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
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
Cadence Resourcing Limited
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
12,451
11,460
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)
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
Cadence Resourcing Limited
Notes to the Accounts
for the year ended 31 December 2023
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.
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.
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:
4
Tangible fixed assets
Fixtures & fittings
At 31 December 2023
20,379
At 31 December 2023
20,379
Amounts falling due within one year
Trade debtors
365,440
434,024
Accrued income and prepayments
29,847
31,572
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
Trade creditors
(24,010)
2,191
Taxes and social security
52,987
140,445
7
Creditors: amounts falling due after more than one year
2023
2022
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