CONSERVATION & DEVELOPMENT APPRAISAL LIMITED

Company Registration Number:
02497849 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2022

Period of accounts

Start date: 1 November 2021

End date: 31 October 2022

CONSERVATION & DEVELOPMENT APPRAISAL LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2022

Balance sheet
Additional notes
Balance sheet notes

CONSERVATION & DEVELOPMENT APPRAISAL LIMITED

Balance sheet

As at 31 October 2022

Notes 2022 2021


£

£
Current assets
Debtors: 3 151,149 199,854
Cash at bank and in hand: 57,704 60,516
Total current assets: 208,853 260,370
Creditors: amounts falling due within one year: 4 ( 117,881 ) ( 143,085 )
Net current assets (liabilities): 90,972 117,285
Total assets less current liabilities: 90,972 117,285
Creditors: amounts falling due after more than one year: 5 ( 29,159 ) ( 39,171 )
Total net assets (liabilities): 61,813 78,114
Capital and reserves
Called up share capital: 15,000 15,000
Share premium account: 1,000 1,000
Other reserves: 45,000 45,000
Profit and loss account: 813 17,114
Total Shareholders' funds: 61,813 78,114

The notes form part of these financial statements

CONSERVATION & DEVELOPMENT APPRAISAL LIMITED

Balance sheet statements

For the year ending 31 October 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.

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

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

This report was approved by the board of directors on 27 October 2023
and signed on behalf of the board by:

Name: J LAWRENCE
Status: Director

The notes form part of these financial statements

CONSERVATION & DEVELOPMENT APPRAISAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover represents amounts chargeable to clients for services during the year, net of VAT.Services provided to clients during the year, which at the balance sheet date have not been billed to clients, have been recognised as turnover in accordance with UITF40 Revenue Recognition and Service Contracts. Turnover recognised in this manner is based on an assessment of the fair value of the service in progress at the balance sheet date as a proportion of the total value of the engagement.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.Depreciation is calculated to write down the cost less estimated residual value of all tangible fixed assets, other than freehold land, over their expected useful lives. The annual rates and methods of depreciation are as follows:Office equipment - 15% and 20% straight line basisComputer equipment - 33 1/3% straight line basisImpairment of fixed assetsFixed assets are assessed at each reporting date to determine whether there is any indication that the assets are impaired. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared to its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised in the profit and loss account. The reversal of an impairment loss is recognised immediately in the profit and loss account.

    Other accounting policies

    DebtorsShort term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised cost using the effective interest method, less any impairment.Cash and cash equivalentsCash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.CreditorsShort term creditors are measured at transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised cost using the effective interest method.

CONSERVATION & DEVELOPMENT APPRAISAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 3 5

CONSERVATION & DEVELOPMENT APPRAISAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

3. Debtors

2022 2021
£ £
Trade debtors 89,928 96,217
Prepayments and accrued income 50,772 93,334
Other debtors 10,449 10,303
Total 151,149 199,854

CONSERVATION & DEVELOPMENT APPRAISAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

4. Creditors: amounts falling due within one year note

2022 2021
£ £
Bank loans and overdrafts 9,996 9,996
Trade creditors 9,169 27,314
Taxation and social security 40,406 34,650
Accruals and deferred income 2,000 3,178
Other creditors 56,310 67,947
Total 117,881 143,085

CONSERVATION & DEVELOPMENT APPRAISAL LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2022

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

2022 2021
£ £
Bank loans and overdrafts 29,159 39,171
Total 29,159 39,171