Company Registration No. 10121319 (England and Wales)
CAI Management Limited
Unaudited accounts
for the year ended 31 March 2023
CAI Management Limited
Unaudited accounts
Contents
CAI Management Limited
Company Information
for the year ended 31 March 2023
Company Number
10121319 (England and Wales)
Registered Office
2 Exeter Street
Cottingham
East Riding of Yorkshire
HU16 4LU
England
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
CAI Management Limited
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
15,786
8,170
Creditors: amounts falling due within one year
(16,423)
(15,824)
Net current (liabilities)/assets
(637)
4,346
Total assets less current liabilities
163
5,524
Creditors: amounts falling due after more than one year
-
(4,100)
Called up share capital
100
100
Profit and loss account
63
1,324
Shareholders' funds
163
1,424
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 director acknowledges his 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 and authorised for issue on 17 November 2023 and were signed on its behalf by
Mr S J Parkinson
Director
Company Registration No. 10121319
CAI Management Limited
Notes to the Accounts
for the year ended 31 March 2023
CAI Management Limited is a private company, limited by shares, registered in England and Wales, registration number 10121319. The registered office is 2 Exeter Street, Cottingham , East Riding of Yorkshire, HU16 4LU, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Cost
Computer equipment
25% Cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
CAI Management Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
1,015
2,357
3,372
Disposals
(1,015)
(468)
(1,483)
At 31 March 2023
-
1,889
1,889
At 1 April 2022
1,015
1,179
2,194
Charge for the year
-
378
378
On disposals
(1,015)
(468)
(1,483)
At 31 March 2023
-
1,089
1,089
At 31 March 2023
-
800
800
At 31 March 2022
-
1,178
1,178
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
1,200
Trade creditors
2,928
3,336
Taxes and social security
8,839
5,399
Loans from directors
508
576
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).