CAMBCOL LTD

Company Registration Number:
09351538 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

CAMBCOL LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

CAMBCOL LTD

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 740,859 858,132
Total fixed assets: 740,859 858,132
Current assets
Stocks: 25,535 25,535
Debtors: 4 427,331 289,553
Total current assets: 452,866 315,088
Creditors: amounts falling due within one year: 5 (1,220,697) (911,836)
Net current assets (liabilities): (767,831) (596,748)
Total assets less current liabilities: (26,972) 261,384
Creditors: amounts falling due after more than one year: 6 (1,722,543) (1,315,224)
Total net assets (liabilities): (1,749,515) (1,053,840)
Capital and reserves
Called up share capital: 173 173
Share premium account: 700,300 600,300
Profit and loss account: (2,449,988) (1,654,313)
Shareholders funds: (1,749,515) (1,053,840)

The notes form part of these financial statements

CAMBCOL LTD

Balance sheet statements

For the year ending 31 December 2022 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 29 September 2023
and signed on behalf of the board by:

Name: Jonathan Fitton
Status: Director

The notes form part of these financial statements

CAMBCOL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

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

CAMBCOL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 12 12

CAMBCOL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
At 01 January 2022 1,352,410
Additions 66,721
At 31 December 2022 1,419,131
Depreciation
At 01 January 2022 494,278
Charge for year 183,994
At 31 December 2022 678,272
Net book value
At 31 December 2022 740,859
At 31 December 2021 858,132

CAMBCOL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 2021
££
Debtors due after more than one year: 0 0

CAMBCOL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

The bank loans and overdraft are secured by a fixed and floating charge over the assets of the company.The finance leases are secured on the assets concerned.

CAMBCOL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due after more than one year note

Included within creditors are secured debts amounting to £543,238 (2021 £324,116). The bank loans and overdraft are secured by a fixed and floating charge over the assets of the company.The finance leases are secured on the fixed assets to which they relate.

CAMBCOL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

7. Related party transactions

Name of the related party: Cambcol Laboratories Limited
Relationship:
Common Control of director
Description of the Transaction: During the year the Company operated loans with Cambcol Laboratories Limited, a company under common control of the director. The amount owed to the Company at the year end was £397,905 (2021 £252,510). The loan is interest free and repayable upon demand.
£
Balance at 01 January 2022 252,510
Balance at 31 December 2022 397,905