Surf AccountsProduction v1.0.0 v1.0.0 2022-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is that of management consulting. 29 August 2023 2 2 NI640421 2023-03-31 NI640421 2022-03-31 NI640421 2021-03-31 NI640421 2022-04-01 2023-03-31 NI640421 2021-04-01 2022-03-31 NI640421 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 NI640421 uk-curr:PoundSterling 2022-04-01 2023-03-31 NI640421 uk-bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 NI640421 uk-bus:FullAccounts 2022-04-01 2023-03-31 NI640421 uk-bus:Director1 2022-04-01 2023-03-31 NI640421 uk-bus:Director2 2022-04-01 2023-03-31 NI640421 uk-bus:RegisteredOffice 2022-04-01 2023-03-31 NI640421 uk-bus:Agent1 2022-04-01 2023-03-31 NI640421 uk-core:ShareCapital 2023-03-31 NI640421 uk-core:ShareCapital 2022-03-31 NI640421 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 NI640421 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 NI640421 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-03-31 NI640421 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-03-31 NI640421 uk-bus:FRS102 2022-04-01 2023-03-31 NI640421 uk-core:FurnitureFittingsToolsEquipment 2022-04-01 2023-03-31 NI640421 uk-core:MotorVehicles 2022-04-01 2023-03-31 NI640421 uk-core:CurrentFinancialInstruments 2023-03-31 NI640421 uk-core:CurrentFinancialInstruments 2022-03-31 NI640421 uk-core:WithinOneYear 2023-03-31 NI640421 uk-core:WithinOneYear 2022-03-31 NI640421 uk-core:WithinOneYear 2023-03-31 NI640421 uk-core:WithinOneYear 2022-03-31 NI640421 uk-core:AfterOneYear 2023-03-31 NI640421 uk-core:AfterOneYear 2022-03-31 NI640421 uk-core:BetweenOneFiveYears 2023-03-31 NI640421 uk-core:BetweenOneFiveYears 2022-03-31 NI640421 uk-core:EmployeeBenefits 2022-03-31 NI640421 uk-core:EmployeeBenefits 2022-04-01 2023-03-31 NI640421 uk-core:AcceleratedTaxDepreciationDeferredTax 2023-03-31 NI640421 uk-core:TaxLossesCarry-forwardsDeferredTax 2023-03-31 NI640421 uk-core:OtherDeferredTax 2023-03-31 NI640421 uk-core:RevaluationPropertyPlantEquipmentDeferredTax 2023-03-31 NI640421 uk-core:EmployeeBenefits 2023-03-31 NI640421 2022-04-01 2023-03-31 NI640421 uk-bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI640421
 
 
Cadmore Limited
 
Unaudited Financial Statements
 
for the financial year ended 31 March 2023
Cadmore Limited
Directors and Other Information

 
Directors Mr. E G Hollis
Mrs. K E Hollis
 
 
Company Registration Number NI640421
 
 
Registered Office and Business Address 96 Ballinderry Road
Upper Ballinderry
Antrim
BT28 2NW
United Kingdom
 
 
Accountants HCA Chartered Accountants Ltd
Chartered Accountants
12 Cromac Place,
The Gasworks,
Belfast
BT7 2JB
 
 
Bankers Ulster Bank (Northern Ireland)
  Belfast City Centre
  14 Donegall Square East
  Belfast
  Co. Antrim
  BT1 5UB
  Northern Ireland



Cadmore Limited
Company Registration Number: NI640421
Balance Sheet
as at 31 March 2023

2023 2022
Notes £ £
 
Fixed Assets
Tangible assets 4 23,568 30,989
───────── ─────────
 
Current Assets
Debtors 5 18,000 193,902
Cash and cash equivalents 245,913 79,663
───────── ─────────
263,913 273,565
───────── ─────────
Creditors: amounts falling due within one year 6 (39,967) (45,374)
───────── ─────────
Net Current Assets 223,946 228,191
───────── ─────────
Total Assets less Current Liabilities 247,514 259,180
 
Creditors:
amounts falling due after more than one year 7 - (9,787)
 
Provisions for liabilities 9 3,061 1,777
───────── ─────────
Net Assets 250,575 251,170
═════════ ═════════
 
Capital and Reserves
Called up share capital 100 100
Retained earnings 250,475 251,070
───────── ─────────
Equity attributable to owners of the company 250,575 251,170
═════════ ═════════
 
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.
           
