Company Registration No. 03137857 (England and Wales)
CAERAU PHARMA LIMITED
Unaudited accounts
for the year ended 31 May 2023
CAERAU PHARMA LIMITED
Unaudited accounts
Contents
CAERAU PHARMA LIMITED
Company Information
for the year ended 31 May 2023
Directors
Mr. Chun Hin Wong
Mr. Yuen Fung Lam
Mr.Him Shuen Chung
Dr. Philip Majoe
Secretary
Dr. Philip Majoe
Company Number
03137857 (England and Wales)
Registered Office
178 CAERAU ROAD
MAESTEG
CF34 0PD
WALES
Accountants
Kimee & Associates
Office T, First Floor, Raydean House,
15-17 Western Parade, Great North Road
Barnet, London
EN5 1AH
CAERAU PHARMA LIMITED
Statement of financial position
as at 31 May 2023
Intangible assets
1,000,000
1,062,500
Tangible assets
40,847
55,524
Cash at bank and in hand
181,580
56,760
Creditors: amounts falling due within one year
(625,770)
(457,907)
Net current assets/(liabilities)
28,139
(49,465)
Net assets
1,068,986
1,068,559
Called up share capital
2
2
Share premium
1,059,444
1,059,444
Profit and loss account
9,540
9,113
Shareholders' funds
1,068,986
1,068,559
For the year ending 31 May 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 21 October 2023 and were signed on its behalf by
Mr. Chun Hin Wong
Director
Company Registration No. 03137857
CAERAU PHARMA LIMITED
Notes to the Accounts
for the year ended 31 May 2023
CAERAU PHARMA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03137857. The registered office is 178 CAERAU ROAD, MAESTEG, CF34 0PD, WALES.
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.
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:
Plant & machinery
25% reducing Balance
Motor vehicles
25% reducing Balance
Fixtures & fittings
25% reducing Balance
Computer equipment
33% Straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.
4
Intangible fixed assets
Goodwill
Charge for the year
62,500
CAERAU PHARMA LIMITED
Notes to the Accounts
for the year ended 31 May 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2022
2,597
12,221
80,310
3,882
99,010
At 31 May 2023
2,597
12,221
80,310
3,882
99,010
At 1 June 2022
1,485
4,938
35,121
1,942
43,486
Charge for the year
278
1,821
11,297
1,281
14,677
At 31 May 2023
1,763
6,759
46,418
3,223
58,163
At 31 May 2023
834
5,462
33,892
659
40,847
At 31 May 2022
1,112
7,283
45,189
1,940
55,524
Amounts falling due within one year
Trade debtors
320,000
276,593
Accrued income and prepayments
-
4,385
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
40,066
Trade creditors
210,000
147,379
Taxes and social security
34,130
23,888
Other creditors
142,857
378,784
Loans from directors
238,783
(140,000)
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).