Company registration number:
10301725
CDA South West Limited
Unaudited filleted abridged financial statements
31 July 2023
CDA South West Limited
Contents
Directors and other information
Abridged statement of financial position
Statement of changes in equity
Notes to the financial statements
CDA South West Limited
Directors and other information
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Director |
Ian Newman |
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Company number |
10301725 |
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Registered office |
Hartdene House |
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Bridge Road |
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Bagshot |
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Surrey |
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Accountants |
Morris Hartdene Ltd |
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Hartdene House |
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Bridge Road |
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Bagshot |
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Surrey |
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CDA South West Limited
Abridged statement of financial position
31 July 2023
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2023 |
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2022 |
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Note |
£ |
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£ |
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£ |
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£ |
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Fixed assets |
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Tangible assets |
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5 |
- |
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685 |
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_______ |
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_______ |
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- |
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685 |
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Current assets |
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Debtors |
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- |
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5,007 |
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Cash at bank and in hand |
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71,866 |
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30,205 |
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_______ |
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_______ |
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71,866 |
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35,212 |
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Creditors: amounts falling due |
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within one year |
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(
56,994) |
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(
35,872) |
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_______ |
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_______ |
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Net current assets/(liabilities) |
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14,872 |
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(
660) |
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_______ |
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Total assets less current liabilities |
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14,872 |
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25 |
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_______ |
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Net assets |
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14,872 |
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25 |
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_______ |
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_______ |
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Capital and reserves |
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Called up share capital |
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10 |
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10 |
Profit and loss account |
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14,862 |
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15 |
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_______ |
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_______ |
Shareholders funds |
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14,872 |
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25 |
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_______ |
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_______ |
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For the year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of comprehensive income has not been delivered.
The members consented to the preparation of abridged accounts.
These financial statements were approved by the
board of directors
and authorised for issue on
29 September 2023
, and are signed on behalf of the board by:
Ian Newman
Director
Company registration number:
10301725
CDA South West Limited
Statement of changes in equity
Year ended 31 July 2023
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Called up share capital |
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Profit and loss account |
Total |
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£ |
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£ |
£ |
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At 1 August 2021 |
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10 |
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(
146) |
(
136) |
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Profit for the year |
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39,561 |
39,561 |
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_______ |
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_______ |
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Total comprehensive income for the year |
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39,561 |
39,561 |
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Dividends paid and payable |
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(
39,400) |
(
39,400) |
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_______ |
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_______ |
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Total investments by and distributions to owners |
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- |
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(
39,400) |
(
39,400) |
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_______ |
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_______ |
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At 31 July 2022 and 1 August 2022 |
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10 |
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15 |
25 |
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Profit for the year |
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73,847 |
73,847 |
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_______ |
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_______ |
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Total comprehensive income for the year |
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73,847 |
73,847 |
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Dividends paid and payable |
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(
59,000) |
(
59,000) |
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_______ |
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_______ |
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Total investments by and distributions to owners |
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- |
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(
59,000) |
(
59,000) |
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_______ |
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_______ |
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At 31 July 2023 |
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10 |
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14,862 |
14,872 |
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_______ |
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_______ |
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CDA South West Limited
Notes to the financial statements
Year ended 31 July 2023
1.
General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Hartdene House, Bridge Road, Bagshot, Surrey.
2.
Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. They are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current tax recognised in the reporting period.Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
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Motor vehicles |
- |
25 % |
straight line |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liablity is recognised only when the company becomes a party to the contractual provisions of the instrumet.Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2022:
1
).
5.
Tangible assets
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£ |
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Cost |
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At 1 August 2022 and 31 July 2023 |
11,000 |
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_______ |
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Depreciation |
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At 1 August 2022 |
10,315 |
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Charge for the year |
685 |
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_______ |
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At 31 July 2023 |
11,000 |
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_______ |
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Carrying amount |
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At 31 July 2023 |
- |
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_______ |
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At 31 July 2022 |
685 |
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_______ |
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