2022-08-01 05451214 2023-07-31 05451214 2022-08-01 2023-07-31 05451214 2022-07-31 05451214 2021-08-01 2022-07-31 05451214 uk-core:WithinOneYear uk-bus:Original 2022-07-31 05451214 uk-core:WithinOneYear uk-bus:Original 2023-07-31 05451214 uk-core:AfterOneYear uk-bus:Original 2022-07-31 05451214 uk-core:AfterOneYear uk-bus:Original 2023-07-31 05451214 uk-core:ShareCapital uk-bus:Original 2023-07-31 05451214 uk-core:ShareCapital uk-bus:Original 2022-07-31 05451214 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-07-31 05451214 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-07-31 05451214 uk-bus:Director1 uk-bus:Original 2022-08-01 2023-07-31 05451214 uk-core:PlantMachinery uk-bus:Original 2022-08-01 2023-07-31 05451214 uk-core:ToolsEquipment uk-bus:Original 2022-08-01 2023-07-31 05451214 uk-core:CommercialMotorVehicles uk-bus:Original 2022-08-01 2023-07-31 05451214 uk-core:FurnitureFittings uk-bus:Original 2022-08-01 2023-07-31 05451214 uk-core:ToolsEquipment uk-bus:Original 2022-07-31 05451214 uk-core:FurnitureFittings uk-bus:Original 2022-07-31 05451214 uk-core:CommercialMotorVehicles uk-bus:Original 2022-07-31 05451214 uk-core:PlantMachinery uk-bus:Original 2022-07-31 05451214 uk-core:CommercialMotorVehicles uk-bus:Original 2023-07-31 05451214 uk-core:FurnitureFittings uk-bus:Original 2023-07-31 05451214 uk-core:ToolsEquipment uk-bus:Original 2023-07-31 05451214 uk-core:PlantMachinery uk-bus:Original 2023-07-31 05451214 uk-core:WithinOneYear uk-bus:Original 2023-07-31 05451214 uk-core:WithinOneYear uk-bus:Original 2022-07-31 05451214 uk-core:AfterOneYear uk-bus:Original uk-core:Secured 2023-07-31 05451214 uk-core:AfterOneYear uk-bus:Original uk-core:Secured 2022-07-31 05451214 2 uk-bus:Original uk-bus:Director1 2022-08-01 2023-07-31 05451214 2 uk-bus:Original uk-bus:Director1 2022-07-31 05451214 2 uk-bus:Original uk-bus:Director1 2023-07-31 iso4217:GBP xbrli:pure 05451214 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-08-01 2023-07-31 05451214 uk-bus:FRS102 uk-bus:Original 2022-08-01 2023-07-31 05451214 uk-bus:FilletedAccounts uk-bus:Original 2022-08-01 2023-07-31 05451214 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-08-01 2023-07-31
Cadena Global Limited
Registered Number:05451214
For the year ended 31 July 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2023
Cadena Global Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
05451214
As at 31 July 2023
Cadena Global Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
76,513
639
2
76,513
639
Current assets
Trade and other receivables
1,300,442
668,654
3
97,011
Cash and cash equivalents
193,681
862,335
1,397,453
Trade and other payables: amounts falling due within one year
(1,414,756)
(912,420)
4
(17,303)
(50,085)
Net current liabilities
Total assets less current liabilities
26,428
(16,664)
Trade and other payables: amounts falling due after more than
one year
(145,933)
(18,449)
5
7,979
Net assets/liabilities
(162,597)
Capital and reserves
Called up share capital
2
2
Retained earnings
7,977
(162,599)
7,979
(162,597)
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr W Alty Director
These financial statements were approved and authorised for issue by the Board on 21 March 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 July 2023
Cadena Global Limited
Notes to the Financial Statements
Statutory Information
Cadena Global Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
05451214.
Registered address:
2 Celadine Walk
Highfield
Wigan
Lancashire
WN3 6AZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting
Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
The financial statements have been prepared under the historical costs convention as modified by the revaluation of certain
assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Straight line
33% Straight line
Computer equipment
33% Straight line
Motor vehicles
8% Straight line
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 31 July 2023
Cadena Global Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
£
Cost or valuation
At 01 August 2022
21,993
9,798
4,075
-
8,120
76,107
893
686
73,200
1,328
Additions
At 31 July 2023
73,200
4,761
10,691
98,100
9,448
Provision for depreciation and impairment
At 01 August 2022
21,354
9,075
4,756
-
7,523
Charge for year
233
41
43
-
149
At 31 July 2023
21,587
9,116
4,799
-
7,672
At 31 July 2023
Net book value
1,776
73,200
(38)
1,575
76,513
At 31 July 2022
597
-
(681)
723
639
3. Trade and other receivables
2022
2023
£
£
Trade debtors
609,781
1,110,047
Other debtors
58,873
190,395
1,300,442
668,654
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
47,716
-
Trade creditors
159,144
663,301
Taxation and social security
27,829
41,501
Other creditors
677,731
709,954
912,420
1,414,756
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
18,449
145,933
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6
For the year ended 31 July 2023
Cadena Global Limited
Notes to the Financial Statements Continued
6. Directors advances and guarantees
Loaned
Repaid
Interest
At 01/08/2022
At 31/07/2023
£
£
£
£
£
Mr W Alty
Loan
37,364
(56)
72
38,140
648
37,364
(56)
72
38,140
648
7. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
8. Transition to FRS 102
No Impact
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