Acorah Software Products - Accounts Production 15.0.600 false true false 1 December 2022 30 November 2023 30 November 2023 13023881 Mr Jeremy Pidgeon iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13023881 2022-11-30 13023881 2023-11-30 13023881 2022-12-01 2023-11-30 13023881 frs-core:CurrentFinancialInstruments 2023-11-30 13023881 frs-core:ShareCapital 2023-11-30 13023881 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 13023881 frs-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 13023881 frs-bus:FilletedAccounts 2022-12-01 2023-11-30 13023881 frs-bus:SmallEntities 2022-12-01 2023-11-30 13023881 frs-bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 13023881 frs-bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13023881 frs-bus:Director1 2022-12-01 2023-11-30 13023881 frs-countries:EnglandWales 2022-12-01 2023-11-30
Registered number: 13023881
Cambridge Auto Trade Limited
Unaudited Financial Statements
For The Year Ended 30 November 2023
Accountancy Gems Limited
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 13023881
2023
Notes £ £
CURRENT ASSETS
Stocks 4 5,425
Cash at bank and in hand 1,007
6,432
Creditors: Amounts Falling Due Within One Year 5 (1,995 )
NET CURRENT ASSETS (LIABILITIES) 4,437
TOTAL ASSETS LESS CURRENT LIABILITIES 4,437
NET ASSETS 4,437
CAPITAL AND RESERVES
Called up share capital 6 20
Profit and Loss Account 4,417
SHAREHOLDERS' FUNDS 4,437
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jeremy Pidgeon
Director
19th August 2024
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Cambridge Auto Trade Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13023881 . The registered office is 15 Princess Drive, Sawston, Cambs, CB22 3DL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2
2
4. Stocks
2023
£
Stock 5,425
5. Creditors: Amounts Falling Due Within One Year
2023
£
Other creditors 1,397
Taxation and social security 598
1,995
6. Share Capital
2023
£
Allotted, Called up and fully paid 20
Page 2