Registered Number:05700791 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2023
Cambrian Doors Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Cambrian Doors Ltd
Statement of Financial Position
2022
2023
5,100
6,800
2
Property, plant and equipment |
94,050
82,541
3
99,150
89,341
7,500
10,000
4
Trade and other receivables |
163,921
241,904
5
101,140
Cash and cash equivalents |
49,752
301,656
272,561
Trade and other payables: amounts falling due within one |
year |
(106,398)
(120,135)
6
166,163
181,521
Net current assets
Total assets less current liabilities |
280,671
255,504
(17,360)
(15,174)
Provisions for liabilities |
263,311
Net assets
240,330
20
20
263,291
240,310
263,311
240,330
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 30 October 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2023
Cambrian Doors Ltd
Notes to the Financial Statements
Statutory Information
Cambrian Doors Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 05700791. |
The Old Power House
The Nant
Pentre Halkyn
Flintshire
CH8 8BD
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of 20 years. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Integral Features
Motor vehicles
Fixtures and tools
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 31 March 2023
Cambrian Doors Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
34,000
34,000
27,200
1,700
Charge for year
28,900
5,100
6,800
3. Property, plant and equipment |
Motor vehicles
181,411
12,244
62,869
103,618
2,680
22,995
-
-
22,995
-
126,613
62,869
12,244
204,406
2,680
Provision for depreciation and impairment |
98,870
5,124
34,810
58,936
-
Charge for year
11,486
1,223
3,893
6,370
-
110,356
6,347
38,703
65,306
-
2,680
61,307
24,166
5,897
94,050
2,680
44,682
28,059
7,120
82,541
2022
2023
10,000
7,500
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For the year ended 31 March 2023
Cambrian Doors Ltd
Notes to the Financial Statements Continued
5. Trade and other receivables |
2022
2023
210,190
161,769
Amounts owed by directors |
1,478
-
Taxation and social security |
29,736
1,652
500
500
163,921
241,904
6. Trade and other payables: amounts falling due within one year |
2022
2023
109,735
92,005
Taxation and social security |
7,838
8,888
Accruals and deferred income |
2,164
5,095
398
410
120,135
106,398
7. Average number of persons employed |
During the year the average number of employees was 10 (2022 : 10)
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