REGISTERED NUMBER: 10553711 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

CMY DEALS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A Muzaffar

REGISTERED OFFICE:

Unit 5 Coldwall Industrial Estate

Spotland Road

Rochdale

OL12 7BD

REGISTERED NUMBER:

10553711 (England and Wales)

ACCOUNTANTS:

HM Accountax Ltd

Chartered Certified Accountants

86-90 Paul Street

Islington

London

EC2A 4NE

FIXED ASSETS

Tangible assets

4

6,045

7,314

CURRENT ASSETS

Stocks

5

247,816

194,110

Debtors

6

125,840

210,512

Cash at bank and in hand

36,801

64,898

410,457

469,520

CREDITORS

Amounts falling due within one year

7

284,349

353,117

NET CURRENT ASSETS

126,108

116,403

TOTAL ASSETS LESS CURRENT LIABILITIES

132,153

123,717

CREDITORS

Amounts falling due after more than one year

8

27,784

32,835

NET ASSETS

104,369

90,882

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

104,269

90,782

SHAREHOLDERS' FUNDS

104,369

90,882

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 31 December 2025 and were signed by:

Mr A Muzaffar - Director

1.	STATUTORY INFORMATION

Cmy Deals 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Tangible fixed assets

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

Fixtures and fittings

-

33% on 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

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 7 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

12,195

-

12,195

Additions

725

3,388

4,113

At 31 December 2024

12,920

3,388

16,308

DEPRECIATION

At 1 January 2024

4,881

-

4,881

Charge for year

4,264

1,118

5,382

At 31 December 2024

9,145

1,118

10,263

NET BOOK VALUE

At 31 December 2024

3,775

2,270

6,045

At 31 December 2023

7,314

-

7,314

5.

STOCKS

2024

2023

£

£

Stocks

247,816

194,110

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

125,840

210,512

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

15,363

15,231

Tax

6,318

2,857

Social security and other taxes

14,732

14,823

VAT

89,845

82,696

Other creditors

121,152

185,498

Directors' current accounts

6,880

48,512

Accrued expenses

30,059

3,500

284,349

353,117

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Other creditors

27,784

32,835

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary shares

£1

100

100

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A Muzaffar.