CAMBRIDGE ELECTRONIC SOLUTIONS LIMITED

Company Registration Number:
08094108 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

CAMBRIDGE ELECTRONIC SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

CAMBRIDGE ELECTRONIC SOLUTIONS LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 478 832
Total fixed assets: 478 832
Current assets
Debtors:   10,475 8,884
Cash at bank and in hand: 446,130 365,565
Total current assets: 456,605 374,449
Creditors: amounts falling due within one year:   (135,426) (121,672)
Net current assets (liabilities): 321,179 252,777
Total assets less current liabilities: 321,657 253,609
Provision for liabilities: (120) (160)
Total net assets (liabilities): 321,537 253,449
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 321,536 253,448
Shareholders funds: 321,537 253,449

The notes form part of these financial statements

CAMBRIDGE ELECTRONIC SOLUTIONS LIMITED

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 August 2024
and signed on behalf of the board by:

Name: K Lamb
Status: Director

The notes form part of these financial statements

CAMBRIDGE ELECTRONIC SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents net invoiced electronic consultancy fees for the period, excluding value added tax.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Plant and machinery etc - 33% on cost

Other accounting policies

TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.Current or deferred taxation assets and liabilities are not discounted.Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.Hire purchase and leasing commitmentsRentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

CAMBRIDGE ELECTRONIC SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

CAMBRIDGE ELECTRONIC SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 1,598
At 30 June 2024 1,598
Depreciation
At 01 July 2023 766
Charge for year 354
At 30 June 2024 1,120
Net book value
At 30 June 2024 478
At 30 June 2023 832

CAMBRIDGE ELECTRONIC SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Related party transactions

The company is controlled by the director.The director was paid £1,055 for the rent of office facilities.