Company Registration No. 5506195 (England and Wales)
CARDIFF MARTIAL ARTS LIMITED
Unaudited accounts
for the year ended 30 September 2023
CARDIFF MARTIAL ARTS LIMITED
Unaudited accounts
Contents
CARDIFF MARTIAL ARTS LIMITED
Company Information
for the year ended 30 September 2023
Company Number
5506195 (England and Wales)
Registered Office
Suite 8, Homes House
253 Cowbridge Road West
Cardiff
CF5 5TD
Accountants
STAS Ltd
253 Cowbridge Road West
Cardiff
CF5 5TD
CARDIFF MARTIAL ARTS LIMITED
Statement of financial position
as at 30 September 2023
Tangible assets
1,306
1,021
Cash at bank and in hand
11,134
19,552
Creditors: amounts falling due within one year
(5,225)
(7,456)
Net current assets
8,420
14,607
Called up share capital
100
100
Profit and loss account
9,626
15,528
Shareholders' funds
9,726
15,628
For the year ending 30 September 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 14 March 2024 and were signed on its behalf by
K McCabe
Director
Company Registration No. 5506195
CARDIFF MARTIAL ARTS LIMITED
Notes to the Accounts
for the year ended 30 September 2023
CARDIFF MARTIAL ARTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5506195. The registered office is Suite 8, Homes House, 253 Cowbridge Road West, Cardiff, CF5 5TD.
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.
Turnover represents the net invoiced sales of the provision of training for martial arts.
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
10 years
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
CARDIFF MARTIAL ARTS LIMITED
Notes to the Accounts
for the year ended 30 September 2023
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2022
7,656
1,513
9,169
At 30 September 2023
8,590
1,513
10,103
At 1 October 2022
6,967
1,181
8,148
Charge for the year
593
56
649
At 30 September 2023
7,560
1,237
8,797
At 30 September 2023
1,030
276
1,306
At 30 September 2022
689
332
1,021
Amounts falling due within one year
Amounts due from group undertakings etc.
2,511
2,511
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
3,547
5,771
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Average number of employees
During the year the average number of employees was 1 (2022: 1).