Company Registration No. 09109966 (England and Wales)
CAB Transmissions Limited
Unaudited accounts
for the year ended 31 July 2023
CAB Transmissions Limited
Unaudited accounts
Contents
CAB Transmissions Limited
Company Information
for the year ended 31 July 2023
Company Number
09109966 (England and Wales)
Registered Office
801 LONDON ROAD
WESTCLIFF-ON-SEA
ESSEX
SS0 9SY
ENGLAND
Accountants
Carmar Accountancy and Bookkeeping Ltd
801 London Road
Westcliff-on-Sea
Essex
SS0 9SY
CAB Transmissions Limited
Statement of financial position
as at 31 July 2023
Tangible assets
3,978
5,033
Cash at bank and in hand
1,027
340
Creditors: amounts falling due within one year
(32,046)
(30,885)
Net current liabilities
(30,457)
(29,795)
Net liabilities
(26,479)
(24,762)
Called up share capital
100
100
Profit and loss account
(26,579)
(24,862)
Shareholders' funds
(26,479)
(24,762)
For the year ending 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 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 25 March 2024 and were signed on its behalf by
Mark Nation
Director
Company Registration No. 09109966
CAB Transmissions Limited
Notes to the Accounts
for the year ended 31 July 2023
CAB Transmissions Limited is a private company, limited by shares, registered in England and Wales, registration number 09109966. The registered office is 801 LONDON ROAD, WESTCLIFF-ON-SEA, ESSEX, SS0 9SY, 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:
Plant & machinery
20% Reducing Balance Basis
Motor vehicles
25% Reducing Balance Basis
Computer equipment
20% Reducing Balance Basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
14,024
4,585
141
18,750
At 31 July 2023
14,024
4,585
141
18,750
At 1 August 2022
10,052
3,637
28
13,717
Charge for the year
795
237
23
1,055
At 31 July 2023
10,847
3,874
51
14,772
At 31 July 2023
3,177
711
90
3,978
At 31 July 2022
3,972
948
113
5,033
CAB Transmissions Limited
Notes to the Accounts
for the year ended 31 July 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,529
13,529
Loans from directors
20,238
17,333
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).