CCM Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 08662253

CCM Holdings Limited

Filleted Unaudited Financial Statements

30 November 2024

CCM Holdings Limited

Financial Statements

Year Ended 30 November 2024

Contents	Pages

Statement of financial position	1 to 2

Notes to the financial statements	3 to 5

CCM Holdings Limited

Statement of Financial Position

30 November 2024

	2024		2023
Note	£	£	£

Fixed Assets

Investments	5		1,061,121	1,060,001

Current Assets

Debtors	6	3,071,688	2,113,575
Cash at bank and in hand		1,882	2,176
		------------	------------
		3,073,570	2,115,751

Creditors: amounts falling due within one year	7	2,780,097		1,190,633
		------------		------------
Net Current Assets			293,473	925,118
			------------	------------
Total Assets Less Current Liabilities			1,354,594	1,985,119

Creditors: amounts falling due after more than one year	8	621,343	1,267,589
		------------	------------
Net Assets		733,251	717,530
		------------	------------

Capital and Reserves

Called up share capital	10	10	10
Profit and loss account	11	733,241	717,520
		---------	---------
Shareholders Funds		733,251	717,530
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

CCM Holdings Limited

Statement of Financial Position (continued)

30 November 2024

These financial statements were approved by the board of directors and authorised for issue on 5 January 2026 , and are signed on behalf of the board by:

Mr G H Allen
Director

Company registration number: 08662253

CCM Holdings Limited

Notes to the Financial Statements

Year Ended 30 November 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Highfield House, Astwith Close, Holmewood, Chesterfield S42 5UR.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The entity has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the entity and its subsidiary undertakings comprise a small group.

Revenue recognition

Rental income represents the rents due for the year under operating leases all of which relate to properties in the United Kingdom.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Any fixed asset investment carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).

5. Investments

	Shares in group undertakings	Investment Properties	Total
	£	£	£
Cost
At 1 December 2023	100,001	960,000	1,060,001
Additions	1,120	–	1,120
	---------	---------	------------
At 30 November 2024	101,121	960,000	1,061,121
	---------	---------	------------
Impairment
At 1 December 2023 and 30 November 2024	–	–	–
	---------	---------	------------

Carrying amount
At 30 November 2024	101,121	960,000	1,061,121
	---------	---------	------------
At 30 November 2023	100,001	960,000	1,060,001
	---------	---------	------------

The fair value of the properties were made in the year by the directors, who have experience in the location and class of properties, on an open market value for existing use basis. No further input from an independent valuer was deemed to be required.

6. Debtors

	2024	2023
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	813,356	521,164
Other debtors	2,258,332	1,592,411
	------------	------------
	3,071,688	2,113,575
	------------	------------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	52,623	177,865
Trade creditors	8,239	1,956
Amounts owed to group undertakings and undertakings in which the company has a participating interest	337,576	191,151
Social security and other taxes	4,352	–
Other creditors	1,906,584	442,844
Other creditors	470,723	376,817
	------------	------------
	2,780,097	1,190,633
	------------	------------

8. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	354,464	161,907
Other creditors - due over one year	266,879	1,105,682
	---------	------------
	621,343	1,267,589
	---------	------------

Included within creditors: amounts falling due after more than five years is an amount of £180,885 (2023: £98,069) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.

9. Secured liabilities

The aggregate amount of secured liabilities, secured on the assets of the company at the year end were £407,087 (2023: £339,772).

10. Called up share capital

Issued, called up and fully paid

	2024		2023
	No.	£	No.	£
Ordinary shares of £ 1 each	10	10	10	10
	----	----	----	----

11. Reserves

Profit and loss account Both previous UK GAAP and FRS102 require investment properties to be stated in the accounts at their current market value, with no annual depreciation charge. However, while previous UK GAAP stipulated that the surplus on revaluation of the property should be held in the revaluation reserve which, being an unrealised surplus, did not form part of the company's distributable reserve, FRS102 requires that these surpluses, although still not distributable, be charged through the Profit and Loss Account. Consequently, the Profit and Loss Account reserve at 30 November 2024 includes a non-distributable amount of £nil (2023 - £nil).

12. Director's advances, credits and guarantees

There are no director's advances, credits or guarantees requiring disclosure.