REGISTERED NUMBER: 10433513 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

CMIG Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Leigh

Mrs J H Leigh

REGISTERED OFFICE:

Archwood House

46/48 Long Street

Middleton

Manchester

Greater Manchester

M24 6UQ

REGISTERED NUMBER:

10433513 (England and Wales)

ACCOUNTANTS:

Archwood Accountants

Archwood House

46-48 Long Street

Middleton

Manchester

M24 6UQ

FIXED ASSETS

Property, plant and equipment

4

66,301

5,991

CURRENT ASSETS

Debtors

5

50,034

50,000

Cash at bank and in hand

301,589

292,823

351,623

342,823

CREDITORS

Amounts falling due within one year

6

64,564

71,998

NET CURRENT ASSETS

287,059

270,825

TOTAL ASSETS LESS CURRENT LIABILITIES

353,360

276,816

CREDITORS

Amounts falling due after more than one year

7

(254,186

)

(254,186

)

PROVISIONS FOR LIABILITIES

(11,644

)

(1,098

)

NET ASSETS

87,530

21,532

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

87,430

21,432

87,530

21,532

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 11 December 2025 and were signed on its behalf by:

C Leigh - Director

1.	STATUTORY INFORMATION

CMIG Ltd 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

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

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

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 2 (2024 - 19 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 April 2024

16,388

4,611

20,999

Additions

72,108

-

72,108

At 31 March 2025

88,496

4,611

93,107

DEPRECIATION

At 1 April 2024

10,865

4,143

15,008

Charge for year

11,644

154

11,798

At 31 March 2025

22,509

4,297

26,806

NET BOOK VALUE

At 31 March 2025

65,987

314

66,301

At 31 March 2024

5,523

468

5,991

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

50,034

50,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Tax

3,808

4,244

Social security and other taxes

4,099

11,097

Pensions creditor

204

204

Directors' current accounts

3,771

3,771

Accrued expenses

52,682

52,682

64,564

71,998

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

254,186

254,186