Registered number
08031914
CAVENDISH LAND & PROPERTY LTD
Filleted Accounts
30 April 2023
CAVENDISH LAND & PROPERTY LTD
Registered number: 08031914
Balance Sheet
as at 30 April 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 301,000 301,000
Cash at bank and in hand 426,347 426,767
727,347 727,767
Creditors: amounts falling due within one year 4 (573,041) (573,041)
Net current assets 154,306 154,726
Net assets 154,306 154,726
Capital and reserves
Called up share capital 100 100
Profit and loss account 154,206 154,626
Shareholder's funds 154,306 154,726
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Sajid Ghaffar
Director
Approved by the board on 2 October 2023
CAVENDISH LAND & PROPERTY LTD
Notes to the Accounts
for the year ended 30 April 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2023 2022
£ £
Other debtors 301,000 301,000
4 Creditors: amounts falling due within one year 2023 2022
£ £
Director's current accounts 572,691 572,691
Other creditors 350 350
573,041 573,041
5 Related party transactions
Included in debtors is £300,000 owed by Draycott Group Ltd in which the director is a shareholder.
6 Controlling party
The company is controlled by Mr S Ghaffar, who owns 100% of the shareholdings.
7 Other information
CAVENDISH LAND & PROPERTY LTD is a private company limited by shares and incorporated in England. Its registered office is:
Harlech Court
Bute Terrace
Cardiff
Wales
CF10 2FE
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