Company Registration No. 13989552 (England and Wales)
CMG Properties Ltd
Unaudited accounts
for the year ended 31 March 2026
CMG Properties Ltd
Unaudited accounts
Contents
CMG Properties Ltd
Company Information
for the year ended 31 March 2026
Director
Christopher Gowans
Company Number
13989552 (England and Wales)
Registered Office
134 Biddulph Road
Congleton
Cheshire
CW12 3LY
England
Accountants
Elevate Accounting Solutions Limited
14 John Bradshaw Court
Alexandria Way
Congleton
CW12 1LB
CMG Properties Ltd
Statement of financial position
as at 31 March 2026
Investment property
501,743
501,743
Cash at bank and in hand
1,246
2,354
Creditors: amounts falling due within one year
(74,832)
(70,435)
Net current liabilities
(73,586)
(68,081)
Total assets less current liabilities
428,157
433,662
Creditors: amounts falling due after more than one year
(396,643)
(412,251)
Called up share capital
1
1
Profit and loss account
31,513
21,410
Shareholders' funds
31,514
21,411
For the year ending 31 March 2026 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 director acknowledges his 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 and authorised for issue on 21 May 2026 and were signed on its behalf by
Christopher Gowans
Director
Company Registration No. 13989552
CMG Properties Ltd
Notes to the Accounts
for the year ended 31 March 2026
CMG Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 13989552. The registered office is 134 Biddulph Road, Congleton, Cheshire, CW12 3LY, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property is included at market fair value. Gains are recognised in the income statement.
Fair value at 1 April 2025
501,743
5
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
13,107
12,696
Taxes and social security
2,308
2,305
Loans from directors
58,605
54,643
The amounts disclosed in bank loans are secured against the investment property of the company.
CMG Properties Ltd
Notes to the Accounts
for the year ended 31 March 2026
6
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
161,605
174,713
Other creditors
235,038
237,538
Aggregate of amounts that fall due for payment after five years
108,329
122,600
The amounts disclosed in bank loans are secured against the investment property of the company.
7
Transactions with related parties
The amount disclosed in other creditors due after more than one year relates to a loan from Let's Go Catering Limited (registered in England & Wales - company number 11321762) which a related party by virtue of common shareholding and directorship.
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).