Company Registration No. 08397980 (England and Wales)
Cape Clear Limited
Unaudited accounts
for the year ended 31 December 2023
Cape Clear Limited
Unaudited accounts
Contents
Cape Clear Limited
Company Information
for the year ended 31 December 2023
Directors
Desmond English
Michael Gerard English
Company Number
08397980 (England and Wales)
Registered Office
4
Benson Road
London
SE233RJ
UK
Accountants
Mrs Pamela Bodell
19
The Springs
Broxbourne
Hertfordshire
EN10 6EW
Cape Clear Limited
Statement of financial position
as at 31 December 2023
Tangible assets
266,133
271,097
Cash at bank and in hand
280,983
264,464
Creditors: amounts falling due within one year
(27,177)
(29,069)
Net current assets
259,414
240,077
Net assets
525,547
511,174
Called up share capital
400,000
400,000
Profit and loss account
125,547
111,174
Shareholders' funds
525,547
511,174
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 23 September 2024 and were signed on its behalf by
Desmond English
Director
Company Registration No. 08397980
Cape Clear Limited
Notes to the Accounts
for the year ended 31 December 2023
Cape Clear Limited is a private company, limited by shares, registered in England and Wales, registration number 08397980. The registered office is 4, Benson Road, London, SE233RJ, UK.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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:
Land & buildings
- In accordance with the property
Plant & machinery
- 25% on original cost
Computer equipment
- 33% on original cost
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
296,540
11,235
2,307
310,082
At 31 December 2023
296,540
11,235
2,307
310,082
At 1 January 2023
28,266
9,078
1,641
38,985
Charge for the year
3,271
1,213
480
4,964
At 31 December 2023
31,537
10,291
2,121
43,949
At 31 December 2023
265,003
944
186
266,133
At 31 December 2022
268,274
2,157
666
271,097
Cape Clear Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
8,898
13,489
Loans from directors
1,605
1,655
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Average number of employees
During the year the average number of employees was 5 (2022: 5).