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Company Registration No. 06386251 (England and Wales)
Cadence Resourcing Limited Unaudited accounts for the year ended 31 December 2023
Cadence Resourcing Limited Unaudited accounts Contents
Page
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Cadence Resourcing Limited Company Information for the year ended 31 December 2023
Directors
Saj Chowdry Dave Hobson John Reynolds
Company Number
06386251 (England and Wales)
Registered Office
101C Business Design Centre 52 Upper Street London N1 0QH
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Cadence Resourcing Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
395,287 
465,596 
Cash at bank and in hand
12,451 
11,460 
407,738 
477,056 
Creditors: amounts falling due within one year
(289,426)
(298,668)
Net current assets
118,312 
178,388 
Total assets less current liabilities
118,312 
178,388 
Creditors: amounts falling due after more than one year
(24,167)
(34,167)
Net assets
94,145 
144,221 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
94,045 
144,121 
Shareholders' funds
94,145 
144,221 
For the year ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by
Saj Chowdry Director Company Registration No. 06386251
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Cadence Resourcing Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Cadence Resourcing Limited is a private company, limited by shares, registered in England and Wales, registration number 06386251. The registered office is 101C Business Design Centre, 52 Upper Street, London, N1 0QH.
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.
3
Accounting policies
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in note 10 below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2023
20,379 
At 31 December 2023
20,379 
Depreciation
At 1 January 2023
20,379 
At 31 December 2023
20,379 
Net book value
At 31 December 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
365,440 
434,024 
Accrued income and prepayments
29,847 
31,572 
395,287 
465,596 
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Cadence Resourcing Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
257,426 
209,470 
VAT
77,277 
- 
Trade creditors
(24,010)
2,191 
Taxes and social security
52,987 
140,445 
Accruals
(74,254)
(53,438)
289,426 
298,668 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
24,167 
34,167 
8
Transactions with related parties
During the financial year Cadence Resourcing Limited received services from Monk Fish Management Limited in the amount of £51,364 (2022: £32,219) and Supply Chain Selection Limited in the amount of £4,528 (2022: £2,600). In addition, Cadence Resourcing Limited provided services to Ashenhurst Media Limited in the amount of £3,888 (2022: £1,555). Mr S Chowdry is a director of the abovementioned companies.
9
Average number of employees
During the year the average number of employees was 9 (2022: 8).
10
Reconciliations on adoption of FRS 102
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