CMG FINISHES LTD

CMG FINISHES LTD

CMG FINISHES LTD - Company Information

Print Friendly Version

29 October 2019 false No description of principal activity Taxfiler 2021.8 12286401business:PrivateLimitedCompanyLtd2019-10-292020-10-31 122864012019-10-28 122864012019-10-292020-10-31 12286401business:AuditExempt-NoAccountantsReport2019-10-292020-10-31 12286401business:FullAccounts2019-10-292020-10-31 122864012020-10-31 12286401business:Director12019-10-292020-10-31 12286401business:RegisteredOffice2019-10-292020-10-31 12286401core:WithinOneYear2020-10-31 12286401core:AfterOneYear2020-10-31 12286401core:RetainedEarningsAccumulatedLosses2020-10-31 12286401business:SmallEntities2019-10-292020-10-31 12286401countries:EnglandWales2019-10-292020-10-31 12286401core:MotorVehicles2019-10-28 12286401core:MotorVehicles2019-10-292020-10-31 12286401core:MotorVehicles2020-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12286401 (England and Wales)
CMG FINISHES LTD Unaudited accounts for the period from 29 October 2019 to 31 October 2020
CMG FINISHES LTD Unaudited accounts Contents
Page
- 2 -
CMG FINISHES LTD Company Information for the period from 29 October 2019 to 31 October 2020
Director
Conor MCGOURAN
Company Number
12286401 (England and Wales)
Registered Office
50 Lakes Lane Beaconsfield HP9 2LB
- 3 -
CMG FINISHES LTD Statement of financial position as at 31 October 2020
2020 
Notes
£ 
Fixed assets
Tangible assets
4
18,446 
Current assets
Debtors
5
11,395 
Cash at bank and in hand
5,547 
16,942 
Creditors: amounts falling due within one year
6
(5,287)
Net current assets
11,655 
Total assets less current liabilities
30,101 
Creditors: amounts falling due after more than one year
7
(17,924)
Net assets
12,177 
Capital and reserves
Profit and loss account
12,177 
Shareholders' funds
12,177 
For the period ending 31 October 2020 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 28 July 2021 and were signed on its behalf by
Conor MCGOURAN Director Company Registration No. 12286401
- 4 -
CMG FINISHES LTD Notes to the Accounts for the period from 29 October 2019 to 31 October 2020
1
Statutory information
CMG FINISHES LTD is a private company, limited by shares, registered in England and Wales, registration number 12286401. The registered office is 50 Lakes Lane, Beaconsfield, HP9 2LB.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 29 October 2019
- 
Additions
19,248 
At 31 October 2020
19,248 
Depreciation
Charge for the period
802 
At 31 October 2020
802 
Net book value
At 31 October 2020
18,446 
5
Debtors: amounts falling due within one year
2020 
£ 
Trade debtors
3,120 
Debtors: amounts falling due after more than one year
Other debtors
8,275 
- 5 -
CMG FINISHES LTD Notes to the Accounts for the period from 29 October 2019 to 31 October 2020
6
Creditors: amounts falling due within one year
2020 
£ 
Trade creditors
839 
Taxes and social security
4,448 
5,287 
7
Creditors: amounts falling due after more than one year
2020 
£ 
Obligations under finance leases and hire purchase contracts
17,924 
8
Average number of employees
During the period the average number of employees was 0.
- 6 -