Registration number: 14275960

CMA Lettings and Developments Ltd

Contents

Company Information	1
Directors' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 8

CMA Lettings and Developments Ltd

Company Information

Directors

Mr Christopher McGinley Mr Christopher Allender

Registered office

Stanton Building Colliery Lane Thurnscoe Rotherham S63 0JF

CMA Lettings and Developments Ltd

Directors' Report for the Year Ended 31 March 2025

The directors present their report and the financial statements for the year ended 31 March 2025.

Directors of the company

The directors who held office during the year were as follows:

Mr Christopher McGinley

Mr Christopher Allender

Principal activity

The principal activity of the company is property letting

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 23 April 2025 and signed on its behalf by:
 

......................................... Mr Christopher Allender Director

CMA Lettings and Developments Ltd

(Registration number: 14275960)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	3,470,009	3,470,009
Current assets
Debtors	5	821	50,000
Cash at bank and in hand		115,559	10,894
		116,380	60,894
Creditors: Amounts falling due within one year	6	(2,697,285)	(3,478,317)
Net current liabilities		(2,580,905)	(3,417,423)
Total assets less current liabilities		889,104	52,586
Creditors: Amounts falling due after more than one year	6	(733,166)	-
Net assets		155,938	52,586
Capital and reserves
Called up share capital	7	100	100
Retained earnings		155,838	52,486
Shareholders' funds		155,938	52,586

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 23 April 2025 and signed on its behalf by:
 

......................................... Mr Christopher Allender Director

CMA Lettings and Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Stanton Building
Colliery Lane
Thurnscoe
Rotherham
S63 0JF

These financial statements were authorised for issue by the Board on 23 April 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

CMA Lettings and Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

CMA Lettings and Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 4).

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 April 2024	3,470,009	3,470,009
At 31 March 2025	3,470,009	3,470,009
Depreciation
Carrying amount
At 31 March 2025	3,470,009	3,470,009
At 31 March 2024	3,470,009	3,470,009

Included within the net book value of land and buildings above is £3,470,009 (2024 - £3,470,009) in respect of freehold land and buildings.
 

5

Debtors

Current	Note	2025 £	2024 £
Amounts owed by related parties	9	-	48,000
Prepayments		768	1,608
Other debtors		53	392
		821	50,000

CMA Lettings and Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	2,657,791	3,454,525
Trade creditors		-	872
Taxation and social security		38,324	21,750
Accruals and deferred income		500	500
Other creditors		670	670
		2,697,285	3,478,317

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	733,166	-

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary Shares of £1 each	100	100	100	100

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	733,166	-

Current loans and borrowings

	2025 £	2024 £
Other borrowings	2,657,791	3,454,525

CMA Lettings and Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9	Related party transactions

Summary of transactions with other related parties

During the year £165,000 rent was charged from CMA Lettings and Development Ltd to 2AM Management Company Ltd (2023: £60,000). The balance outstanding at the end of the year was nil (2023 - £48,000) owing from 2AM Management Company Ltd.