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Company Registration No. 06282905 (England and Wales)
Cammotion Ltd Unaudited accounts for the year ended 31 March 2023
Cammotion Ltd Unaudited accounts Contents
Page
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Cammotion Ltd Company Information for the year ended 31 March 2023
Directors
Mrs KS Gladstone Mr M Gladstone
Secretary
Mrs KS Gladstone
Company Number
06282905 (England and Wales)
Registered Office
44 Frieth Road Marlow Buckinghamshire SL7 2QU
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Cammotion Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
1 
15,001 
Tangible assets
32,300 
24,955 
32,301 
39,956 
Current assets
Debtors
4,264 
24,233 
Cash at bank and in hand
29,762 
37,468 
34,026 
61,701 
Creditors: amounts falling due within one year
(16,898)
(101,329)
Net current assets/(liabilities)
17,128 
(39,628)
Total assets less current liabilities
49,429 
328 
Creditors: amounts falling due after more than one year
(21,745)
(32,667)
Net assets/(liabilities)
27,684 
(32,339)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
26,684 
(33,339)
Shareholders' funds
27,684 
(32,339)
For the year ending 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 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 2 October 2023 and were signed on its behalf by
Mrs KS Gladstone Director Company Registration No. 06282905
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Cammotion Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Cammotion Ltd is a private company, limited by shares, registered in England and Wales, registration number 06282905. The registered office is 44 Frieth Road, Marlow, Buckinghamshire, SL7 2QU.
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.
3
Accounting policies
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.
Accounting convention
These financial statements comply with Financial Reporting Standard 102 Section 1A.
Going concern
The accounts have been prepared on a going concern basis. This assumes the ongoing support of the directors if required.
Revenue recognition
Revenue, described as turnover, is the value of services (net of VAT) provided to customers during the year. Revenue is recognised on the sale of goods when the goods are delivered and title has passed.
Intangible assets
Goodwill is amortised on a straight line basis over its estimated useful economic life of 10 years.
Tangible assets
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant & machinery
straight line over 2 years
Computer equipment
straight line over 3 years
Hire Purchase
Where assets are financed by hire purchase the amount capitalised is the market value of the asset concerned. The corresponding liability to the hire purchase company is included in other creditors. Depreciation is charged to the profit and loss account over the useful life of the asset. Hire purchase payments include interest which is charged to the profit and loss account on a straight-line basis.
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Cammotion Ltd Notes to the Accounts for the year ended 31 March 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
150,001 
At 31 March 2023
150,001 
Amortisation
At 1 April 2022
135,000 
Charge for the year
15,000 
At 31 March 2023
150,000 
Net book value
At 31 March 2023
1 
At 31 March 2022
15,001 
5
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
268,097 
4,647 
272,744 
Additions
26,154 
3,669 
29,823 
At 31 March 2023
294,251 
8,316 
302,567 
Depreciation
At 1 April 2022
243,142 
4,647 
247,789 
Charge for the year
21,235 
1,243 
22,478 
At 31 March 2023
264,377 
5,890 
270,267 
Net book value
At 31 March 2023
29,874 
2,426 
32,300 
At 31 March 2022
24,955 
- 
24,955 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
4,264 
1,122 
Trade debtors
- 
23,111 
4,264 
24,233 
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Cammotion Ltd Notes to the Accounts for the year ended 31 March 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,092 
9,092 
Trade creditors
879 
11,890 
Taxes and social security
1,099 
412 
Other creditors
- 
22,020 
Loans from directors
4,728 
57,915 
Accruals
1,100 
- 
16,898 
101,329 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
21,745 
32,667 
A government backed loan of £29,767 (2021 £39,167) has been taken on by the company. This is repayable over 6 years and no interest or repayments were due for the first 12 months from securing the loan.
9
Transactions with related parties
The directors loan of £4,728 (2021: £57,915) which is included in creditors is unsecured, interest free and repayable on demand. A loan of £21,000 (2021: £21,000) was fully repaid to a company that K. Gladstone was a Director-Shareholder.
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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