CMT Engineering Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09920464 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

CMT Engineering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs A Agrawal

REGISTERED OFFICE:

90 Corngreaves Road

Cradley Heath

West Midlands

B64 7DA

REGISTERED NUMBER:

09920464 (England and Wales)

ACCOUNTANTS:

Cox & Co Limited

Chartered Certified Accountants

3 Hagley Court North

The Waterfront

Dudley

West Midlands

DY5 1XF

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

426,575

387,633

Investments

6

66

-

426,641

387,633

CURRENT ASSETS

Stocks

3,345,401

3,573,322

Debtors

7

2,572,382

1,721,505

Cash at bank and in hand

222,430

410,926

6,140,213

5,705,753

CREDITORS

Amounts falling due within one year

8

(3,662,581

)

(3,614,918

)

NET CURRENT ASSETS

2,477,632

2,090,835

TOTAL ASSETS LESS CURRENT LIABILITIES

2,904,273

2,478,468

CREDITORS

Amounts falling due after more than one year

9

(796,277

)

(413,777

)

PROVISIONS FOR LIABILITIES

(76,599

)

(60,863

)

NET ASSETS

2,031,397

2,003,828

CAPITAL AND RESERVES

Called up share capital

12

500,000

Other reserves

459,650

Retained earnings

1,071,747

1,044,178

SHAREHOLDERS' FUNDS

2,031,397

2,003,828

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

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

The director acknowledges her 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 director and authorised for issue on 14 November 2025 and were signed by:

Mrs A Agrawal - Director

1.	STATUTORY INFORMATION

CMT Engineering 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.

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.

Other intangible fixed assets are being amortised evenly over their estimated useful life of ten years.

Domain name is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on cost and 10% on cost

Fixtures and fittings

-

20% on cost and 10% on cost

Motor vehicles

-

33% on cost and 10% on cost

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 41 (2024 - 42 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

COST

At 1 September 2024

and 31 August 2025

24,987

111

25,098

AMORTISATION

At 1 September 2024

and 31 August 2025

24,987

111

25,098

NET BOOK VALUE

At 31 August 2025

-

At 31 August 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 September 2024

732,241

95,247

62,435

45,646

935,569

Additions

141,722

12,964

-

944

155,630

At 31 August 2025

873,963

108,211

62,435

46,590

1,091,199

DEPRECIATION

At 1 September 2024

431,948

31,085

45,328

39,575

547,936

Charge for year

81,327

20,244

12,108

3,009

116,688

At 31 August 2025

513,275

51,329

57,436

42,584

664,624

NET BOOK VALUE

At 31 August 2025

360,688

56,882

4,999

4,006

426,575

At 31 August 2024

300,293

64,162

17,107

6,071

387,633

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 September 2024

and 31 August 2025

8,999

DEPRECIATION

At 1 September 2024

7,049

Charge for year

1,800

At 31 August 2025

8,849

NET BOOK VALUE

At 31 August 2025

150

At 31 August 2024

1,950

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

66

At 31 August 2025

66

NET BOOK VALUE

At 31 August 2025

66

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Trade debtors

1,458,909

1,603,849

Other debtors

1,113,473

117,656

2,572,382

1,721,505

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Hire purchase contracts (see note 10)

170

2,157

Trade creditors

962,434

845,681

Taxation and social security

164,324

198,178

Other creditors

2,535,653

2,568,902

3,662,581

3,614,918

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

Other creditors

796,277

413,777

10.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.8.25

31.8.24

£

Net obligations repayable:

Within one year

170

2,157

Non-cancellable

operating leases

31.8.25

31.8.24

£

Within one year

111,000

Between one and five years

222,000

333,000

11.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

Hire purchase contracts

170

2,157

Trade receivables finance

44,688

-

44,858

2,157

Hire purchase is secured upon the asset financed.

The trade receivables finance is secured on the book debts of the Company.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

500,000

Ordinary

£1

500,000

13.	CONTINGENT LIABILITIES

The Company has guaranteed bank loans of CMT Properties Limited, a company under the common control of the director. At the end of the year the outstanding bank loans subject to the guarantee were £1,757,185 (2024 - £1,795,389).

14.	RELATED PARTY DISCLOSURES

Included within other creditors after one year is an unsecured loan from the director. Interest at 8% per annum was charged on the outstanding balance (6% from August 2024). The balance outstanding at 31 August 2025 was £796,277 (2024 - £413,777).

Included within other creditors is a loan of £397,722 (2024 - £354,522) repayable on demand from CMT Properties Limited, a company which is under the control of the director. Interest of 6% was charged from 1 August 2021. Prior to this the loan was interest free.

Included within Other Debtors is a loan for £1,000,000 made to a Company controlled by a close family member of the Director. The loan is repayable on 30 June 2026 and interest is charged at 7% per annum.

15.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs A Agrawal.

16.	INVESTMENT IN SUBSIDIARY

The company holds a controlling interest of 55% of the issued share capital of CMT Foods Limited, a Company registered in England.

The Company has taken advantage of the exemption from preparing consolidated financial statements under s398 of the Companies Act 2006, as it qualifies as a small group.