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REGISTERED NUMBER: 04600272 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

CAMBRIDGE REWINDS LIMITED

CAMBRIDGE REWINDS LIMITED (REGISTERED NUMBER: 04600272)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CAMBRIDGE REWINDS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: P C J Coulson





REGISTERED OFFICE: Unit 6 Industrial Road
Cambridge Road Industrial Estate
Milton
Cambridge
CB24 6AZ





REGISTERED NUMBER: 04600272 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

CAMBRIDGE REWINDS LIMITED (REGISTERED NUMBER: 04600272)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 9,317 14,544

CURRENT ASSETS
Stocks 8,235 7,951
Debtors 6 429,026 411,028
Cash at bank and in hand 257,743 181,441
695,004 600,420
CREDITORS
Amounts falling due within one year 7 (88,916 ) (108,098 )
NET CURRENT ASSETS 606,088 492,322
TOTAL ASSETS LESS CURRENT
LIABILITIES

615,405

506,866

PROVISIONS FOR LIABILITIES (1,770 ) (2,151 )
NET ASSETS 613,635 504,715

CAPITAL AND RESERVES
Called up share capital 9 3,500 3,500
Retained earnings 610,135 501,215
SHAREHOLDERS' FUNDS 613,635 504,715

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 profit or loss 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.

CAMBRIDGE REWINDS LIMITED (REGISTERED NUMBER: 04600272)

BALANCE SHEET - continued
31 DECEMBER 2023


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 director and authorised for issue on 21 August 2024 and were signed by:





P C J Coulson - Director


CAMBRIDGE REWINDS LIMITED (REGISTERED NUMBER: 04600272)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Cambridge Rewinds Limited is a private company, limited by shares , 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Revenue is measured at the fair value of the consideration receivable.

Revenue from services is recognised when those services are performed. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Motor vehicles - 15% on cost
Computer equipment - 33.33% on cost

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

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

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

CAMBRIDGE REWINDS LIMITED (REGISTERED NUMBER: 04600272)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 3,848 51,400 2,154 57,402
Additions - - 567 567
At 31 December 2023 3,848 51,400 2,721 57,969
DEPRECIATION
At 1 January 2023 3,281 37,508 2,069 42,858
Charge for year 191 5,368 235 5,794
At 31 December 2023 3,472 42,876 2,304 48,652
NET BOOK VALUE
At 31 December 2023 376 8,524 417 9,317
At 31 December 2022 567 13,892 85 14,544

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 January 2023
and 31 December 2023 11,476
DEPRECIATION
At 1 January 2023 5,824
Charge for year 1,722
At 31 December 2023 7,546
NET BOOK VALUE
At 31 December 2023 3,930
At 31 December 2022 5,652

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 52,260 40,733
Other debtors 376,766 369,558
Social security and other
taxes - 737
429,026 411,028

CAMBRIDGE REWINDS LIMITED (REGISTERED NUMBER: 04600272)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts - 1,849
Trade creditors 19,824 30,413
Corporation tax 44,673 33,499
Social security and other taxes 18,738 17,582
Other creditors 5,681 3,959
Director's current account - 20,796
88,916 108,098

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Hire purchase contracts - 1,849

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
3,500 Ordinary £1 3,500 3,500

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The above loan is unsecured, interest free and repayable on demand.