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Company Registration No. 09328203 (England and Wales)
CA Global Partners Ltd Unaudited accounts for the year ended 31 December 2023
CA Global Partners Ltd Unaudited accounts Contents
Page
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CA Global Partners Ltd Company Information for the year ended 31 December 2023
Directors
A Alexander D Brindley
Company Number
09328203 (England and Wales)
Registered Office
3rd Floor The News Building 3 London Bridge Street London SE1 9SG England
Accountants
Pure Cloud Accountancy Limited 9 Nicholson Close Bingley BD16 4UN
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CA Global Partners Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,430 
21,027 
Current assets
Debtors
94,550 
420,092 
Cash at bank and in hand
416,532 
240,885 
511,082 
660,977 
Creditors: amounts falling due within one year
(421,649)
(205,062)
Net current assets
89,433 
455,915 
Total assets less current liabilities
104,863 
476,942 
Creditors: amounts falling due after more than one year
(1,042,182)
(1,257,679)
Net liabilities
(937,319)
(780,737)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(937,320)
(780,738)
Shareholders' funds
(937,319)
(780,737)
For the year ending 31 December 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 24 July 2024 and were signed on its behalf by
D Brindley Director Company Registration No. 09328203
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CA Global Partners Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
CA Global Partners Ltd is a private company, limited by shares, registered in England and Wales, registration number 09328203. The registered office is 3rd Floor, The News Building, 3 London Bridge Street, London, SE1 9SG, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the date of the statement of financial position and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. Details of these judgements are set out in the accounting policies.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Goodwill - 20% straight line If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
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CA Global Partners Ltd Notes to the Accounts for the year ended 31 December 2023
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
25% reducing balance
Fixtures & fittings
33% straight-line
Computer equipment
33% straight-line
Going concern
The financial statements have been prepared on the basis that the company can continue to operate as a going concern. The directors, having made due and careful enquiry, are of the opinion that the company has sufficient working capital to execute its operations over the next 12 months. The directors have made an informed judgement at the time of approving the financial statements that the company has adequate resources to continue in operational existence for the foreseeable future.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Foreign exchange
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
26,738 
At 31 December 2023
26,738 
Amortisation
At 1 January 2023
26,738 
At 31 December 2023
26,738 
Net book value
At 31 December 2023
- 
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CA Global Partners Ltd Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
21,730 
132 
13,143 
35,005 
Disposals
- 
(132)
(12,691)
(12,823)
At 31 December 2023
21,730 
- 
452 
22,182 
Depreciation
At 1 January 2023
1,358 
132 
12,488 
13,978 
Charge for the year
5,093 
- 
486 
5,579 
On disposals
- 
(132)
(12,673)
(12,805)
At 31 December 2023
6,451 
- 
301 
6,752 
Net book value
At 31 December 2023
15,279 
- 
151 
15,430 
At 31 December 2022
20,372 
- 
655 
21,027 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
33,537 
Trade debtors
48,537 
104,054 
Amounts due from group undertakings etc.
42,750 
270,529 
Accrued income and prepayments
3,262 
11,971 
Other debtors
1 
1 
94,550 
420,092 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
11,385 
11,086 
VAT
73,330 
- 
Trade creditors
25,897 
179,308 
Amounts owed to group undertakings and other participating interests
4,954 
- 
Taxes and social security
1,312 
7,306 
Other creditors
121 
809 
Loans from directors
2,590 
2,590 
Accruals
302,060 
3,963 
421,649 
205,062 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
16,507 
27,872 
Amounts owed to group undertakings and other participating interests
1,025,675 
1,229,807 
1,042,182 
1,257,679 
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CA Global Partners Ltd Notes to the Accounts for the year ended 31 December 2023
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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