CADENCE NETWORKS LTD

Company Registration Number:
06852472 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 April 2021

End date: 31 December 2021

CADENCE NETWORKS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

CADENCE NETWORKS LTD

Balance sheet

As at 31 December 2021


Notes

31 December 2021

31 March 2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 36,961 36,961
Tangible assets: 4 10,307 13,727
Total fixed assets: 47,268 50,688
Current assets
Debtors:   25,936 23,708
Cash at bank and in hand: 27,720 9,003
Total current assets: 53,656 32,711
Creditors: amounts falling due within one year:   (40,047) (44,472)
Net current assets (liabilities): 13,609 (11,761)
Total assets less current liabilities: 60,877 38,927
Creditors: amounts falling due after more than one year:   (22,244) (25,000)
Total net assets (liabilities): 38,633 13,927
Capital and reserves
Called up share capital: 1,000 1,000
Other reserves: 36,961 36,961
Profit and loss account: 672 (24,034)
Shareholders funds: 38,633 13,927

The notes form part of these financial statements

CADENCE NETWORKS LTD

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 September 2022
and signed on behalf of the board by:

Name: Adam Gent
Status: Director

The notes form part of these financial statements

CADENCE NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CADENCE NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

31 December 2021 31 March 2021
Average number of employees during the period 2 2

CADENCE NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Intangible Assets

Total
Cost £
At 01 April 2021 36,961
At 31 December 2021 36,961
Amortisation
At 01 April 2021 0
Charge for year 0
At 31 December 2021 0
Net book value
At 31 December 2021 36,961
At 31 March 2021 36,961

CADENCE NETWORKS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Tangible Assets

Total
Cost £
At 01 April 2021 81,236
At 31 December 2021 81,236
Depreciation
At 01 April 2021 67,509
Charge for year 3,420
At 31 December 2021 70,929
Net book value
At 31 December 2021 10,307
At 31 March 2021 13,727