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Registered number: 03607962
C M Lettings Ltd
Unaudited Financial Statements
For The Year Ended 31 January 2026
CCF Accountancy Limited
Chartered Certified Accountants & Chartered Tax Advisers
20 Victoria Avenue
Harrogate
HG1 5QY
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03607962
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,008 1,512
Investment Properties 5 2,239,667 2,239,667
2,240,675 2,241,179
CURRENT ASSETS
Cash at bank and in hand 118,882 177,564
118,882 177,564
Creditors: Amounts Falling Due Within One Year 6 (124,479 ) (171,363 )
NET CURRENT ASSETS (LIABILITIES) (5,597 ) 6,201
TOTAL ASSETS LESS CURRENT LIABILITIES 2,235,078 2,247,380
PROVISIONS FOR LIABILITIES
Deferred Taxation (108,230 ) (108,230 )
NET ASSETS 2,126,848 2,139,150
CAPITAL AND RESERVES
Called up share capital 7 100 100
Revaluation reserve 8 854,190 854,190
Profit and Loss Account 1,272,558 1,284,860
SHAREHOLDERS' FUNDS 2,126,848 2,139,150
Page 1
Page 2
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Cathryn Gath
Director
22/04/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
C M Lettings Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 03607962 . The registered office is Park House Main Street, Sutton-On-The-Forest, York, YO61 1DP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 33.33% Reducing Balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 February 2025 2,484
As at 31 January 2026 2,484
Depreciation
As at 1 February 2025 972
Provided during the period 504
As at 31 January 2026 1,476
Net Book Value
As at 31 January 2026 1,008
As at 1 February 2025 1,512
5. Investment Property
2026
£
Fair Value
As at 1 February 2025 and 31 January 2026 2,239,667
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Corporation tax 5,969 13,394
Other taxes and social security 514 515
Other creditors 15 207
Accruals and deferred income 1,222 1,165
Director's loan account 116,759 156,082
124,479 171,363
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
Page 4
Page 5
8. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 February 2025 854,190 1,284,860
Profit for the year and total comprehensive income - 25,103
Dividends paid - (37,405)
As at 31 January 2026 854,190 1,272,558
Page 5