Company Registration No. SC134307 (Scotland)
CMI PROPERTIES LTD.
Unaudited accounts
for the year ended 31 March 2025
CMI PROPERTIES LTD.
Unaudited accounts
Contents
CMI PROPERTIES LTD.
Statement of financial position
as at 31 March 2025
Tangible assets
2,196,111
2,186,457
Cash at bank and in hand
36,181
29,708
Creditors: amounts falling due within one year
(26,607)
(21,937)
Net current assets
706,709
698,890
Total assets less current liabilities
2,902,820
2,885,347
Creditors: amounts falling due after more than one year
(284,661)
(300,353)
Provisions for liabilities
Other provisions
(96,898)
(96,898)
Net assets
2,521,261
2,488,096
Called up share capital
2
2
Revaluation reserve
413,091
413,091
Profit and loss account
2,108,168
2,075,003
Shareholders' funds
2,521,261
2,488,096
For the year ending 31 March 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by
Craig McCaul
Director
Company Registration No. SC134307
CMI PROPERTIES LTD.
Notes to the Accounts
for the year ended 31 March 2025
CMI PROPERTIES LTD. is a private company, limited by shares, registered in Scotland, registration number SC134307. The registered office is 320 NORTH DEESIDE ROAD, CULTS, ABERDEEN, AB15 9SB, SCOTLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% straight line
Computer equipment
20% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2024
2,127,158
12,388
87,917
2,677
2,230,140
Additions
-
1,486
40,250
-
41,736
Disposals
-
-
(33,136)
-
(33,136)
At 31 March 2025
2,127,158
13,874
95,031
2,677
2,238,740
At 1 April 2024
-
6,660
34,882
2,141
43,683
Charge for the year
-
411
16,186
535
17,132
On disposals
-
-
(18,186)
-
(18,186)
At 31 March 2025
-
7,071
32,882
2,676
42,629
At 31 March 2025
2,127,158
6,803
62,149
1
2,196,111
At 31 March 2024
2,127,158
5,728
53,035
536
2,186,457
CMI PROPERTIES LTD.
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Amounts due from group undertakings etc.
700,990
695,030
Accrued income and prepayments
(10,353)
(10,279)
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
14,420
(1,458)
Loans from directors
10,735
21,943
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
233,750
261,250
Obligations under finance leases and hire purchase contracts
50,911
39,103
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).