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 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.
           
Approved by the Board and authorised for issue on 29 August 2023 and signed on its behalf by
           
           
________________________________          
Mr. E G Hollis          
Director          
           



Cadmore Limited
Notes to the Financial Statements
for the financial year ended 31 March 2023

   
1. General Information
 
Cadmore Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI640421. The registered office of the company is 96 Ballinderry Road, Upper Ballinderry, Antrim, BT28 2NW, United Kingdom which is also the principal place of business of the company. The principal activity of the company is that of management consulting. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 March 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 20% Straight line
  Motor vehicles - 25% Reducing balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Leasing and hire purchases
Tangible assets held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Balance Sheet at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Profit and Loss Account.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company‘s taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 2, (2022 - 2).
 
  2023 2022
  Number Number
 
Directors 2 2
  ═════════ ═════════
         
4. Tangible assets
  Fixtures, Motor Total
  fittings and vehicles  
  equipment    
  £ £ £
Cost
At 1 April 2022 - 43,115 43,115
Additions 408 - 408
  ───────── ───────── ─────────
At 31 March 2023 408 43,115 43,523
  ───────── ───────── ─────────
Depreciation
At 1 April 2022 - 12,126 12,126
Charge for the financial year 82 7,747 7,829
  ───────── ───────── ─────────
At 31 March 2023 82 19,873 19,955
  ───────── ───────── ─────────
Net book value
At 31 March 2023 326 23,242 23,568
  ═════════ ═════════ ═════════
At 31 March 2022 - 30,989 30,989
  ═════════ ═════════ ═════════
       
5. Debtors 2023 2022
  £ £
 
Trade debtors 18,000 25,485
Other debtors - 168,417
  ───────── ─────────
  18,000 193,902
  ═════════ ═════════
       
6. Creditors 2023 2022
Amounts falling due within one year £ £
 
Net obligations under finance leases
and hire purchase contracts 9,787 11,147
Taxation  (Note 8) 24,575 29,343
Directors' current accounts 434 1,835
Accruals 5,171 3,049
  ───────── ─────────
  39,967 45,374
  ═════════ ═════════
       
7. Creditors 2023 2022
Amounts falling due after more than one year £ £
 
Finance leases and hire purchase contracts - 9,787
  ═════════ ═════════
 
 
Net obligations under finance leases
and hire purchase contracts
Repayable within one year 9,787 11,147
Repayable between one and five years - 9,787
  ───────── ─────────
  9,787 20,934
  ═════════ ═════════
       
8. Taxation 2023 2022
  £ £
 
Creditors:
VAT 6,588 9,352
Corporation tax 14,690 19,991
PAYE / NI 3,297 -
  ───────── ─────────
  24,575 29,343
  ═════════ ═════════
         
9. Provisions for liabilities
 
The amounts provided for deferred taxation are analysed below:
 
  Capital Total Total
  allowances    
       
    2023 2022
  £ £ £
 
At financial year start (1,777) (1,777) (1,777)
Charged to profit and loss (1,284) (1,284) -
  ───────── ───────── ─────────
At financial year end (3,061) (3,061) (1,777)
  ═════════ ═════════ ═════════
       
10. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 March 2023.
   
11. Directors' advances, credits and guarantees
 
During the financial year, directors paid expenses on behalf of the company of £23,069 (2022 : £14,609), and were paid £24,470 (2022: £13,147). At 31st March 2023 the directors owed the company £434.
   
12. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.