Company Registration No. 05157405 (England and Wales)
CAURANE LIMITED
Unaudited accounts
for the year ended 31 March 2023
CAURANE LIMITED
Unaudited accounts
Contents
CAURANE LIMITED
Company Information
for the year ended 31 March 2023
Directors
Russell Dunleavy
Tracey Dunleavy
Company Number
05157405 (England and Wales)
Registered Office
116 WIDNEY MANOR ROAD
SOLIHULL
WEST MIDLANDS
B91 3JJ
CAURANE LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
5,149,077
5,148,453
Cash at bank and in hand
58,063
46,101
Creditors: amounts falling due within one year
(64,887)
(592,748)
Net current assets/(liabilities)
257,177
(480,156)
Total assets less current liabilities
5,406,254
4,668,297
Creditors: amounts falling due after more than one year
(4,084,143)
(3,354,101)
Net assets
1,322,111
1,314,196
Called up share capital
400
400
Revaluation reserve
2,470,130
2,470,130
Profit and loss account
(1,148,419)
(1,156,334)
Shareholders' funds
1,322,111
1,314,196
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 3 April 2024 and were signed on its behalf by
Russell Dunleavy
Director
Company Registration No. 05157405
CAURANE LIMITED
Notes to the Accounts
for the year ended 31 March 2023
CAURANE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05157405. The registered office is 116 WIDNEY MANOR ROAD, SOLIHULL, WEST MIDLANDS, B91 3JJ.
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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
4,625,000
795,237
31,350
-
5,451,587
At 31 March 2023
4,625,000
795,237
31,350
624
5,452,211
At 1 April 2022
-
267,800
35,334
-
303,134
At 31 March 2023
-
267,800
35,334
-
303,134
At 31 March 2023
4,625,000
527,437
(3,984)
624
5,149,077
At 31 March 2022
4,625,000
527,437
(3,984)
-
5,148,453
Amounts falling due within one year
Trade debtors
34,291
46,491
Amounts due from group undertakings etc.
-
20,000
Amounts falling due after more than one year
CAURANE LIMITED
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,226
34,205
Other creditors
47,528
558,543
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
1,571,445
2,636,927
Other creditors
1,107,843
-
Loans from directors
1,404,855
717,174
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Long-Term Loan to Fund Company
(603,587)
-
-
(603,587)
Long-Term Loan to Fund Company
(603,587)
-
-
(603,587)
(1,207,174)
-
-
(1,207,174)
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Average number of employees
During the year the average number of employees was 0 (2022: 0).