Company Registration No. 12631703 (England and Wales)
CINDICA Limited
Unaudited accounts
for the year ended 31 May 2024
CINDICA Limited
Unaudited accounts
Contents
CINDICA Limited
Company Information
for the year ended 31 May 2024
Company Number
12631703 (England and Wales)
Registered Office
Oak house, 317 Oak house
317 Golden hill lane
Leyland
Lancashire
PR25 2YJ
England
Accountants
Logical BI Limited
317 Golden Hill Lane
Leyland
Lancashire
PR25 2YJ
CINDICA Limited
Statement of financial position
as at 31 May 2024
Tangible assets
14,596
14,483
Cash at bank and in hand
224,679
108,912
Creditors: amounts falling due within one year
(120,660)
(52,705)
Net current assets
185,214
119,071
Total assets less current liabilities
199,810
133,554
Provisions for liabilities
Other provisions
(11,424)
-
Net assets
188,386
133,554
Called up share capital
200
200
Profit and loss account
188,186
133,354
Shareholders' funds
188,386
133,554
For the year ending 31 May 2024 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 director acknowledges his 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 and authorised for issue on 21 June 2024 and were signed on its behalf by
Darren Holt
Director
Company Registration No. 12631703
CINDICA Limited
Notes to the Accounts
for the year ended 31 May 2024
CINDICA Limited is a private company, limited by shares, registered in England and Wales, registration number 12631703. The registered office is Oak house, 317 Oak house, 317 Golden hill lane, Leyland, Lancashire, PR25 2YJ, 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.
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:
Fixtures & fittings
25% Reducing Balance Method
Computer equipment
33.33% Straight Line Method
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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
CINDICA Limited
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
9,493
5,706
15,199
Additions
1,052
4,440
5,492
At 31 May 2024
10,545
10,146
20,691
At 1 June 2023
442
274
716
Charge for the year
2,467
2,912
5,379
At 31 May 2024
2,909
3,186
6,095
At 31 May 2024
7,636
6,960
14,596
At 31 May 2023
9,051
5,432
14,483
Amounts falling due within one year
Trade debtors
74,195
53,318
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
42,908
7,729
Taxes and social security
75,707
45,961
Loans from directors
-
(2,495)
7
Average number of employees
During the year the average number of employees was 7 (2023: 4).