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REGISTERED NUMBER: 05671685 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

CAMBRIDGE KUNG FU LIMITED

CAMBRIDGE KUNG FU LIMITED (REGISTERED NUMBER: 05671685)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CAMBRIDGE KUNG FU LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: C Maggs
RA Sargent





SECRETARY: RA Sargent





REGISTERED OFFICE: 115c Milton Road
Cambridge
Cambridgeshire
CB4 1XE





REGISTERED NUMBER: 05671685 (England and Wales)





ACCOUNTANTS: Prentis & Co LLP
Chartered Accountants
115c Milton Road
Cambridge
CB4 1XE

CAMBRIDGE KUNG FU LIMITED (REGISTERED NUMBER: 05671685)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,280 6,762

CURRENT ASSETS
Stocks 1,750 2,000
Debtors 5 7,268 7,205
Cash at bank 26,115 28,847
35,133 38,052
CREDITORS
Amounts falling due within one year 6 9,695 12,310
NET CURRENT ASSETS 25,438 25,742
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,718

32,504

RESERVES
Income and expenditure account 29,718 32,504
29,718 32,504

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 August 2024 and were signed on its behalf by:





C Maggs - Director


CAMBRIDGE KUNG FU LIMITED (REGISTERED NUMBER: 05671685)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Cambridge Kung Fu Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold improvements - 10% on cost
Office equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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.

Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 24 ) .

CAMBRIDGE KUNG FU LIMITED (REGISTERED NUMBER: 05671685)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS
Leasehold Office
improvements equipment Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 15,627 19,009 34,636
DEPRECIATION
At 1 February 2023 10,701 17,173 27,874
Charge for year 1,563 919 2,482
At 31 January 2024 12,264 18,092 30,356
NET BOOK VALUE
At 31 January 2024 3,363 917 4,280
At 31 January 2023 4,926 1,836 6,762

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,242 3,107
Other debtors 4,026 4,098
7,268 7,205

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,975 3,268
Taxation and social security 4,011 4,302
Other creditors 1,709 4,740
9,695 12,310

7. LIMITED BY GUARANTEE

The company is limited by guarantee. In the event of the company being wound up, each member undertakes to contribute up to £10.