.