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REGISTERED NUMBER: 04107363 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

C.D.L. Partitions Limited

C.D.L. Partitions Limited (Registered number: 04107363)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

C.D.L. Partitions Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mr R Chamberlain
Mrs C Chamberlain
Mr C Chamberlain
Mr B E Hughes





REGISTERED OFFICE: St David's Building
Lombard Street
Porthmadog
Gwynedd
LL49 9AP





REGISTERED NUMBER: 04107363 (England and Wales)





ACCOUNTANTS: Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP

C.D.L. Partitions Limited (Registered number: 04107363)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 375,058 351,669

CURRENT ASSETS
Stocks 697,808 1,004,297
Debtors 5 726,226 852,715
Cash at bank 521,305 1,268
1,945,339 1,858,280
CREDITORS
Amounts falling due within one year 6 1,151,590 1,131,766
NET CURRENT ASSETS 793,749 726,514
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,168,807

1,078,183

CREDITORS
Amounts falling due after more than one
year

7

-

(35,181

)

PROVISIONS FOR LIABILITIES (22,493 ) (16,593 )
NET ASSETS 1,146,314 1,026,409

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 1,146,212 1,026,307
SHAREHOLDERS' FUNDS 1,146,314 1,026,409

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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 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.

C.D.L. Partitions Limited (Registered number: 04107363)

Balance Sheet - continued
30 November 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by:





Mr R Chamberlain - Director


C.D.L. Partitions Limited (Registered number: 04107363)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

C.D.L. Partitions 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.

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.

Freehold property - 1% on cost
Plant & machinery - 20% reducing balance
Fixtures & fittings - 20% reducing balance
Motor vehicles - 20% reducing balance
Computer equipment - 20% reducing balance

Fixed assets are stated at their cost prices, less accumulated depreciation and less amounts recognised in respect of impairment.

Stocks
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 items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

Current or deferred taxation assets and liabilities are not discounted.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

C.D.L. Partitions Limited (Registered number: 04107363)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2022 - 16 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022 230,000 345,556 575,556
Additions - 69,300 69,300
Disposals - (10,000 ) (10,000 )
At 30 November 2023 230,000 404,856 634,856
DEPRECIATION
At 1 December 2022 16,600 207,287 223,887
Charge for year 2,300 40,990 43,290
Eliminated on disposal - (7,379 ) (7,379 )
At 30 November 2023 18,900 240,898 259,798
NET BOOK VALUE
At 30 November 2023 211,100 163,958 375,058
At 30 November 2022 213,400 138,269 351,669

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 7,574 160,897
Amounts owed by associates 538,472 524,987
Other debtors 180,180 166,831
726,226 852,715

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 1,682 16,384
Trade creditors 527,815 581,823
Taxation and social security 118,984 80,818
Other creditors 503,109 452,741
1,151,590 1,131,766

C.D.L. Partitions Limited (Registered number: 04107363)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans - 35,181

8. SECURED DEBTS

The following secured debts are included within creditors:

30.11.23 30.11.22
£    £   
Bank loans - 45,980

The following charges are as detailed at Companies House:

Hsbc Bank PLC

Type: Debenture

Date created: 12 June 2011

Description: Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery see image for full details.

Hsbc Bank PLC

Charge code: 0410 7363 0004

Date created: 31 July 2017

Description: A legal mortgage over the freehold property known as Unit 9, Griffin Industrial Estate, Penrhyndeudraeth, Gwynedd. Contains negative pledge.

9. RELATED PARTY DISCLOSURES

The directors loan account was in credit throughout the year.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
C.D.L. Partitions Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of C.D.L. Partitions Limited for the year ended 30 November 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of C.D.L. Partitions Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of C.D.L. Partitions Limited and state those matters that we have agreed to state to the Board of Directors of C.D.L. Partitions Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than C.D.L. Partitions Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that C.D.L. Partitions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of C.D.L. Partitions Limited. You consider that C.D.L. Partitions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of C.D.L. Partitions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Dunn & Ellis Cyf
Chartered Accountants
Adeilad St David's Building
Stryd Lombard Street
Porthmadog
Gwynedd
LL49 9AP


30 August 2024