Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-12-01falseholding company55falsetrue 08638292 2022-12-01 2023-11-30 08638292 2021-12-01 2022-11-30 08638292 2023-11-30 08638292 2022-11-30 08638292 c:Director1 2022-12-01 2023-11-30 08638292 c:Director2 2022-12-01 2023-11-30 08638292 c:Director3 2022-12-01 2023-11-30 08638292 c:Director4 2022-12-01 2023-11-30 08638292 c:Director5 2022-12-01 2023-11-30 08638292 c:RegisteredOffice 2022-12-01 2023-11-30 08638292 d:CurrentFinancialInstruments 2023-11-30 08638292 d:CurrentFinancialInstruments 2022-11-30 08638292 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 08638292 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 08638292 d:ShareCapital 2023-11-30 08638292 d:ShareCapital 2022-11-30 08638292 d:RetainedEarningsAccumulatedLosses 2023-11-30 08638292 d:RetainedEarningsAccumulatedLosses 2022-11-30 08638292 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-11-30 08638292 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2022-11-30 08638292 c:FRS102 2022-12-01 2023-11-30 08638292 c:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 08638292 c:FullAccounts 2022-12-01 2023-11-30 08638292 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 08638292 6 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 08638292










CABBELL HOLDINGS LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023

 
CABBELL HOLDINGS LTD
 
 
COMPANY INFORMATION


Directors
Mr T B Cabbell Manners 
Mrs D D Cabbell Manners 
Mr R Cabbell Manners 
Mrs J Conway 
Mr H J Cabbell Manners 




Registered number
08638292



Registered office
12 Church Street

Cromer

Norfolk

NR27 9ER




Accountants
MA Partners LLP

12 Church Street

Cromer

Norfolk

NR27 9ER





 
CABBELL HOLDINGS LTD
 

CONTENTS



Page
Accountants' Report
1
Balance Sheet
2 - 3
Notes to the Financial Statements
4 - 7


 
CABBELL HOLDINGS LTD
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CABBELL HOLDINGS LTD
FOR THE YEAR ENDED 30 NOVEMBER 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cabbell Holdings Ltd for the year ended 30 November 2023 which comprise the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of Directors of Cabbell Holdings Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Cabbell Holdings Ltd  and state those matters that we have agreed to state to the Board of Directors of Cabbell Holdings Ltd, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cabbell Holdings Ltd and its Board of Directors, as a body, for our work or for this report. 

It is your duty to ensure that Cabbell Holdings Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cabbell Holdings Ltd. You consider that Cabbell Holdings Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Cabbell Holdings Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
12 Church Street
Cromer
Norfolk
NR27 9ER
7 April 2024
Page 1

 
CABBELL HOLDINGS LTD
REGISTERED NUMBER: 08638292

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
119,431
119,431

  
119,431
119,431

Current assets
  

Debtors: amounts falling due within one year
 5 
467,050
468,128

Cash at bank and in hand
 6 
245
605

  
467,295
468,733

Creditors: amounts falling due within one year
 7 
(579,083)
(580,161)

Net current liabilities
  
 
 
(111,788)
 
 
(111,428)

Total assets less current liabilities
  
7,643
8,003

  

Net assets
  
7,643
8,003


Capital and reserves
  

Called up share capital 
  
500
500

Profit and loss account
  
7,143
7,503

  
7,643
8,003


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 April 2024.



Page 2

 
CABBELL HOLDINGS LTD
REGISTERED NUMBER: 08638292
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023


Mr T B Cabbell Manners
Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
CABBELL HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.


General information

The Company is a private company limited by shares.  It is both incorporated and domiciled in England and Wales.  The address of its registered office is 12 Church Street, Cromer, Norfolk, NR27 9ER.
The company's principle activity is that of a holding company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 4

 
CABBELL HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan.

Investments in non-derivative instruments that are equity to the issuer are measured:
at fair value with changes recognised in the Statement of Income and Retained Earnings if the shares are publicly traded or their fair value can otherwise be measured reliably;
at cost less impairment for all other investments.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

Page 5

 
CABBELL HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2022 - 5).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 December 2022
119,431



At 30 November 2023
119,431





5.


Debtors

2023
2022
£
£


Amounts owed by group undertakings
467,050
468,128

467,050
468,128



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
245
605

245
605


Page 6

 
CABBELL HOLDINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
-
208

Other creditors
579,083
579,083

Accruals and deferred income
-
870

579,083
580,161



8.


Financial instruments

2023
2022
£
£

Financial assets


Financial assets measured at fair value through profit or loss
245
605



 
Page 7