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REGISTERED NUMBER: 07112203 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Cascade Construction North East Limited

Cascade Construction North East Limited (Registered number: 07112203)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cascade Construction North East Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: P Middleton





SECRETARY: Mrs P Tiffen





REGISTERED OFFICE: 60 Graythwaite
Chester le Street
Co. Durham
DH2 2UH





REGISTERED NUMBER: 07112203 (England and Wales)





ACCOUNTANTS: Little & Neal
37-38 Market Street
Ferryhill
Co. Durham
DL17 8JH

Cascade Construction North East Limited (Registered number: 07112203)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 70,904 32,478
70,904 32,478

CURRENT ASSETS
Debtors 6 7,858 3,201
Cash at bank 279,126 294,990
286,984 298,191
CREDITORS
Amounts falling due within one year 7 92,415 114,403
NET CURRENT ASSETS 194,569 183,788
TOTAL ASSETS LESS CURRENT
LIABILITIES

265,473

216,266

CREDITORS
Amounts falling due after more than one
year

8

15,469

10,538
NET ASSETS 250,004 205,728

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 249,902 205,626
SHAREHOLDERS' FUNDS 250,004 205,728

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 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.

Cascade Construction North East Limited (Registered number: 07112203)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 February 2024 and were signed by:





P Middleton - Director


Cascade Construction North East Limited (Registered number: 07112203)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Cascade Construction North East Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise are being amortised evenly over their estimated useful life of five years.

Franchise
The franchise fee is being amortised on a straight line basis over the term of the agreement.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Cascade Construction North East Limited (Registered number: 07112203)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2023
and 31 December 2023 15,000
AMORTISATION
At 1 January 2023
and 31 December 2023 15,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

Cascade Construction North East Limited (Registered number: 07112203)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 88,123
Additions 66,238
Disposals (22,325 )
At 31 December 2023 132,036
DEPRECIATION
At 1 January 2023 55,645
Charge for year 18,510
Eliminated on disposal (13,023 )
At 31 December 2023 61,132
NET BOOK VALUE
At 31 December 2023 70,904
At 31 December 2022 32,478

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2023 51,825
Additions 60,054
Disposals (22,325 )
At 31 December 2023 89,554
DEPRECIATION
At 1 January 2023 23,454
Charge for year 15,738
Eliminated on disposal (13,023 )
At 31 December 2023 26,169
NET BOOK VALUE
At 31 December 2023 63,385
At 31 December 2022 28,371

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 7,858 3,201

Cascade Construction North East Limited (Registered number: 07112203)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 11,701 5,834
Trade creditors 10,050 16,447
Taxation and social security 66,167 87,006
Other creditors 4,497 5,116
92,415 114,403

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 15,469 10,538